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

Lucid Group, Inc. is the larger business by last-quarter revenue ($522.7M vs $311.7M, roughly 1.7× COMMVAULT SYSTEMS INC). COMMVAULT SYSTEMS INC runs the higher net margin — 4.7% vs -155.7%, a 160.4% gap on every dollar of revenue. On growth, Lucid Group, Inc. posted the faster year-over-year revenue change (122.9% vs 13.3%). COMMVAULT SYSTEMS INC produced more free cash flow last quarter ($131.8M vs $-1.2B). Over the past eight quarters, Lucid Group, Inc.'s revenue compounded faster (74.0% CAGR vs 17.8%).

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.

Lucid Group, Inc., is an American automotive and technology company that manufactures electric vehicles and supplies advanced electric vehicle powertrain systems. The company is headquartered in Newark, California. In September 2021, the company began producing the Lucid Air sedan at its factory in Casa Grande, Arizona. Production of its second model, the Lucid Gravity SUV, started in December 2024. Lucid also supplies and develops powertrain technology to other automakers, including Aston Ma...

CVLT vs LCID — Head-to-Head

Bigger by revenue
LCID
LCID
1.7× larger
LCID
$522.7M
$311.7M
CVLT
Growing faster (revenue YoY)
LCID
LCID
+109.6% gap
LCID
122.9%
13.3%
CVLT
Higher net margin
CVLT
CVLT
160.4% more per $
CVLT
4.7%
-155.7%
LCID
More free cash flow
CVLT
CVLT
$1.4B more FCF
CVLT
$131.8M
$-1.2B
LCID
Faster 2-yr revenue CAGR
LCID
LCID
Annualised
LCID
74.0%
17.8%
CVLT

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
CVLT
CVLT
LCID
LCID
Revenue
$311.7M
$522.7M
Net Profit
$14.6M
$-814.0M
Gross Margin
81.4%
-80.7%
Operating Margin
5.3%
-203.7%
Net Margin
4.7%
-155.7%
Revenue YoY
13.3%
122.9%
Net Profit YoY
-104.9%
EPS (diluted)
$0.34
$-8.26

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
LCID
LCID
Q1 26
$311.7M
Q4 25
$313.8M
$522.7M
Q3 25
$276.2M
$336.6M
Q2 25
$282.0M
$259.4M
Q1 25
$275.0M
$235.0M
Q4 24
$262.6M
$234.5M
Q3 24
$233.3M
$200.0M
Q2 24
$224.7M
$200.6M
Net Profit
CVLT
CVLT
LCID
LCID
Q1 26
$14.6M
Q4 25
$17.8M
$-814.0M
Q3 25
$14.7M
$-978.4M
Q2 25
$23.5M
$-539.4M
Q1 25
$31.0M
$-366.2M
Q4 24
$11.0M
$-397.2M
Q3 24
$15.6M
$-992.5M
Q2 24
$18.5M
$-643.4M
Gross Margin
CVLT
CVLT
LCID
LCID
Q1 26
81.4%
Q4 25
81.1%
-80.7%
Q3 25
80.1%
-99.1%
Q2 25
82.0%
-105.0%
Q1 25
82.6%
-97.2%
Q4 24
81.5%
-89.0%
Q3 24
81.6%
-106.2%
Q2 24
82.3%
-134.5%
Operating Margin
CVLT
CVLT
LCID
LCID
Q1 26
5.3%
Q4 25
6.3%
-203.7%
Q3 25
4.5%
-279.9%
Q2 25
8.9%
-309.5%
Q1 25
9.7%
-294.4%
Q4 24
5.2%
-312.6%
Q3 24
6.4%
-385.2%
Q2 24
8.2%
-392.6%
Net Margin
CVLT
CVLT
LCID
LCID
Q1 26
4.7%
Q4 25
5.7%
-155.7%
Q3 25
5.3%
-290.7%
Q2 25
8.3%
-207.9%
Q1 25
11.3%
-155.8%
Q4 24
4.2%
-169.4%
Q3 24
6.7%
-496.1%
Q2 24
8.2%
-320.8%
EPS (diluted)
CVLT
CVLT
LCID
LCID
Q1 26
$0.34
Q4 25
$0.40
$-8.26
Q3 25
$0.33
$-3.31
Q2 25
$0.52
$-0.28
Q1 25
$0.68
$-0.24
Q4 24
$0.24
$-0.20
Q3 24
$0.35
$-0.41
Q2 24
$0.41
$-0.34

