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VMware's revenue is $13.4 billion.

What is VMware's revenue?

VMware's annual revenue is $13.3B. Zippia's data science team found the following key financial metrics about VMware after extensive research and analysis.
  • VMware's revenue growth from 2006 to 2022 is 906.93%.
  • VMware has 31,000 employees, and the revenue per employee ratio is $430,645.
  • VMware's peak quarterly revenue was $3.7B in 2022(q4).
  • VMware peak revenue was $13.3B in 2022.
  • VMware annual revenue for 2021 was 12.9B, 9.21% growth from 2020.
  • VMware annual revenue for 2022 was 13.3B, 3.88% growth from 2021.

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Most recent quarter revenue
$3.4B (Q2'2023)
Company most recent quarter revenue
Peak revenue
$13.4B (2022)
Company peak revenue
Revenue / employee
$430,645
Company revenue / employee

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Floating question marks illustration
Most recent quarter revenue
$3.4B (Q2'2023)
Company most recent quarter revenue
Peak revenue
$13.4B (2022)
Company peak revenue
Revenue / employee
$430,645
Company revenue / employee

VMware historical revenue

VMware's peak revenue was $13.3B in 2022. The peak quarterly revenue was $3.7B in 2022(q4).

VMware's revenue increased from $1.3b in 2006 to $13.3B currently. That's a 906.93% change in annual revenue.

VMware annual revenue

$13B
$11B
$8B
$5B
$3B
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022

VMware annual revenue over time

Fiscal year / yearVMware revenue
2009$2.0B
2010$2.9B
2011$3.8B
2012$4.6B
2013$5.2B
2014$6.0B
2015$6.6B
2016$7.1B
2017$7.9B
2018$9.6B
2019$10.8B
2020$11.8B
2021$12.9B
2022$13.4B

How accurately did VMware's revenue projections match actual performance?

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VMware annual growth

VMware saw the greatest revenue growth in 2008, when revenue increased by 41.88%.

VMware had the lowest revenue growth in 2007, when revenue changed by 0.0%.

VMware annual growth rate over time

YearVMware growth
2009
8%
2010
41%
2011
32%
2012
22%
2013
13%
2014
16%
2015
9%
2016
8%
2017
12%
2018
21%
2019
12%
2020
9%
2021
9%
2022
4%

VMware quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$4B
$3B
$2B
$1B
$743M
$0
2019
2020
2021
2022
2023

VMware quarterly growth rate over time

YearQ1Q2Q3Q4
2009---$608.2M
2010$633.5M$673.9M$714.2M$835.7M
2011$843.7M$921.2M$941.9M$1.1B
2012$1.1B$1.1B$1.1B$1.3B
2013$1.2B$1.2B$1.3B$1.5B
2014$1.4B$1.5B$1.5B$1.7B
2015$1.5B$1.5B$1.7B$1.9B
2016$1.6B$1.7B$1.8B$2.0B
2017$1.8B$1.9B$1.9B$2.3B
2018$2.0B$2.2B$2.2B$3.2B
2019$2.3B$2.4B$2.7B$3.1B
2020$2.7B$2.9B$2.9B$3.3B
2021$3.0B$3.1B$3.2B$3.5B
2022$3.1B$3.3B$3.2B$3.7B
2023$3.3B$3.4B--

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VMware financial information

CEORaghu Raghuram
IndustrySoftware & Services
Company TypePublic
Employees Number31,000
Date Founded1998
HeadquartersPalo Alto, California
Number of Locations39
Revenue$13.4B
Net Income$1,314,000,000
Gross Proft$10.9B (2022)
PE Ratio37.25
Tax Rate0.3%
Market Capitalization$49.0B
Total Assets$31,237,000,000
TickerVMW

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VMware financing

VMware received early financing of $20.0M on 2000-05-25.

SeriesRound sizeDate
Series Unknown$20M05/2000
Series Unknown$5M08/2000
Undisclosed$218.5M07/2007
Undisclosed$150M07/2007

VMware investors

InvestorsSecurity type
The Goldman Sachs Group, Inc.Series Unknown
Chase H&QSeries Unknown
Azure Capital PartnersSeries Unknown
Dell Inc.Series Unknown
VERITAS TECHNOLOGIES LLCSeries Unknown
IntelUndisclosed
Cisco Systems, Inc.Undisclosed

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Zippia gives an in-depth look into the details of VMware, including salaries, political affiliations, employee data, and more, in order to inform job seekers about VMware. The employee data is based on information from people who have self-reported their past or current employments at VMware. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by VMware. The data presented on this page does not represent the view of VMware and its employees or that of Zippia.

VMware may also be known as or be related to VMWARE INC., VMware, VMware Inc, VMware, Inc, VMware, Inc., Vmware, Vmware, Inc. and Virtual Machine Software.