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

COMMVAULT SYSTEMS INC is the larger business by last-quarter revenue ($311.7M vs $257.9M, roughly 1.2× VERRA MOBILITY Corp). VERRA MOBILITY Corp runs the higher net margin — 7.3% vs 4.7%, a 2.6% gap on every dollar of revenue. On growth, VERRA MOBILITY Corp posted the faster year-over-year revenue change (16.4% vs 13.3%). COMMVAULT SYSTEMS INC produced more free cash flow last quarter ($131.8M vs $5.7M). Over the past eight quarters, COMMVAULT SYSTEMS INC's revenue compounded faster (17.8% CAGR vs 10.9%).

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.

Verra Mobility Corp is a leading global smart mobility technology solution provider. It delivers toll management, parking and traffic compliance enforcement, connected vehicle services, and fleet management tools, serving government transport agencies, rental car operators, commercial fleet owners, and automotive partners across North America, Europe, and Asia-Pacific.

CVLT vs VRRM — Head-to-Head

Bigger by revenue
CVLT
CVLT
1.2× larger
CVLT
$311.7M
$257.9M
VRRM
Growing faster (revenue YoY)
VRRM
VRRM
+3.1% gap
VRRM
16.4%
13.3%
CVLT
Higher net margin
VRRM
VRRM
2.6% more per $
VRRM
7.3%
4.7%
CVLT
More free cash flow
CVLT
CVLT
$126.1M more FCF
CVLT
$131.8M
$5.7M
VRRM
Faster 2-yr revenue CAGR
CVLT
CVLT
Annualised
CVLT
17.8%
10.9%
VRRM

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
CVLT
CVLT
VRRM
VRRM
Revenue
$311.7M
$257.9M
Net Profit
$14.6M
$18.9M
Gross Margin
81.4%
Operating Margin
5.3%
16.7%
Net Margin
4.7%
7.3%
Revenue YoY
13.3%
16.4%
Net Profit YoY
128.3%
EPS (diluted)
$0.34
$0.12

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
VRRM
VRRM
Q1 26
$311.7M
Q4 25
$313.8M
$257.9M
Q3 25
$276.2M
$261.9M
Q2 25
$282.0M
$236.0M
Q1 25
$275.0M
$223.3M
Q4 24
$262.6M
$221.5M
Q3 24
$233.3M
$225.6M
Q2 24
$224.7M
$222.4M
Net Profit
CVLT
CVLT
VRRM
VRRM
Q1 26
$14.6M
Q4 25
$17.8M
$18.9M
Q3 25
$14.7M
$46.8M
Q2 25
$23.5M
$38.6M
Q1 25
$31.0M
$32.3M
Q4 24
$11.0M
$-66.7M
Q3 24
$15.6M
$34.7M
Q2 24
$18.5M
$34.2M
Gross Margin
CVLT
CVLT
VRRM
VRRM
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
VRRM
VRRM
Q1 26
5.3%
Q4 25
6.3%
16.7%
Q3 25
4.5%
28.6%
Q2 25
8.9%
26.8%
Q1 25
9.7%
25.7%
Q4 24
5.2%
-19.6%
Q3 24
6.4%
28.3%
Q2 24
8.2%
27.5%
Net Margin
CVLT
CVLT
VRRM
VRRM
Q1 26
4.7%
Q4 25
5.7%
7.3%
Q3 25
5.3%
17.9%
Q2 25
8.3%
16.3%
Q1 25
11.3%
14.5%
Q4 24
4.2%
-30.1%
Q3 24
6.7%
15.4%
Q2 24
8.2%
15.4%
EPS (diluted)
CVLT
CVLT
VRRM
VRRM
Q1 26
$0.34
Q4 25
$0.40
$0.12
Q3 25
$0.33
$0.29
Q2 25
$0.52
$0.24
Q1 25
$0.68
$0.20
Q4 24
$0.24
$-0.39
Q3 24
$0.35
$0.21
Q2 24
$0.41
$0.20

