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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and COMMVAULT SYSTEMS INC (CVLT). Click either name above to swap in a different company.

COMMVAULT SYSTEMS INC is the larger business by last-quarter revenue ($311.7M vs $172.2M, roughly 1.8× Acadian Asset Management Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs 4.7%, a 15.5% gap on every dollar of revenue. On growth, COMMVAULT SYSTEMS INC posted the faster year-over-year revenue change (13.3% vs 2.6%). Over the past eight quarters, Acadian Asset Management Inc.'s revenue compounded faster (27.6% CAGR vs 17.8%).

United Asset Management was an American holding company headquartered in Boston, Massachusetts.

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.

AAMI vs CVLT — Head-to-Head

Bigger by revenue
CVLT
CVLT
1.8× larger
CVLT
$311.7M
$172.2M
AAMI
Growing faster (revenue YoY)
CVLT
CVLT
+10.7% gap
CVLT
13.3%
2.6%
AAMI
Higher net margin
AAMI
AAMI
15.5% more per $
AAMI
20.2%
4.7%
CVLT
Faster 2-yr revenue CAGR
AAMI
AAMI
Annualised
AAMI
27.6%
17.8%
CVLT

Income Statement — Q4 FY2025 vs Q4 FY2026

Metric
AAMI
AAMI
CVLT
CVLT
Revenue
$172.2M
$311.7M
Net Profit
$34.7M
$14.6M
Gross Margin
81.4%
Operating Margin
33.3%
5.3%
Net Margin
20.2%
4.7%
Revenue YoY
2.6%
13.3%
Net Profit YoY
-18.4%
EPS (diluted)
$0.97
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAMI
AAMI
CVLT
CVLT
Q1 26
$311.7M
Q4 25
$172.2M
$313.8M
Q3 25
$144.2M
$276.2M
Q2 25
$127.4M
$282.0M
Q1 25
$119.9M
$275.0M
Q4 24
$167.8M
$262.6M
Q3 24
$123.1M
$233.3M
Q2 24
$109.0M
$224.7M
Net Profit
AAMI
AAMI
CVLT
CVLT
Q1 26
$14.6M
Q4 25
$34.7M
$17.8M
Q3 25
$15.1M
$14.7M
Q2 25
$10.1M
$23.5M
Q1 25
$20.1M
$31.0M
Q4 24
$42.5M
$11.0M
Q3 24
$16.9M
$15.6M
Q2 24
$11.0M
$18.5M
Gross Margin
AAMI
AAMI
CVLT
CVLT
Q1 26
81.4%
Q4 25
81.1%
Q3 25
80.1%
Q2 25
82.0%
Q1 25
82.6%
Q4 24
81.5%
Q3 24
81.6%
Q2 24
82.3%
Operating Margin
AAMI
AAMI
CVLT
CVLT
Q1 26
5.3%
Q4 25
33.3%
6.3%
Q3 25
18.4%
4.5%
Q2 25
12.7%
8.9%
Q1 25
26.6%
9.7%
Q4 24
38.7%
5.2%
Q3 24
21.9%
6.4%
Q2 24
18.9%
8.2%
Net Margin
AAMI
AAMI
CVLT
CVLT
Q1 26
4.7%
Q4 25
20.2%
5.7%
Q3 25
10.5%
5.3%
Q2 25
7.9%
8.3%
Q1 25
16.8%
11.3%
Q4 24
25.3%
4.2%
Q3 24
13.7%
6.7%
Q2 24
10.1%
8.2%
EPS (diluted)
AAMI
AAMI
CVLT
CVLT
Q1 26
$0.34
Q4 25
$0.97
$0.40
Q3 25
$0.42
$0.33
Q2 25
$0.28
$0.52
Q1 25
$0.54
$0.68
Q4 24
$1.11
$0.24
Q3 24
$0.45
$0.35
Q2 24
$0.29
$0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAMI
AAMI
CVLT
CVLT
Cash + ST InvestmentsLiquidity on hand
$900.0M
Total DebtLower is stronger
$200.0M
Stockholders' EquityBook value
$7.5M
Total Assets
$677.0M
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
CVLT
CVLT
Q1 26
$900.0M
Q4 25
$1.0B
Q3 25
$1.1B
Q2 25
$363.2M
Q1 25
$302.1M
Q4 24
$243.6M
Q3 24
$303.1M
Q2 24
$287.9M
Total Debt
AAMI
AAMI
CVLT
CVLT
Q1 26
Q4 25
$200.0M
Q3 25
Q2 25
Q1 25
Q4 24
$275.0M
Q3 24
Q2 24
Stockholders' Equity
AAMI
AAMI
CVLT
CVLT
Q1 26
$7.5M
Q4 25
$216.7M
Q3 25
$210.5M
Q2 25
$364.7M
Q1 25
$325.1M
Q4 24
$287.8M
Q3 24
$277.8M
Q2 24
$281.8M
Total Assets
AAMI
AAMI
CVLT
CVLT
Q1 26
$1.9B
Q4 25
$677.0M
$2.0B
Q3 25
$751.4M
$1.9B
Q2 25
$672.3M
$1.2B
Q1 25
$677.3M
$1.1B
Q4 24
$703.2M
$1.0B
Q3 24
$555.2M
$958.5M
Q2 24
$533.1M
$934.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAMI
AAMI
CVLT
CVLT
Operating Cash FlowLast quarter
$-2.4M
$132.2M
Free Cash FlowOCF − Capex
$131.8M
FCF MarginFCF / Revenue
42.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.07×
9.02×
TTM Free Cash FlowTrailing 4 quarters
$237.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
CVLT
CVLT
Q1 26
$132.2M
Q4 25
$-2.4M
$4.0M
Q3 25
$-23.9M
$76.8M
Q2 25
$61.6M
$31.7M
Q1 25
$-48.8M
$77.0M
Q4 24
$55.8M
$30.1M
Q3 24
$69.6M
$55.6M
Q2 24
$45.7M
$44.7M
Free Cash Flow
AAMI
AAMI
CVLT
CVLT
Q1 26
$131.8M
Q4 25
$1.9M
Q3 25
$73.6M
Q2 25
$29.8M
Q1 25
$76.2M
Q4 24
$29.9M
Q3 24
$53.7M
Q2 24
$43.8M
FCF Margin
AAMI
AAMI
CVLT
CVLT
Q1 26
42.3%
Q4 25
0.6%
Q3 25
26.6%
Q2 25
10.6%
Q1 25
27.7%
Q4 24
11.4%
Q3 24
23.0%
Q2 24
19.5%
Capex Intensity
AAMI
AAMI
CVLT
CVLT
Q1 26
Q4 25
0.7%
Q3 25
1.2%
Q2 25
0.7%
Q1 25
0.3%
Q4 24
0.1%
Q3 24
0.8%
Q2 24
0.4%
Cash Conversion
AAMI
AAMI
CVLT
CVLT
Q1 26
9.02×
Q4 25
-0.07×
0.23×
Q3 25
-1.58×
5.21×
Q2 25
6.10×
1.35×
Q1 25
-2.43×
2.48×
Q4 24
1.31×
2.74×
Q3 24
4.12×
3.57×
Q2 24
4.15×
2.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

CVLT
CVLT

Term-based license$114.4M37%
Software-as-a-service$93.1M30%
Customer support$80.9M26%
Other$13.1M4%
Perpetual license$10.1M3%

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