Every 10-Q that Commault Systems, Inc. (CVLT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CVLT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CVLT filings page.
Commvault Systems reported solid growth for the quarter ended December 31, 2025. Total revenue reached $313.8 million, up 19% from a year earlier, driven by 22% growth in term-based licenses and 44% growth in SaaS revenue to $87.4 million.
Net income rose to $17.8 million from $11.0 million, with diluted EPS of $0.40. Recurring strength continued as total ARR grew 22% to $1,084.9 million, subscription ARR grew 28% to $940.9 million, and SaaS ARR rose 40% to $363.7 million, with SaaS NRR at 121%.
During the nine months, Commvault issued $900 million of 0% convertible senior notes due 2030, boosting cash and cash equivalents to $1,026.3 million. The company repurchased $186.8 million of stock, completed the Satori Cyber acquisition for $28.3 million, and recorded $11.9 million of restructuring charges in the quarter.
Commvault Systems (CVLT) reported fiscal Q2 results with total revenues of $276.2 million, up from $233.3 million a year ago, driven by strong subscription growth. SaaS revenue rose to $80.0 million from $49.6 million, while term-based license revenue reached $92.6 million. Gross margin was $221.1 million. Operating expenses increased to $208.7 million, yielding income from operations of $12.5 million. Net income was $14.7 million, or $0.33 diluted EPS, compared with $15.6 million and $0.35 diluted EPS last year.
Recurring metrics strengthened: ARR reached $1,043.3 million (up 22%), Subscription ARR $893.7 million (up 30%), and SaaS ARR $335.7 million (up 56%), with SaaS NRR at 125%. Cash from operations was $108.5 million. The company ended the quarter with $1,063.6 million in cash and cash equivalents after issuing $900.0 million of 0% convertible senior notes due 2030 and purchasing capped calls. Current deferred revenue was $422.9 million; remaining performance obligations were $853.5 million, ~61% expected within 12 months. Commvault acquired Satori Cyber for $28.3 million and repurchased $146.1 million of common stock.