Quick answer: latest quarter results, by ticker or company name

Reported Q: Q3 2025 Rev YoY: +21.1% EPS YoY: -35.9% Move: -6.26%

Commvault Systems Inc

CVLT

$76.08 -6.26%

Exchange NASDAQ Sector Technology Industry Software Application

Q3 2025

Published: Jan 29, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for CVLT

Reported

Report Date

Jan 29, 2025

Quarter Q3 2025

Revenue

262.63M

YoY: +21.1%

EPS

0.24

YoY: -35.9%

Market Move

-6.26%

Previous quarter: Q2 2025

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $262.63M up 21.1% year-over-year
EPS of $0.24 decreased by 35.9% from previous year
Gross margin of 81.5%
Net income of 11.02M
""Customers are thrilled. Commvaultâ€™s innovation with Active Directory will provide us with the confidence and peace of mind that not only can we recover our active directory data but will be able to do so quickly and accurately."" - Sanjay Mirchandani

CVLT

Commvault Systems Inc

Period Q3 2025

Currency USD

Report Type Quarterly Earnings

Generated Mar 28, 2026

Swipe to view all report sections

Executive Summary

Commvault Systems Inc (CVLT) delivered an impressive performance in Q3 2025, reporting a total revenue of $263 million, which represents a 21% year-over-year (YoY) increase. Subscription revenue surged by 39% to $158 million, driven by heightened demand for data protection and cyber resilience solutions amidst rising cybersecurity threats. The company achieved a record non-GAAP EBIT margin of 20.8%, demonstrating efficiency in operations.

CEO Sanjay Mirchandani highlighted three growth drivers: the dynamic cyber resilience market, innovative product offerings, and a strong go-to-market strategy that resonates with customers. Additionally, Commvault's robust annual recurring revenue (ARR) of $890 million, a YoY growth of 18%, positions it favorably for the future, supported by a solid pipeline and expansions across key partnerships, particularly in cloud services.

Key Performance Indicators

Revenue

Increasing

262.63M

QoQ: 12.58% | YoY: 21.13%

Gross Profit

Increasing

214.01M

81.49% margin

QoQ: 12.39% | YoY: 20.40%

Operating Income

Decreasing

13.62M

QoQ: -9.04% | YoY: -35.32%

Net Income

Decreasing

11.02M

QoQ: -29.19% | YoY: -35.70%

EPS

Decreasing

0.25

QoQ: -30.56% | YoY: -35.90%

Revenue Trend

Margin Analysis

Financial Highlights

1. Financial Performance:
- Total Revenue: $263 million (YoY +21%)
- Subscription Revenue: $158 million (YoY +39%)
- ARR: $890 million (YoY +18%, Constant Currency +21%)
- Non-GAAP EBIT Margins: 20.8%
- Net Income: $11.02 million (Net Income Margin: 4.2%)

2. Profitability Metrics:
- Gross Profit Margin: 81.5% (Gross Profit: $214 million)
- Operating Income: $13.6 million (Operating Income Margin: 5.2%)
- EPS: $0.25 (Diluted EPS: $0.24)

3. Cash Flow and Balance Sheet:
- Cash at End of Period: $244 million
- Free Cash Flow: $30 million
- Debt: $11.6 million (No Long-Term Debt)

4. Key Ratios:
- Current Ratio: 1.127
- Quick Ratio: 1.127
- Return on Equity: 3.83%

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	262.63M	21.13%	12.58%
Gross Profit	214.01M	20.40%	12.39%
Operating Income	13.62M	-35.32%	-9.04%
Net Income	11.02M	-35.70%	-29.19%
EPS	0.25	-35.90%	-30.56%

Key Financial Ratios

Gross Profit Margin

Excellent

81.50%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Fair

5.18%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Fair

4.20%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

1.08%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

3.83%

Return on equity suggests inefficient capital allocation

Current Ratio

Adequate

1.13

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Conservative

0.04

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

High Growth

150.24x

Very high P/E indicates aggressive growth expectations, higher risk

Price to Book

High Premium

23.01x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
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

CVLT

Commvault Systems Inc

Q1 2026 Report

Commvault Systems Inc (CVLT) Q1 2026 Financial Results: Strong Start Amid Cyber Resilience Boom...

Read full report

CVLT

Commvault Systems Inc

Q4 2025 Report

Commvault Systems Inc (CVLT) Q4 2025 Financial Results: Strong Growth Driven by Cyber Resilience and Cloud Strategy...

Read full report

CVLT

Commvault Systems Inc

Q2 2025 Report

Commvault Systems Inc (CVLT) Financial Results Report Q2 2025: Strength in Cyber Resilience and Subscription Growth...

Read full report

CVLT

Commvault Systems Inc

Q1 2025 Report

Commvault Systems Inc (CVLT) Q1 2025 Financial Results: Strong Growth in Subscription Services and Cyber Resilience...

Read full report

Commvault Systems Inc (CVLT) Q3 2025 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

More CVLT Quarterly Reports

CVLT

CVLT

CVLT

CVLT

Q3 2025 Reports in Technology Sector

NTCT

Related Financial Data

Sector Analysis: Technology

CVLT Full Profile

CVLT Financial Statements

Earnings Calendar