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| Date | Value |
|---|---|
| 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 |