Accessibility StatementSkip Navigation Innovations are designed to offer the fastest, most optimal recovery for restoring trusted data NEW YORK, Nov. 12, 2025 /PRNewswire/ -- SHIFT 2025 -- Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, today announced transformative innovations that redefine how organizations recover cleanly, completely, and with fine-tuned automation. These advancements are part of the Commvault Cloud Unity platform release. According to a Sophos report, 94% ...

Financial Data and Key Metrics Changes - Commvault achieved a record $47 million in Net New ARR, with Subscription ARR rising 30% to $894 million and total revenue growing 18% to $276 million [4][14] - Total ARR grew 22%, surpassing $1 billion two quarters earlier than the original target [4][14] - SaaS ARR increased 56% to $336 million, exceeding the original target of $330 million [15] Business Line Data and Key Metrics Changes - Subscription ARR now constitutes 86% of total ARR, up from 81% a year ago [15] - Strong double-digit growth was observed in identity and resilience offerings, which represented nearly 40% of Net New ARR [16] - Active Directory usage tripled year-over-year, indicating strong demand for identity protection services [16] Market Data and Key Metrics Changes - Commvault moved and protects approximately eight exabytes of customer data in the cloud, reflecting a greater than 40% CAGR over the past five years [8] - The number of SaaS customers grew to nearly 9,000, representing a 40% increase year-over-year [9] Company Strategy and Development Direction - The company focuses on three key growth drivers: demand for the Commvault Cloud Cyber Resilience platform, the shift to the cloud, and innovation in product offerings [5][10] - Commvault aims to enhance its partner ecosystem and has announced a partnership with BeyondTrust to strengthen identity security [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued strong market demand and the ability to take market share, driven by innovation and customer support [22][23] - The company anticipates total ARR growth of 18%-19% year-over-year for fiscal 2026, with subscription ARR expected to increase by 24%-25% [21][22] Other Important Information - Commvault closed a private offering of $900 million in convertible senior notes, enhancing its capital flexibility [19] - The company repurchased $131 million of stock during the quarter, indicating a commitment to returning value to shareholders [19] Q&A Session Summary Question: Can you elaborate on the shift in term duration? - Management noted that customers are opting for shorter contract durations to maintain flexibility as they transition to the cloud, which has impacted average deal size [26] Question: How does Commvault view the competitive landscape? - Management believes that while the market is competitive, Commvault is gaining share, particularly in the SaaS segment, which is growing at 55% ARR [31][33] Question: Is the backup modernization cycle winding down? - Management disagreed, stating that the frequency and scale of cyber attacks continue to drive demand for modernization and resilience solutions [36] Question: What are the drivers of the term subscription business? - On-premise data growth remains a significant driver, alongside the increasing importance of identity and data security offerings [50][52] Question: Are you seeing increased cross-sell between term and SaaS customers? - Management confirmed that the percentage of SaaS customers also using term products is increasing, reflecting a growing trend towards hybrid solutions [54] Question: What is the outlook for capital allocation and share buybacks? - The company maintains a consistent capital allocation strategy, with a focus on share buybacks, M&A, and organic investments [83]

Core Insights - Commvault will showcase its cyber resilience and data protection solutions at AWS re:Inforce from June 16-18, 2025, in Philadelphia [1][2] Company Highlights - Commvault is a leading provider of cyber resilience solutions, helping over 100,000 organizations maintain data safety and business continuity [6] - The company offers a comprehensive cyber resilience platform that integrates data security and rapid recovery across various workloads, emphasizing low total cost of ownership (TCO) [6] Event Participation - Commvault will exhibit at booth 631, providing product demonstrations of its Cloud platform and discussing the benefits of its solutions for early threat detection, accelerated response, and fast recovery of clean data [2][3] - A speaking session featuring Commvault CSO Bill O'Connell is scheduled for June 17 at 3:00 pm, focusing on current cybersecurity challenges and best practices for AWS customers [3] - Commvault CTO Brian Brockway will present on June 17 at 12:00 pm at booth 1322, discussing the integration of Commvault Cloud with Wiz and its impact on cyber resiliency and recovery [4] Product Offerings - Commvault's solutions include Cleanroom Recovery for testing cyber recovery plans, Clumio Backtrack for rapid recovery of datasets in Amazon S3, Cloud Rewind for restoring clean data, Air Gap Protect for immutable data storage, and Threat Scan for active threat monitoring [6]