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Head-to-head · every figure from the vendor documents

Dell XE9685L vs Lenovo SR860 V4

A specification-by-specification comparison of the Dell PowerEdge XE9685L and the Lenovo ThinkSystem SR860 V4, built from Dell’s and Lenovo’s own documents. 1 headline measure favours the XE9685L, 4 favour the SR860 V4, and they share no processors.

Bottom line. SR860 V4 leads on virtualisation, databases and in-memory work, storage density. Neither vendor publishes benchmarks for these machines, so every call here is made on what their documents state.

Dell PowerEdge XE9685L front with LCD bezel over the drive bays and twelve PCIe Gen5 slot covers in the lower 2U
Dell PowerEdge
XE9685L
4U Rack2 sockets24 DIMMiDRAC9
VS
Lenovo ThinkSystem SR860 V4 4U four-socket rack server, front three-quarter view with the optional lockable bezel fitted
Lenovo ThinkSystem
SR860 V4
4U Rack4 sockets64 DIMMXClarity Controller 3
01 — Scoreboard

The measures that decide it

Each row is a figure both vendors publish. Bars show the split between the two; a badge marks the larger figure, which is not always the better buy — a shallower chassis or a lower power ceiling can matter more.

2
Processor sockets
Higher4
384Higher
Cores, fully populated
Largest listed processor × its socket count
344
3 TB
Memory ceiling
As each document states it
Higher16 TB
8
Drive bays
Higher56
Up to 8
Accelerators
Up to 8
3,000 W
Largest power supply
Higher3,200 W
4U Rack
Rack height
4U Rack
400 GbE class
Fastest network option
400 GbE class
02 — Verdict

Which one, and why

Drawn from the measures above and each model’s own data sheet. Neither vendor publishes benchmark results for these servers, so nothing here claims one is “faster”.

Choose the XE9685L if…

  • Cores, fully populated: 384 against 344 on the SR860 V4
  • The highest host core count in Dell’s 4U liquid-cooled pair: up to 192 cores per EPYC 9965, 384 cores across both sockets.

Choose the SR860 V4 if…

  • Processor sockets: 4 against 2 on the XE9685L
  • Memory ceiling: 16 TB against 3 TB on the XE9685L
  • Drive bays: 56 against 8 on the XE9685L
  • Fifty-six front drives in one chassis: 32 E3.S 1T NVMe bays over 24 × 2.5-inch SAS/SATA bays, or 48 × 2.5-inch with up to 24 of them NVMe.
03 — By workload

Where each one pulls ahead

Calls made on documented capacity only — cores, memory, bays, accelerators and network options — with the figures behind each one shown.

VirtualisationXE9685L: 384 cores with 3 TB. SR860 V4: 344 cores with 16 TB.SR860 V4
Databases & in-memoryMemory ceiling 3 TB against 16 TB, across 24 and 64 DIMM slots.SR860 V4
Storage density8 bays in 4U against 56 in 4U.SR860 V4
AI & acceleration8 accelerators against 8 in the vendor documents.Line ball
Network throughputFastest card listed: 400 GbE class against 400 GbE class.Line ball
04 — Specifications

Side by side, differences first

Everything both documents state, grouped. The default view hides rows where the two machines are identical.

Processors

Every processor each vendor lists for the model, from its own document.

SpecificationXE9685LSR860 V4
Processors listed57
Most cores per processor19286
Highest processor TDP500 W350 W
Processor familiesAMD EPYC 9005Xeon 6 P-core

Memory

SpecificationXE9685LSR860 V4
DIMM slots2464
Slots per processor1216
Largest module listed128 GB256 GB
Memory typesRDIMM DDR5-6400RDIMM DDR5-6400 · 3DS RDIMM DDR5-6400 · CXL 2.0 memory module (E3.S 2T)

Storage

Bay counts are the maximum each document states, including rear and mid-chassis positions.

SpecificationXE9685LSR860 V4
Maximum bays856
Documented layouts14
Bay sizes2.5-inch2.5-inch · E3.S
Boot devicesBOSS-N1 (2 x M.2 NVMe, HWRAID 1)M.2 RAID B550i-2i SATA/NVMe Enablement Kit (internal, 2 x NVMe M.2, Broadcom SAS3808N RAID) · M.2 RAID B545i-2i SATA/NVMe Adapter (internal, 2 x SATA or NVMe M.2, Broadcom SAS3808N RAID) · M.2 B350i-2i NVMe Enablement Kit (internal, 2 x NVMe M.2, optional VROC RAID) + 2 more
Storage controllers115

Accelerators & I/O

SpecificationXE9685LSR860 V4
Double-wide cards listed01
OCP slots12
PCIe network slots1218
Network cards listed914

Power & platform

SpecificationXE9685LSR860 V4
Power-supply options110
Output range3,000–3,000 W1,300–3,200 W
Input typesACAC · 277 VAC / HVDC · −48 V DC
ManagementiDRAC9XClarity Controller 3
Chassis depthVendors measure depth differently — see each data sheet1025.62 mm (40.37 in) without bezel / 1037.57 mm (40.82 in) with bezel906 mm (2.5-inch chassis) / 946 mm (E3.S chassis)
05 — The data

Processors, memory, bays and power

The same charts each data sheet carries, drawn to the same scale so the two ranges can be read against each other.

