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

COMMVAULT SYSTEMS INC is the larger business by last-quarter revenue ($311.7M vs $295.9M, roughly 1.1× Bio-Techne). Bio-Techne runs the higher net margin — 12.8% vs 4.7%, a 8.1% gap on every dollar of revenue. On growth, COMMVAULT SYSTEMS INC posted the faster year-over-year revenue change (13.3% vs -6.4%). Over the past eight quarters, COMMVAULT SYSTEMS INC's revenue compounded faster (17.8% CAGR vs 4.2%).

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.

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.

CVLT vs TECH — Head-to-Head

Bigger by revenue
CVLT
CVLT
1.1× larger
CVLT
$311.7M
$295.9M
TECH
Growing faster (revenue YoY)
CVLT
CVLT
+19.7% gap
CVLT
13.3%
-6.4%
TECH
Higher net margin
TECH
TECH
8.1% more per $
TECH
12.8%
4.7%
CVLT
Faster 2-yr revenue CAGR
CVLT
CVLT
Annualised
CVLT
17.8%
4.2%
TECH

Income Statement — Q4 FY2026 vs Q2 FY2026

Metric
CVLT
CVLT
TECH
TECH
Revenue
$311.7M
$295.9M
Net Profit
$14.6M
$38.0M
Gross Margin
81.4%
64.6%
Operating Margin
5.3%
18.4%
Net Margin
4.7%
12.8%
Revenue YoY
13.3%
-6.4%
Net Profit YoY
68.3%
EPS (diluted)
$0.34
$0.24

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
TECH
TECH
Q1 26
$311.7M
Q4 25
$313.8M
$295.9M
Q3 25
$276.2M
Q2 25
$282.0M
$317.0M
Q1 25
$275.0M
$316.2M
Q4 24
$262.6M
$297.0M
Q3 24
$233.3M
$289.5M
Q2 24
$224.7M
$306.1M
Net Profit
CVLT
CVLT
TECH
TECH
Q1 26
$14.6M
Q4 25
$17.8M
$38.0M
Q3 25
$14.7M
Q2 25
$23.5M
$-17.7M
Q1 25
$31.0M
$22.6M
Q4 24
$11.0M
$34.9M
Q3 24
$15.6M
$33.6M
Q2 24
$18.5M
$40.6M
Gross Margin
CVLT
CVLT
TECH
TECH
Q1 26
81.4%
Q4 25
81.1%
64.6%
Q3 25
80.1%
Q2 25
82.0%
62.7%
Q1 25
82.6%
67.9%
Q4 24
81.5%
65.3%
Q3 24
81.6%
63.2%
Q2 24
82.3%
66.4%
Operating Margin
CVLT
CVLT
TECH
TECH
Q1 26
5.3%
Q4 25
6.3%
18.4%
Q3 25
4.5%
Q2 25
8.9%
-7.5%
Q1 25
9.7%
12.2%
Q4 24
5.2%
16.0%
Q3 24
6.4%
13.8%
Q2 24
8.2%
15.0%
Net Margin
CVLT
CVLT
TECH
TECH
Q1 26
4.7%
Q4 25
5.7%
12.8%
Q3 25
5.3%
Q2 25
8.3%
-5.6%
Q1 25
11.3%
7.1%
Q4 24
4.2%
11.7%
Q3 24
6.7%
11.6%
Q2 24
8.2%
13.3%
EPS (diluted)
CVLT
CVLT
TECH
TECH
Q1 26
$0.34
Q4 25
$0.40
$0.24
Q3 25
$0.33
Q2 25
$0.52
$-0.11
Q1 25
$0.68
$0.14
Q4 24
$0.24
$0.22
Q3 24
$0.35
$0.21
Q2 24
$0.41
$0.26

