# Dell Technologies Inc. (DELL) FY2027 Q2 Statement of Cash Flows

- Company: Dell Technologies Inc. (DELL)
- Period: 2026-05-02 to 2026-07-31
- Filing: Q2 FY2027 10-Q, filed 2026-09-08, accession number 0001571996-26-000046
- Page: https://plicit.ai/financials/dell/fy2027-q2-cash-flow
- Chart image: https://plicit.ai/charts/dell-fy2027-q2-cash-flow-sankey.png

## Chart details

Cash flows for May 2, 2026 through Jul 31, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: May 1, 2026. Ending cash: Jul 31, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on May 1, 2026**: 11,753,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- **Operating activities**: 2,225,000,000 US dollars. Net cash provided.
- **Net income**: 4,133,000,000 US dollars
- **Depreciation and amortization**: 754,000,000 US dollars
- **Stock-based compensation expense**: 184,000,000 US dollars
- **Deferred income taxes**: negative 22,000,000 US dollars
- **Other, net**: negative 67,000,000 US dollars
- **Accounts receivable**: 2,903,000,000 US dollars
- **Financing receivables**: negative 6,667,000,000 US dollars
- **Inventories**: negative 6,225,000,000 US dollars
- **Other assets and liabilities**: 265,000,000 US dollars
- **Accounts payable**: 4,542,000,000 US dollars
- **Deferred revenue**: 2,425,000,000 US dollars
- **Investing activities**: negative 1,337,000,000 US dollars. Net cash used.
- **Purchases of investments**: negative 211,000,000 US dollars
- **Sales of equity and other investments**: 89,000,000 US dollars
- **Capital expenditures and capitalized software development costs**: negative 1,239,000,000 US dollars
- **Divestitures of businesses and assets, net**: 0 US dollars
- **Other**: 24,000,000 US dollars
- **Financing activities**: negative 882,000,000 US dollars. Net cash used.
- **Repurchases of common stock**: negative 3,796,000,000 US dollars
- **Repurchases of common stock for employee tax withholdings**: negative 18,000,000 US dollars
- **Payments of dividends and dividend equivalents**: negative 405,000,000 US dollars
- **Proceeds from debt**: 4,386,000,000 US dollars
- **Repayments of debt**: negative 1,017,000,000 US dollars
- **Debt-related costs and other, net**: negative 32,000,000 US dollars
- **Operating adjustment reconciliation**: 12,981,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 5,268,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 1,450,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 22,000,000 US dollars
- **Ending cash on Jul 31, 2026**: 11,737,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- **Cash sources and uses**: 13,978,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 16,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.54×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 2,225,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 1,239,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 986,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income exceeds operating cash. The diagram allocates $2.23B of net income directly to operating cash and $1.91B to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 2,225,000,000 US dollars minus 1,239,000,000 US dollars equals 986,000,000 US dollars.