In 2025, Dell's physical B2C revenue reached US$6,974m, made up of US$3,208m in direct-to-consumer sales and US$3,766m through wholesale partners. Wholesale leans heavily on offline retail (US$2,260m offline versus US$1,506m online), while Dell's direct-to-consumer business is split more evenly between its online (US$3,208m) and offline (US$0m) stores.
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Sales Online vs. Offline (In Million US$)
Annual net revenue a brand generated through the sales of physical goods to private end customers.
Annual net revenue a brand generated both online and offline through the B2C sales of physical goods via direct-to-consumer channels associated with the brand (e.g., Apple selling via apple.com or its offline Apple Stores).
Annual net revenue a brand generated online through the B2C sales of physical goods via direct-to-consumer channels associated with the brand, i.e. its own online stores operated by the brand itself as well as its stores on marketplaces (e.g., Apple selling via apple.com or Apple selling via the Apple brand storefront on amazon.com).
Annual net revenue a brand generated online through the B2C sales of physical goods via its own direct-to-consumer online stores operated by the brand itself (e.g., Apple selling via apple.com).
Annual net revenue a brand generated online through the B2C sales of physical goods via its own official brand storefronts hosted on third-party marketplaces, where the brand itself remains the seller (e.g., Samsung selling through its official brand store on amazon.com or tmall.com).
Annual net revenue a brand generated offline through the B2C sales of physical goods via direct-to-consumer brick-and-mortar stores associated with the brand (e.g., Apple selling via its offline Apple Stores).
Annual net revenue a brand generated by selling its physical goods to retailers which then sell the goods both online and offline to B2C end customers (e.g., the brand Samsung selling products to the retailer Walmart).
Annual net revenue a brand generated by selling its physical goods to retailers which then sell the goods online to B2C end customers (e.g., the brand Samsung selling products to the retailer Walmart which then sells them via walmart.com).
Annual net revenue a brand generated by selling its physical goods to retailers which then sell the goods offline to B2C end customers (e.g., the brand Samsung selling products to the retailer Walmart which then sells them via its brick-and-mortar stores).
Brand Revenue — Physical B2C (In Million US$)
Total D2C + Wholesale Revenue, by Year
Brand Revenue — D2C (In Million US$)
D2C Revenue Split into Online and Offline, by Year
Brand Revenue — D2C Online (In Million US$)
D2C Online Revenue Split by Store Ownership, by Year
Brand Revenue — Wholesale (In Million US$)
Wholesale Revenue Split into Online and Offline, by Year
Dell's total brand revenue also includes US$0m from B2B & Services, shown separately on the Overview page and not part of the Physical B2C split above.
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