Inferra AI / Company / CVLT
Commvault Systems Inc.
CVLT · Information Technology
Last earnings Oct 27, 2026
Key results
Total revenuequarter
$276 million
htm EX-99.1 Document Commvault Announces Second Quarter Fiscal 2026 Financial Results Total revenues of $276 million, up 18% year over year Annualized recurring revenue (ARR) 1 surpassed $1 billion milestone, ahead of March 2026 target
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
Revenuequarter
18%
htm EX-99.1 Document Commvault Announces Second Quarter Fiscal 2026 Financial Results Total revenues of $276 million, up 18% year over year Annualized recurring revenue (ARR) 1 surpassed $1 billion milestone, ahead of March 2026 target
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
Free cash flowquarter
$74 million
Operating cash flow of $77 million, free cash flow 2 of $74 million Tinton Falls, N.
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
Total revenuefull-year
$276 million
Total revenues were $276 million, up 18% year over year Total ARR 1 grew to $1,043 million, up 22% year over year, or 21% on a constant currency basis using March 31, 2025 spot rates
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
Growthfull-year
up 18%
Total revenues were $276 million, up 18% year over year Total ARR 1 grew to $1,043 million, up 22% year over year, or 21% on a constant currency basis using March 31, 2025 spot rates
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
Subscription revenuefull-year
$173 million
Subscription revenue was $173 million, up 29% year over year, inclusive of term-based license
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
Revenuefull-year
$93 million
revenue of $93 million, up 10% year over year, and
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
SaaS revenuefull-year
$80 million
SaaS revenue of $80 million, up 61% year over year Subscription ARR 1 grew to $894 million, up 30% year over year, or 29% on a constant currency basis using March 31, 2025 spot rates Income from operations (EBIT) was $12 million, an
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
Operating marginfull-year
4.5%
operating margin of 4.5% Non-GAAP EBIT 2 was $51 million, an
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
operating margin of 18.6%
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
AI analysis
Q3 FY2026 · reported Oct 28, 2025
Based on: Earnings release + parent 8-K + 10-K — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · Oct 28, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q3 FY2026 | Prior qtr | Year ago |
|---|---|---|---|
| Total revenue | $276 million | — | — |
| Revenue | 18% | — | — |
| Free cash flow | $74 million | — | — |
Guidance · company-stated
“are expected to be between $298 million and $300 million”
“is expected to be between $195 million and $197 million”
“2 is expected to be between 80% and 81%”
“2 is expected to be between $225 million and $230 million”
Guidance stated in the release's Business Outlook table for Third Quarter; no direction stated — figures as stated in the table.
Margin
Cash flow & capex
Capital allocation
As a result, customers or partners may delay payments, fail to meet payment obligations, or seek to renegotiate payment terms, which could increase bad debt expense or reduce operating cash flows.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue +8.0% computed from stated figures
Event summary
Commvault and BeyondTrust announced a new integration between the Commvault Cloud platform and BeyondTrust Password Safe, enabling customers to further mitigate credential risk, improve security
Based on: Earnings release + parent 8-K + 10-K — transcript not held
Guidance & outlook
Total revenues: “Total revenues are expected to be between $298 million and $300 million”
revenue: “revenue is expected to be between $195 million and $197 million”
gross margin: “gross margin 2 is expected to be between 80% and 81%”
Free cash flow: “Free cash flow 2 is expected to be between $225 million and $230 million”
Total revenues (“Third Quarter”)
“Total revenues are expected to be between $298 million and $300 million”
revenue (“Third Quarter”)
“revenue is expected to be between $195 million and $197 million”
gross margin (“Third Quarter”)
“gross margin 2 is expected to be between 80% and 81%”
Free cash flow (“Third Quarter”)
“Free cash flow 2 is expected to be between $225 million and $230 million”
Guidance stated in the release's Business Outlook table for Third Quarter; no direction stated — figures as stated in the table.
Capital allocation
As a result, customers or partners may delay payments, fail to meet payment obligations, or seek to renegotiate payment terms, which could increase bad debt expense or reduce operating cash flows.
