Commvault Systems Financial Statements
NASDAQ: CVLTTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Commvault Systems revenue and earnings
In fiscal 2026, Commvault Systems generated $1.18 billion in revenue, up 18.9% from fiscal 2025, its 6th consecutive year of revenue growth. Net income was $70.7 million (-7.2% year over year), for a net margin of 6.0% versus a median of 4.4% in the prior 5 years. Gross margin was 81.2% (down from 82.0%) and operating margin 6.3%.
Diluted earnings per share came in at $1.58, down from $1.68. Over the last 5 fiscal years, CVLT's revenue has grown at a 10.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Commvault Systems income statement (annual)
| Fiscal year (USD) | FY 20262026-03-31 | FY 20252025-03-31 | FY 20242024-03-31 | FY 20232023-03-31 | FY 20222022-03-31 | FY 20212021-03-31 | FY 20202020-03-31 | FY 20192019-03-31 | FY 20182018-03-31 | FY 20172017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.18B | 995.62M | 839.25M | 784.59M | 769.59M | 723.47M | 670.88M | 710.96M | 699.39M | 645.00M |
| Revenue growth (YoY) | +18.89% | +18.63% | +6.97% | +1.95% | +6.37% | +7.84% | -5.64% | +1.65% | +8.43% | +8.63% |
| Cost of Revenue | 223.12M | 179.03M | 151.61M | 135.40M | 113.86M | 109.37M | 117.08M | 117.01M | 98.15M | 85.19M |
| Gross Profit | 960.57M | 816.58M | 687.64M | 649.19M | 655.73M | 614.10M | 553.81M | 593.95M | 601.24M | 559.81M |
| Operating Expenses | 886.58M | 742.85M | 612.28M | 665.07M | 614.17M | 636.36M | 571.32M | 589.04M | 602.19M | 561.05M |
| Research & Development | 162.21M | 146.29M | 132.33M | 141.85M | 153.62M | 133.40M | 110.02M | 92.65M | 91.03M | 79.56M |
| Selling, General & Admin | 682.41M | 572.49M | 468.99M | 445.02M | 444.69M | 424.16M | 427.92M | 471.03M | 501.44M | 472.86M |
| Operating Income | 73.99M | 73.74M | 75.36M | -15.88M | 41.57M | -22.26M | -17.51M | 4.91M | -946.00K | -1.24M |
| Interest Expense | 3.79M | 416.00K | 415.00K | 472.00K | 109.00K | 0 | 0 | 0 | 1.16M | 957.00K |
| Other Income (Expense) | 119.00K | 1.08M | 3.25M | -305.00K | 1.30M | 0 | 0 | — | — | — |
| Pretax Income | 92.12M | 81.05M | 83.61M | -15.36M | 43.41M | -21.23M | -12.55M | 10.43M | -3.50M | -1.99M |
| Income Tax | 21.47M | 4.95M | -85.29M | 20.41M | 9.79M | 9.72M | -6.90M | 6.87M | 58.40M | -1.49M |
| Net Income | 70.66M | 76.11M | 168.91M | -35.77M | 33.62M | -30.95M | -5.64M | 3.56M | -61.90M | -508.00K |
| Net Income growth (YoY) | -7.16% | -54.94% | — | -206.39% | — | — | -258.52% | — | — | -129.53% |
| EPS (Basic) | 1.61 | 1.74 | 3.85 | -0.80 | 0.74 | -0.66 | -0.12 | 0.08 | -1.37 | -0.01 |
| EPS (Diluted) | 1.58 | 1.68 | 3.75 | -0.80 | 0.71 | -0.66 | -0.12 | 0.07 | -1.37 | -0.01 |
| Shares Outstanding (Basic) | 43.98M | 43.85M | 43.88M | 44.66M | 45.44M | 46.65M | 45.79M | 45.83M | 45.24M | 44.70M |
| Shares Outstanding (Diluted) | 44.65M | 45.19M | 45.10M | 44.66M | 47.22M | 46.65M | 45.79M | 47.60M | 45.24M | 44.70M |
| EBITDA | 84.34M | 82.81M | 81.77M | -5.56M | 52.52M | -6.38M | -443.00K | 16.97M | 10.84M | 8.99M |
| Gross Margin | 81.15% | 82.02% | 81.93% | 82.74% | 85.21% | 84.88% | 82.55% | 83.54% | 85.97% | 86.79% |
| Operating Margin | 6.25% | 7.41% | 8.98% | -2.02% | 5.40% | -3.08% | -2.61% | 69.00% | -14.00% | -19.00% |
| Net Margin | 5.97% | 7.64% | 20.13% | -4.56% | 4.37% | -4.28% | -84.00% | 50.00% | -8.85% | -8.00% |
This table shows 10 annual periods of Commvault Systems's income statement, from FY 2026 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CVLT's reporting calendar. What is a income statement?