ESXi 3.5, ESXi 4.x, and ESXi 5.x
Reinstalling the ESXi host is the only supported way to reset a password on ESXi. Any other method may lead to a host failure or an unsupported configuration due to the complex nature of the ESXi architecture. ESXi does not have a service console and as such traditional Linux methods of resetting a password, such as single-user mode do not apply.