Company Overview

Commvault Systems Inc. is a global leader providing a comprehensive cyber resilience platform designed for protecting and recovering data and cloud-native applications across the Americas and internationally. Commvault has established itself as the gold standard in cyber resilience, empowering over 100,000 organizations worldwide to safeguard their data, ensure business continuity, and drive forward with confidence. The company offers a unique cyber resilience platform that integrates best-in-class data security with rapid, enterprise-scale recovery for any workload, anywhere, all while delivering the lowest total cost of ownership (TCO).

Founded in 1996 and headquartered in Tinton Falls, NJ, Commvault Systems Inc. specializes in data and information management software applications and services. The company serves a diverse clientele, including large global enterprises, small- and midsize businesses, and government agencies. Its go-to-market strategy involves direct sales through its dedicated salesforce and an extensive network of reseller partners. Commvault operates primarily across the United States and other international geographical segments.

Product Portfolio

Commvault's robust software solutions are designed to address critical data protection and recovery needs across various environments. These solutions are categorized into three primary areas:

Operational Recovery

This category focuses on ensuring data availability and granular recovery capabilities.

- Backup and Verifiable Recovery: Provides reliable backup and cost-optimized cloud workload mobility.

- Autonomous Recovery: Enables automated disaster and cyber recovery use cases, offering comprehensive backup, replication, and disaster recovery for all workloads across on-premises, cloud, multi-cloud, and hybrid environments.

- Cyber Recovery: Features threat scanning to detect threats within backup data, along with cyber deception and advanced threat detection for early warning of potential attacks.

Cloud Solutions

Commvault offers specialized cloud-native solutions to enhance data protection and resilience in cloud environments.

- Commvault Cloud's Cleanroom Recovery: Provides a secure, isolated, and on-demand recovery location in the cloud, enabling organizations to test incident response plans and execute recovery operations effectively.

- Commvault HyperScale X: An intuitive, easy-to-deploy, scale-out solution that integrates data protection for enterprises undergoing digital transformation.

- Commvault Cloud Air Gap Protect: An integrated cloud storage target offering air-gapping capabilities, allowing IT organizations to leverage cloud storage, ease digital transformation, reduce risks, and scale operations.

- Commvault's Compliance: Includes built-in reporting, auditing, and logging features to ensure data integrity, preventing unauthorized modification or deletion for legal and compliance requirements.

Additional Services

Beyond core software, Commvault provides supporting services and specialized recovery tools.

- Commvault Cloud Rewind: Facilitates the restoration of an organization's entire cloud application and data environment.

- Commvault's Clumio Backtrack: Enables reverting objects and datasets stored in Amazon Simple Storage Service (Amazon S3) to previous states.

- Professional and Customer Support Services: Comprehensive support to ensure optimal performance and rapid issue resolution.

Financial Performance and Market Position

Commvault Systems Inc. has demonstrated strong financial performance, particularly in its cloud and subscription-based offerings, positioning it as a key player in the cyber resilience market.

Q1 FY2026 Results (Ended June 30, 2025)

The company reported robust financial results for the fiscal first quarter of 2026:

- Total Revenue: $282 million, representing a significant year-on-year increase of 26% and surpassing consensus estimates by 5.3%.

- Subscription Revenue: Surged by 46% year-on-year to $181.7 million. This growth was driven by a 36% YoY increase in term-based license revenue and a substantial 66% YoY growth in SaaS revenue.

- Total Annual Recurring Revenue (ARR): Grew 24% YoY to $996 million.

- Subscription ARR: Increased 33% YoY to $844 million, now constituting 85% of total ARR.

- SaaS ARR: Achieved impressive growth of 63% YoY, reaching $307 million.

- Non-GAAP Earnings Per Share (EPS): Reported at $1.01, exceeding street estimates by 4.3%.

- Cash Flow: Generated $32 million in operating cash flow and $30 million in free cash flow.

- Liquidity: Held $363 million in cash and cash equivalents as of June 30, 2025.

Market Capitalization and Stock Performance

- Market Capitalization: As of September 2025, Commvault Systems Inc. holds a market capitalization of $8.42 billion. This valuation places CVLT within the mid-capitalization category.

- Stock Movement: The stock has shown positive momentum, increasing by 4.70% over the last week (as of September 2025). Month-to-date, it has risen by 5.80%. Over the past year, CVLT has delivered a strong return of 31.44%.

- All-Time High/Low: The stock reached its all-time high price of $200.68 USD on July 30, 2025. Its all-time low was $7.35 USD, recorded on October 10, 2008.

Industry Recognition and Partnerships

Commvault's leadership in the data protection and cyber resilience space is consistently recognized by industry analysts and reinforced through strategic partnerships.

- Gartner Magic Quadrant: For the 14th consecutive time, Commvault has been named a Leader in the Gartner® Magic Quadrant™ for Backup and Data Protection Platforms, underscoring its sustained innovation and market impact.

- Strategic Partnerships: Commvault actively collaborates with leading technology and service providers to enhance its offerings and deliver greater value to customers. In Q1 FY2026, significant partnership enhancements were announced with industry leaders including CrowdStrike, Deloitte, HPE, and Kyndryl, aimed at improving incident response capabilities and bolstering cyber resilience.

Future Outlook and Investment Considerations

Commvault Systems Inc. is strategically positioned to capitalize on the growing demand for cyber resilience solutions, driven by increasing global cybersecurity threats.

Guidance for FY2026

The company has provided the following financial guidance for fiscal year 2026:

- Total Revenues: Expected to range between $1,130 million and $1,140 million.

- Total ARR Growth: Projected to grow between 16% and 17% year-over-year.

- Subscription Revenue: Forecasted to be between $727 million and $732 million.

- Subscription ARR Growth: Expected to grow between 22% and 23% year-over-year.

- Non-GAAP Operating Margin: Anticipated to be approximately 21%.

- Free Cash Flow: Projected to be between $210 million and $215 million.

Next Earnings Date

Commvault Systems, Inc. is scheduled to release its next earnings report on November 4, 2025.

Investment Considerations

- Dividend Policy: CVLT does not currently pay dividends to its shareholders.

- Volatility: The stock exhibits 4.53% volatility with a beta coefficient of 1.25, indicating a moderate level of price fluctuation relative to the broader market.

- Market Position: Commvault's comprehensive cyber resilience platform, combined with its strong partner ecosystem and consistent industry recognition, positions it favorably to capture ongoing growth opportunities in the dynamic data protection and cyber resilience market. The increasing frequency and sophistication of cyber threats worldwide continue to fuel demand for its solutions.