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VMware Reports Fourth Quarter and Fiscal Year 2021 Results


FY21 revenue of $11.8 billion; growth of 9% year-over-year
Subscription and SaaS revenue of $2.6 billion; 22% of total revenue for FY21
PALO ALTO, Calif.–(BUSINESS WIRE)–$VMW#earnings–VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the fourth quarter and full fiscal year 2021:
Quarterly Review
Revenue for the fourth quarter was $3.3 billion, an increase of 7% from the fourth quarter of fiscal 2020.
The combination of Subscription and SaaS and license revenue was $1.7 billion, an increase of 8% from the fourth quarter of fiscal 2020.
Subscription and SaaS revenue for the fourth quarter was $707 million, an increase of 27% year-over-year.
GAAP net income for the fourth quarter was $791 million, or $1.87 per diluted share, compared to $321 million, or $0.76 per diluted share, for the fourth quarter of fiscal 2020. Non-GAAP net income for the fourth quarter was $936 million, or $2.21 per dilu ....

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