Dell Technologies (DELL) Free Cash Flow (2015 - 2026)

Dell Technologies' (DELL) quarterly Free Cash Flow came in at $3.1 billion in Q2 2026, up 39.95% YoY from $2.2 billion in Q2 2025, and down 21.12% on a QoQ basis from $4.0 billion in Q1 2026.

Dell Technologies (DELL) Free Cash Flow (2015 - 2026) Analysis & Trends

Dell Technologies (DELL) has 12 years of Free Cash Flow data on file, last reported at $3.1 billion in Q2 2026.

  • Quarterly Free Cash Flow rose 39.95% year-over-year to $3.1 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $9.4 billion (up 158.68% YoY) and the FY2026 annual result came in at $8.6 billion, up 357.57% from the prior year.
  • Free Cash Flow eased to $3.1 billion in Q2 2026, from $4.0 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $4.0 billion in Q1 2026 to a low of -$959.0 million in Q2 2022.
  • A 5-year average of $1.2 billion and a median of $995.0 million in 2023 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2022 — Free Cash Flow tumbled 159.45% — and 2023, when it jumped 3220.48%.
  • Tracing DELL's Free Cash Flow over 5 years: stood at -$351.0 million in 2022, then jumped by 512.54% to $1.4 billion in 2023, then sank by 36.88% to $914.0 million in 2024, then sank by 44.97% to $503.0 million in 2025, then surged by 519.88% to $3.1 billion in 2026.
  • The last three Free Cash Flow figures came in at $3.1 billion (Q2 2026), $4.0 billion (Q1 2026), and $503.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 3.12 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 1.64 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 2.99 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 1.33 Bn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 978.00 Mn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 157.09 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 756.00 Mn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn -6.62 Bn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 149.91 Mn
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn -159.39 Mn

Historic Data

Download Data
DateValue
May 1, 2026 3.12 Bn
May 1, 2026 3.12 Bn
Jan 30, 2026 3.95 Bn
Jan 30, 2026 3.95 Bn
Oct 31, 2025 503.00 Mn
Oct 31, 2025 503.00 Mn
Aug 1, 2025 1.87 Bn
Aug 1, 2025 1.87 Bn
May 2, 2025 2.23 Bn
May 2, 2025 2.23 Bn
Jan 31, 2025 -150.00 Mn
Jan 31, 2025 -150.00 Mn
Nov 1, 2024 914.00 Mn
Nov 1, 2024 914.00 Mn
Aug 2, 2024 658.00 Mn
Aug 2, 2024 658.00 Mn
May 3, 2024 447.00 Mn
May 3, 2024 447.00 Mn
Feb 2, 2024 806.00 Mn
Feb 2, 2024 806.00 Mn