Financials · CVLT

Commvault Systems Inc. (CVLT) financials

For the twelve months ended Sep 30, 2026, Commvault Systems Inc. reported $1.25B of revenue and $82.68M of net income.

Revenue, TTM
$1.25B
Revenue growth, YoY
+14.3%
Net income, TTM
$82.68M
Net income growth, YoY
+3.0%
Net margin
6.6%
Free cash flow, TTM
$255.73M
EPS, diluted, TTM
$1.92
EPS growth, YoY
+8.5%
Cash
$897.25M
Total debt
$882.99M
P/E
78.36
P/S
5.17
Market cap
$6.48B
Annual revenue$1.18B
FY2017FY2026
Annual net income$70.66M
FY2017FY2026
Annual free cash flow$237.15M
FY2017FY2026

CVLT revenue and earnings growth

CVLT revenueQ2 2027$312.39M

Quarter YoY
+13.1%
QoQ
-0.6%
FY YoY
+18.9%
5Y CAGR
+10.3%
10Y CAGR
+7.1%

CVLT revenue was $312.39M in fiscal Q2 2027 (ended Sep 30, 2026), up 13.1% from a year earlier and down 0.6% from the prior quarter. For the full fiscal 2026 it was $1.18B, up 18.9% from fiscal 2025. Compound annual growth was +10.3% over 5 years and +7.1% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

CVLT net incomeQ2 2027$29.11M

Quarter YoY
+97.6%
QoQ
+37.7%
FY YoY
-7.2%
10Y CAGR
+45.0%

CVLT net income was $29.11M in fiscal Q2 2027 (ended Sep 30, 2026), up 97.6% from a year earlier and up 37.7% from the prior quarter. For the full fiscal 2026 it was $70.66M, down 7.2% from fiscal 2025. Compound annual growth was +45.0% over 10 years.

CVLT EPSQ2 2027$0.69

Quarter YoY
+109.1%
QoQ
+38.0%
FY YoY
-6.0%
10Y CAGR
+44.4%

CVLT diluted EPS was $0.69 in fiscal Q2 2027 (ended Sep 30, 2026), up 109.1% from a year earlier and up 38.0% from the prior quarter. For the full fiscal 2026 it was $1.58, down 6.0% from fiscal 2025. Compound annual growth was +44.4% over 10 years.

CVLT free cash flowQ2 2027$70.87M

Quarter YoY
-3.7%
QoQ
+38.7%
FY YoY
+16.5%
5Y CAGR
+15.4%
10Y CAGR
+11.7%

CVLT free cash flow was $70.87M in fiscal Q2 2027 (ended Sep 30, 2026), down 3.7% from a year earlier and up 38.7% from the prior quarter. For the full fiscal 2026 it was $237.15M, up 16.5% from fiscal 2025. Compound annual growth was +15.4% over 5 years and +11.7% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

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Income statement

Income statement
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue$1.18B$995.62M$839.25M$784.59M$769.59M$723.47M$670.88M$710.96M$699.39M$645.00M
Cost of revenue$223.12M$179.03M$151.61M$135.40M$113.86M$109.37M$117.08M$117.01M$98.15M$85.19M
Gross profit$960.57M$816.58M$687.64M$649.19M$655.73M$614.10M$553.81M$593.95M$601.24M$559.81M
Research and development$162.21M$146.29M$132.33M$141.85M$153.62M$133.40M$110.02M$92.65M$91.03M$79.56M
Selling, general and admin$162.72M$138.38M$114.00M$104.24M$103.05M$92.21M$92.13M$100.95M$90.71M$88.93M
Operating income$73.99M$73.74M$75.36M-$15.88M$41.57M-$22.26M-$17.51M$4.91M-$946.0K-$1.24M
Interest expense$3.79M$416.0K$415.0K$472.0K$109.0K$0$0---
Pre-tax income$92.12M$81.05M$83.61M-$15.36M$43.41M-$21.23M-$12.55M$10.43M-$3.50M-$1.99M
Income tax$21.47M$4.95M-$85.29M$20.41M$9.79M$9.72M-$6.90M$6.87M$58.40M-$1.49M
Net income$70.66M$76.11M$168.91M-$35.77M$33.62M-$30.95M-$5.64M$3.56M-$61.90M-$508.0K
EPS, basic$1.61$1.74$3.85-$0.80$0.74-$0.66-$0.12$0.08-$1.37-$0.01
EPS, diluted$1.58$1.68$3.75-$0.80$0.71-$0.66-$0.12$0.07-$1.37-$0.01
Diluted shares44.7M45.2M45.1M44.7M47.2M46.7M45.8M47.6M45.2M44.7M

