Dell Technologies (DELL) Free Cash Flow (2015 - 2026)
Dell Technologies' Free Cash Flow came in at $986 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 47.2% from $1.87 billion a year earlier and down 68.4% from the prior quarter.
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Analysis
Dell Technologies (DELL) Free Cash Flow (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Dell Technologies reported Free Cash Flow of $8.56 billion, up 76.1% year-over-year; for FY2026 (ended Jan 30, 2026), it was $8.55 billion, up 357.6% from FY2025.
- Free Cash Flow carries a five-year compound annual growth rate of -1.7% (FY2021 to FY2026).
- Going back by fiscal year, Free Cash Flow was $1.87 billion in FY2025 (-68.4%), $5.92 billion in FY2024 (+953.4%), $562 million in FY2023 (-92.5%) and $7.51 billion in FY2022 (-19.5%).
- The five-year range for quarterly Free Cash Flow is -$959 million (fiscal Q1 2023) to $3.95 billion (fiscal Q4 2026).
- Year-over-year, Free Cash Flow increased in three of the last six quarters, with growth averaging 82.2%.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q1 2026 (growth of 398.4%), and the weakest in fiscal Q2 2025 (a decline of 74.6%).
- Business Quant data shows DELL's Free Cash Flow at $3.12 billion (Q1 2027), $3.95 billion (Q4 2026) and $503 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 31.91 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 5.00 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 986.00 Mn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 1.05 Bn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 7.08 Bn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 1.12 Bn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 1.28 Bn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 1.24 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 196.20 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 896.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 986.00 Mn |
| May 1, 2026 | 3.12 Bn |
| Jan 30, 2026 | 3.95 Bn |
| Oct 31, 2025 | 503.00 Mn |
| Aug 1, 2025 | 1.87 Bn |
| May 2, 2025 | 2.23 Bn |
| Jan 31, 2025 | -150.00 Mn |
| Nov 1, 2024 | 914.00 Mn |
| Aug 2, 2024 | 658.00 Mn |
| May 3, 2024 | 447.00 Mn |
| Feb 2, 2024 | 806.00 Mn |
| Nov 3, 2023 | 1.45 Bn |
| Aug 4, 2023 | 2.59 Bn |
| May 5, 2023 | 1.08 Bn |
| Feb 3, 2023 | 1.96 Bn |
| Oct 28, 2022 | -351.00 Mn |
| Jul 29, 2022 | -83.00 Mn |
| Apr 29, 2022 | -959.00 Mn |
| Jan 28, 2022 | 2.35 Bn |
| Oct 29, 2021 | 2.45 Bn |
API Access
Dell Technologies Free Cash Flow 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=free-cash-flow&ticker=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();