Core Insights - Commvault has been recognized for its strong commitment to its partner ecosystem, with Michelle Graff and Chad Blackwell being named to the 2026 CRN Channel Chiefs list, highlighting their influence in shaping channel strategy and driving innovation [1][5] Group 1: Leadership and Strategy - Michelle Graff has advanced Commvault's "Connected Partner Strategy," focusing on unifying diverse market routes into a cohesive ecosystem aimed at enhancing customer success and adoption [2] - Chad Blackwell launched a new partner engagement framework that integrates co-sell planning, enablement, and communications, leading to improved partner alignment and increased satisfaction scores across the Americas [3] Group 2: Recognition and Impact - The recognition of Graff and Blackwell as CRN Channel Chiefs underscores their exceptional work in empowering partners and achieving unified resilience for joint customers [4] - The annual CRN Channel Chiefs list celebrates influential leaders in the IT channel who drive collaboration and innovation, positively impacting the industry [5] Group 3: Company Overview - Commvault is a leader in unified resilience at enterprise scale, providing a cloud-native, AI-enabled platform for data security, identity resilience, and cyber recovery [6] - The company is focused on enabling organizations to embrace AI while safeguarding against AI-driven threats, ensuring comprehensive recovery solutions for businesses [6]

Core Insights - Commvault reported an annualized recurring revenue (ARR) of $1,085 million, reflecting a year-over-year increase of 22% [1][5] - The company achieved record customer engagement and adoption, driven by its AI-enabled platform that addresses evolving identity and emerging threats [2][5] - Commvault's total revenues for the fiscal third quarter reached $314 million, up 19% year over year [5][23] Financial Performance - Subscription revenue was $206 million, marking a 30% increase year over year, with term-based license revenue at $119 million (up 22%) and SaaS revenue at $87 million (up 44%) [5][23] - Non-GAAP EBIT was reported at $61 million, with an operating margin of 19.6% [5][23] - GAAP net income for the quarter was $18 million, or $0.40 per diluted share [23] Business Developments - Commvault launched the Commvault Cloud Unity Platform, enhancing data security and cyber recovery across various environments [5][8] - A new partnership with Delinea was announced to expand Commvault's offerings in unified data security and identity resilience [5][8] - Commvault received the 2025 Geography and Global AWS Partner Award, being named the Global Storage Partner of the Year [5][8] Guidance and Outlook - For the fourth quarter of fiscal year 2026, total revenues are expected to be between $305 million and $308 million, with subscription revenue projected between $203 million and $207 million [5][11] - The full fiscal year 2026 guidance anticipates total revenues between $1,177 million and $1,180 million, with subscription revenue expected to be between $764 million and $768 million [11][6] - Non-GAAP gross margin is expected to be approximately 81%, with non-GAAP EBIT margin projected at around 19% to 20% [11][6]

Core Viewpoint - Commvault will host a webcast to discuss its third quarter fiscal year 2026 earnings results on January 27, 2026, at 8:30 a.m. EST [1] Company Overview - Commvault (NASDAQ: CVLT) is recognized as a leader in unified resilience at enterprise scale, focusing on data security, identity resilience, and cyber recovery through a cloud-native, AI-enabled platform [3] - The company emphasizes its capability to conduct rapid and comprehensive recoveries, ensuring not only data recovery but also the recovery of entire business operations [3] - Commvault is designed for the agentic enterprise, allowing organizations to adopt AI technologies while safeguarding against AI-driven threats [3]

Core Insights - Commvault has announced a new partnership and technology integration with Delinea to enhance credential security, auditability, and compliance for joint customers [1][4] Company Overview - Commvault is a leader in unified resilience at enterprise scale, focusing on data security, identity resilience, and cyber recovery on a cloud-native, AI-enabled platform [5] - Delinea specializes in securing human and machine identities through intelligent, centralized authorization, leveraging AI-powered intelligence for identity security [6][7] Integration Benefits - The integration connects Commvault Cloud with Delinea's Secret Server, providing significant benefits such as reduced risk of downtime, stronger compliance support, increased IT efficiency, and faster threat response [3][4] - Key features of the integration include centralized credential management, Just-in-Time (JIT) access, and enhanced audit and compliance capabilities [6][7] Market Context - In 2024, nearly one-third (33%) of security incidents are expected to stem from compromised privileged identities, highlighting the importance of robust credential security [2] - The partnership aims to protect against evolving identity-driven attacks and ensure the security of recovery processes [4]