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Commvault Systems, Inc. reports on cyber resilience software, data protection, identity resilience, and cloud recovery for enterprise environments. Company news centers on Commvault Cloud, Clumio, and Commvault Flex, including support for hyperscale cloud storage, Red Hat OpenShift Virtualization, immutable SaaS backups, air-gapped recovery, and AI-related data governance.
Recurring updates also cover subscription and SaaS revenue trends, annual recurring revenue, cash flow, partner ecosystem expansions, product demonstrations, and leadership appointments. The company sells software licenses and services to large enterprises, small and midsize businesses, and government agencies through direct sales and reseller partners.
Commvault (Nasdaq: CVLT) reported first quarter fiscal 2027 revenue of $314.1 million, up 11% year over year, driven by subscription revenue of $267.0 million (+16%). SaaS revenue surpassed $100 million for the first time, rising 39% year over year.
Subscription ARR reached $1,054 million (+22%), with SaaS ARR at $424.3 million. GAAP income from operations was $25.7 million (8.2% margin), while non-GAAP EBIT was $71.5 million (22.8% margin). Non-GAAP net income was $59.2 million, or $1.42 diluted EPS. Free cash flow rose 71% to $51.1 million, and cash and equivalents totaled $929.8 million.
According to Commvault, guidance for fiscal 2027 includes subscription revenue of $1,119–$1,129 million, subscription ARR of $1,200–$1,210 million, non-GAAP EBIT margin of about 21%, and free cash flow of $250–$260 million. The company also announced a multi-year strategic partnership with Microsoft Azure and expects to return roughly 60% of free cash flow via share repurchases.
Commvault (NASDAQ: CVLT) released findings from an IDC white paper on resilience operations showing a significant gap between rapid AI adoption and identity-management readiness. Among 539 North American IT and C-level resilience leaders surveyed, about 85% had experienced a cyber incident and 90% said they must improve identity-management to handle risks from agentic AI and other non-human identities.
Nearly two-thirds (58.7%) reported needing major upgrades or a complete overhaul of their identity-management approach, while only 26.7% have dynamic role-based access control for AI and analytics, and 24.7% have documented and tested Active Directory and Entra ID capabilities. The study also found that 57.7% have not fully defined their Minimum Viable Business, and 98.4% see the need for better IT–security team collaboration. According to Commvault, IDC’s new Cyber Readiness Assessment tool, based on this maturity framework and sponsored by Commvault, will be available in the coming months to help organizations benchmark and improve cyber resilience.
Commvault (NASDAQ: CVLT) was named to TIME's America's Best Companies 2026 list, placing among the top 1,000 U.S. companies. It ranked in the top 25 in New Jersey and No. 1 among New Jersey Technology & Media companies.
The ranking is based on employee satisfaction surveys, multi-year financial performance requiring at least $100 million 2025 revenue, and sustainability transparency across environmental, social, and governance indicators.
Commvault (NASDAQ: CVLT) launched Minutes to Recovery, a hands-on cyber resilience simulation focused on Frontier AI-driven attacks. Participants rotate through attacker, defender, and recovery roles to stress test detection, response, and clean recovery under pressure.
The two-hour, globally available program produces a Mean Time to Clean Recovery (MTCR) benchmark and is delivered onsite in six languages and via Commvault's partner network.
Commvault (NASDAQ: CVLT) announced details for its first quarter fiscal year 2027 earnings webcast. The live event will take place on Tuesday, July 28, 2026, at 8:30 a.m. EDT and will be accessible via the company’s investor relations website.
Commvault (NASDAQ: CVLT) was ranked #1 in five of six Use Cases in the 2026 Gartner Critical Capabilities for Backup and Data Protection Platforms report, including Ransomware Protection, Detection and Recovery.
Commvault scored 4.1 or higher out of 5 across all Use Cases and is a 2026 Gartner Magic Quadrant Leader for the 15th consecutive time.
Commvault (NASDAQ:CVLT) appointed Brian Lanigan as Chief Partner Officer, reporting to Geoff Haydon, President of Customer and Field Operations.
Lanigan will lead the Global Partner Organization, shaping worldwide partner strategy and expanding relationships with hyperscalers, MSPs, distributors, resellers, systems integrators, and strategic technology partners.
He brings 20+ years of cybersecurity and enterprise software partner leadership experience from roles at SentinelOne, Lacework, Splunk, and HP Software.
Commvault (NASDAQ: CVLT) announced it was named a Leader in the 2026 Gartner Magic Quadrant for Backup and Data Protection Platforms for the 15th consecutive time, based on completeness of vision and ability to execute.
Commvault also expanded its AI-enabled Commvault Cloud Unity platform to strengthen data, identity, and cyber recovery resilience across hybrid environments.
Commvault (NASDAQ: CVLT) announced a multi-year strategic partnership with Microsoft to offer Commvault's AI and cyber resilience platform as a native ISV service on Microsoft Azure.
Azure customers will be able to discover, provision, and manage Commvault resilience capabilities natively, apply purchases toward MACC, and access a unified experience across procurement, onboarding, and operations. Public preview is expected this summer.
Commvault (NASDAQ: CVLT) will showcase its AI-enabled cyber resilience solutions at Pure Accelerate 2026, held June 16-18 at Resorts World Las Vegas.
At Booth #3, Commvault and Everpure will demonstrate unified resilience, AI-driven data security, identity resilience, and cyber recovery for modern AI workloads.