Balance sheet

Balance sheet
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Cash and equivalents$899.99M$302.10M$312.75M$287.78M$267.51M$397.24M$296.08M$327.99M$330.78M$329.49M
Short-term investments-----$0$43.65M$130.34M$131.64M$120.69M
Receivables$330.48M$252.00M$222.68M$210.44M$194.24M$188.13M$146.99M$176.84M$162.12M$140.08M
Current assets$1.29B$635.06M$595.13M$550.91M$484.08M$607.60M$513.69M$655.00M$646.79M$606.06M
Goodwill$209.32M$185.25M$127.78M$127.78M$127.78M$112.44M$112.44M$0--
Total assets$1.89B$1.12B$943.91M$782.57M$816.08M$904.17M$845.08M$822.45M$818.64M$829.88M
Current liabilities$658.17M$555.05M$484.93M$410.08M$394.06M$373.20M$328.55M$326.35M$324.17M$287.92M
Long-term debt$880.86M$0--------
Total debt$880.86M$0--------
Shareholders' equity$7.49M$325.12M$278.08M$186.10M$255.83M$394.03M$411.90M$391.30M$404.06M$466.93M

Cash flow

Cash flow
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Operating cash flow$244.68M$207.38M$203.80M$170.29M$177.18M$123.95M$88.46M$110.18M$84.17M$100.04M
Capital expenditures$7.53M$3.76M$4.09M$3.24M$3.91M$8.18M$3.20M$6.56M$7.05M$6.42M
Free cash flow$237.15M$203.63M$199.71M$167.05M$173.27M$115.78M$85.26M$103.62M$77.12M$93.61M
Investing cash flow-$5.45M-$70.40M-$5.52M-$5.29M-$24.44M$35.47M-$74.00M-$5.26M-$17.99M-$28.05M
Financing cash flow$345.30M-$147.82M-$170.58M-$135.58M-$276.09M-$74.74M-$39.40M-$90.71M-$82.10M-$22.43M
Share repurchases$446.11M$165.01M$184.02M$150.92M$305.24M$95.26M$77.20M$132.70M$112.22M$50.00M
Stock-based compensation$123.42M$113.26M$94.55M$105.75M$105.16M$84.83M$65.89M$80.49M$74.13M$73.93M
Depreciation and amortization$10.35M$9.07M$6.42M$10.32M$10.95M$15.88M$17.07M$12.06M$11.79M$10.23M

Key ratios

Key ratios
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue growth, YoY18.9%18.6%7.0%1.9%6.4%7.8%-5.6%1.7%8.4%8.6%
Net income growth, YoY-7.2%-54.9%--------
EPS growth, YoY-6.0%-55.2%--------
Gross margin81.2%82.0%81.9%82.7%85.2%84.9%82.5%83.5%86.0%86.8%
Operating margin6.3%7.4%9.0%-2.0%5.4%-3.1%-2.6%0.7%-0.1%-0.2%
Net margin6.0%7.6%20.1%-4.6%4.4%-4.3%-0.8%0.5%-8.9%-0.1%
Free cash flow margin20.0%20.5%23.8%21.3%22.5%16.0%12.7%14.6%11.0%14.5%
Return on equity942.8%23.4%60.7%-19.2%13.1%-7.9%-1.4%0.9%-15.3%-0.1%
Return on assets3.7%6.8%17.9%-4.6%4.1%-3.4%-0.7%0.4%-7.6%-0.1%
Current ratio1.951.141.231.341.231.631.562.012.002.10
Debt to equity117.540.00--------

Source: XBRL data Commvault Systems Inc. files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CVLT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CVLT$1.25B+14.3%$82.68M6.6%$6.48B
MSFT$346.44B+17.9%$142.63B41.2%$3.94T
PLTR$7.29B+87.1%$3.67B50.3%$386.44B
ORCL$71.78B+21.6%$18.92B26.4%$351.04B
SAP€36.80B+7.7%€7.16B19.5%$286.79B
CRWD$5.40B+24.3%$58.46M1.1%$222.09B
SHOP$14.17B+32.5%$2.13B15.0%$191.58B
CRM$43.94B+11.2%$9.66B22.0%$175.83B
NOW$15.43B+21.8%$1.45B9.4%$105.84B

CVLT FAQ

9 questions
  • What is CVLT revenue?
    Commvault Systems Inc. (CVLT) reported $1.25B of revenue for the twelve months ended Sep 30, 2026. That is up 14.3% from the year before. Revenue for fiscal 2026 was $1.18B.
  • Is CVLT profitable?
    Yes. Commvault Systems Inc. earned $82.68M in net income for the twelve months ended Sep 30, 2026, a net margin of 6.6%.
  • How much cash and debt does CVLT have?
    Commvault Systems Inc. reported $897.25M in cash and cash equivalents and $882.99M of debt on its most recent balance sheet in SEC filings.
  • How fast is CVLT revenue growing?
    Commvault Systems Inc.'s revenue changed +18.9% in fiscal 2026, to $1.18B. Its compound annual growth rate was +10.3% over 5 years and +7.1% over 10 years.
  • What is CVLT gross margin?
    Commvault Systems Inc.'s gross profit was $1.02B on $1.25B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 81.3%.
  • What is CVLT free cash flow?
    Commvault Systems Inc. generated $255.73M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $262.70M less capital expenditures.
  • What is CVLT earnings per share?
    Diluted earnings per share were $1.92 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did CVLT last report financial results?
    The latest statements here come from Commvault Systems Inc.'s 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
  • Where does this CVLT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Commvault Systems Inc. files with the SEC. It is provided for information only and is not investment advice.