VMware
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. VMware's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $13,350,000,000. Profit margin reached 10%. Total operating expenses were $8,838,000,000.

Profit Margin

VMware, Inc. (NYSE:VMW): Profit margin
2011 3.76B 723.93M 19.22%
2012 4.60B 745.70M 16.19%
2013 5.20B 1.01B 19.47%
2016 7.09B 1.18B 16.72%
2018 7.92B 570M 7.2%
2019 8.97B 2.42B 26.99%
2020 10.81B 6.41B 59.31%
2021 11.76B 2.05B 17.49%
2022 12.85B 1.82B 14.16%
2023 13.35B 1.31B 9.84%

VMW Income Statement (2011 – 2023)

2023 2022 2021 2020 2019 2018 2017 2014 2013 2011
Revenue
Revenue
13.35B12.85B11.76B10.81B8.97B7.92B7.09B5.20B4.60B3.76B
Cost of revenue
2.48B2.27B2.04B1.79B1.25B1.14B1.05B730M721.32M621.98M
Gross profit
10.86B10.58B9.72B9.01B7.71B6.78B6.04B4.47B3.88B3.14B
Operating exp.
Research and development
3.31B3.05B2.81B2.52B1.97B1.75B1.50B1.08B999.21M775.05M
Selling and marketing
4.39B4.06B3.71B3.67B2.91B2.59B2.35B1.81B1.64B1.33B
Total operating expenses
8.83B8.19B7.29B7.49B5.65B5.00B4.54B3.31B3.01B2.40B
Operating income
2.02B2.38B2.38B1.44B1.92B1.68B1.43B1.09B871.94M735.17M
Other income (expenses), net
-230M-302M-6M-3M18M96M34M54M25.82M-59.24M
Income before tax
1.79B2.08B2.38B1.43B2.88B1.80B1.47B1.14B893.11M794.41M
Income tax expense
478M265M324M-4.91B461M1.23B287M133M147.41M70.47M
Net income
1.31B1.82B2.05B6.41B2.42B570M1.18B1.01B745.70M723.93M
Earnings per share
Basic EPS
3.114.344.915.375.751.072.912.361.751.72
Diluted EPS
3.094.314.8615.085.751.042.872.341.721.68
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