Research and Development Expenses of Dell Technologies 2015-2019
Amounts are in $millions.
|Year||R&D expenses ($m)|
Dell technologies spent $4,992 million on research and development in fiscal 2020 compared to $4,604 million in 2019.
Research and development (R&D) expenses of Dell technologies increased to $4.6 billion in 2019 from $4.4 billion in 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.