The revenue of Dell Technologies reached approximately 88.4 billion U.S. dollars in the 2024 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 had recovered again, until its latest decrease of nearly 14 billion U.S. dollars.
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 2024
(in billion U.S. dollars)
Fiscal years
Net revenue in billion U.S. dollars
2024
88.43
2023
102.3
2022
101.2
2021
86.67
2020
84.82
2019
90.62
2018
79.04
2017
61.6
2016
50.9
2015
54.1
2014
55.58
2013
56.9
2012
62.1
Created with Highcharts 7.2.2Fiscal yearsNet revenue in billion U.S. dollars5.35.37.87.812.312.318.218.225.325.331.931.931.231.235.335.341.341.349.149.155.855.857.457.461.161.161.161.152.952.961.561.562.162.156.956.955.5855.5854.154.150.950.961.661.679.0479.0490.6290.6284.8284.8286.6786.67101.2101.2102.3102.388.4388.4319961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
020406080100120
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The fiscal year ends either at the end of January or start of February of the respective financial year. Fiscal year 2024 ended on February 2, 2024. 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 25, 2024). Dell Technologies net revenue worldwide from 1996 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 24, 2025, from https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
Dell, und Dell Technologies. "Dell Technologies net revenue worldwide from 1996 to 2024 (in billion U.S. dollars)." Chart. March 25, 2024. Statista. Accessed May 24, 2025. https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
Dell, Dell Technologies. (2024). Dell Technologies net revenue worldwide from 1996 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 24, 2025. https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
Dell, and Dell Technologies. "Dell Technologies Net Revenue Worldwide from 1996 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
Dell & Dell Technologies, Dell Technologies net revenue worldwide from 1996 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/ (last visited May 24, 2025)
Dell Technologies net revenue worldwide from 1996 to 2024 (in billion U.S. dollars) [Graph], Dell, & Dell Technologies, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/264911/dells-net-revenue-since-1996/
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