SEC original ↗Commvault Systems Inc. — 10-K Annual report10-KMay 11, 2026
Strategy & priorities
SaaS net dollar retention rate (NRR) is the percentage of SaaS ARR retained from existing customers at the start of an annual period after accounting for expansion revenue, churn, and downgrades.
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
We believe our SaaS NRR offers valuable insight into the year-over-year expansion of our existing customer base, reflecting both increased utilization of current products and services as well as the adoption of additional offerings.
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
In particular, statements regarding our plans, strategies, prospects and expectations regarding our business are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
SEC original ↗Commvault Systems Inc. — 10-K Annual report10-KMay 11, 2026
Its solutions are delivered through multiple deployment models, including Commvault hosted SaaS, customer managed software, integrated appliances, and offerings delivered and managed by strategic partners, cloud service providers, and managed service providers.
SEC original ↗Commvault Systems Inc. — 10-K Annual report10-KMay 11, 2026
It supports hybrid cloud strategies and is intended to help customers improve recoverability by maintaining secure, logically isolated backup copies.
SEC original ↗Commvault Systems Inc. — 10-K Annual report10-KMay 11, 2026
Risks & headwinds
Safe Harbor Statement This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions, outcome of litigation and others.
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
For a discussion of these and other risks and uncertainties affecting Commvault's business, see Item 1A.
SEC original ↗Commvault Systems Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2025
Legal Proceedings 28 Item 4.
SEC original ↗Commvault Systems Inc. — 10-K Annual report10-KMay 11, 2026
These statements involve risks, uncertainties and assumptions.
SEC original ↗Commvault Systems Inc. — 10-K Annual report10-KMay 11, 2026
Many of these risks, uncertainties and assumptions are beyond our control and may cause actual results and performance to differ materially from our expectations.
SEC original ↗Commvault Systems Inc. — 10-K Annual report10-KMay 11, 2026
Important factors that could cause our actual results to be materially different from our expectations include the risks and uncertainties set forth under the heading "Risk Factors.
SEC original ↗Commvault Systems Inc. — 10-K Annual report10-KMay 11, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
33 documents- Q3 2026
- 8-KCVLT
Oct 27, 2026
- Q2 2026
- 8-KCVLT
Sep 24, 2026
- 8-KCVLT
Aug 6, 2026
- 10-QCVLT
Jul 29, 2026
- 8-KCVLT
Jul 28, 2026
- EX-99CVLT
Jul 28, 2026
- Q1 2026
- 10-KCVLT
May 11, 2026
- 8-KCVLT
Apr 28, 2026
- 8-KCVLT
Apr 13, 2026
- EX-99CVLT
Apr 13, 2026
- Q4 2025
- 10-QCVLT
Jan 28, 2026
- 8-KCVLT
Jan 27, 2026
- Q3 2025
- 8-KCVLT
Dec 4, 2025
- 10-QCVLT
Oct 29, 2025
- 8-KCVLT
Oct 28, 2025
- 8-KCVLT
Oct 20, 2025
- Q2 2025
- 8-KCVLT
Sep 5, 2025
- 8-KCVLT
Sep 2, 2025
- 8-KCVLT
Aug 11, 2025
- 10-QCVLT
Jul 30, 2025
- 8-KCVLT
Jul 29, 2025
- Q1 2025
- 10-KCVLT
May 5, 2025
- 8-KCVLT
Apr 30, 2025
- 8-KCVLT
Apr 29, 2025
- 8-KCVLT
Apr 15, 2025
- Q4 2024
- 10-QCVLT
Jan 29, 2025
- 8-KCVLT
Jan 28, 2025
- Q3 2024
- 10-QCVLT
Oct 30, 2024
- 8-KCVLT
Oct 29, 2024
- 8-KCVLT
Oct 4, 2024
- Q2 2024
- 8-KCVLT
Sep 24, 2024
- 8-KCVLT
Aug 12, 2024
- 10-QCVLT
Jul 31, 2024
Earnings releases
10 documentsPresentations
0 documentsNo presentations for Commvault Systems Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Commvault Systems Inc. are held in this edition of the library.
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