vs

Side-by-side financial comparison of COMMVAULT SYSTEMS INC (CVLT) and PERDOCEO EDUCATION Corp (PRDO). Click either name above to swap in a different company.

COMMVAULT SYSTEMS INC is the larger business by last-quarter revenue ($313.8M vs $211.6M, roughly 1.5× PERDOCEO EDUCATION Corp). On growth, PERDOCEO EDUCATION Corp posted the faster year-over-year revenue change (20.0% vs 19.5%). PERDOCEO EDUCATION Corp produced more free cash flow last quarter ($37.9M vs $1.9M). Over the past eight quarters, COMMVAULT SYSTEMS INC's revenue compounded faster (18.6% CAGR vs 12.2%).

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.

Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

CVLT vs PRDO — Head-to-Head

Bigger by revenue
CVLT
CVLT
1.5× larger
CVLT
$313.8M
$211.6M
PRDO
Growing faster (revenue YoY)
PRDO
PRDO
+0.5% gap
PRDO
20.0%
19.5%
CVLT
More free cash flow
PRDO
PRDO
$36.0M more FCF
PRDO
$37.9M
$1.9M
CVLT
Faster 2-yr revenue CAGR
CVLT
CVLT
Annualised
CVLT
18.6%
12.2%
PRDO

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CVLT
CVLT
PRDO
PRDO
Revenue
$313.8M
$211.6M
Net Profit
$17.8M
Gross Margin
81.1%
Operating Margin
6.3%
19.8%
Net Margin
5.7%
Revenue YoY
19.5%
20.0%
Net Profit YoY
61.3%
EPS (diluted)
$0.40
$0.55

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
PRDO
PRDO
Q4 25
$313.8M
$211.6M
Q3 25
$276.2M
$211.9M
Q2 25
$282.0M
$209.6M
Q1 25
$275.0M
$213.0M
Q4 24
$262.6M
$176.4M
Q3 24
$233.3M
$169.8M
Q2 24
$224.7M
$166.7M
Q1 24
$223.3M
$168.3M
Net Profit
CVLT
CVLT
PRDO
PRDO
Q4 25
$17.8M
Q3 25
$14.7M
$39.9M
Q2 25
$23.5M
$41.0M
Q1 25
$31.0M
$43.7M
Q4 24
$11.0M
Q3 24
$15.6M
$38.3M
Q2 24
$18.5M
$38.4M
Q1 24
$126.1M
$39.4M
Gross Margin
CVLT
CVLT
PRDO
PRDO
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%
Q1 24
82.5%
Operating Margin
CVLT
CVLT
PRDO
PRDO
Q4 25
6.3%
19.8%
Q3 25
4.5%
24.1%
Q2 25
8.9%
24.5%
Q1 25
9.7%
24.3%
Q4 24
5.2%
21.1%
Q3 24
6.4%
26.4%
Q2 24
8.2%
27.6%
Q1 24
8.1%
27.5%
Net Margin
CVLT
CVLT
PRDO
PRDO
Q4 25
5.7%
Q3 25
5.3%
18.8%
Q2 25
8.3%
19.6%
Q1 25
11.3%
20.5%
Q4 24
4.2%
Q3 24
6.7%
22.5%
Q2 24
8.2%
23.0%
Q1 24
56.5%
23.4%
EPS (diluted)
CVLT
CVLT
PRDO
PRDO
Q4 25
$0.40
$0.55
Q3 25
$0.33
$0.60
Q2 25
$0.52
$0.62
Q1 25
$0.68
$0.65
Q4 24
$0.24
$0.46
Q3 24
$0.35
$0.57
Q2 24
$0.41
$0.57
Q1 24
$2.80
$0.59

