Commvault Systems, Inc. Earnings Recaps
Q4 2026
Apr 29, 2026
Commvault surged 14.4% after Q4 results, with the market rewarding clear upside in SaaS and subscription growth, record free cash flow, and momentum in identity resilience solutions—all signaling upside versus expectations.
Key takeaways
- Subscription Annual Recurring Revenue (ARR) rose 27% to $989 million; SaaS ARR up 42% and crossed the $400 million mark.
- Subscription revenue grew 20% to $208 million in Q4.
- Free cash flow hit a record $132 million in Q4, totaling $237 million for the fiscal year.
- Identity resilience and data security offerings represented 33% of net new ARR in Q4; Active Directory ARR more than doubled year-over-year.
- Multi-product adoption among Commvault managed SaaS customers increased to 48%, up 500 basis points versus Q4 last year.
Q3 2026
Jan 27, 2026
Commvault Systems, Inc. delivered strong Q3 Fiscal 2026 results, with subscription revenue rising 30% to $206 million and continued innovation driving customer adoption across its platforms.
Key takeaways
- Subscription ARR surged 28% to $941 million, supported by a record addition of 700 new subscription customers.
- SaaS ARR increased by 40% to $364 million, reflecting strong demand for Commvault's cloud-based solutions.
- The launch of the Commvault Cloud Unity platform enhances data security and resilience operations, reinforcing the company’s leadership in the market.
- Increased recognition in the industry includes achieving the AWS resilience competency and being named the 2025 AWS global storage partner of the year.