Operating Expenses

R&D

Dell Technologies R&D increased by 6.0% to $797.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $716.00M to $797.00M. Over 4 years (FY 2022 to FY 2026), R&D shows an upward trend with a 5.3% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2026Mar 16, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$619.00M$697.00M$650.00M$593.00M$681.00M$626.00M$677.00M$694.00M$688.00M$705.00M$692.00M$513.00M$763.00M$780.00M$745.00M$716.00M$808.00M$785.00M$752.00M$797.00M
QoQ Change+12.6%-6.7%-8.8%+14.8%-8.1%+8.1%+2.5%-0.9%+2.5%-1.8%-25.9%+48.7%+2.2%-4.5%-3.9%+12.8%-2.8%-4.2%+6.0%
YoY Change+10.0%-10.2%+4.2%+17.0%+1.0%+12.6%+2.2%-26.1%+10.9%+10.6%+7.7%+39.6%+5.9%+0.6%+0.9%+11.3%
Range$513.00M$808.00M
CAGR+5.5%
Avg YoY Growth+6.1%
Median YoY Growth+6.8%

Frequently Asked Questions

What is Dell Technologies's r&d?
Dell Technologies (DELL) reported r&d of $797.00M in Q4 2025.
How has Dell Technologies's r&d changed year-over-year?
Dell Technologies's r&d increased by 11.3% year-over-year, from $716.00M to $797.00M.
What is the long-term trend for Dell Technologies's r&d?
Over 4 years (2022 to 2026), Dell Technologies's r&d has grown at a 5.3% compound annual growth rate (CAGR), from $2.56B to $3.14B.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.