NASDAQ$CVLT
Commvault Systems Inc. · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Commvault's Q1 2021 financial results were announced, marked by record software and products revenue and recurring revenue growth.
Commvault reported a 7% increase in total revenue year-over-year, reaching $173.0 million. Software and products revenue increased by 20%, driven by larger deals. The company's annualized recurring revenue (ARR) reached $471.6 million, a 9% increase year-over-year. GAAP net income was $2.3 million, or $0.05 per diluted share, while non-GAAP net income was $23.9 million, or $0.51 per diluted share.
- Total revenues for the first quarter of fiscal 2021 were $173.0 million, an increase of 7% year over year.
- Software and products revenue was $76.6 million, an increase of 20% year over year.
- Annualized recurring revenue (ARR) was $471.6 million as of June 30, 2020, up 9% from June 30, 2019.
- GAAP net income of $2.3 million, or $0.05 per diluted share; Non-GAAP net income of $23.9 million, or $0.51 per diluted share.
Headline financials
Revenue & EPS history
Commvault · Revenue · Quarterly
$173M
Revenue by segment
Commvault · $185M total across 4 segments · Q1 2021
- Customer Support$88.6M—47.8%
- Subscription$63.6M+97.0%34.3%
- Perpetual License$25.4M-36.8%13.7%
- Other Services$7.8M-13.8%4.2%
Forward guidance
The earnings report does not include any forward guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.6%
Avg return
Earnings day
-0.4%
Avg return
5 days after
+2.0%
Avg return
30 days after
53%
36 / 68 earnings
Positive
+24.1%
Q1 2025
Best reaction
-32.8%
Q4 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +10.8% | +12.6% | +25.2% | |
| Q3 2026 | -31.3% | -2.0% | -4.5% | |
| Q2 2026 | -16.3% | -20.1% | -29.2% | |
| Q4 2025 | +1.7% | +4.0% | +6.9% | |
| Q3 2025 | +1.1% | +0.6% | +6.5% | |
| Q2 2025 | +18.5% | +13.7% | +25.3% | |
| Q1 2025 | +24.1% | +10.9% | +23.9% | |
| Q4 2024 | +3.3% | +8.0% | +9.4% | |
| Q3 2024 | +12.5% | +16.9% | +17.4% | |
| Q2 2024 | +0.3% | +3.3% | +12.7% | |
| Q1 2024 | -9.6% | -9.0% | -12.3% | |
| Q4 2023 | +5.0% | +4.8% | +19.4% | |
| Q3 2023 | +1.2% | +3.1% | -6.0% | |
| Q2 2023 | +4.5% | +4.3% | +10.6% | |
| Q1 2023 | -9.9% | -8.5% | -6.0% | |
| Q4 2022 | +3.2% | -3.9% | +7.4% | |
| Q3 2022 | -0.6% | -0.1% | -7.3% | |
| Q2 2022 | -19.4% | -18.7% | -13.4% | |
| Q1 2022 | -8.3% | -8.6% | -4.4% | |
| Q4 2021 | -0.0% | -0.6% | +10.9% | |
| Q3 2021 | +4.1% | +6.3% | +5.1% | |
| Q2 2021 | -2.8% | -3.8% | +16.4% | |
| Q1 2021 | +11.2% | +12.4% | +11.0% | |
| Q4 2020 | -21.9% | -21.5% | -18.6% | |
| Q3 2020 | +0.2% | +6.2% | -6.4% | |
| Q2 2020 | +6.8% | +5.7% | +7.8% | |
| Q1 2020 | -9.9% | -13.8% | -14.4% | |
| Q4 2019 | -14.5% | -14.1% | -24.0% | |
| Q3 2019 | +6.7% | +7.3% | +9.5% | |
| Q2 2019 | +5.6% | +5.9% | +6.0% | |
| Q1 2019 | -4.6% | -6.5% | -0.8% | |
| Q4 2018 | -3.4% | -3.3% | -2.3% | |
| Q3 2018 | +2.6% | +2.3% | +0.2% | |
| Q2 2018 | -11.2% | -11.3% | -6.0% | |
| Q1 2018 | +1.1% | -1.6% | -2.3% | |
| Q4 2017 | +6.5% | +10.6% | +7.4% | |
| Q3 2017 | -12.1% | -12.2% | -11.2% | |
| Q2 2017 | +2.4% | -0.6% | +3.4% | |
| Q1 2017 | +5.6% | +5.4% | +5.8% | |
| Q4 2016 | -4.6% | — | — | |
| Q3 2016 | +14.5% | — | — | |
| Q2 2016 | +7.6% | — | — | |
| Q1 2016 | -8.8% | — | — | |
| Q4 2015 | -2.9% | — | — | |
| Q3 2015 | -6.4% | — | — | |
| Q2 2015 | -1.9% | — | — | |
| Q1 2015 | +1.1% | — | — | |
| Q4 2014 | -32.8% | — | — | |
| Q3 2014 | -6.4% | — | — | |
| Q2 2014 | -5.3% | — | — | |
| Q1 2014 | +8.8% | — | — | |
| Q4 2013 | -0.4% | — | — | |
| Q3 2013 | +8.8% | — | — | |
| Q2 2013 | +16.6% | — | — | |
| Q1 2013 | +7.1% | — | — | |
| Q4 2012 | -0.9% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | +3.3% | — | — | |
| Q1 2012 | -6.6% | — | — | |
| Q4 2009 | +2.5% | — | — | |
| Q4 2011 | +2.5% | — | — | |
| Q3 2010 | +2.0% | — | — | |
| Q3 2011 | +2.0% | — | — | |
| Q2 2011 | +4.4% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q1 2010 | -1.4% | — | — | |
| Q1 2011 | -1.4% | — | — | |
| Q4 2010 | -1.4% | — | — |
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