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CVLTCommvault Systems, Inc.
$150.05$6.6B
Overview & Verdict
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CVLT logoCommvault Systems, Inc.(CVLT)Earnings, Financials & Key Ratios

CVLT•NASDAQ
$150.05
95.0× P/E·Price updated Jul 6, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryIT operations, security and observability
AboutCommvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; and Commvault Complete Data Protection, a data protection solution. It also provides Commvault HyperScale X, an easy-to-deploy scale-out solution; Commvault Distributed Storage Platform that offers software-defined storage built on a hyperscale architecture; Metallic Cloud Storage service, which is the easy button to adopt secure and scalable cloud storage; and Metallic Software-as-a-Service. In addition, the company provides technology and business consulting, education, and remote managed services. Further, it sells appliances that integrate the software with hardware for use in a range of business needs and use cases; and offers professional and customer support services that include data management-as-a-service under the Metallic brand. The company sells its products and services directly through its sales force, and indirectly through its network of distributors, value-added resellers, systems integrators, corporate resellers, and original equipment manufacturers to large enterprises, small and medium sized businesses, and government agencies. It supports customers in a range of industries, including banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utilities, and energy. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.Show more
  • Revenue$1.18B+18.9%
  • EBITDA$116M+39.8%
  • Net Income$71M-7.2%
  • EPS (Diluted)1.58-6.0%
  • Gross Margin80.28%-2.1%
  • EBITDA Margin9.8%+17.6%
  • Operating Margin8.92%+20.5%
  • Net Margin5.97%-21.9%
  • ROE42.49%+68.4%

CVLT Price & Volume

Commvault Systems, Inc. (CVLT) stock price & volume — 10-year historical chart

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SaaS Transition Volatility Masks Structural Debt Risks

Investment Thesis • Updated 2026Q4

VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:High debt leverage sensitivity

Key Thesis Takeaways

  • Commvault is navigating a complex transition from legacy perpetual licensing to a recurring SaaS model, which has driven revenue growth to 13.3% as of 2026Q4 while simultaneously compressing operating margins to 11.3%.
  • While the company maintains robust gross margins consistently above 78%, the aggressive use of debt to fund $259.3 million in quarterly share repurchases has significantly weakened the balance sheet.
  • Investors should monitor whether the company can achieve sustainable operating leverage before the current debt-to-equity ratio of 122.43% necessitates a shift in capital allocation strategy.

Verdict Logic

while the company demonstrates strong pricing power with gross margins of 78.1%, the high debt-to-equity ratio of 122.43% and inconsistent free cash flow generation warrant a cautious approach.

CVLT Growth Metrics

Commvault Systems, Inc. (CVLT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years7.14%
5 Years10.35%
3 Years14.69%
TTM18.89%

Profit CAGR

10 Years86.88%
5 Years-
3 Years-
TTM-7.16%

EPS CAGR

10 Years87.77%
5 Years-
3 Years-
TTM-5.92%

Return on Capital

10 Years4.18%
5 Years9.75%
3 Years14.71%
Last Year11.79%

CVLT Recent Earnings

Commvault Systems, Inc. (CVLT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
Apr 28, 2026
Metric
Actual
Est
EPS
$1.28+17.4%
$1.09
Rev
$312M+1.6%
$307M
Q1 2026
Jan 27, 2026
Metric
Actual
Est
EPS
$1.17+19.4%
$0.98
Rev
$314M+4.9%
$299M
Q4 2025
Oct 28, 2025
Metric
Actual
Est
EPS
$0.91-3.1%
$0.94
Rev
$276M+1.1%
$273M
Q3 2025
Jul 29, 2025
Metric
Actual
Est
EPS
$1.01+4.1%
$0.97
Rev
$282M+3.2%
$273M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$1.28vs $1.09+17.4%
$312Mvs $307M+1.6%
Q1 2026Jan 27, 2026
$1.17vs $0.98+19.4%
$314Mvs $299M+4.9%
Q4 2025Oct 28, 2025
$0.91vs $0.94-3.1%
$276Mvs $273M+1.1%
Q3 2025Jul 29, 2025
$1.01vs $0.97+4.1%
$282Mvs $273M+3.2%
Based on last 12 quarters of dataView full earnings history →

Latest CVLT News

Recent stock market news and headlines for Commvault Systems, Inc. (CVLT)

PRNewsWire·1 day ago
Commvault Systems, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CVLT

LOS ANGELES, July 6, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Commvault Systems, Inc. ("Commvault" or "the Company") (NASDAQ: CVLT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of CVLT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments.

PRNewsWire·1 day ago
Commvault Ranked #1 in Five of Six Use Cases in the 2026 Gartner® Critical Capabilities for Backup and Data Protection Platforms Report

TINTON FALLS, N.J., July 6, 2026 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, today announced that it was ranked #1 in five of six Use Cases in the 2026 Gartner® Critical Capabilities for Backup and Data Protection Platforms report, including in the Ransomware Protection, Detection and Recovery Use Case.

PRNewsWire·Jun 29, 2026
Commvault Systems, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CVLT

LOS ANGELES, June 29, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Commvault Systems, Inc. ("Commvault" or "the Company") (NASDAQ: CVLT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of CVLT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments.

Peers Comparison

Key metrics vs top competitors for Commvault Systems, Inc. (CVLT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CVLT logoCVLTCommvault Systems, Inc.Current
$150.05$6.6B94.9718.89%5.97%42.49%—
VRNS logoVRNSVaronis Systems, Inc.
$45.67$5.36B-40.4213.17%-20.71%-27.37%—
QLYS logoQLYSQualys, Inc.
$158.26$5.57B29.0910.13%29.41%37.15%—
TENB logoTENBTenable Holdings, Inc.
$37.90$4.34B-126.3311.04%-1.15%-3.71%—
IBM logoIBMInternational Business Machines Corporation
$299.52$280.96B26.817.62%15.61%35.44%—
NTAP logoNTAPNetApp, Inc.
$163.55$32.39B25.725.37%18.43%114.18%—

Compare CVLT vs Peers

Commvault Systems, Inc. (CVLT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VRNS

Most directly comparable listed peer for CVLT.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare CVLT against a more recognizable public peer.

Peer Set

Compare Top 5

vs VRNS, QLYS, TENB, IBM

CVLT SEC Filings & Documents

Commvault Systems, Inc. (CVLT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Apr 13, 2026·SEC

Material company update

Jan 27, 2026·SEC

10-K Annual Reports

3
FY 2025

May 5, 2025·SEC

FY 2024

May 13, 2024·SEC

FY 2023

May 5, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

Jan 28, 2026·SEC

FY 2025

Oct 29, 2025·SEC

FY 2025

Jul 30, 2025·SEC

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CVLT Frequently Asked Questions

Commvault Systems, Inc. (CVLT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Commvault Systems, Inc.'s revenue?

Commvault Systems, Inc. (CVLT) reported $1.18B in revenue for fiscal year 2026. This represents a 1333% increase from $82.6M in 2005.

How fast is Commvault Systems, Inc. growing?

Commvault Systems, Inc. (CVLT) grew revenue by 18.9% over the past year. This is strong growth.

Is CVLT profitable?

Yes, Commvault Systems, Inc. (CVLT) is profitable, generating $70.7M in net income for fiscal year 2026 (6.0% net margin).

Dividend & Returns
What is CVLT's return on equity?

Commvault Systems, Inc. (CVLT) has a return on equity (ROE) of 42.5%. This is excellent, indicating efficient use of shareholder capital.

What is Commvault Systems, Inc.'s free cash flow?

Commvault Systems, Inc. (CVLT) generated $237.2M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in CVLT back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →