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Side-by-side financial comparison of BALCHEM CORP (BCPC) 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 $270.7M, roughly 1.2× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs 4.7%, a 10.2% gap on every dollar of revenue. On growth, COMMVAULT SYSTEMS INC posted the faster year-over-year revenue change (13.3% vs 8.1%). COMMVAULT SYSTEMS INC produced more free cash flow last quarter ($131.8M vs $33.8M). Over the past eight quarters, COMMVAULT SYSTEMS INC's revenue compounded faster (17.8% CAGR vs 7.5%).

Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.

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.

BCPC vs CVLT — Head-to-Head

Bigger by revenue
CVLT
CVLT
1.2× larger
CVLT
$311.7M
$270.7M
BCPC
Growing faster (revenue YoY)
CVLT
CVLT
+5.3% gap
CVLT
13.3%
8.1%
BCPC
Higher net margin
BCPC
BCPC
10.2% more per $
BCPC
14.9%
4.7%
CVLT
More free cash flow
CVLT
CVLT
$98.0M more FCF
CVLT
$131.8M
$33.8M
BCPC
Faster 2-yr revenue CAGR
CVLT
CVLT
Annualised
CVLT
17.8%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q4 FY2026

Metric
BCPC
BCPC
CVLT
CVLT
Revenue
$270.7M
$311.7M
Net Profit
$40.3M
$14.6M
Gross Margin
81.4%
Operating Margin
20.5%
5.3%
Net Margin
14.9%
4.7%
Revenue YoY
8.1%
13.3%
Net Profit YoY
8.7%
EPS (diluted)
$1.25
$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
BCPC
BCPC
CVLT
CVLT
Q1 26
$270.7M
$311.7M
Q4 25
$263.6M
$313.8M
Q3 25
$267.6M
$276.2M
Q2 25
$255.5M
$282.0M
Q1 25
$250.5M
$275.0M
Q4 24
$240.0M
$262.6M
Q3 24
$239.9M
$233.3M
Q2 24
$234.1M
$224.7M
Net Profit
BCPC
BCPC
CVLT
CVLT
Q1 26
$40.3M
$14.6M
Q4 25
$39.2M
$17.8M
Q3 25
$40.3M
$14.7M
Q2 25
$38.3M
$23.5M
Q1 25
$37.1M
$31.0M
Q4 24
$33.6M
$11.0M
Q3 24
$33.8M
$15.6M
Q2 24
$32.1M
$18.5M
Gross Margin
BCPC
BCPC
CVLT
CVLT
Q1 26
81.4%
Q4 25
35.6%
81.1%
Q3 25
35.7%
80.1%
Q2 25
36.4%
82.0%
Q1 25
35.2%
82.6%
Q4 24
36.0%
81.5%
Q3 24
35.6%
81.6%
Q2 24
35.5%
82.3%
Operating Margin
BCPC
BCPC
CVLT
CVLT
Q1 26
20.5%
5.3%
Q4 25
19.8%
6.3%
Q3 25
20.4%
4.5%
Q2 25
20.1%
8.9%
Q1 25
20.4%
9.7%
Q4 24
19.8%
5.2%
Q3 24
20.0%
6.4%
Q2 24
19.6%
8.2%
Net Margin
BCPC
BCPC
CVLT
CVLT
Q1 26
14.9%
4.7%
Q4 25
14.9%
5.7%
Q3 25
15.1%
5.3%
Q2 25
15.0%
8.3%
Q1 25
14.8%
11.3%
Q4 24
14.0%
4.2%
Q3 24
14.1%
6.7%
Q2 24
13.7%
8.2%
EPS (diluted)
BCPC
BCPC
CVLT
CVLT
Q1 26
$1.25
$0.34
Q4 25
$1.21
$0.40
Q3 25
$1.24
$0.33
Q2 25
$1.17
$0.52
Q1 25
$1.13
$0.68
Q4 24
$1.03
$0.24
Q3 24
$1.03
$0.35
Q2 24
$0.98
$0.41

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
CVLT
CVLT
Cash + ST InvestmentsLiquidity on hand
$72.9M
$900.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$7.5M
Total Assets
$1.7B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
CVLT
CVLT
Q1 26
$72.9M
$900.0M
Q4 25
$74.6M
$1.0B
Q3 25
$65.1M
$1.1B
Q2 25
$65.4M
$363.2M
Q1 25
$49.9M
$302.1M
Q4 24
$49.5M
$243.6M
Q3 24
$73.7M
$303.1M
Q2 24
$63.7M
$287.9M
Stockholders' Equity
BCPC
BCPC
CVLT
CVLT
Q1 26
$1.3B
$7.5M
Q4 25
$1.3B
$216.7M
Q3 25
$1.3B
$210.5M
Q2 25
$1.3B
$364.7M
Q1 25
$1.2B
$325.1M
Q4 24
$1.1B
$287.8M
Q3 24
$1.2B
$277.8M
Q2 24
$1.1B
$281.8M
Total Assets
BCPC
BCPC
CVLT
CVLT
Q1 26
$1.7B
$1.9B
Q4 25
$1.7B
$2.0B
Q3 25
$1.7B
$1.9B
Q2 25
$1.7B
$1.2B
Q1 25
$1.6B
$1.1B
Q4 24
$1.6B
$1.0B
Q3 24
$1.6B
$958.5M
Q2 24
$1.6B
$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
BCPC
BCPC
CVLT
CVLT
Operating Cash FlowLast quarter
$40.1M
$132.2M
Free Cash FlowOCF − Capex
$33.8M
$131.8M
FCF MarginFCF / Revenue
12.5%
42.3%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
0.99×
9.02×
TTM Free Cash FlowTrailing 4 quarters
$237.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
CVLT
CVLT
Q1 26
$40.1M
$132.2M
Q4 25
$67.3M
$4.0M
Q3 25
$65.6M
$76.8M
Q2 25
$47.3M
$31.7M
Q1 25
$36.5M
$77.0M
Q4 24
$52.3M
$30.1M
Q3 24
$51.3M
$55.6M
Q2 24
$45.0M
$44.7M
Free Cash Flow
BCPC
BCPC
CVLT
CVLT
Q1 26
$33.8M
$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
BCPC
BCPC
CVLT
CVLT
Q1 26
12.5%
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
BCPC
BCPC
CVLT
CVLT
Q1 26
2.3%
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
BCPC
BCPC
CVLT
CVLT
Q1 26
0.99×
9.02×
Q4 25
1.72×
0.23×
Q3 25
1.63×
5.21×
Q2 25
1.23×
1.35×
Q1 25
0.98×
2.48×
Q4 24
1.56×
2.74×
Q3 24
1.52×
3.57×
Q2 24
1.40×
2.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCPC
BCPC

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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