CVLTNasdaqServices-Prepackaged SoftwareFiscal year ends March 31
COMMVAULT SYSTEMS INC
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$152.79+3.68 (+2.47%)
Close on Oct 19, 2026
- Market cap
- $6.40B
- P/E (TTM)
- 97.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
81.2%−3.7 pts over 5 years
Operating margin
6.3%+9.3 pts over 5 years
Net margin
6.0%+10.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.9% | +14.7% | +10.3% | +7.1% | |
| Gross profit | +17.6% | +14.0% | +9.4% | +6.5% | |
| Operating income | +0.3% | – | – | +33.5% | |
| Net income | -7.2% | – | – | +45.0% | |
| EPS, diluted | -6.0% | – | – | +44.4% | |
| Free cash flow | +16.5% | +12.4% | +15.4% | +11.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -0.1% | -7.7% | 42.5% | |
| Return on assets | -0.1% | -3.5% | 4.7% | |
| Current ratio | 2.10 | 1.63 | 1.95 | |
| Interest coverage | – | – | 19.5× | |
| Capex to revenue | 1.0% | 1.1% | 0.6% | |
| Diluted shares | 45M | 47M | 45M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Commvault Systems generated $1.00B from operations and spent $1.27B on capital expenditure, dividends and share buybacks. 2% of that went back into the business.
Generated
$1.00B
Used
$1.27B
Capital expenditure$22.52M2%Dividends$00%Share buybacks$1.25B98%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.0%
×Asset turnover0.79×
×Equity multiplier9.03×
=Return on equity, FY202642.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 6.0% | 0.79× | 9.03× | 42.5% |
| FY2025 | 7.6% | 0.97× | 3.42× | 25.2% |
| FY2024 | 20.1% | 0.97× | 3.72× | 72.8% |
| FY2023 | -4.6% | 0.98× | 3.62× | -16.2% |
| FY2022 | 4.4% | 0.89× | 2.65× | 10.3% |
| FY2021 | -4.3% | 0.83× | 2.17× | -7.7% |
| FY2020 | -0.8% | 0.80× | 2.08× | -1.4% |
| FY2019 | 0.5% | 0.87× | 2.06× | 0.9% |
| FY2018 | -8.9% | 0.85× | 1.89× | -14.2% |
| FY2017 | -0.1% | 0.84× | 1.74× | -0.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
6of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$70.66M
- Cash generatingOperating cash flow above zero$244.68M
- Return on assets improvedROA up on the prior year8.1% → 6.3%
- Earnings backed by cashOperating cash flow above net income$244.68M vs $70.66M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.14 → 1.95
- No dilutionShare count did not rise45M → 45M
- Gross margin improvedGross margin up on the prior year82.02% → 81.15%
- More efficientAsset turnover rose1.05 → 1.06