NASDAQ$CVLT

Commvault Systems Inc. · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Commvault reported strong Q1 2026 revenue growth driven by subscription momentum.

Total revenue reached $282.0 million, up 26% year over year, with subscription revenue growing 46% to $181.7 million. Net income increased to $23.5 million and diluted EPS rose to $0.52. ARR metrics showed continued expansion, with total ARR at $996.2 million and SaaS ARR at $306.9 million.

  • Total revenue grew 26% year over year to $282.0 million, led by 46% growth in subscription revenue.
  • Subscription ARR increased 33% to $843.9 million while SaaS ARR rose 63% to $306.9 million.
  • Net income rose 27% to $23.5 million with diluted EPS of $0.52.
  • Cash and cash equivalents increased to $363.2 million after completing headquarters sale-leaseback.

Headline financials

Total Revenue

$282M

Previous: $225M+25.5%
EPS (adj)

$0.52

Previous: $0.41+26.8%
Subscription ARR

$844M

Previous: $636M+32.7%
SaaS ARR

$307M

Previous: $188M+63.3%
SaaS NRR

125.0%

No prior period
Total ARR

$996M

Previous: $803M+24.1%
Capital Expenditures

-$1.88M

Previous: -$863K-117.7%
Net Income

$23.5M

Previous: $18.5M+26.8%
Operating Income

$25.1M

Previous: $18.4M+36.2%
Cash & Equivalents

$363M

No prior period
Total Assets

$1.18B

No prior period

Revenue & EPS history

Commvault · Revenue · Quarterly

$282M

Q1 2026+25.5%vs Q1 2025
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Commvault · $282M total across 4 segments · Q1 2026

  • Subscription
    $182M
  • Customer support
    $79M
  • Other services
    $13.9M
  • Perpetual license
    $7.34M

Forward guidance

Company continues focus on subscription arrangements and recurring revenue growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
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 2011+2.0%
Q3 2010+2.0%
Q2 2011+4.4%
Q1 2011-1.4%
Q2 2010-1.4%
Q1 2010-1.4%
Q4 2010-1.4%

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