The financials
Commvault Systems, Inc. by the numbers
Commvault Systems, Inc. (CVLT) reported revenue of $314M in Q1 2027 (quarter ended June 30, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 82% and net income of $21M (6.7% of revenue). For the full year FY2026, revenue was $1.18B (+19% year on year) and net income $71M. Its largest product in 2025-Q4 was Term Based Software Licenses at $119M, 38% of the disclosed total, just ahead of Software As A Service at 28%.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $314M | $282M | +11% |
| Gross profit | $257M | $231M | +11% |
| Operating income | $26M | $25M | +2.5% |
| Net income | $21M | $23M | −10% |
| Diluted EPS | $0.50 | $0.52 | −3.8% |
| Product | Revenue | Share |
|---|---|---|
| Term Based Software Licenses | $119M | 38% |
| Software As A Service | $87M | 28% |
| Customer Support Service | $80M | 26% |
| Perpetual License | $14M | 4.4% |
| Service Other | $14M | 4.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q4 2025Total $313.8M (+14%)
Software As A Service grew +44% year on yearPerpetual License -17% year on year
Segment Latestquarter on quarteryear on year
- Term Based Software Licenses$119.0M$119.0MQoQ +28%year on year +22%+28%+22%
- Software As A Service$87.4M$87.4MQoQ +9.2%year on year +44%+9.2%+44%
- Customer Support Service$80.3M$80.3MQoQ +0.05%year on year +4.1%+0.05%+4.1%
- Perpetual License$13.7M$13.7MQoQ +13%year on year -17%+13%-17%
- Service Other$13.6M$13.6MQoQ +21%year on year +25%+21%+25%
Software - Application
Ranks #54 of 90 by Smart Score