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Nasdaq · Technology

COMMVAULT SYSTEMS INC (CVLT)

As-reported financials and SEC filings for COMMVAULT SYSTEMS INC. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About COMMVAULT SYSTEMS INC

Commvault Systems Inc provides cyber resiliency solutions to help enterprises protect, secure, and recover their data, applications, and identity systems. Its main product, Commvault Cloud, is a cloud-native platform that supports data protection, cyber recovery, and identity resilience across on-premises, hybrid, multi-cloud, and SaaS environments. The company serves a global customer base including large enterprises, small and mid-sized businesses, and government agencies.

Snapshot

Revenue
$1.18B
Revenue growth (YoY)
18.9%
Net income
$70.7M
Diluted EPS
$1.58
Gross margin
81.2%
Operating margin
6.3%
Net margin
6.0%
FCF margin
20.0%
ROE
942.8%
net income / fiscal-year-end equity
P/E
90.0×
trailing when available, otherwise FY EPS
Market cap
$5.82B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Commvault Systems

  • Revenue grew 18.9% to $1.2B in FY2026, in line with the 18.6% the year before.
  • Operating margin is 6.3% in FY2026, +0.8 pp against 5.4% in FY2022.
  • Most recent quarter Q1 FY2027: revenue $314M, up 11.4% from Q1 FY2026.
  • Free cash flow was $237M in FY2026, 20.0% of revenue.
  • Net income fell 7.2% to $71M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Commvault Systems’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin81.2%
87th percentile of 264
Operating margin6.3%
61st percentile of 303
Net margin6.0%
60th percentile of 307
FCF margin20.0%
63rd percentile of 285
Revenue growth (YoY)+18.9%
72nd percentile of 325
ROE942.8%
Highest of 285
P/E90.0×
90th percentile of 169
Short interest5.59d
77th percentile of 330

Commvault Systems’s return on equity of 942.8% is the highest of the 285 software companies reporting it. Commvault Systems’s P/E of 90.0 ranks in the 90th percentile of the 169 peers with a meaningful P/E. Commvault Systems’s gross margin of 81.2% ranks in the 87th percentile of the 264 software companies reporting it.

No reported insider purchases (code P) in the last 90 days; 12 insider sales totaling $4.3M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
3
2 new, 1 added
Reduced / exited
7
5 trimmed, 2 exited
Combined position
$455.2M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$260.4M1.8MAdded
Renaissance TechnologiesquantQ2 2026$120.3M848.9KReduced
D. E. ShawquantQ2 2026$46.6M328.5KReduced
Two Sigma InvestmentsquantQ2 2026$24.4M172.1KReduced
Millennium ManagementquantQ2 2026$1.8M13.0KReduced
Bridgewater AssociatesQ2 2026$797,6565.6KNew
Maverick CapitalQ2 2026$473,9453.3KNew
Gotham Asset ManagementQ2 2026$471,6773.3KReduced

No longer held by: Citadel Advisors (as of Q2 2026), Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
12
$4.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-19
Mirchandani SanjayPresident & CEOSell6.9K$142.80$979K
2026-08-19
Merrill GaryChief Financial OfficerSell1.3K$142.80$185K
2026-08-19
Abrahamsen Danielle NicoleChief Accounting OfficerSell486$142.80$69K
2026-08-18
filed 2026-08-19
Mirchandani SanjayPresident & CEOSell4.8K$143.64$695K
2026-08-18
filed 2026-08-19
Merrill GaryChief Financial OfficerSell1.9K$143.64$266K
2026-08-18
filed 2026-08-19
Abrahamsen Danielle NicoleChief Accounting OfficerSell391$143.64$56K
2026-08-17
filed 2026-08-19
Mirchandani SanjayPresident & CEOSell12.4K$143.98$1.8M
2026-08-17
filed 2026-08-19
Abrahamsen Danielle NicoleChief Accounting OfficerSell119$143.98$17K
2026-08-10
Lee VivieDirectorSell595$134.19$80K
2026-08-10
Sanders A ShaneDirectorSell476$134.19$64K
2026-08-10
filed 2026-08-12
Haydon William GeoffreyPresident of Cust & Field OpsSell316$134.78$43K
2026-07-02
filed 2026-07-07
Abrahamsen Danielle NicoleChief Accounting OfficerSell254$150.00$38K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.2M
settled 2026-08-14
Change vs prior
+0.0%
vs previous settlement
Days to cover
5.59
at avg daily volume
Avg daily volume
573.4K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.2M+0.0%5.59
2026-07-313.2M-8.9%4.27
2026-07-153.5M-3.7%5.22
2026-06-303.7M+16.7%3.37
2026-06-153.1M+17.1%4.12
2026-05-292.7M+9.9%4.03
2026-05-152.4M+11.5%3.49
2026-04-302.2M-6.3%2.34

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$1.18B$995.6M$839.2M$784.6M$769.6M
Gross profit$960.6M$816.6M$687.6M$649.2M$655.7M
Operating income$74.0M$73.7M$75.4M$-15.9M$41.6M
Net income$70.7M$76.1M$168.9M$-35.8M$33.6M
Diluted EPS$1.58$1.68$3.75$-0.80$0.71

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$900.0M$302.1M$312.8M$287.8M$267.5M
Current assets$1.29B$635.1M$595.1M$550.9M$484.1M
Total assets$1.89B$1.12B$943.9M$782.6M$816.1M
Current liabilities$658.2M$555.0M$484.9M$410.1M$394.1M
Long-term debt
Total liabilities$1.88B$793.1M$665.8M$596.5M$560.3M
Total equity$7.5M$325.1M$278.1M$186.1M$255.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$244.7M$207.4M$203.8M$170.3M$177.2M
Capital expenditure$7.5M$3.8M$4.1M$3.2M$3.9M
Free cash flow$237.2M$203.6M$199.7M$167.0M$173.3M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$314.1M11.4%$21.1M$0.50
Q4 FY2026$311.7M13.3%$14.6M$0.34
Q3 FY2026$313.8M19.5%$17.8M$0.40
Q2 FY2026$276.2M18.4%$14.7M$0.33
Q1 FY2026$282.0M25.5%$23.5M$0.52
Q4 FY2025$275.0M23.2%$31.0M$0.69
Q3 FY2025$262.6M21.1%$11.0M$0.24
Q2 FY2025$233.3M16.1%$15.6M$0.35

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2026 (ended March 31, 2026)
Latest reported quarterQ1 FY2027 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK1169561

Selected SEC filings

10-K2026-05-11
View on EDGAR →
10-Q2026-07-29
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-28
View on EDGAR →
8-K2026-04-28
View on EDGAR →
8-K2026-04-13
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.