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Side-by-side financial comparison of CMB.TECH NV (CMBT) and COMMVAULT SYSTEMS INC (CVLT). Click either name above to swap in a different company.

CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $311.7M, roughly 1.9× COMMVAULT SYSTEMS INC). CMB.TECH NV runs the higher net margin — 32.3% vs 4.7%, a 27.6% gap on every dollar of revenue. On growth, COMMVAULT SYSTEMS INC posted the faster year-over-year revenue change (13.3% vs -34.6%).

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

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.

CMBT vs CVLT — Head-to-Head

Bigger by revenue
CMBT
CMBT
1.9× larger
CMBT
$592.8M
$311.7M
CVLT
Growing faster (revenue YoY)
CVLT
CVLT
+47.9% gap
CVLT
13.3%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
27.6% more per $
CMBT
32.3%
4.7%
CVLT

Income Statement — Q4 FY2024 vs Q4 FY2026

Metric
CMBT
CMBT
CVLT
CVLT
Revenue
$592.8M
$311.7M
Net Profit
$191.2M
$14.6M
Gross Margin
81.4%
Operating Margin
46.4%
5.3%
Net Margin
32.3%
4.7%
Revenue YoY
-34.6%
13.3%
Net Profit YoY
-63.3%
EPS (diluted)
$1.01
$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
CMBT
CMBT
CVLT
CVLT
Q1 26
$311.7M
Q4 25
$313.8M
Q3 25
$276.2M
Q2 25
$282.0M
Q1 25
$275.0M
Q4 24
$592.8M
$262.6M
Q3 24
$233.3M
Q2 24
$224.7M
Net Profit
CMBT
CMBT
CVLT
CVLT
Q1 26
$14.6M
Q4 25
$17.8M
Q3 25
$14.7M
Q2 25
$23.5M
Q1 25
$31.0M
Q4 24
$191.2M
$11.0M
Q3 24
$15.6M
Q2 24
$18.5M
Gross Margin
CMBT
CMBT
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
CMBT
CMBT
CVLT
CVLT
Q1 26
5.3%
Q4 25
6.3%
Q3 25
4.5%
Q2 25
8.9%
Q1 25
9.7%
Q4 24
46.4%
5.2%
Q3 24
6.4%
Q2 24
8.2%
Net Margin
CMBT
CMBT
CVLT
CVLT
Q1 26
4.7%
Q4 25
5.7%
Q3 25
5.3%
Q2 25
8.3%
Q1 25
11.3%
Q4 24
32.3%
4.2%
Q3 24
6.7%
Q2 24
8.2%
EPS (diluted)
CMBT
CMBT
CVLT
CVLT
Q1 26
$0.34
Q4 25
$0.40
Q3 25
$0.33
Q2 25
$0.52
Q1 25
$0.68
Q4 24
$1.01
$0.24
Q3 24
$0.35
Q2 24
$0.41

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
CVLT
CVLT
Cash + ST InvestmentsLiquidity on hand
$38.9M
$900.0M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$1.2B
$7.5M
Total Assets
$3.9B
$1.9B
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
CVLT
CVLT
Q1 26
$900.0M
Q4 25
$1.0B
Q3 25
$1.1B
Q2 25
$363.2M
Q1 25
$302.1M
Q4 24
$38.9M
$243.6M
Q3 24
$303.1M
Q2 24
$287.9M
Total Debt
CMBT
CMBT
CVLT
CVLT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$2.6B
Q3 24
Q2 24
Stockholders' Equity
CMBT
CMBT
CVLT
CVLT
Q1 26
$7.5M
Q4 25
$216.7M
Q3 25
$210.5M
Q2 25
$364.7M
Q1 25
$325.1M
Q4 24
$1.2B
$287.8M
Q3 24
$277.8M
Q2 24
$281.8M
Total Assets
CMBT
CMBT
CVLT
CVLT
Q1 26
$1.9B
Q4 25
$2.0B
Q3 25
$1.9B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$3.9B
$1.0B
Q3 24
$958.5M
Q2 24
$934.9M
Debt / Equity
CMBT
CMBT
CVLT
CVLT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.20×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
CMBT
CMBT
CVLT
CVLT
Operating Cash FlowLast quarter
$204.4M
$132.2M
Free Cash FlowOCF − Capex
$131.8M
FCF MarginFCF / Revenue
42.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.07×
9.02×
TTM Free Cash FlowTrailing 4 quarters
$237.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
CVLT
CVLT
Q1 26
$132.2M
Q4 25
$4.0M
Q3 25
$76.8M
Q2 25
$31.7M
Q1 25
$77.0M
Q4 24
$204.4M
$30.1M
Q3 24
$55.6M
Q2 24
$44.7M
Free Cash Flow
CMBT
CMBT
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
CMBT
CMBT
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
CMBT
CMBT
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
CMBT
CMBT
CVLT
CVLT
Q1 26
9.02×
Q4 25
0.23×
Q3 25
5.21×
Q2 25
1.35×
Q1 25
2.48×
Q4 24
1.07×
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

CMBT
CMBT

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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