Latest period
$3.03B
YoY change
-0.7%
5Y CAGR
+4.8%
Peak year (2023)
$3.00B
Cumulative CapEx
$35.22B
CapEx history chart for Dell Technologies (DELL) from 2014 to 2026
Latest: $2.63B
CapEx growth chart for Dell Technologies (DELL) from 2014 to 2026
Latest: -0.7%
CapEx history table for Dell Technologies (DELL) from 2014 to 2026
| 2026 | $2.63B | -0.7% | −$19.00M | ||
| 2025 | $2.65B | -3.8% | −$104.00M | ||
| 2024 | $2.76B | -8.2% | −$247.00M | ||
| 2024 | $2.76B | -8.2% | −$247.00M | ||
| 2023 | $3.00B | +7.4% | +$207.00M | ||
| 2023 | $3.00B | +7.4% | +$207.00M | ||
| 2022 | $2.80B | +34.3% | +$714.00M | ||
| 2022 | $2.80B | +34.3% | +$714.00M | ||
| 2021 | $2.08B | -19.5% | −$505.00M | ||
| 2021 | $2.08B | -19.5% | −$505.00M | ||
| 2020 | $2.59B | +72.8% | +$1.09B | ||
| 2019 | $1.50B | +23.5% | +$285.00M | ||
| 2018 | $1.21B | +33.8% | +$306.00M | ||
| 2017 | $906.00M | +88.0% | +$424.00M | ||
| 2016 | $482.00M | +0.8% | +$4.00M | ||
| 2015 | $478.00M | -10.2% | −$54.00M | ||
| 2014 | $532.00M | — | — |
- 2026$2.63B-0.7%
- 2025$2.65B-3.8%
- 2024$2.76B-8.2%
- 2024$2.76B-8.2%
- 2023$3.00B+7.4%
- 2023$3.00B+7.4%
- 2022$2.80B+34.3%
- 2022$2.80B+34.3%
- 2021$2.08B-19.5%
- 2021$2.08B-19.5%
- 2020$2.59B+72.8%
- 2019$1.50B+23.5%
- 2018$1.21B+33.8%
- 2017$906.00M+88.0%
- 2016$482.00M+0.8%
- 2015$478.00M-10.2%
- 2014$532.00M—
CapEx values are taken from Dell Technologies's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Dell Technologies (DELL)
According to Dell Technologies's latest reported financial statements, the company's current CapEx (TTM) is $3.03B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2026 reading of Dell Technologies (DELL) CapEx is $2.63B – edged down 0.7% year-over-year.
Through 2023–2026 (5 years), Dell Technologies CapEx delivered a +4.8% annualised rate; with mixed annual results across the window.
Dell Technologies CapEx declined from $3.00B in 2023 to $2.63B in 2026, a 12.3% drawdown.
2023 marks the peak CapEx at $3.00B, with the historical low of $478.00M recorded in 2015.
Dell Technologies Capital Expenditures by Year
Dell Technologies Capital Expenditures 2026: $2.63B
Dell Technologies posted CapEx of $2.63B in 2026, edged down 0.7% below 2025.
Dell Technologies Capital Expenditures 2025: $2.65B
In 2025, Dell Technologies reported CapEx of $2.65B, edged down 3.8% below 2024.
Dell Technologies Capital Expenditures 2024: $2.76B
Dell Technologies CapEx in 2024 was $2.76B, edged up 0.0% from 2024.
Dell Technologies Capital Expenditures 2024: $2.76B
Dell Technologies CapEx in 2024 was $2.76B, declined 8.2% below 2023.
Dell Technologies Capital Expenditures 2023: $3.00B
Dell Technologies CapEx in 2023 was $3.00B.
See more financial history for Dell Technologies (DELL).
Sector peers by CapEx
Technology peers of Dell Technologies (DELL), ranked by their latest CapEx
| $64.55B | |
| $41.45B | |
| $15.86B | |
| $12.71B | |
| $6.04B | |
| $1.76B | |
| $974.00M | |
| $623.00M |
- $64.55B
- $41.45B
- $15.86B
- $12.71B
- $6.04B
- $1.76B
- $974.00M
- $623.00M
Frequently asked questions
Dell Technologies (DELL) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation