VMware reports fiscal year 2022 second quarter results, Cloud Native
- Revenues for the second quarter were
$ 3.14 billion, an increase of 9% compared to the second quarter of fiscal 2021.
- The combination of subscription and SaaS and license revenue was
$ 1.51 billion, an increase of 12% compared to the second quarter of fiscal 2021.
- Subscription and SaaS revenue for the second quarter was
$ 776 million, an increase of 23% on an annual basis.
- The subscription and SaaS ARR for the second quarter were
$ 3.15 billion, an increase of 26% on an annual basis.
- GAAP net income for the second quarter was
$ 411 million, or $ 0.97per diluted share, a decrease of 8% per diluted share compared to $ 447 million, or $ 1.06per diluted share for the second quarter of fiscal 2021. Net income outside GAAP for the second quarter was $ 739 million, or $ 1.75per diluted share, by 3% per diluted share compared to $ 766 million, or $ 1.81of diluted share for the second quarter of fiscal 2021
- GAAP’s operating income for the second quarter was
$ 525 million, a decrease of 2% compared to the second quarter of fiscal 2021. Non-GAAP operating income for the second quarter is $ 924 million, a decrease of 3% compared to the second quarter of fiscal 2021.
- The operating cash flow for the second quarter was
$ 864 million. The free cash flow for the second quarter was $ 777 million.
- RPO for the second quarter is total
$ 11.2 billion, by 8% more than the previous year.
- The company remains on track for a planned spin – off from
Dell Technologies Inc.in the beginning November 2021.
“Our customers are developing their strategies from ‘cloud first’ to ‘cloud smart’ philosophy, where they choose the right clouds and cloud services for the right load and turn to a multi-cloud environment,” he said.
“We are pleased with our financial results for the second quarter with the subscription and SaaS ARR, increasing by 26% on an annual basis to
Business highlights and strategic communications
VMwareintroduced VMware Anywhere Workspace, a solution that combines VMware Workspace ONE, VMware SASE, and VMware Carbon Black Cloud, enabling organizations to manage multimodal employee experiences, better protect the distributed edge, and automate the workspace. VMwareworks with Zoom Video Communications, Inc. to provide better and more secure collaboration for hybrid work environments. Efforts will ensure interoperability between VMware Anywhere Workspace and the Zoom Collaboration Platform to further improve the ease of use, performance, and security of applications and the network. VMwareand Vapor IO have announced that they are building a Multi-Cloud Grid service that integrates VMware Telco Cloud Platform with Vapor IO’s Kinetic Grid platform, designed to significantly simplify and reduce the cost of deploying distributed 5G systems and applications in real time.
- Cohere Technologies and
VMwaredevelop an open radio access network (O-RAN) solution to help communication service providers improve network and spectrum efficiency and provide new and differentiated services and experience to their customers. VMwarehas announced enhanced SaaS innovations for VMware Horizon, the industry-leading virtual desktop infrastructure (VDI) and the Desktop-as-a-Service (DaaS) platform. These new capabilities will make it easier for IT organizations to manage Horizon deployments wherever they are, locally or in the cloud. VMwarereceived further recognition from leading industry analysts: VMwareis positioned as a leader in “The Forrester Wave ™: Endpoint Security Software as a Service, Q2 2021.” 1
- IDC Ranked VMware No. 1 in the Global IT Automation and Configuration Management (ITACM) 2020 Market Share
- IDC ranks VMware №1 in software-defined market share calculations in 2020.
2 IDC, “World Market Shares of IT Automation and Configuration Management Software, 2020: Moderate Growth Against a Pandemic Disruption”, doc # US47758721,
3 IDC, “Market shares of software-defined computer software worldwide, 2020: growth shifts to containers”, doc # US47298521,
The company will host a conference call today at