Commvault Systems, Inc. Q4 2026 Earnings Recap

CVLT Q4 2026 April 29, 2026

Get alerts when CVLT reports next quarter

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.

Earnings Per Share Beat

$1.28 vs $1.09 est.

+17.4% surprise

Revenue Beat

311692000 vs 306711100 est.

+1.6% surprise

Market Reaction

1-Day -2.27%

5-Day +0.03%

30-Day +9.44%

See CVLT alongside your other holdings

Add to your portfolio — free

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.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit CVLT on AllInvestView.

Previous Q3 2026