Balance Sheet & Financial Strength

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

Metric
CVLT
CVLT
PRDO
PRDO
Cash + ST InvestmentsLiquidity on hand
$1.0B
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$216.7M
$972.4M
Total Assets
$2.0B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLT
CVLT
PRDO
PRDO
Q4 25
$1.0B
$111.0M
Q3 25
$1.1B
$159.5M
Q2 25
$363.2M
$172.1M
Q1 25
$302.1M
$132.1M
Q4 24
$243.6M
$109.1M
Q3 24
$303.1M
$238.0M
Q2 24
$287.9M
$127.9M
Q1 24
$312.8M
$125.8M
Stockholders' Equity
CVLT
CVLT
PRDO
PRDO
Q4 25
$216.7M
$972.4M
Q3 25
$210.5M
$997.9M
Q2 25
$364.7M
$984.6M
Q1 25
$325.1M
$970.3M
Q4 24
$287.8M
$959.5M
Q3 24
$277.8M
$935.4M
Q2 24
$281.8M
$899.5M
Q1 24
$278.1M
$866.1M
Total Assets
CVLT
CVLT
PRDO
PRDO
Q4 25
$2.0B
$1.2B
Q3 25
$1.9B
$1.3B
Q2 25
$1.2B
$1.3B
Q1 25
$1.1B
$1.3B
Q4 24
$1.0B
$1.2B
Q3 24
$958.5M
$1.1B
Q2 24
$934.9M
$1.1B
Q1 24
$943.9M
$1.1B

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
PRDO
PRDO
Operating Cash FlowLast quarter
$4.0M
$40.1M
Free Cash FlowOCF − Capex
$1.9M
$37.9M
FCF MarginFCF / Revenue
0.6%
17.9%
Capex IntensityCapex / Revenue
0.7%
1.1%
Cash ConversionOCF / Net Profit
0.23×
TTM Free Cash FlowTrailing 4 quarters
$181.5M
$216.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVLT
CVLT
PRDO
PRDO
Q4 25
$4.0M
$40.1M
Q3 25
$76.8M
$41.2M
Q2 25
$31.7M
$78.8M
Q1 25
$77.0M
$65.1M
Q4 24
$30.1M
$17.6M
Q3 24
$55.6M
$51.0M
Q2 24
$44.7M
$38.5M
Q1 24
$80.0M
$54.5M
Free Cash Flow
CVLT
CVLT
PRDO
PRDO
Q4 25
$1.9M
$37.9M
Q3 25
$73.6M
$39.4M
Q2 25
$29.8M
$76.0M
Q1 25
$76.2M
$63.4M
Q4 24
$29.9M
$16.0M
Q3 24
$53.7M
$50.0M
Q2 24
$43.8M
$37.7M
Q1 24
$79.1M
$53.3M
FCF Margin
CVLT
CVLT
PRDO
PRDO
Q4 25
0.6%
17.9%
Q3 25
26.6%
18.6%
Q2 25
10.6%
36.3%
Q1 25
27.7%
29.8%
Q4 24
11.4%
9.1%
Q3 24
23.0%
29.4%
Q2 24
19.5%
22.6%
Q1 24
35.4%
31.7%
Capex Intensity
CVLT
CVLT
PRDO
PRDO
Q4 25
0.7%
1.1%
Q3 25
1.2%
0.9%
Q2 25
0.7%
1.3%
Q1 25
0.3%
0.8%
Q4 24
0.1%
0.9%
Q3 24
0.8%
0.6%
Q2 24
0.4%
0.5%
Q1 24
0.4%
0.7%
Cash Conversion
CVLT
CVLT
PRDO
PRDO
Q4 25
0.23×
Q3 25
5.21×
1.03×
Q2 25
1.35×
1.92×
Q1 25
2.48×
1.49×
Q4 24
2.74×
Q3 24
3.57×
1.33×
Q2 24
2.41×
1.00×
Q1 24
0.63×
1.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVLT
CVLT

Term Based Software Licenses$119.0M38%
Software As A Service$87.4M28%
Customer Support Service$80.3M26%
Perpetual License$13.7M4%
Other$13.6M4%

PRDO
PRDO

CTU$107.0M51%
AIUS$60.8M29%
University Of St Augustine For Health Sciences Llc$43.7M21%
Other$1.1M1%

Related Comparisons