vs

Side-by-side financial comparison of Enact Holdings, Inc. (ACT) and COMMVAULT SYSTEMS INC (CVLT). Click either name above to swap in a different company.

Enact Holdings, Inc. is the larger business by last-quarter revenue ($312.7M vs $311.7M, roughly 1.0× COMMVAULT SYSTEMS INC). On growth, COMMVAULT SYSTEMS INC posted the faster year-over-year revenue change (13.3% vs 3.6%). Over the past eight quarters, COMMVAULT SYSTEMS INC's revenue compounded faster (17.8% CAGR vs 3.6%).

Enact Holdings, Inc. is a leading U.S.-based private mortgage insurance provider. It delivers risk mitigation solutions to residential mortgage lenders, banks, and credit unions, enabling borrowers with smaller down payments to access affordable home financing, and supports sustainable homeownership for diverse consumer groups across the United States.

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.

ACT vs CVLT — Head-to-Head

Bigger by revenue
ACT
ACT
1.0× larger
ACT
$312.7M
$311.7M
CVLT
Growing faster (revenue YoY)
CVLT
CVLT
+9.7% gap
CVLT
13.3%
3.6%
ACT
Faster 2-yr revenue CAGR
CVLT
CVLT
Annualised
CVLT
17.8%
3.6%
ACT

Income Statement — Q4 FY2025 vs Q4 FY2026

Metric
ACT
ACT
CVLT
CVLT
Revenue
$312.7M
$311.7M
Net Profit
$14.6M
Gross Margin
81.4%
Operating Margin
71.3%
5.3%
Net Margin
4.7%
Revenue YoY
3.6%
13.3%
Net Profit YoY
EPS (diluted)
$1.23
$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
ACT
ACT
CVLT
CVLT
Q1 26
$311.7M
Q4 25
$312.7M
$313.8M
Q3 25
$311.5M
$276.2M
Q2 25
$304.9M
$282.0M
Q1 25
$306.8M
$275.0M
Q4 24
$301.8M
$262.6M
Q3 24
$309.6M
$233.3M
Q2 24
$298.8M
$224.7M
Net Profit
ACT
ACT
CVLT
CVLT
Q1 26
$14.6M
Q4 25
$17.8M
Q3 25
$14.7M
Q2 25
$23.5M
Q1 25
$31.0M
Q4 24
$11.0M
Q3 24
$15.6M
Q2 24
$18.5M
Gross Margin
ACT
ACT
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
ACT
ACT
CVLT
CVLT
Q1 26
5.3%
Q4 25
71.3%
6.3%
Q3 25
67.4%
4.5%
Q2 25
70.4%
8.9%
Q1 25
68.9%
9.7%
Q4 24
68.9%
5.2%
Q3 24
74.1%
6.4%
Q2 24
78.6%
8.2%
Net Margin
ACT
ACT
CVLT
CVLT
Q1 26
4.7%
Q4 25
5.7%
Q3 25
5.3%
Q2 25
8.3%
Q1 25
11.3%
Q4 24
4.2%
Q3 24
6.7%
Q2 24
8.2%
EPS (diluted)
ACT
ACT
CVLT
CVLT
Q1 26
$0.34
Q4 25
$1.23
$0.40
Q3 25
$1.10
$0.33
Q2 25
$1.11
$0.52
Q1 25
$1.08
$0.68
Q4 24
$1.05
$0.24
Q3 24
$1.15
$0.35
Q2 24
$1.16
$0.41

Balance Sheet & Financial Strength

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

Metric
ACT
ACT
CVLT
CVLT
Cash + ST InvestmentsLiquidity on hand
$582.5M
$900.0M
Total DebtLower is stronger
$744.5M
Stockholders' EquityBook value
$5.4B
$7.5M
Total Assets
$6.9B
$1.9B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACT
ACT
CVLT
CVLT
Q1 26
$900.0M
Q4 25
$582.5M
$1.0B
Q3 25
$545.6M
$1.1B
Q2 25
$616.0M
$363.2M
Q1 25
$639.0M
$302.1M
Q4 24
$602.8M
$243.6M
Q3 24
$674.9M
$303.1M
Q2 24
$711.3M
$287.9M
Total Debt
ACT
ACT
CVLT
CVLT
Q1 26
Q4 25
$744.5M
Q3 25
$744.1M
Q2 25
$743.8M
Q1 25
$743.4M
Q4 24
$743.0M
Q3 24
$742.7M
Q2 24
$742.4M
Stockholders' Equity
ACT
ACT
CVLT
CVLT
Q1 26
$7.5M
Q4 25
$5.4B
$216.7M
Q3 25
$5.3B
$210.5M
Q2 25
$5.2B
$364.7M
Q1 25
$5.1B
$325.1M
Q4 24
$5.0B
$287.8M
Q3 24
$5.0B
$277.8M
Q2 24
$4.8B
$281.8M
Total Assets
ACT
ACT
CVLT
CVLT
Q1 26
$1.9B
Q4 25
$6.9B
$2.0B
Q3 25
$6.9B
$1.9B
Q2 25
$6.8B
$1.2B
Q1 25
$6.7B
$1.1B
Q4 24
$6.5B
$1.0B
Q3 24
$6.6B
$958.5M
Q2 24
$6.3B
$934.9M
Debt / Equity
ACT
ACT
CVLT
CVLT
Q1 26
Q4 25
0.14×
Q3 25
0.14×
Q2 25
0.14×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.15×
Q2 24
0.15×

Cash Flow & Capital Efficiency

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

Metric
ACT
ACT
CVLT
CVLT
Operating Cash FlowLast quarter
$724.5M
$132.2M
Free Cash FlowOCF − Capex
$131.8M
FCF MarginFCF / Revenue
42.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
9.02×
TTM Free Cash FlowTrailing 4 quarters
$237.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACT
ACT
CVLT
CVLT
Q1 26
$132.2M
Q4 25
$724.5M
$4.0M
Q3 25
$192.0M
$76.8M
Q2 25
$119.5M
$31.7M
Q1 25
$226.7M
$77.0M
Q4 24
$686.3M
$30.1M
Q3 24
$188.1M
$55.6M
Q2 24
$144.7M
$44.7M
Free Cash Flow
ACT
ACT
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
ACT
ACT
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
ACT
ACT
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
ACT
ACT
CVLT
CVLT
Q1 26
9.02×
Q4 25
0.23×
Q3 25
5.21×
Q2 25
1.35×
Q1 25
2.48×
Q4 24
2.74×
Q3 24
3.57×
Q2 24
2.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ACT
ACT

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%

Related Comparisons