CVLTMEDIUM SIGNALFINANCIAL10-K

Commvault delivered strong revenue growth of 18.6% but suffered a dramatic 55% decline in net income, signaling potential margin compression or increased expenses despite business expansion.

The stark contrast between robust top-line growth and collapsing profitability suggests either significant one-time charges, strategic investments that haven't yet yielded returns, or operational challenges in scaling the business efficiently. The company's enhanced focus on cyber resilience and cloud-native capabilities in their messaging indicates they're positioning for growth in high-demand security markets, but investors need clarity on when profitability will recover.

Comparing 2025-05-05 vs 2024-05-13View on EDGAR →
FINANCIAL ANALYSIS

Commvault shows a mixed financial picture with strong revenue growth of 18.6% to $996M and gross profit expanding 18.8%, indicating healthy demand for their cyber resilience platform. However, net income plummeted 55% to $76M despite the revenue gains, suggesting significant expense increases beyond the 10.5% R&D growth or possible one-time charges. The balance sheet remains solid with assets growing 18.5% and stockholders' equity up 17%, while the company continued returning capital through $165M in share buybacks, though at a reduced pace.

FINANCIAL STATEMENT CHANGES
Net Income
P&L
-54.9%
$168.9M→$76.1M

Net income declined 54.9% — review whether driven by operations, interest costs, or non-recurring items.

Gross Profit
P&L
+18.8%
$687.6M→$816.6M

Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.

Revenue
P&L
+18.6%
$839.2M→$995.6M

Revenue growing 18.6% — solid top-line momentum, watch margins for quality of growth.

Total Assets
Balance Sheet
+18.5%
$943.9M→$1.1B

Asset base grew 18.5% — expansion through organic growth, acquisitions, or capital deployment.

Stockholders Equity
Balance Sheet
+16.9%
$278.1M→$325.1M

Equity base grew 16.9% — retained earnings accumulation or equity issuance strengthening the balance sheet.

Current Liabilities
Balance Sheet
+14.5%
$484.9M→$555.0M

Current liabilities rose 14.5% — increased short-term obligations, watch current ratio.

Accounts Receivable
Balance Sheet
+13.2%
$222.7M→$252.0M

Receivables grew 13.2% — monitor days sales outstanding for collection efficiency.

R&D Expense
P&L
+10.5%
$132.3M→$146.3M

R&D investment increased 10.5% — signals commitment to future product development, though near-term margin impact.

Share Buybacks
Cash Flow
-10.3%
$184.0M→$165.0M

Buyback activity reduced 10.3% — capital being redeployed elsewhere or cash conservation underway.

LANGUAGE CHANGES
NEW — 2025-05-05
PRIOR — 2024-05-13
ADDED
As of May 2, 2025, there were 44,125,430 shares of the registrant s common stock ($0.01 par value) outstanding.
aims to provide its customers cyber resiliency by protecting and recovering their data and cloud-native applications in a world of increasing cyber threats and attacks, including ransomware.
We provide products and services across many types of environments, including on-premises, hybrid and multi-cloud.
With Commvault Cloud, customers have access to business-critical capabilities such as layered defenses to detect and minimize the impact of bad actors; automation to verify clean recovery points; and cloud-native capabilities to dedupe, scale, and as necessary, recover data and cloud applications to remain in a state of continuous business.
Products Commvault helps customers protect their data and be cyber resilient in hybrid, multi-cloud, and cloud-native environments.
Commvault delivers a portfolio of products and services to effectively protect, quickly capture intelligence, and rapidly recover from cyber incidents.
It is designed to meet the needs of any size business protecting workloads across all locations, including hybrid and multi-cloud environments; physical servers; virtual machines ( VMs ); applications and databases; endpoint devices; and cloud applications.
Operational Recovery provides backup, verifiable recovery, and cost-optimized cloud workload mobility, helping to ensure data availability and granular recovery, even across multiple clouds.
In addition, Commvault provides customers with a variety of unique offerings, including Cleanroom Recovery, HyperScale X, Air Gap Protect, Compliance, Cloud Rewind, and Clumio Backtrack.
4 Commvault HyperScale X is an intuitive, easy-to-deploy and scale-out, integrated data protection solution to support enterprises' transformations from legacy scale-up infrastructures to the hybrid cloud, container and virtualized environments.
REMOVED
As of May 9, 2024, there were 43,401,217 shares of the registrant s common stock ($0.01 par value) outstanding.
Business Company Overview Incorporated in Delaware in 1996, Commvault Systems, Inc.
provides its customers with a scalable platform that enhances customers' cyber resiliency by protecting their data in a world of increasing threats.
We provide these products and services for their data across many types of environments, including on-premises, hybrid and multi-cloud.
Customers use our Commvault Cloud platform to protect themselves from threats like ransomware and recover their data efficiently.
With Commvault Cloud, customers have access to business-critical capabilities such as layered defenses to detect and minimize the impact of bad actors; automation to verify clean recovery points; and cloud-native capabilities to dedupe, scale, and as necessary, recover business.
We believe in solving hard problems for our customers by enabling them to protect their data in a difficult world.
Products Commvault helps customers protect their data and be cyber resilient in a hybrid multi-cloud environment.
Commvault delivers a portfolio of products and services to effectively secure, quickly capture intelligence, and rapidly recover from ransomware attacks or any other threats.
It includes features like Zero Trust Architecture and immutable storage to ensure critical data is protected and recoverable.
MORE FINANCIAL SIGNALS
CRMHIGHSalesforce significantly increased debt by 71% to $14.4B while simultaneously ac...
2026-03-02
UNHHIGHUNH's operating income plummeted 41% despite 12% revenue growth, indicating seve...
2026-03-02
PFEHIGHPfizer achieved a dramatic 87.3% reduction in total debt from $31.4B to $4.0B, r...
2026-02-26
GILDHIGHGILD dramatically increased R&D spending by 81.5% to $9.1B while introducing new...
2026-02-24
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →