Commvault Systems (CVLT) vs Varonis Systems (VRNS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Commvault Systems (CVLT) has outperformed Varonis Systems (VRNS) over the past year, losing 15.0% versus a loss of 18.4%. Over five years, CVLT leads with a +100.1% price change compared with -21.9% for VRNS. Commvault Systems is the larger company by market cap ($6.26 billion vs $5.61 billion), about 1.1 times the size.
On valuation, Commvault Systems trades at a lower forward P/E (24.4x vs 119.7x for Varonis Systems). Commvault Systems converts more of its revenue into profit, with a net margin of 6.0% versus -20.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CVLT | VRNS |
|---|---|---|
| Share price | $151.00 | $48.88 |
| Market cap | $6.26B | $5.61B |
| 1-day change | +0.48% | -0.16% |
| YTD return | +20.45% | +49.27% |
| 1-year return | -15.03% | -18.37% |
| 5-year return | +100.08% | -21.94% |
| P/E ratio (TTM) | 96.18 | — |
| Forward P/E | 24.35 | 119.75 |
| EPS (TTM) | $1.57 | $-1.22 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.18B | $623.53M |
| Revenue growth (YoY) | +18.89% | +13.17% |
| Net income (latest FY) | $70.66M | $-129.32M |
| Gross margin | 81.15% | 78.83% |
| Operating margin | 6.25% | -23.50% |
| Net margin | 5.97% | -20.74% |
| 52-week high | $178.36 | $63.90 |
| 52-week low | $71.75 | $19.70 |
| Distance from 52-week high | -15.34% | -23.51% |
| Analyst consensus | buy | none |
| Avg. price target upside | +7.50% | +4.99% |
| Average volume | 601.73K | 1.76M |
| Shares outstanding | 41.44M | 114.86M |
| Employees | 3,300 | 2,658 |
| Sector | Technology | Technology |
| Industry | Software - Application | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Commvault Systems is more profitable, keeping 6.0 cents of every revenue dollar as net income versus -20.7 cents for Varonis Systems.
- Commvault Systems grew revenue faster in its latest fiscal year (+18.89% vs +13.17%).
About Commvault Systems
CVLT stock →Commvault Systems, Inc. provides cyber resiliency solutions for enterprises to protect, secure, and recover data, applications, and identity system.
Technology · Software - Application · 3,300 employees
About Varonis Systems
VRNS stock →Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds.
Technology · Computer Software: Prepackaged Software · 2,658 employees
CVLT vs VRNS FAQ
Which is bigger, Commvault Systems or Varonis Systems?
Commvault Systems (CVLT) is larger, with a market capitalization of $6.26B compared with $5.61B for Varonis Systems (VRNS).
Which stock has performed better over the past year, CVLT or VRNS?
CVLT returned -15.03% over the past 12 months, compared with -18.37% for VRNS (price return, excluding dividends). Past performance does not predict future results.
Are Commvault Systems and Varonis Systems in the same industry?
Both are in the Technology sector, but in different industries: Software - Application for Commvault Systems and Computer Software: Prepackaged Software for Varonis Systems.