Commvault Systems, Inc.
NASDAQ•CVLT
CEO: Mr. Sanjay Mirchandani
Sector: Technology
Industry: Software - Application
Listing Date: 2006-09-22
Commvault Systems, Inc. provides a platform that enhances cyber resiliency by protecting the data in the United States and internationally. The company offers Operational Recovery that provides backup, verifiable recovery, and cost-optimized cloud workload mobility to ensure data availability and granular recovery; Autonomous Recovery for automated disaster and cyber recovery use cases to deliver backup, replication, and disaster recovery for all workloads, on-premises, in the cloud, across multiple clouds, and in hybrid environments; and Cyber Recovery for threat scanning to hunt for threats within backup data and cyber deception, and threat detection to provide early warning of attacks. It also provides Commvault Cloud's Cleanroom Recovery for organizations to be ready to recover by providing a clean, isolated, and on-demand recovery location in the cloud, as well as the ability to regularly and proactively test their response plans and recover quickly; and Commvault HyperScale X, an intuitive, easy-to-deploy and scale-out, integrated data protection solution to help enterprises transition from legacy scale-up infrastructures to the hybrid cloud, container, and virtualized environments. In addition, the company offers Commvault Cloud Air Gap Protect, an integrated, air-gapped cloud storage target that enables IT organizations to efficiently adopt cloud storage to ease digital transformation, save costs, and reduce risk and scale; and Commvault's Compliance that provides built-in reporting, auditing, and logging to help ensure data is not modified or deleted for legal and compliance purposes. The company serves banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utilities, and energy industries. Commvault Systems, Inc. was incorporated in 1996 and is headquartered in Tinton Falls, New Jersey.
Contact Information
Market Cap
$3.75B
P/E (TTM)
43.1
59.1
Dividend Yield
--
52W High
$200.68
52W Low
$79.51
52W Range
Rank26Top 13.0%
5.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2026 Data
Revenue
$313.83M+19.50%
4-Quarter Trend
EPS
$0.40+60.00%
4-Quarter Trend
FCF
$1.93M-93.55%
4-Quarter Trend
2026 Q3 Earnings Highlights
Key Highlights
Total Revenue Growth Strong Total revenues reached $872.0M for nine months, marking a 21% increase driven by subscription strength and geographic expansion.
SaaS Revenue Skyrockets SaaS revenue grew 56% to $239.8M for nine months, reflecting successful cloud adoption and expansion within the customer base.
Strong Cash Position Maintained Cash and equivalents totaled $1,026.3M at period end, supported by significant financing activities including new convertible notes issuance.
Goodwill Increased Post-Acquisition Goodwill increased by $25.6M to $210.8M following the $28.3M cash acquisition of Satori Cyber in August 2025.
Risk Factors
Convertible Note Liquidity Risk Risk exists regarding cash capacity to meet required payments on $900.0M Notes upon conversion or maturity, potentially requiring refinancing.
SaaS Net Retention Decline SaaS Net Dollar Retention Rate fell to 121% from 127%, indicating slightly lower net expansion within the existing customer base.
Restructuring Charges Incurred Restructuring expenses totaled $13.6M for nine months related to new fiscal 2026 plans, risking operational disruption and cost overruns.
Customer Concentration Exposure Partner A accounted for 32% of nine-month revenues, posing material risk if distribution agreements are terminated or sales are reduced.
Outlook
Continued R&D Investment Priority Investing in R&D remains a priority, anticipating continued responsible spending for software applications and hosted services development.
Restructuring Completion Anticipated New restructuring plans initiated in fiscal 2026 are expected to be completed in fiscal 2027, aiming for optimized cost structure and agility.
Share Repurchase Program Active Board recommitted $250.0M repurchase capacity; $63.2M remained available as of December 31, 2025, with no expiration date.
Evaluating New Tax Legislation Company continues evaluating the impact of the OBBBA enacted July 2025 on future financial statements and disclosures, effective fiscal 2026.
Peer Comparison
Revenue (TTM)
$6.32B
$4.18B
$3.49B
Gross Margin (Latest Quarter)
81.1%
78.0%
77.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| LFUS | $8.78B | -122.4 | -2.8% | 23.9% |
| MTCH | $7.46B | 12.1 | -275.4% | 89.1% |
| NICE | $7.18B | 11.3 | 16.4% | 3.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.5%
Moderate Growth
4Q Net Income CAGR
-16.9%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 27, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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