CommVault Systems (NASDAQ:CVLT) Posts Earnings Results, Beats Expectations By $0.26 EPS

Posted by Brenda Bartman on Jul 30th, 2026

CommVault Systems (NASDAQ:CVLT – Get Free Report) issued its quarterly earnings results on Tuesday. The software maker reported $1.42 EPS for the quarter, beating the consensus estimate of $1.16 by $0.26, FiscalAI reports. CommVault Systems had a net margin of 5.62% and a return on equity of 88.75%. The business had revenue of $314.13 million during the quarter, compared to the consensus estimate of $310.43 million. During the same quarter in the prior year, the firm earned $1.01 EPS. The firm’s quarterly revenue was up 11.4% on a year-over-year basis.

Here are the key takeaways from CommVault Systems’ conference call:

Positive Sentiment: Commvault exceeded first-quarter expectations, with subscription ARR up 22% to $1.05 billion, SaaS ARR up 38% to $424 million, and free cash flow up 71% year over year to $51 million.
Positive Sentiment: SaaS momentum continued, surpassing $100 million in quarterly revenue and 10,000 active customers; 49% of managed SaaS customers now use at least two products, supporting cross-sell potential.
Positive Sentiment: The company raised full-year subscription revenue guidance and non-GAAP EBIT margin guidance to approximately 21%, while maintaining its ARR and free cash flow outlook and planning to increase share repurchases.
Neutral Sentiment: Management said AI-driven data growth, identity resilience, and cyber-recovery needs are expanding Commvault’s long-term opportunity, although AI workloads are still largely experimental and incremental AI-related ARR is not included in current-year guidance.
Negative Sentiment: Hardware availability created timing pressure for on-premises deals and contributed to a mid-single-digit sequential decline in term length; foreign exchange and below-average conversion from perpetual contracts also reduced quarterly subscription ARR.

CommVault Systems Stock Down 3.1%

Shares of NASDAQ CVLT traded down $3.71 during mid-day trading on Thursday, reaching $116.61. The company had a trading volume of 200,817 shares, compared to its average volume of 967,818. CommVault Systems has a twelve month low of $71.75 and a twelve month high of $198.18. The company has a debt-to-equity ratio of 16.94, a quick ratio of 1.95 and a current ratio of 2.04. The stock has a market capitalization of $4.83 billion, a PE ratio of 74.25 and a beta of 0.79. The stock’s 50 day moving average is $132.47 and its 200-day moving average is $106.98.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Robert W. Baird reduced their target price on CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, April 13th. DA Davidson set a $175.00 price target on CommVault Systems in a report on Wednesday. Wolfe Research started coverage on CommVault Systems in a research report on Friday, May 1st. They set a “peer perform” rating on the stock. Stephens increased their price objective on CommVault Systems from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 16th. Finally, Piper Sandler lowered CommVault Systems from an “overweight” rating to a “neutral” rating and set a $133.00 price objective for the company. in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $152.47.

Check Out Our Latest Report on CVLT

Insider Buying and Selling

In related news, CFO Gary Merrill sold 4,554 shares of CommVault Systems stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $106.70, for a total transaction of $485,911.80. Following the completion of the sale, the chief financial officer owned 72,775 shares of the company’s stock, valued at approximately $7,765,092.50. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Danielle Nicole Abrahamsen sold 254 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $150.00, for a total value of $38,100.00. Following the completion of the transaction, the chief accounting officer owned 13,156 shares in the company, valued at $1,973,400. This trade represents a 1.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 55,279 shares of company stock worth $5,786,557. Corporate insiders own 0.86% of the company’s stock.

Hedge Funds Weigh In On CommVault Systems

A number of hedge funds have recently added to or reduced their stakes in the company. State of Wyoming acquired a new stake in CommVault Systems in the second quarter valued at approximately $35,000. Banque Cantonale Vaudoise bought a new position in shares of CommVault Systems during the 3rd quarter valued at $39,000. Advisory Services Network LLC acquired a new stake in shares of CommVault Systems in the 3rd quarter valued at $47,000. EverSource Wealth Advisors LLC boosted its holdings in CommVault Systems by 188.3% in the second quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock worth $47,000 after purchasing an additional 177 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in CommVault Systems during the third quarter worth $58,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

CommVault Systems Company Profile

(Get Free Report)

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.