COMMVAULT SYSTEMS INCCVLTEarnings & Financial Report
Commvault Systems, Inc. is an American publicly traded cybersecurity and data protection software company. Commvault's services are used for data security, as well as cloud and infrastructure management.
Revenue
$224.7M
Gross Profit
$184.9M
Operating Profit
$18.4M
Net Profit
$18.5M
Gross Margin
82.3%
Operating Margin
8.2%
Net Margin
8.2%
YoY Growth
13.4%
EPS
$0.41
COMMVAULT SYSTEMS INC Q1 FY2025 Financial Summary
COMMVAULT SYSTEMS INC reported revenue of $224.7M (up 13.4% YoY) for Q1 FY2025, with a net profit of $18.5M (up 46.7% YoY) (8.2% margin). Cost of goods sold was $39.8M, operating expenses totaled $166.5M.
Key Financial Metrics
| Total Revenue | $224.7M |
|---|---|
| Net Profit | $18.5M |
| Gross Margin | 82.3% |
| Operating Margin | 8.2% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
COMMVAULT SYSTEMS INC Q1 FY2025 revenue of $224.7M breaks down across 4 segments, led by Subscription at $124.1M (55.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription | $124.1M | 55.2% |
| Customer Support Service | $76.3M | 34.0% |
| Perpetual License | $13.7M | 6.1% |
| Service Other | $10.6M | 4.7% |
COMMVAULT SYSTEMS INC Revenue by Segment — Quarterly Trend
COMMVAULT SYSTEMS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription and Customer Support Service) has evolved quarter over quarter.
| Segment | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 |
|---|---|---|---|---|
| Subscription | — | — | $172.7M | — |
| Customer Support Service | — | $80.3M | $80.2M | $79.0M |
| Perpetual License | — | $13.7M | $12.1M | $7.3M |
| Service Other | — | — | $11.2M | $13.9M |
COMMVAULT SYSTEMS INC Annual Revenue by Year
COMMVAULT SYSTEMS INC annual revenue history includes year-by-year totals (for example, 2026 revenue was $1.2B).
| Year | Annual Revenue |
|---|---|
| 2026 | $1.2B |
| 2025 | $995.6M |
| 2024 | $839.2M |
| 2023 | $784.6M |
| 2022 | $769.6M |
COMMVAULT SYSTEMS INC Quarterly Revenue & Net Profit History
COMMVAULT SYSTEMS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2026 | $311.7M | +13.3% | $14.6M | 4.7% |
| Q3 FY2026 | $313.8M | +19.5% | $17.8M | 5.7% |
| Q2 FY2026 | $276.2M | +18.4% | $14.7M | 5.3% |
| Q1 FY2026 | $282.0M | +25.5% | $23.5M | 8.3% |
| Q4 FY2025 | $275.0M | +23.2% | $31.0M | 11.3% |
| Q3 FY2025 | $262.6M | +21.1% | $11.0M | 4.2% |
| Q2 FY2025 | $233.3M | +16.1% | $15.6M | 6.7% |
| Q1 FY2025 | $224.7M | +13.4% | $18.5M | 8.2% |
Income Statement
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $224.7M | $233.3M | $262.6M | $275.0M | $282.0M | $276.2M | $313.8M | $311.7M |
| YoY Growth | 13.4% | 16.1% | 21.1% | 23.2% | 25.5% | 18.4% | 19.5% | 13.3% |
Balance Sheet
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $934.9M | $958.5M | $1.02B | $1.12B | $1.18B | $1.92B | $2.04B | $1.89B |
| Liabilities | $653.1M | $680.7M | $735.9M | $793.1M | N/A | N/A | N/A | $1.88B |
| Equity | $281.8M | $277.8M | $287.8M | $325.1M | $364.7M | $210.5M | $216.7M | $7.5M |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $44.7M | $55.6M | $30.1M | $77.0M | $31.7M | $76.8M | $4.0M | $132.2M |