Commvault Systems Inc
CVLT
$121.58 0.49%
Exchange: NASDAQ | Sector: Technology | Industry: Software Application
Q1 2025
Published: Jul 31, 2024

Earnings Highlights

  • Revenue of $224.67M up 13.4% year-over-year
  • EPS of $0.41 increased by 44.8% from previous year
  • Gross margin of 82.3%
  • Net income of 18.53M
  • ""In Q1, we had more conversations with CISOs and CIOs than ever before... contributing to our rapid results and setting the stage for continued momentum through the fiscal year."" - Sanjay Mirchandani
CVLT
Commvault Systems Inc

Executive Summary

Commvault Systems Inc (CVLT) had a compelling start to fiscal year 2025, recording total revenue of $225 million, which represents a 13% year-over-year increase from Q1 2024. The increase was largely fueled by a robust performance in subscription services, particularly within its Software-as-a-Service (SaaS) segment, which surged 66% to reach $188 million. The momentum is reinforced by the companyÒ€ℒs strategic initiatives in cyber resilience, positioning Commvault as a key player in the growing demand for data protection solutions amid increasing cybersecurity threats. Management highlighted a strong outlook for Q2 and the full fiscal year, projecting continued revenue growth with an emphasis on sustaining its leadership in the cloud services sector.

Key Performance Indicators

Revenue
Increasing
224.67M
QoQ: 0.62% | YoY: 13.38%
Gross Profit
Increasing
184.88M
82.29% margin
QoQ: 0.40% | YoY: 13.70%
Operating Income
Decreasing
18.43M
QoQ: -18.96% | YoY: -0.28%
Net Income
Increasing
18.53M
QoQ: -85.31% | YoY: 46.70%
EPS
Increasing
0.42
QoQ: -85.47% | YoY: 44.83%

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