COMMVAULT SYSTEMS INC (CVLT) Form 8-K — Oct 27, 2026
Commvault reported Q2 FY27 results with subscription revenue of $269 million, up 21% year over year, and subscription ARR of $1,104 million, up 20%. SaaS revenue grew 33% to $106 million, with subscription net dollar retention at 113%. GAAP diluted EPS was $0.69 (net income $29.1 million) and non-GAAP diluted EPS was $1.38 versus $0.91 a year ago, with free cash flow of $71 million. Cash totaled $897 million against $883 million of convertible notes.
Key figures
- Eps
- 0.69
- Revenue
- 312389000
- Guidance
- Q3 FY27 subscription revenue $293-297M, non-GAAP EBIT margin 20.5-21.0%; FY27 subscription revenue $1,127-1,133M, subscription ARR $1,205-1,215M, non-GAAP EBIT margin 21.0-21.5%, free cash flow $255-265M
- Net Income
- 29111000
- Total Debt
- 882989000
- Revenue Yoy
- 13%
- Total Assets
- 1875062000
- Cash Position
- 897250000
- Shares Outstanding
- approximately 42 million diluted
- Saas revenue
- $106 million, up 33% YoY
- Non gaap ebit
- $68 million (21.9% margin)
- Free cash flow
- $71 million
- Subscription arr
- $1,104 million, up 20% YoY
- Subscription nrr
- 113%
- Operating cash flow
- $75 million
- Non gaap diluted eps
- $1.38 vs $0.91 prior year
- Subscription revenue
- $269 million, up 21% YoY
- Gaap operating income
- $30 million (9.7% margin)
- Share repurchases six months
- approximately 906,000 shares for $119 million
- Constant currency net new arr
- $51 million
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