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CVLT

Commvault Systems, Inc.

CVLT

Commvault Systems, Inc. • NASDAQ
$123.50 ▲ 0.19% (+0.24)
Market Cap $5.46 B
52w High $200.68
52w Low $116.33
Dividend Yield 0%
P/E 69.77
Volume 279.05K
Outstanding Shares 44.17M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $276.188M ▼ $208.653M ▲ $14.73M ▼ 5.333% ▼ $0.33 ▼ $18.309M ▼
Q1-2026 $281.978M ▲ $206.11M ▲ $23.496M ▼ 8.333% ▼ $0.53 ▼ $29.853M ▼
Q4-2025 $275.039M ▲ $200.546M ▲ $30.993M ▲ 11.269% ▲ $0.7 ▲ $31.165M ▲
Q3-2025 $262.63M ▲ $200.396M ▲ $11.021M ▼ 4.196% ▼ $0.25 ▼ $17.969M ▼
Q2-2025 $233.278M $175.448M $15.565M 6.672% $0.36 $18.807M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $1.064B ▲ $1.917B ▲ $1.706B ▲ $210.46M ▼
Q1-2026 $363.234M ▲ $1.176B ▲ $811.698M ▲ $364.739M ▲
Q4-2025 $302.103M ▲ $1.118B ▲ $793.144M ▲ $325.122M ▲
Q3-2025 $243.575M ▼ $1.024B ▲ $735.907M ▲ $287.849M ▲
Q2-2025 $303.071M $958.476M $680.688M $277.788M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $14.73M ▼ $76.769M ▲ $-29.684M ▼ $655.907M ▲ $700.321M ▲ $73.582M ▲
Q1-2026 $23.496M ▼ $31.681M ▼ $26.826M ▲ $-16.908M ▲ $61.131M ▲ $29.802M ▼
Q4-2025 $30.993M ▲ $76.955M ▲ $-730K ▲ $-23.724M ▲ $58.528M ▲ $76.172M ▲
Q3-2025 $11.021M ▼ $30.146M ▼ $-45.378M ▼ $-31.899M ▲ $-59.496M ▼ $29.884M ▼
Q2-2025 $15.565M $55.589M $-1.956M $-46.143M $15.2M $53.741M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Customer Support Service
Customer Support Service
 $80.00M ▲$80.00M ▲$80.00M ▲$80.00M ▲
Perpetual License
Perpetual License
 $20.00M ▲$10.00M ▼$10.00M ▲$10.00M ▲
Service Other
Service Other
 $10.00M ▲$10.00M ▲$30.00M ▲$30.00M ▲
Subscription
Subscription
 $160.00M ▲$170.00M ▲$180.00M ▲$170.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Commvault’s revenue has been climbing steadily over the past several years, pointing to a business that is gradually gaining traction rather than growing in sudden spikes. Profitability has improved meaningfully: the company has moved from small losses to consistent operating and net profits. One recent year stands out with unusually high earnings, which may reflect one‑off items rather than a new permanent level of profitability. More recently, profits look solid but more modest, suggesting a healthier, more repeatable earnings base rather than a temporary windfall. Overall, the income statement shows a maturing software business with improving margins but still exposed to swings from restructuring, investment cycles, and accounting items.

Balance Sheet

Balance Sheet The balance sheet looks conservative and relatively low‑risk. Cash and liquid reserves are sizable compared with total assets, and the company carries only a very small amount of debt. Equity has rebuilt after earlier dips, indicating that retained profits are now adding back to the company’s financial cushion. Asset growth has been measured rather than aggressive, consistent with a software company that doesn’t need heavy physical investment. The main risk is less about leverage and more about maintaining the value of intangible assets—software, customer relationships, and technology—through ongoing innovation.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow has grown steadily in line with the business, and free cash flow is close to operating cash flow because the company spends very little on physical capital. This means a high share of accounting earnings is backed by real cash, giving management flexibility to fund R&D, acquisitions, or shareholder returns without leaning on debt. The main sensitivity is that cash flow depends on ongoing subscription renewals and license sales; a slowdown in customer spending would be felt relatively quickly in the cash flows, even if the balance sheet remains strong.

Competitive Edge

Competitive Edge Commvault operates in a crowded and fast‑moving field, but it has carved out a differentiated position around unified data protection and cyber resilience. Its platform approach—covering backup, recovery, security, and data intelligence across on‑premise and multi‑cloud environments—reduces complexity for large enterprises that might otherwise juggle many point solutions. Longstanding relationships with big global customers and broad workload support give it a durable foothold. At the same time, competition from newer cloud‑native players, security vendors, and large cloud providers is intense. Sustaining its position will likely depend on continued product integration, clear security outcomes, and the pace at which customers adopt its cloud and SaaS offerings.

Innovation and R&D

Innovation and R&D Innovation is one of Commvault’s key levers. The company is pushing hard on AI‑driven features—such as automated threat detection, intelligent data recovery, and natural‑language interfaces for administrators—aimed at making cyber resilience more proactive and less labor‑intensive. Newer initiatives like the Commvault Cloud Unity platform, Cloud Rewind for rapid application‑level recovery, and identity resilience tools show a strategy that blends backup, security, and governance into a single fabric. The planned move toward more autonomous “agentic” operations suggests a long runway for product evolution. The flip side is execution risk: these are ambitious bets in a space where many rivals are also racing to embed AI and advanced security, so the value will ultimately be judged by adoption, reliability, and customer outcomes rather than features alone.

Summary

Commvault looks like a financially disciplined software company transitioning from a traditional data‑backup provider into a broader cyber‑resilience and data‑management platform. The financials show steady revenue growth, improved and more sustainable profitability, strong cash generation, and a very conservative balance sheet with minimal debt. Strategically, its strength lies in an integrated platform, deep enterprise relationships, and a clear focus on ransomware and cyber recovery—areas of growing importance for large organizations. The main uncertainties center on competitive intensity, the success of its SaaS and cloud transitions, and its ability to turn ambitious AI‑driven innovation into durable customer adoption and pricing power over time.

NEWS

November 13, 2025 · 8:30 AM UTC

Commvault Delivers Complete Cyber Resilience for the AI-Powered Enterprise at Microsoft Ignite 2025

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November 12, 2025 · 4:45 PM UTC

Commvault Honors the Fearless Few - Announcing Global Partner of the Year Award Winners at SHIFT NYC

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November 12, 2025 · 9:30 AM UTC

Commvault Unveils a New Era in Enterprise Resilience with the Commvault Cloud Unity Platform Release

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October 29, 2025 · 8:30 AM UTC

Commvault Introduces Conversational AI as the Interface for Backup and Cyber Resilience

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October 28, 2025 · 7:45 AM UTC

Commvault Announces Second Quarter Fiscal 2026 Financial Results

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