Commvault(US:CVLT) Prnewswireยท2025-04-29 11:45Core Insights - Commvault reported record-breaking financial results for the fourth quarter and fiscal year ended March 31, 2025, with significant growth in subscription revenue and customer base [2][7][18]. Financial Performance Highlights - Total revenues for Q4 2025 were $275 million, representing a 23% increase year over year [7]. - Subscription revenue for Q4 2025 reached $173 million, up 45% year over year [7]. - For the full fiscal year 2025, total revenues were $996 million, a 19% increase from the previous year [7]. - Annualized recurring revenue (ARR) grew to $930 million, up 21% year over year [7]. - Non-GAAP net income for Q4 2025 was $46 million, or $1.03 per diluted share [20][22]. Operational Metrics - Income from operations (EBIT) for Q4 2025 was $27 million, with a 9.7% operating margin [19]. - Non-GAAP EBIT for Q4 2025 was $59 million, reflecting a 21.5% operating margin [19]. - Operating cash flow for Q4 2025 was $77 million, with free cash flow of $76 million [7][22]. Share Repurchase and Cash Management - Commvault repurchased $30 million worth of shares in Q4 2025, totaling approximately 182,000 shares [22]. - For the full fiscal year, share repurchases amounted to $165 million, or about 1,215,000 shares [22]. Guidance for Future Performance - The company expects total revenues for Q1 FY 2026 to be between $266 million and $270 million, with subscription revenue anticipated to be between $166 million and $170 million [5]. - For the full fiscal year 2026, total revenues are projected to be between $1,130 million and $1,140 million, with subscription revenue expected to be between $727 million and $732 million [5].