VMWARE, INC. (VMW) [Rocket]

In millions, except per share items	Feb-03-23	Jan-28-22	Jan-29-21	Jan-31-20	Feb-01-19	Feb-02-18	Dec-31-16	Dec-31-15
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Total license and subscription and SaaS		6,333.0	5,620.0	5,058.0	4,345.0	3,555.0
Subscription and SaaS	4,012.0	3,205.0	2,587.0	1,877.0	1,303.0	927.0
Other	9,338.0	3,313.0	3,560.0	3,876.0	3,965.0	3,854.0
Total revenues [+]	13,350.0	12,851.0	11,767.0	10,811.0	9,613.0	8,336.0	5,968.0	6,571.0
Licensing								2,720.0
Services	6,503.0							3,927.0
Revenue growth [+]	3.9%	9.2%	8.8%	12.5%	15.3%		-9.2%	8.9%
Total license and subscription and SaaS		12.7%	11.1%	16.4%	22.2%
Subscription and SaaS	25.2%	23.9%	37.8%	44.1%	40.6%
Total services		6.0%	6.8%	9.2%
Cost of goods sold [+]	1,801.0	2,271.0	2,043.0	1,799.0	1,552.0	1,511.0	0.0	1,018.0
Cost of services	1,646.0							832.0
Cost of licenses/maintenance agreements	155.0
Cost of licensing								186.0
Gross profit	11,549.0	10,580.0	9,724.0	9,012.0	8,061.0	6,825.0	5,968.0	5,553.0
Gross margin	86.5%	82.3%	82.6%	83.4%	83.9%	81.9%	100.0%	84.5%
Selling, general and administrative [+]	6,063.0	5,135.0	4,478.0	4,970.0	4,076.0	3,445.0	2,996.0	3,033.0
Sales and marketing	4,767.0	4,067.0	3,711.0	3,677.0	3,230.0	2,723.0	2,307.0	2,267.0
General and administrative	1,296.0	1,068.0	767.0	1,293.0	846.0	722.0	689.0	766.0
Research and development	3,933.0	3,057.0	2,816.0	2,522.0	2,173.0	1,917.0	1,503.0	1,300.0
Other operating expenses	-477.0							99.0
EBITDA [+]	3,264.0	3,498.0	3,455.0	2,393.0	2,539.0	2,081.0	2,011.0	1,456.0
EBITDA growth	-6.7%	1.2%	44.4%	-5.8%	22.0%		38.1%	4.9%
EBITDA margin	24.4%	27.2%	29.4%	22.1%	26.4%	25.0%	33.7%	22.2%
Depreciation	1,234.0	807.0	697.0	573.0	480.0	439.0	413.0	190.0
EBITA	2,030.0	2,691.0	2,758.0	1,820.0	2,059.0	1,642.0	1,598.0	1,266.0
EBITA margin	15.2%	20.9%	23.4%	16.8%	21.4%	19.7%	26.8%	19.3%
Amortization of intangibles		303.0	328.0	300.0	247.0	179.0	129.0	145.0
EBIT [+]	2,030.0	2,388.0	2,430.0	1,520.0	1,812.0	1,463.0	1,469.0	1,121.0
EBIT growth	-15.0%	-1.7%	59.9%	-16.1%	23.9%		31.0%	7.5%
EBIT margin	15.2%	18.6%	20.7%	14.1%	18.8%	17.6%	24.6%	17.1%
Non-recurring items [+]	8.0	1.0	42.0	79.0	9.0			-76.0
Legal settlement								-76.0
Interest expense, net [+]	304.0	250.0	197.0	89.0	-27.0	-46.0	-51.0	-23.0
Interest expense	304.0	252.0	204.0	149.0	134.0	74.0	26.0	26.0
Interest income		2.0	7.0	60.0	161.0	120.0	77.0	49.0
Other income (expense), net	74.0	-52.0	191.0	86.0	-1.0	68.0	-17.0	-7.0
Pre-tax income	1,792.0	2,085.0	2,382.0	1,438.0	1,829.0	1,577.0	1,503.0	1,213.0
Income taxes	478.0	265.0	324.0	-4,918.0	239.0	1,152.0	280.0	216.0
Tax rate	26.7%	12.7%	13.6%		13.1%	73.1%	18.6%	17.8%
Minority interest				-56.0	-60.0	-12.0
Net income	1,314.0	1,820.0	2,058.0	6,412.0	1,650.0	437.0	1,223.0	997.0
Net margin	9.8%	14.2%	17.5%	59.3%	17.2%	5.2%	20.5%	15.2%

Basic EPS [+]	$3.11	$4.34	$4.90	$15.37	$3.99	$1.07	$2.91	$2.35
Growth	-28.4%	-11.5%	-68.1%	285.5%	274.4%		23.7%	14.2%
Diluted EPS [+]	$3.09	$4.31	$4.86	$15.08	$3.92	$1.04	$2.88	$2.34
Growth	-28.4%	-11.4%	-67.8%	284.9%	277.4%		23.4%	14.6%

Dividends per share [+]		$27.41			$26.58
Growth	-100.0%			-100.0%

Shares outstanding (basic) [+]	423.2	419.5	419.8	417.1	413.8	410.3	420.5	424.0
Growth	0.9%	-0.1%	0.7%	0.8%	0.8%		-0.8%	-1.5%
Shares outstanding (diluted) [+]	425.9	422.4	423.2	425.2	421.1	420.9	424.0	426.5
Growth	0.8%	-0.2%	-0.5%	1.0%	0.1%		-0.6%	-1.8%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.