Commvault Systems Inc
CVLT
$121.04 0.05%
Exchange: NASDAQ | Sector: Technology | Industry: Software Application
Q1 2026
Published: Jul 29, 2025

Earnings Highlights

  • Revenue of $281.98M up 25.5% year-over-year
  • EPS of $0.52 increased by 26.2% from previous year
  • Gross margin of 82.0%
  • Net income of 23.50M
  • ""Our execution has never been better across the business. We continue to see hyper growth with our SaaS platform."" - Sanjay Mirchandani
CVLT
Commvault Systems Inc

Executive Summary

Commvault Systems Inc. reported a strong start to fiscal year 2026, with total revenue growing by 26% year-over-year to $282 million and a noteworthy increase in annual recurring revenue (ARR) by 24% to $996 million. The companyÒ€ℒs focus on subscription-based services is evident, with subscription revenue rising by 46% to $182 million, showcasing the successful execution of their 'land and expand' business model. CEO Sanjay Mirchandani emphasized the company's positioning within the booming cyber resilience market, stating, "We had our best land and expand quarter ever, highlighting our strategic partnerships and market adaptability." With a solid foundation established in Q1, Commvault is optimistic about its growth trajectory, particularly in light of expected continued demand for data security and resilience solutions.

Key Performance Indicators

Revenue
Increasing
281.98M
QoQ: 2.52% | YoY: 25.51%
Gross Profit
Increasing
231.20M
81.99% margin
QoQ: 1.73% | YoY: 25.05%
Operating Income
Increasing
25.09M
QoQ: -6.12% | YoY: 36.16%
Net Income
Increasing
23.50M
QoQ: -24.19% | YoY: 26.82%
EPS
Increasing
0.53
QoQ: -24.29% | YoY: 26.19%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 281.98 0.52 +25.5% View
Q4 2025 275.04 0.69 +23.2% View
Q3 2025 262.63 0.24 +21.1% View
Q2 2025 233.28 0.35 +16.1% View
Q1 2025 224.67 0.41 +13.4% View