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Quarterly report 2024-Q2
added 05-16-2026

VMware Gross Profit | VMW

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
  • Raw materials and supplies
  • Wages of production personnel
  • Depreciation of equipment
  • Transportation and warehousing costs (if directly related to production)
Importance for business:
  • Assessing core business profitability
    If gross profit is declining, it may indicate rising production costs or falling sales.
  • Financial planning
    Gross profit is the basis for calculating other key metrics, such as operating and net profit.
  • Benchmarking against competitors
    Gross profit analysis helps compare the efficiency of different companies within the same industry.
  • Insights into pricing effectiveness
    If gross profit is low, the company may be pricing too low or failing to control costs effectively.
Reasons for a decline in gross profit:
  • Increase in raw material and supply costs
  • Rising production expenses
  • Price reductions due to competition
  • Decrease in sales volume
  • Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit VMware

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
- - - 9.01 B 7.72 B 6.72 B 419 M 6.04 B 5.55 B 5.12 B 4.48 B 3.88 B 3.15 B - - - -

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
9.01 B 419 M 5.21 B

Gross Profit of other stocks in the Software industry

Issuer Gross Profit Price % 24h Market Cap Country
nCino nCino
NCNO
360 M $ 23.1 1.85 % $ 2.61 B usaUSA
Cloudflare Cloudflare
NET
1.62 B $ 265.31 -5.48 % $ 92.4 B usaUSA
Datadog Datadog
DDOG
2.74 B $ 215.92 -8.22 % $ 75 B usaUSA
ServiceNow ServiceNow
NOW
10.3 B $ 106.02 0.86 % $ 110 B usaUSA
NetScout Systems NetScout Systems
NTCT
682 M $ 37.6 -2.01 % $ 2.71 B usaUSA
Dropbox Dropbox
DBX
2.02 B $ 35.66 -1.64 % $ 9.57 B usaUSA
The Descartes Systems Group Inc The Descartes Systems Group Inc
DSGX
562 M $ 91.37 0.83 % $ 7.85 B canadaCanada
Waitr Holdings Waitr Holdings
WTRH
95.1 M - -5.96 % $ 19.2 M usaUSA
Okta Okta
OKTA
2.26 B $ 184.75 -11.28 % $ 32.5 B usaUSA
Opera Limited Opera Limited
OPRA
153 M $ 14.82 -3.86 % $ 1.33 B norwayNorway
Oracle Oracle
ORCL
31.1 B $ 118.89 -9.02 % $ 340 B usaUSA
OneSpan OneSpan
OSPN
179 M $ 25.46 -0.78 % $ 973 M usaUSA
eGain Corporation eGain Corporation
EGAN
66.8 M $ 5.86 -0.68 % $ 159 M usaUSA
8x8 8x8
EGHT
475 M $ 2.1 0.24 % $ 289 M usaUSA
Open Text Corporation Open Text Corporation
OTEX
3.87 B $ 26.5 -0.36 % $ 6.6 B canadaCanada
Limelight Networks Limelight Networks
LLNW
108 M - 1.65 % $ 340 M usaUSA
Palo Alto Networks Palo Alto Networks
PANW
8.08 B $ 351.58 -3.91 % $ 263 B usaUSA
Materialise NV Materialise NV
MTLS
151 M $ 7.2 0.28 % $ 425 M belgiumBelgium
Paylocity Holding Corporation Paylocity Holding Corporation
PCTY
1.23 B $ 172.85 1.14 % $ 9.35 B usaUSA
Phunware Phunware
PHUN
1.29 M $ 1.79 -4.55 % $ 36.1 M greeceGreece
Palantir Technologies Palantir Technologies
PLTR
3.69 B $ 178.41 -3.1 % $ 423 B usaUSA
ePlus ePlus
PLUS
616 M $ 89.13 -4.07 % $ 2.34 B usaUSA
Progress Software Corporation Progress Software Corporation
PRGS
790 M $ 44.76 -0.83 % $ 1.92 B usaUSA
Fair Isaac Corporation Fair Isaac Corporation
FICO
823 M $ 723.74 1.76 % $ 17.5 B usaUSA
PTC PTC
PTC
2.29 B $ 194.28 -0.64 % $ 23.3 B usaUSA
PubMatic PubMatic
PUBM
180 M $ 15.59 -1.89 % $ 733 M usaUSA
Quhuo Limited Quhuo Limited
QH
12.4 M $ 3.0 -0.99 % $ 4.18 B chinaChina
Qualys Qualys
QLYS
554 M $ 207.4 -7.46 % $ 7.5 B usaUSA
Q2 Holdings Q2 Holdings
QTWO
430 M $ 70.55 5.17 % $ 4.39 B usaUSA
Magic Software Enterprises Ltd. Magic Software Enterprises Ltd.
MGIC
158 M - - $ 853 M israelIsrael
MiX Telematics Limited MiX Telematics Limited
MIXT
90.9 M - 2.46 % $ 8.04 B south-africaSouth-africa
Red Violet Red Violet
RDVT
23.3 M $ 77.61 -2.98 % $ 1.09 B usaUSA
Radware Ltd. Radware Ltd.
RDWR
244 M $ 32.6 -5.74 % $ 1.4 B israelIsrael
Fortinet Fortinet
FTNT
5.47 B $ 126.48 -7.05 % $ 95.9 B usaUSA
Repay Holdings Corporation Repay Holdings Corporation
RPAY
232 M $ 4.71 2.73 % $ 403 B usaUSA
Rapid7 Rapid7
RPD
605 M $ 14.94 -9.78 % $ 967 M usaUSA
SolarWinds Corporation SolarWinds Corporation
SWI
714 M - - $ 3.13 B usaUSA
Rackspace Technology Rackspace Technology
RXT
506 M $ 2.37 -9.73 % $ 566 M usaUSA
Tufin Software Technologies Ltd. Tufin Software Technologies Ltd.
TUFN
87.8 M - -0.76 % $ 475 M usaUSA
CDK Global CDK Global
CDK
199 M - 0.06 % $ 6.34 B usaUSA
LivePerson LivePerson
LPSN
213 M $ 3.1 0.97 % $ 24.3 M usaUSA
Benefitfocus Benefitfocus
BNFT
140 M - - $ 362 M usaUSA
Shopify Shopify
SHOP
5.56 B $ 156.15 -0.85 % $ 203 B canadaCanada
Everbridge Everbridge
EVBG
317 M - - $ 1.42 B usaUSA
Absolute Software Corporation Absolute Software Corporation
ABST
161 M - - $ 811 M canadaCanada
Snowflake Snowflake
SNOW
3.15 B $ 290.52 -5.08 % $ 98 B usaUSA
Synopsys Synopsys
SNPS
5.43 B $ 466.4 -0.26 % $ 76.5 B usaUSA
SPS Commerce SPS Commerce
SPSC
520 M $ 85.05 2.48 % $ 3.22 B usaUSA