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.

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As of 2024, Dell's employee count was approximately ******* which represented a decrease of about ****** employees from the previous year. The figure has been gradually decreasing since 2020, as a result of cost management policies and limitations on hiring and employee reorganizations. Background on Dell The American-owned private multinational computer technology company Dell is a powerful player in the global market, ranking highly in the list of America’s most powerful and valuable corporations. Within the desktop computer industry, the company is one of the leading PC vendors in the world, next to Hewlett Packard and Lenovo. The company’s primary focus has rested on the development and sale of personal computers and other personal computer-related services, but recent years have seen the company expand into storage and networking markets and begin to place greater focus on the delivery of enterprise hardware and services. Founded back in the 1980s by the then 19-year-old Michael Dell, the company has been generating multi-billion dollar revenue figures since the late 90s and also records a generous annual net income. The company also invests a significant amount of funding into research and development, helping the company remain at the top of its game. Throughout the company’s history, Dell has made a number of acquisitions to support its market position, including: Alienware, Perot Systems, Credant Technologies, Gale Technologies, and Quest software. In recent years, two significant events have occurred. Firstly, 2013 saw the company delist its shares from various stock exchanges, becoming a private company. Secondly, in late 2015, Dell purchased the data storage giant EMC Corporation for around ** billion U.S. dollars. At the time, it was the largest technology deal in history. For Dell, EMC offers strength in a variety of data and information activities, including security, storage, and infrastructure, and the rapidly growing big data market. In 2021, Dell spun off VMware, which it had acquired as part of the EMC deal, into a separate company.Dell has previously been recognized for its commitment to environmental and sustainability goals. In 2020, the company announced its goal to recycle a product equivalent to every product that it sells, and use recycled or reused materials to make more than half of every product.