Balance Sheet & Financial Strength

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

Metric
CVLT
CVLT
TECH
TECH
Cash + ST InvestmentsLiquidity on hand
$900.0M
$172.9M
Total DebtLower is stronger
$260.0M
Stockholders' EquityBook value
$7.5M
$2.0B
Total Assets
$1.9B
$2.5B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLT
CVLT
TECH
TECH
Q1 26
$900.0M
Q4 25
$1.0B
$172.9M
Q3 25
$1.1B
Q2 25
$363.2M
$162.2M
Q1 25
$302.1M
$140.7M
Q4 24
$243.6M
$177.5M
Q3 24
$303.1M
$187.5M
Q2 24
$287.9M
$152.9M
Total Debt
CVLT
CVLT
TECH
TECH
Q1 26
Q4 25
$260.0M
Q3 25
Q2 25
$346.0M
Q1 25
$330.0M
Q4 24
$300.0M
Q3 24
$300.0M
Q2 24
$319.0M
Stockholders' Equity
CVLT
CVLT
TECH
TECH
Q1 26
$7.5M
Q4 25
$216.7M
$2.0B
Q3 25
$210.5M
Q2 25
$364.7M
$1.9B
Q1 25
$325.1M
$2.0B
Q4 24
$287.8M
$2.1B
Q3 24
$277.8M
$2.1B
Q2 24
$281.8M
$2.1B
Total Assets
CVLT
CVLT
TECH
TECH
Q1 26
$1.9B
Q4 25
$2.0B
$2.5B
Q3 25
$1.9B
Q2 25
$1.2B
$2.6B
Q1 25
$1.1B
$2.6B
Q4 24
$1.0B
$2.7B
Q3 24
$958.5M
$2.7B
Q2 24
$934.9M
$2.7B
Debt / Equity
CVLT
CVLT
TECH
TECH
Q1 26
Q4 25
0.13×
Q3 25
Q2 25
0.18×
Q1 25
0.16×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×

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
TECH
TECH
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
TECH
TECH
Q1 26
$132.2M
Q4 25
$4.0M
Q3 25
$76.8M
Q2 25
$31.7M
$98.2M
Q1 25
$77.0M
$41.1M
Q4 24
$30.1M
$84.3M
Q3 24
$55.6M
$63.9M
Q2 24
$44.7M
$75.5M
Free Cash Flow
CVLT
CVLT
TECH
TECH
Q1 26
$131.8M
Q4 25
$1.9M
Q3 25
$73.6M
Q2 25
$29.8M
$93.3M
Q1 25
$76.2M
$31.0M
Q4 24
$29.9M
$77.5M
Q3 24
$53.7M
$54.7M
Q2 24
$43.8M
$57.5M
FCF Margin
CVLT
CVLT
TECH
TECH
Q1 26
42.3%
Q4 25
0.6%
Q3 25
26.6%
Q2 25
10.6%
29.4%
Q1 25
27.7%
9.8%
Q4 24
11.4%
26.1%
Q3 24
23.0%
18.9%
Q2 24
19.5%
18.8%
Capex Intensity
CVLT
CVLT
TECH
TECH
Q1 26
Q4 25
0.7%
Q3 25
1.2%
Q2 25
0.7%
1.5%
Q1 25
0.3%
3.2%
Q4 24
0.1%
2.3%
Q3 24
0.8%
3.2%
Q2 24
0.4%
5.9%
Cash Conversion
CVLT
CVLT
TECH
TECH
Q1 26
9.02×
Q4 25
0.23×
Q3 25
5.21×
Q2 25
1.35×
Q1 25
2.48×
1.82×
Q4 24
2.74×
2.42×
Q3 24
3.57×
1.90×
Q2 24
2.41×
1.86×

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%

TECH
TECH

Diagnostics And Spatial Biology$81.2M27%
EMEA Excluding UK$75.4M25%
Other$42.4M14%
Instruments$29.6M10%
APAC Excluding Greater China$22.7M8%
Services$22.3M8%
GB$13.7M5%
Royalty$8.5M3%

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