Dell Technologies Quarterly Balance Sheet
NYSE: DELLTechnologyComputer ManufacturingUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Dell Technologies financial position
As of Jul 31, 2026, Dell Technologies reported total assets of $127.39 billion, up 42.9% from a year earlier against total liabilities of $128.82 billion. Shareholders' equity was negative at -$1.43 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $11.57 billion in cash and equivalents against $34.47 billion of debt, a net debt position of $22.90 billion.
The current ratio (current assets divided by current liabilities) was 0.96, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Dell Technologies balance sheet (quarterly)
| Quarter (USD) | Q2 20272026-07-31 | Q1 20272026-05-01 | Q4 20262026-01-30 | Q3 20262025-10-31 | Q2 20262025-08-01 | Q1 20262025-05-02 | Q4 20252025-01-31 | Q3 20252024-11-01 | Q2 20252024-08-02 | Q1 20252024-05-03 | Q4 20242024-02-02 | Q3 20242023-11-03 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 11.57B | 11.58B | 11.53B | 9.57B | 8.14B | 7.70B | 3.63B | 5.22B | 4.55B | 5.83B | 7.37B | 8.30B |
| Receivables | 22.92B | 25.85B | 17.59B | 11.72B | 15.02B | 9.79B | 10.30B | 11.19B | 11.39B | 8.56B | 9.34B | — |
| Inventory | 21.29B | 15.05B | 10.44B | 6.95B | 7.21B | 7.42B | 6.72B | 6.65B | 5.95B | 4.78B | 3.62B | 3.38B |
| Total Current Assets | 80.55B | 70.61B | 57.60B | 43.10B | 45.51B | 42.92B | 36.23B | 38.03B | 37.54B | 34.63B | 35.98B | 36.99B |
| Property, Plant & Equipment | 7.42B | 6.95B | 6.68B | 6.54B | 6.46B | 6.38B | 6.34B | 6.33B | 6.30B | 6.24B | 6.43B | 6.22B |
| Goodwill | 19.45B | 19.50B | 19.55B | 19.36B | 19.34B | 19.32B | 19.12B | 19.24B | 19.65B | 19.64B | 19.70B | 19.62B |
| Intangible Assets | 4.35B | 4.44B | 4.53B | 4.63B | 4.75B | 4.87B | 4.99B | 5.15B | 5.37B | 5.54B | 5.70B | 5.91B |
| Long-Term Investments | 2.68B | 2.48B | 1.73B | 1.76B | 1.60B | 1.59B | 1.50B | 1.31B | 1.30B | 1.29B | 1.32B | 1.29B |
| Total Assets | 127.39B | 114.91B | 101.29B | 87.48B | 89.18B | 86.87B | 79.75B | 81.95B | 82.69B | 80.19B | 82.13B | 83.26B |
| Accounts Payable | 49.72B | 45.26B | 33.63B | 23.79B | 27.46B | 25.35B | 20.83B | 23.40B | 24.09B | 20.59B | 19.23B | — |
| Short-Term Debt | 8.48B | 7.55B | 7.99B | 7.39B | 7.15B | 4.84B | 5.20B | 5.61B | 6.71B | 6.10B | 6.98B | 6.50B |
| Total Current Liabilities | 83.70B | 74.60B | 63.27B | 50.52B | 54.86B | 50.42B | 46.53B | 49.50B | 52.03B | 47.73B | 48.35B | 48.88B |
| Long-Term Debt | 25.98B | 23.61B | 23.51B | 23.85B | 21.54B | 23.94B | 19.36B | 19.41B | 17.81B | 19.38B | 19.01B | 20.12B |
| Total Liabilities | 128.82B | 116.32B | 103.76B | 90.10B | 91.94B | 89.89B | 81.13B | 84.14B | 85.48B | 82.91B | 84.26B | 85.83B |
| Shareholders' Equity | -1.43B | -1.40B | -2.47B | -2.62B | -2.77B | -3.02B | -1.48B | -2.29B | -2.89B | -2.82B | -2.23B | -2.66B |
| Retained Earnings | 10.06B | 6.34B | 3.33B | 1.42B | 231.00M | -567.00M | -1.16B | -2.67B | -3.48B | -4.00B | -4.45B | -5.52B |
| Total Debt | 34.47B | 31.16B | 31.50B | 31.24B | 28.69B | 28.78B | 24.57B | 25.02B | 24.52B | 25.48B | 25.99B | 26.62B |
| Net Cash (Debt) | -22.90B | -19.58B | -19.98B | -21.67B | -20.54B | -21.08B | -20.93B | -19.80B | -19.97B | -19.65B | -18.63B | -18.32B |
| Shares Outstanding | 640.00M | 649.00M | 652.00M | 667.00M | 675.00M | 683.00M | 696.00M | 702.00M | 705.00M | 710.00M | 705.00M | 715.00M |
This table shows 12 quarterly periods of Dell Technologies's balance sheet, from Q2 2027 back to Q3 2024, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow DELL's reporting calendar. What is a balance sheet?