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Dell Revenue from Products and Services

The total net revenue of Dell Technologies Inc grew 1% in 2023 compared to the previous fiscal. The company experienced a decline of 1% in its net revenue from the sales of products and an increase of 8% from the sales of services in 2023 compared to the previous year. Dell’s net sales of products in 2023 remained $ 79,250 million compared to $79,830 million in 2022 and $23,051 million from the sales of services in 2023 compared to $21,367 million in the previous fiscal. Dell generated $102,301 million in total net revenue in 2023 compared to $101,197 million in the prior year.

Net Revenue of Dell from products and services 2015-2023

Amounts are in $millions.

Year ProductsServicesTotal
2023$79,250$23,051$102,301
2022$79,830$21,367$101,197
2021$67,744$18,926$86,670
2020$67,607$17,208$84,815
2019$70,707 $19,914 $90,621
2018$61,251$17,789 $79,040 
2017$51,057$11,107$62,164
2016$42,742$8,169$50,911
2015$46,130$8,012$54,142

 The total net revenues of Dell technologies grew by 17% in 2022 compared to the previous fiscal. Dell’s total net revenues were $101.2 billion in 2022 compared to $86.7 billion in 2021. The company generated $79.8 billion from the sales of products in 2022 or 18% higher compared to the previous fiscal. Its product net revenues in 2022 was $79,830 million compared to $67,744 million in fiscal 2021. 

Dell generated $21.4 billion in net sales from services in fiscal 2022 compared to $18.9 billion in fiscal 2021 or around 13% growth.

Net Revenue of Dell technologies from products climbed $71.3 billion in fiscal 2019 from $61.25 billion in 2018. Services accounted for $19.3 billion of revenue in fiscal 2019.