Dell Technologies net revenue worldwide 1996-2024
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.
