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Side-by-side financial comparison of COMMVAULT SYSTEMS INC (CVLT) and HANCOCK WHITNEY CORP (HWC). Click either name above to swap in a different company.

COMMVAULT SYSTEMS INC is the larger business by last-quarter revenue ($311.7M vs $295.0M, roughly 1.1× HANCOCK WHITNEY CORP). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs 4.7%, a 11.4% gap on every dollar of revenue. On growth, COMMVAULT SYSTEMS INC posted the faster year-over-year revenue change (13.3% vs -19.7%). Over the past eight quarters, COMMVAULT SYSTEMS INC's revenue compounded faster (17.8% CAGR vs -9.4%).

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.

Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.

CVLT vs HWC — Head-to-Head

Bigger by revenue
CVLT
CVLT
1.1× larger
CVLT
$311.7M
$295.0M
HWC
Growing faster (revenue YoY)
CVLT
CVLT
+33.0% gap
CVLT
13.3%
-19.7%
HWC
Higher net margin
HWC
HWC
11.4% more per $
HWC
16.1%
4.7%
CVLT
Faster 2-yr revenue CAGR
CVLT
CVLT
Annualised
CVLT
17.8%
-9.4%
HWC

Income Statement — Q4 FY2026 vs Q1 FY2026

Metric
CVLT
CVLT
HWC
HWC
Revenue
$311.7M
$295.0M
Net Profit
$14.6M
$47.4M
Gross Margin
81.4%
Operating Margin
5.3%
Net Margin
4.7%
16.1%
Revenue YoY
13.3%
-19.7%
Net Profit YoY
-60.3%
EPS (diluted)
$0.34
$0.57

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
CVLT
CVLT
HWC
HWC
Q1 26
$311.7M
$295.0M
Q4 25
$313.8M
$389.3M
Q3 25
$276.2M
$385.7M
Q2 25
$282.0M
$375.5M
Q1 25
$275.0M
$364.7M
Q4 24
$262.6M
$364.8M
Q3 24
$233.3M
$367.7M
Q2 24
$224.7M
$359.6M
Net Profit
CVLT
CVLT
HWC
HWC
Q1 26
$14.6M
$47.4M
Q4 25
$17.8M
Q3 25
$14.7M
$127.5M
Q2 25
$23.5M
Q1 25
$31.0M
Q4 24
$11.0M
Q3 24
$15.6M
$115.6M
Q2 24
$18.5M
Gross Margin
CVLT
CVLT
HWC
HWC
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
CVLT
CVLT
HWC
HWC
Q1 26
5.3%
Q4 25
6.3%
40.7%
Q3 25
4.5%
41.6%
Q2 25
8.9%
38.5%
Q1 25
9.7%
40.9%
Q4 24
5.2%
41.3%
Q3 24
6.4%
39.5%
Q2 24
8.2%
40.3%
Net Margin
CVLT
CVLT
HWC
HWC
Q1 26
4.7%
16.1%
Q4 25
5.7%
Q3 25
5.3%
33.0%
Q2 25
8.3%
Q1 25
11.3%
Q4 24
4.2%
Q3 24
6.7%
31.4%
Q2 24
8.2%
EPS (diluted)
CVLT
CVLT
HWC
HWC
Q1 26
$0.34
$0.57
Q4 25
$0.40
$1.48
Q3 25
$0.33
$1.49
Q2 25
$0.52
$1.32
Q1 25
$0.68
$1.38
Q4 24
$0.24
$1.40
Q3 24
$0.35
$1.33
Q2 24
$0.41
$1.31

Balance Sheet & Financial Strength

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

Metric
CVLT
CVLT
HWC
HWC
Cash + ST InvestmentsLiquidity on hand
$900.0M
$223.7M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$7.5M
Total Assets
$1.9B
$35.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLT
CVLT
HWC
HWC
Q1 26
$900.0M
$223.7M
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
CVLT
CVLT
HWC
HWC
Q1 26
$1.6B
Q4 25
$199.4M
Q3 25
$210.7M
Q2 25
$210.6M
Q1 25
$210.6M
Q4 24
$210.5M
Q3 24
$236.4M
Q2 24
$236.4M
Stockholders' Equity
CVLT
CVLT
HWC
HWC
Q1 26
$7.5M
Q4 25
$216.7M
$4.5B
Q3 25
$210.5M
$4.5B
Q2 25
$364.7M
$4.4B
Q1 25
$325.1M
$4.3B
Q4 24
$287.8M
$4.1B
Q3 24
$277.8M
$4.2B
Q2 24
$281.8M
$3.9B
Total Assets
CVLT
CVLT
HWC
HWC
Q1 26
$1.9B
$35.5B
Q4 25
$2.0B
$35.5B
Q3 25
$1.9B
$35.8B
Q2 25
$1.2B
$35.2B
Q1 25
$1.1B
$34.8B
Q4 24
$1.0B
$35.1B
Q3 24
$958.5M
$35.2B
Q2 24
$934.9M
$35.4B
Debt / Equity
CVLT
CVLT
HWC
HWC
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
CVLT
CVLT
HWC
HWC
Operating Cash FlowLast quarter
$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
CVLT
CVLT
HWC
HWC
Q1 26
$132.2M
Q4 25
$4.0M
$541.8M
Q3 25
$76.8M
$158.8M
Q2 25
$31.7M
$125.8M
Q1 25
$77.0M
$104.2M
Q4 24
$30.1M
$625.7M
Q3 24
$55.6M
$162.5M
Q2 24
$44.7M
$105.0M
Free Cash Flow
CVLT
CVLT
HWC
HWC
Q1 26
$131.8M
Q4 25
$1.9M
$523.1M
Q3 25
$73.6M
$155.0M
Q2 25
$29.8M
$122.0M
Q1 25
$76.2M
$100.2M
Q4 24
$29.9M
$615.5M
Q3 24
$53.7M
$158.6M
Q2 24
$43.8M
$103.7M
FCF Margin
CVLT
CVLT
HWC
HWC
Q1 26
42.3%
Q4 25
0.6%
134.4%
Q3 25
26.6%
40.2%
Q2 25
10.6%
32.5%
Q1 25
27.7%
27.5%
Q4 24
11.4%
168.7%
Q3 24
23.0%
43.1%
Q2 24
19.5%
28.8%
Capex Intensity
CVLT
CVLT
HWC
HWC
Q1 26
Q4 25
0.7%
4.8%
Q3 25
1.2%
1.0%
Q2 25
0.7%
1.0%
Q1 25
0.3%
1.1%
Q4 24
0.1%
2.8%
Q3 24
0.8%
1.1%
Q2 24
0.4%
0.4%
Cash Conversion
CVLT
CVLT
HWC
HWC
Q1 26
9.02×
Q4 25
0.23×
Q3 25
5.21×
1.25×
Q2 25
1.35×
Q1 25
2.48×
Q4 24
2.74×
Q3 24
3.57×
1.41×
Q2 24
2.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVLT
CVLT

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

HWC
HWC

Segment breakdown not available.

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