Core Insights - Commvault reported a record total revenue of $282 million for the fiscal first quarter ended June 30, 2025, representing a 26% year-over-year increase [1][5] - The Annualized Recurring Revenue (ARR) grew to $996 million, up 24% year-over-year [1][5] - Subscription revenue reached $182 million, a 46% increase year-over-year, with SaaS revenue growing by 66% [5][19] Financial Performance - Total revenues for Q1 2026 were $282 million, up 26% from $224.7 million in Q1 2025 [5][20] - Subscription ARR increased to $844 million, reflecting a 33% year-over-year growth [5][16] - Non-GAAP EBIT was $58 million, with an operating margin of 20.7% [5][19] Business Highlights - Commvault has been recognized as a Leader in the Gartner Magic Quadrant for Backup and Data Protection Platforms for the 14th consecutive time [5] - The company announced enhancements to its post-quantum computing capabilities to protect sensitive data from emerging cyber threats [5] - Strategic partnerships with CrowdStrike, Deloitte, HPE, and Kyndryl were strengthened to enhance incident response and cyber resilience [5] Guidance and Outlook - For Q2 FY 2026, total revenues are expected to be between $272 million and $274 million, with subscription revenue projected between $174 million and $176 million [4][5] - For the full fiscal year 2026, total revenues are anticipated to be between $1,161 million and $1,165 million, with total ARR expected to grow 18% year-over-year [4][5] - Non-GAAP gross margin is expected to be between 81% and 82% for both Q2 and the full fiscal year [5][19]

Company Overview - Commvault (NASDAQ: CVLT) is recognized as the gold standard in cyber resilience, serving over 100,000 organizations to ensure data safety and business continuity [3] - The company provides a unique cyber resilience platform that integrates top-tier data security and rapid recovery capabilities at an enterprise scale, applicable across any workload and location, while maintaining the lowest total cost of ownership (TCO) [3] Upcoming Events - Commvault will host a webcast to discuss its first quarter fiscal year 2026 earnings results on July 29, 2025, starting at 8:30 a.m. EST [1] - Investors can access the live webcast through the company's investor relations website or by dialing into a conference call with specific toll-free and international numbers [2]

Company Overview - Commvault (NASDAQ: CVLT) is recognized as the gold standard in cyber resilience, serving over 100,000 organizations to ensure data safety and business continuity [2] - The company provides a unique cyber resilience platform that integrates top-tier data security and rapid recovery capabilities at an enterprise scale, applicable across any workload and location, while maintaining the lowest total cost of ownership (TCO) [2] Upcoming Events - Jen DiRico, Chief Financial Officer of Commvault, is scheduled to present at the William Blair Growth Stock Conference on June 4 at 11:00 a.m. EST, with live webcast access available for investors [1]

Core 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].