Commvault Announces Fiscal 2025 First Quarter Financial Results

10. The provision for income taxes is adjusted to reflect Commvault's estimated non-GAAP effective tax rate of 24% for fiscal 2025, and 27% for fiscal 2024. Beginning in fiscal 2025, Commvault lowered its estimated non-GAAP effective tax rate from 27% to 24%. Commvault believes that a 24% rate more closely aligns with its effective tax rate expectations over the next few years. SOURCE COMMVAULT Commvault considers non-GAAP net income and non-GAAP diluted EPS useful metrics for Commvault management and its i ...