For the fiscal year ended Jan 2023, the gross margin of dell Technologies Inc was $22,686 million or 4% higher compared to the prior year. In the previous fiscal, the company had generated $21,891 million in gross margin.
Gross Margin of Dell Technologies 2015-2023
Amounts are in $millions.
Year | Gross Margin ($m) |
2023 | $22,686 |
2022 | $21,891 |
2021 | $20,140 |
2020 | $20,639 |
2019 | $25,053 |
2018 | $20,537 |
2017 | $13,649 |
2016 | $8,387 |
2015 | $8,896 |
The gross margin of Dell technologies in fiscal 2022 increased to $21.9 billion compared to $20.14 billion in 2020.
Dell Technologies Gross Margin in fiscal 2020 was $20.64 billion compared to $25 billion in 2019.
The gross margin of Dell Technologies grew to $25 billion in FY 2019 from $20.5 billion in FY 2018.
About Dell Technologies:
Dell Technologies is a leading technology brand that offers a comprehensive range of IT hardware, software, and services solutions. Apart from a wide range of laptops and desktops, the company also offers multi-cloud and big data solutions. The company has divided its business into three segments, including the Infrastructure solutions group, Client Solutions group, and VMware.
The company has its headquarters in Round Rock, Texas, United States. The net revenue of Dell Technologies grew to $92.2 billion in 2020 compared to $90.6 billion in 2019. Its gross margin for fiscal 2020 was $28.9 billion compared to $25 billion in 2019. Dell Technologies’ net income in fiscal 2020 grew to $5529 million compared to a net loss of $2.2 billion in 2019.
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.