As of Q4'26 (2026-01-30), DELL's latest reported operating expenses show R&D Expenses at USD 797M and SG&A Expenses at USD 2.84B. Both categories saw a slight increase compared to the previous quarter, with R&D rising from USD 752M and SG&A from USD 2.72B. Over the period from Q1'24 to Q4'26, R&D Expenses have generally trended upward, increasing from USD 688M to USD 797M, despite some quarter-to-quarter fluctuations. SG&A Expenses, while consistently the dominant component, have shown more volatility, peaking at USD 3.52B in Q2'24 and then gradually declining to the current level. Overall, the data reflects a moderate growth in R&D investment and a managed reduction in SG&A costs over the observed timeframe.