Balance Sheet & Financial Strength

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

Metric
CVLT
CVLT
LCID
LCID
Cash + ST InvestmentsLiquidity on hand
$900.0M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$7.5M
$717.3M
Total Assets
$1.9B
$8.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLT
CVLT
LCID
LCID
Q1 26
$900.0M
Q4 25
$1.0B
$1.6B
Q3 25
$1.1B
$2.3B
Q2 25
$363.2M
$2.8B
Q1 25
$302.1M
$3.6B
Q4 24
$243.6M
$4.0B
Q3 24
$303.1M
$3.5B
Q2 24
$287.9M
$3.2B
Stockholders' Equity
CVLT
CVLT
LCID
LCID
Q1 26
$7.5M
Q4 25
$216.7M
$717.3M
Q3 25
$210.5M
$1.8B
Q2 25
$364.7M
$2.4B
Q1 25
$325.1M
$3.2B
Q4 24
$287.8M
$3.9B
Q3 24
$277.8M
$2.7B
Q2 24
$281.8M
$3.5B
Total Assets
CVLT
CVLT
LCID
LCID
Q1 26
$1.9B
Q4 25
$2.0B
$8.4B
Q3 25
$1.9B
$8.8B
Q2 25
$1.2B
$8.9B
Q1 25
$1.1B
$9.2B
Q4 24
$1.0B
$9.6B
Q3 24
$958.5M
$8.5B
Q2 24
$934.9M
$8.2B

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
LCID
LCID
Operating Cash FlowLast quarter
$132.2M
$-916.4M
Free Cash FlowOCF − Capex
$131.8M
$-1.2B
FCF MarginFCF / Revenue
42.3%
-237.6%
Capex IntensityCapex / Revenue
62.3%
Cash ConversionOCF / Net Profit
9.02×
TTM Free Cash FlowTrailing 4 quarters
$237.2M
$-3.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVLT
CVLT
LCID
LCID
Q1 26
$132.2M
Q4 25
$4.0M
$-916.4M
Q3 25
$76.8M
$-756.6M
Q2 25
$31.7M
$-830.2M
Q1 25
$77.0M
$-428.6M
Q4 24
$30.1M
$-533.1M
Q3 24
$55.6M
$-462.8M
Q2 24
$44.7M
$-507.0M
Free Cash Flow
CVLT
CVLT
LCID
LCID
Q1 26
$131.8M
Q4 25
$1.9M
$-1.2B
Q3 25
$73.6M
$-955.5M
Q2 25
$29.8M
$-1.0B
Q1 25
$76.2M
$-589.9M
Q4 24
$29.9M
$-824.8M
Q3 24
$53.7M
$-622.5M
Q2 24
$43.8M
$-741.3M
FCF Margin
CVLT
CVLT
LCID
LCID
Q1 26
42.3%
Q4 25
0.6%
-237.6%
Q3 25
26.6%
-283.9%
Q2 25
10.6%
-390.4%
Q1 25
27.7%
-251.0%
Q4 24
11.4%
-351.8%
Q3 24
23.0%
-311.2%
Q2 24
19.5%
-369.6%
Capex Intensity
CVLT
CVLT
LCID
LCID
Q1 26
Q4 25
0.7%
62.3%
Q3 25
1.2%
59.1%
Q2 25
0.7%
70.4%
Q1 25
0.3%
68.6%
Q4 24
0.1%
124.4%
Q3 24
0.8%
79.8%
Q2 24
0.4%
116.8%
Cash Conversion
CVLT
CVLT
LCID
LCID
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

CVLT
CVLT

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

LCID
LCID

LCNRV$287.2M55%
Other$80.4M15%
Related Party$74.4M14%
Regulatory Credits$34.2M7%
Warranty Provision$26.2M5%
Sale And Leaseback Transactions$15.2M3%
Other International$5.0M1%

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