The revenue of Dell Technologies reached approximately 101.2 billion U.S. dollars in the 2022 fiscal year. The company's revenue was consistently increasing since 2015 until 2020, when it declined by approximately 6 billion U.S. dollars. Since then, the company's revenue trajectory has recovered again.
Dell’s transition in the IT industry
Prior to 2013, Dell was a public company, with the bulk of its revenue made through PC sales. In 2013, after falling to a market share of just 10.4% of PC sales worldwide, founder and CEO Michael Dell bought out Dell for 24.4 billion U.S. dollars and made it private for a period of directional shift. In late 2018, Dell Technologies became a public company again. Reflecting the changing demands of digital transformation, Dell Technologies is the leading vendor worldwide both for cloud IT infrastructure and for storage systems.
Dell Technologies net revenue worldwide from 1996 to 2022
(in billion U.S. dollars)
The fiscal year ends either at the end of January or start of February of the respective financial year (Fiscal year 2021 ended January 29, 2021 for example). Figures for financial year 2020 onwards do not include values for VMware, which was spun off into a separate company in 2021.
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Dell, & Dell Technologies. (March 24, 2022). Dell Technologies net revenue worldwide from 1996 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 08, 2022, from https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
Dell, und Dell Technologies. "Dell Technologies net revenue worldwide from 1996 to 2022 (in billion U.S. dollars)." Chart. March 24, 2022. Statista. Accessed December 08, 2022. https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
Dell, Dell Technologies. (2022). Dell Technologies net revenue worldwide from 1996 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 08, 2022. https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
Dell, and Dell Technologies. "Dell Technologies Net Revenue Worldwide from 1996 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Mar 2022, https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
Dell & Dell Technologies, Dell Technologies net revenue worldwide from 1996 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/ (last visited December 08, 2022)