XE9685L: processors by cores and TDP

Dell PowerEdge XE9685L processors081624324048566472808896104112120128136144152160168176184192300 W350 W400 W450 W500 WCores per processorAMD EPYC 9965 — 192 cores / 384 threads · 500 W · 2.25 GHz base · 384 MB cache · DDR5-6400AMD EPYC 9755 — 128 cores / 256 threads · 500 W · 2.7 GHz base · 512 MB cache · DDR5-6400AMD EPYC 9655 — 96 cores / 192 threads · 400 W · 2.6 GHz base · 384 MB cache · DDR5-6400AMD EPYC 9575F — 64 cores / 128 threads · 400 W · 3.3 GHz base · 256 MB cache · DDR5-6400AMD EPYC 9455 — 48 cores / 96 threads · 300 W · 3.15 GHz base · 256 MB cache · DDR5-6400EPYC 9965192 cores · 2.6 W/core — top SKU and most efficient
AMD EPYC 9005 5Bubble size = L3 cache · hover a bubble for the full SKU

SR860 V4: processors by cores and TDP

Lenovo ThinkSystem SR860 V4 processors0816243240485664728088150 W200 W250 W300 W350 WCores per processorIntel Xeon 6 6788P — 86 cores / 172 threads · 350 W · 2 GHz base · 336 MB cache · DDR5-6400Intel Xeon 6 6768P — 64 cores / 128 threads · 330 W · 2.4 GHz base · 336 MB cache · DDR5-6400Intel Xeon 6 6748P — 48 cores / 96 threads · 300 W · 2.5 GHz base · 192 MB cache · DDR5-6400Intel Xeon 6 6738P — 32 cores / 64 threads · 270 W · 2.9 GHz base · 144 MB cache · DDR5-6400Intel Xeon 6 6728P — 24 cores / 48 threads · 210 W · 2.7 GHz base · 144 MB cache · DDR5-6400Intel Xeon 6 6724P — 16 cores / 32 threads · 210 W · 3.6 GHz base · 72 MB cache · DDR5-6400Intel Xeon 6 6714P — 8 cores / 16 threads · 165 W · 4 GHz base · 48 MB cache · DDR5-64006 6788P86 cores · 4.1 W/core — top SKU and most efficient
Xeon 6 P-core 7Bubble size = L3 cache · hover a bubble for the full SKU

XE9685L: memory with every slot filled

64 GB1.5 TB96 GB2.3 TB128 GB3 TB24 slots · 12 per processor · each tick = one DIMM

SR860 V4: memory with every slot filled

32 GB2 TB64 GB4 TB96 GB6 TB128 GB8 TB256 GB16 TB64 slots · 16 per processor · each tick = one DIMM

XE9685L: drive bays

Front panel

8 × 2.5" NVMe at the front — 8 bays in total.

SAS/SATANVMeSAS/SATA + NVMe

SR860 V4: drive bays

Front panel

8 × 2.5" SAS/SATA at the front — 8 bays in total.

SAS/SATANVMeSAS/SATA + NVMe

XE9685L: power supplies

0500100015002000250030003000 W Titanium — 3000 W Mixed Mode (post-RTS), single PSU model with multiple ratings: 3000 W Titanium at 209.1-240 V AC, 16 A, 10,900 BTU/hr; 3000 W at 240 V DC, 14.6 A, 11,000 BTU/hr; derates to 2800 W at 200-209 V AC, 16 A, 10,500 BTU/hr (low-line derate, not a separate SKU); 6 PSUs per system; redundancy policies 5+1 FR (not redundant, full performance) or 3+3 FTR (may throttle if >1 PSU down); 86 mm form factor, C21 cord3000TitaniumWatts · dashed line = output at 100–120 V low line
AC

SR860 V4: power supplies

05001000150020002500300035001300 W not stated — -48V DC CRPS Premium (-44V to -54V DC), BizLink connector; efficiency rating not stated in doc; max 41300DC1300 W Platinum — 230V/115V CRPS v1.5, C14; 1000W at 115V; max 41300Platinum1300 W Platinum — 230V/115V CRPS v2.4, C14; 1000W at 115V; max 41300Platinum1300 W Platinum — HVAC/HVDC CRPS Premium, 200-277V AC / 240-380V DC, Amphenol connector; max 41300Platinum1300 W Titanium — 230V/115V CRPS Premium, C14; 1000W at 115V; max 41300Titanium2000 W Titanium — 230V CRPS Premium, C14; max 42000Titanium2700 W Platinum — 230V CRPS v2.3, C20; max 42700Platinum2700 W Platinum — 230V CRPS v2.4, C20; max 42700Platinum2700 W Titanium — 230V CRPS Premium, C20; max 42700Titanium3200 W Titanium — 230V CRPS Premium, C20; max 43200TitaniumWatts · dashed line = output at 100–120 V low line
AC277 VAC / HVDC−48 V DC
07 — Questions

XE9685L vs SR860 V4, answered

Is the XE9685L or the SR860 V4 the faster server?

Neither document publishes benchmark results, so this page compares what they do state. The XE9685L lists 5 processors up to 192 cores at 500 W; the SR860 V4 lists 7 up to 86 cores at 350 W. Fully populated that is 384 cores against 344.

Which holds more memory?

The XE9685L has 24 DIMM slots and a stated ceiling of 3 TB. The SR860 V4 has 64 and 16 TB.

Which takes more drives?

XE9685L: 8 bays across 1 documented layouts. SR860 V4: 56 across 4. Counts include rear and mid-chassis positions where the vendor documents them.

Can either take GPUs?

XE9685L: up to 8 accelerators, 0 double-wide cards listed. SR860 V4: up to 8, 1 double-wide listed.

Do they share any processors?

No. The two documents list different processors, so a like-for-like processor build is not possible across these two.

Where these figures come from. XE9685L: Dell PowerEdge XE9685L Technical Guide (Rev. A03, June 2026) (Dell document). SR860 V4: Lenovo ThinkSystem SR860 V4 Server (September 7, 2026) (Lenovo document). Each claim on this page is derived from those documents, checked page by page on the two data sheets, and carries no pricing.

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