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Dell Technologies (DELL) R&D spending by quarter

Dell Technologies' R&D spending was $1.1B in Q2 FY27 (second quarter fiscal 2027), +13% from Q1 FY27. Over the last 7 quarters it ranged from $752M (Q3 FY26) to $1.1B (Q2 FY27).

Dell Technologies R&D spending by quarterDell Technologies R&D spending by quarter$773MQ4 FY25$808MQ1 FY26$785MQ2 FY26$752MQ3 FY26$797MQ4 FY26$983MQ1 FY27$1.1BQ2 FY27
QuarterR&D spendingQ/QY/Y
Q2 FY27$1.1B+13%+41%
Q1 FY27$983M+23%+22%
Q4 FY26$797M+6%+3%
Q3 FY26$752M-4%—
Q2 FY26$785M-3%—
Q1 FY26$808M+5%—
Q4 FY25$773M——

Q2 FY27 at a glance

Dell Technologies, Q2 FY27: revenue $47.0B (+58% year over year), operating margin 11.5%, net earnings $4.1B, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Dell Technologies' R&D spending?

Dell Technologies' R&D spending was $1.1B in Q2 FY27 (second quarter fiscal 2027), +13% from Q1 FY27.

How has Dell Technologies' R&D spending changed?

Over the last 7 quarters it ranged from $752M (Q3 FY26) to $1.1B (Q2 FY27).

Q2 FY27 results → · How Dell Technologies makes money →