Dell Technologies (DELL) Change in Inventory (2015 - 2026)
Dell Technologies (DELL) reported Change in Inventory of $6.23 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), compared with -$119 million a year earlier and up 32.0% from the prior quarter.
Dell Technologies (DELL) Change in Inventory (2015 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Dell Technologies' Change in Inventory came in at $14.31 billion, up 787.3% year-over-year; for FY2026 (ended Jan 30, 2026), it came in at $3.99 billion, up 13.4% from FY2025.
- Change in Inventory has a five-year compound annual growth rate of 75.0% (FY2021 to FY2026).
- By fiscal year, Change in Inventory came in at $3.52 billion in FY2025, -$975 million in FY2024, -$875 million in FY2023 and $2.51 billion in FY2022 (+934.6%).
- The fiscal Q2 2027 figure ranks as the highest quarterly Change in Inventory in data going back to fiscal Q1 2016.
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $4.72 billion (Q1 2027), $3.58 billion (Q4 2026) and -$206 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 4.38 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 992.00 Mn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 6.23 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 155.20 Mn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 460.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 41.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 154.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | -811.88 Mn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 63.20 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 2.89 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.23 Bn |
| May 1, 2026 | 4.72 Bn |
| Jan 30, 2026 | 3.58 Bn |
| Oct 31, 2025 | -206.00 Mn |
| Aug 1, 2025 | -119.00 Mn |
| May 2, 2025 | 734.00 Mn |
| Jan 31, 2025 | 193.00 Mn |
| Nov 1, 2024 | 805.00 Mn |
| Aug 2, 2024 | 1.28 Bn |
| May 3, 2024 | 1.24 Bn |
| Feb 2, 2024 | 228.00 Mn |
| Nov 3, 2023 | -153.00 Mn |
| Aug 4, 2023 | -366.00 Mn |
| May 5, 2023 | -684.00 Mn |
| Feb 3, 2023 | -1.36 Bn |
| Oct 28, 2022 | 372.00 Mn |
| Jul 29, 2022 | -306.00 Mn |
| Apr 29, 2022 | 419.00 Mn |
| Jan 28, 2022 | 451.00 Mn |
| Oct 29, 2021 | 1.27 Bn |
Dell Technologies Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "DELL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();