Commvault Systems Inc
CVLT
$120.99 -0.29%
Exchange: NASDAQ | Sector: Technology | Industry: Software Application
Q3 2025
Published: Jan 29, 2025

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. Commvaultรขโ‚ฌโ„ขs 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

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

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