Earnings ·
Commvault reports Q2 fiscal 2027 subscription revenue of $269 million, up 21% year over year
CVLTCommvault Systems Inc
Commvault Systems announced financial results for its second quarter ended September 30, 2026. Subscription revenue reached $269 million, a 21% increase from the prior-year period, driven by SaaS growth of 33%. Subscription annualized recurring revenue (ARR) rose 20% year over year to $1,104 million. The company reported income from operations of $30 million and operating cash flow of $75 million. Commvault also updated its full-year fiscal 2027 guidance, projecting subscription revenue between $1,127 million and $1,133 million and non-GAAP EBIT margin between 21.0% and 21.5%. The company operates in the enterprise data management and cyber resilience industry.