CVLT Commvault (CVLT) Q1 FY27 earnings call
Commvault delivered strong Q1 FY27 results, exceeding expectations with robust subscription ARR growth, particularly in SaaS, and record profitability. The company is strategically positioned for AI resilience, leveraging its platform to protect expanding data workloads across hybrid environments, while navigating hardware supply chain challenges and focusing on disciplined capital allocation. A key Microsoft partnership further strengthens its market position.
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CVLT operating KPIs by quarter
| KPI | Mar 2026 Q4 FY26 | This call Jun 2026 Q1 FY27 | Change vs prior quarter |
|---|---|---|---|
| Annual recurring revenue (ARR) Subscription | $989MIn the fourth quarter, subscription ARR increased 27% to $989 million.Source: earnings call transcript | $1.05BA few highlights include: subscription ARR grew 22% to $1.05 billion.Source: earnings call transcript | +6.2% |
| Annual recurring revenue (ARR) SaaS | $400MThis was led by another quarter of strong growth from our SaaS business, which grew 42% to reach $400 million in ARR milestone for Commvault -- subscription revenue grew 20% to $208 million, and we generated a record free cash flow of $132 million in Q4, resulting in $237 million for the fiscal year.Source: earnings call transcript | $424MOur SaaS business fueled this growth growing 38% to $424 million in ARR.Source: earnings call transcript | +6% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.