Dell Technologies (DELL) Research & Development (2015 - 2026)
Dell Technologies' Research & Development was $1.11 billion in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 41.3% from $785 million a year earlier and up 12.8% from the prior quarter.
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Analysis
Dell Technologies (DELL) Research & Development (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Dell Technologies' Research & Development was $3.64 billion through Jul 31, 2026, up 17.0% year-over-year; for FY2026 (ended Jan 30, 2026), it came in at $3.14 billion, up 2.6% from FY2025.
- Research & Development has now increased for five consecutive fiscal years, with a five-year compound annual growth rate of 5.1% (FY2021 to FY2026).
- In earlier fiscal years, Research & Development was $3.06 billion in FY2025 (+9.3%), $2.8 billion in FY2024 (+0.8%), $2.78 billion in FY2023 (+7.8%) and $2.58 billion in FY2022 (+5.0%).
- The fiscal Q2 2027 figure marks the highest quarterly Research & Development since fiscal Q3 2021.
- Compared with a year earlier, Research & Development has increased for ten straight quarters, with growth averaging 11.1% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was fiscal Q2 2027 (growth of 41.3%); the worst was fiscal Q3 2022 (a decline of 52.2%).
- Per Business Quant data, DELL's Research & Development in the three fiscal quarters before Q2 2027 was $983 million (Q1 2027), $797 million (Q4 2026) and $752 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 104.40 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 1.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.11 Bn |
| May 1, 2026 | 983.00 Mn |
| Jan 30, 2026 | 797.00 Mn |
| Oct 31, 2025 | 752.00 Mn |
| Aug 1, 2025 | 785.00 Mn |
| May 2, 2025 | 808.00 Mn |
| Jan 31, 2025 | 773.00 Mn |
| Nov 1, 2024 | 745.00 Mn |
| Aug 2, 2024 | 780.00 Mn |
| May 3, 2024 | 763.00 Mn |
| Feb 2, 2024 | 716.00 Mn |
| Nov 3, 2023 | 692.00 Mn |
| Aug 4, 2023 | 705.00 Mn |
| May 5, 2023 | 688.00 Mn |
| Feb 3, 2023 | 795.00 Mn |
| Oct 28, 2022 | 677.00 Mn |
| Jul 29, 2022 | 626.00 Mn |
| Apr 29, 2022 | 681.00 Mn |
| Jan 28, 2022 | 611.00 Mn |
| Oct 29, 2021 | 650.00 Mn |
API Access
Dell Technologies Research & Development 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=research-and-development&ticker=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();