Balance Sheet & Financial Strength

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

Metric
CVLT
CVLT
VRRM
VRRM
Cash + ST InvestmentsLiquidity on hand
$900.0M
$65.3M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$7.5M
$293.0M
Total Assets
$1.9B
$1.6B
Debt / EquityLower = less leverage
3.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLT
CVLT
VRRM
VRRM
Q1 26
$900.0M
Q4 25
$1.0B
$65.3M
Q3 25
$1.1B
$196.1M
Q2 25
$363.2M
$147.7M
Q1 25
$302.1M
$108.5M
Q4 24
$243.6M
$77.6M
Q3 24
$303.1M
$206.1M
Q2 24
$287.9M
$122.0M
Total Debt
CVLT
CVLT
VRRM
VRRM
Q1 26
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$1.0B
Stockholders' Equity
CVLT
CVLT
VRRM
VRRM
Q1 26
$7.5M
Q4 25
$216.7M
$293.0M
Q3 25
$210.5M
$403.1M
Q2 25
$364.7M
$352.1M
Q1 25
$325.1M
$299.6M
Q4 24
$287.8M
$265.1M
Q3 24
$277.8M
$486.5M
Q2 24
$281.8M
$438.6M
Total Assets
CVLT
CVLT
VRRM
VRRM
Q1 26
$1.9B
Q4 25
$2.0B
$1.6B
Q3 25
$1.9B
$1.8B
Q2 25
$1.2B
$1.7B
Q1 25
$1.1B
$1.6B
Q4 24
$1.0B
$1.6B
Q3 24
$958.5M
$1.9B
Q2 24
$934.9M
$1.8B
Debt / Equity
CVLT
CVLT
VRRM
VRRM
Q1 26
Q4 25
3.51×
Q3 25
2.55×
Q2 25
2.93×
Q1 25
3.45×
Q4 24
3.90×
Q3 24
2.13×
Q2 24
2.36×

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
VRRM
VRRM
Operating Cash FlowLast quarter
$132.2M
$40.0M
Free Cash FlowOCF − Capex
$131.8M
$5.7M
FCF MarginFCF / Revenue
42.3%
2.2%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
9.02×
2.12×
TTM Free Cash FlowTrailing 4 quarters
$237.2M
$136.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVLT
CVLT
VRRM
VRRM
Q1 26
$132.2M
Q4 25
$4.0M
$40.0M
Q3 25
$76.8M
$77.7M
Q2 25
$31.7M
$75.1M
Q1 25
$77.0M
$63.0M
Q4 24
$30.1M
$40.5M
Q3 24
$55.6M
$108.8M
Q2 24
$44.7M
$40.0M
Free Cash Flow
CVLT
CVLT
VRRM
VRRM
Q1 26
$131.8M
Q4 25
$1.9M
$5.7M
Q3 25
$73.6M
$49.0M
Q2 25
$29.8M
$40.3M
Q1 25
$76.2M
$41.7M
Q4 24
$29.9M
$21.6M
Q3 24
$53.7M
$85.1M
Q2 24
$43.8M
$26.0M
FCF Margin
CVLT
CVLT
VRRM
VRRM
Q1 26
42.3%
Q4 25
0.6%
2.2%
Q3 25
26.6%
18.7%
Q2 25
10.6%
17.1%
Q1 25
27.7%
18.7%
Q4 24
11.4%
9.8%
Q3 24
23.0%
37.7%
Q2 24
19.5%
11.7%
Capex Intensity
CVLT
CVLT
VRRM
VRRM
Q1 26
Q4 25
0.7%
13.3%
Q3 25
1.2%
11.0%
Q2 25
0.7%
14.8%
Q1 25
0.3%
9.5%
Q4 24
0.1%
8.5%
Q3 24
0.8%
10.5%
Q2 24
0.4%
6.3%
Cash Conversion
CVLT
CVLT
VRRM
VRRM
Q1 26
9.02×
Q4 25
0.23×
2.12×
Q3 25
5.21×
1.66×
Q2 25
1.35×
1.95×
Q1 25
2.48×
1.95×
Q4 24
2.74×
Q3 24
3.57×
3.13×
Q2 24
2.41×
1.17×

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%

VRRM
VRRM

Services$239.5M93%
CA$8.4M3%
GB$5.7M2%
Other Customer$1.6M1%
Parking Solutions$1.1M0%

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