Company Analysis

Commvault Systems, Inc. (CVLT)

Nasdaq: CVLT · Services-Prepackaged Software · Tinton Falls, NJ · filing with the SEC since 2002
Grade6.4
◀ Past 6.4● Present 6.8▶ Future 6.0

The grade of Commvault Systems, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past6.425% of the headline
● Present6.835% of the headline
▶ Future6.040% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 73rd percentile among 230 sector filers · read for itself

From the record

Commvault Systems, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.4/10

What has it actually done, year after year?

+7% a year over 10 filed years; profitable in 5 of 10.

weight 45% of this tense · 44th percentile among 213 sector filers · read for its customers

From the record

Commvault Systems, Inc.'s 10 filed years say what it did: revenue went from $645 million in fiscal 2017 to $1.2 billion in fiscal 2026, up 7% a year; it rose in 8 of 9 years; the deepest fall was 6% from fiscal 2019 to fiscal 2020; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span7.0%bottom 23% of its family
  • the share of years revenue rosebottom 44% of its family
  • the share of filed years with a profittop 31% of its family
  • the deepest fall from a revenue peak5.6%bottom 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.5/10

How has it treated the people who own it?

Share count steady. 100% of cash flow returned. Insiders: 47 sales, 0 purchases.

weight 33% of this tense · 85th percentile among 152 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-03-31, Commvault Systems, Inc.'s diluted share count held steady, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 47 sales (39 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-13 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 25% of its family
  • cash returned against operating cash flowtop 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.8/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
6.8/10

Is it financially healthy right now?

ROE 943%: 943¢ of profit per shareholder dollar. Leverage 100%: owes 100¢ per asset dollar.

weight 45% of this tense · 68th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, Commvault Systems, Inc. earned about 943 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 51 cents per dollar of everything the company owns. Leverage: it owed about 100 cents per dollar of assets, and net share issuance: its share count shrank 1.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 10% of its family
  • return on equitytop 1% of its family
  • gross profit against assetstop 20% of its family
  • the share count against the year beforetop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.6/10

How strong is its position in its industry?

top 34% of 218 in its family; net margin 6%.

weight 33% of this tense · 66th percentile among 218 sector filers · read for its customers

From the record

Commvault Systems, Inc.'s standing among 218 graded names in its industry family: revenue of $1.2 billion in fiscal 2026 ranks in the top 26% by size; a net margin of 6% ranks in the top 36%; revenue growth of 14.7% a year over the last 3 filed years ranks in the top 40% (its annual reports).

What it rests on

  • revenue against the family$1.18Btop 26% of its family
  • net margin6.0%top 36% of its family
  • three-year revenue growth14.7%top 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.0/10

What are the people in charge doing?

top 30% of 139 in its family for leadership; chief executive since 2019.

weight 22% of this tense · 70th percentile among 139 sector filers · read for its shareholders

From the record

Commvault Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mirchandani, Sanjay (President & CEO, as filed), filing under that title since 2019-02-05, 7.8 years (top 20% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 7.8 years (top 18%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 47%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 13 peoplebottom 47% of its family
  • the median years the people in charge have filed7.8 yearstop 18% of its family
  • the chief executive's years on the record7.8 yearstop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.0/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.6/10

How much room does it have to grow?

top 34% of 216 in its family for room to expand.

weight 22% of this tense · 66th percentile among 216 sector filers · read for itself

From the record

Commvault Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $900 million against no long-term debt tagged leaves 47.7% of its assets as net cash, top 10% of its family; cash from operations less capital spending is 20% of revenue (top 35%); a gross margin of 81.2% (top 18%); research spending of 13.7% of revenue (bottom 27%) (its annual report).

What it rests on

  • cash less debt against assets47.7%top 10% of its family
  • cash from operations less capital spending against revenue20.0%top 35% of its family
  • gross margin81.2%top 18% of its family
  • research spending against revenue13.7%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.1/10

What could actually drive growth from here?

top 29% of 213 in its family for growth drivers.

weight 45% of this tense · 71st percentile among 213 sector filers · read for its customers

From the record

Commvault Systems, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 14.7% a year over the last three filed years against 7% over all 10, speeding up (top 4% of its family); the newest year grew 18.9% (top 32%); research spending grew 4.6% a year (bottom 41%); capital spending grew 32.4% a year (top 19%) (its annual reports). Commvault Systems, Inc. reported 6 product lines in fiscal 2026: Term Based Software Licenses at $435 million (37%), Software As A Service at $333 million (28%), Term Based Software Support at $202 million (17%), and 3 more; 4 of 6 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+7.7 points a yeartop 4% of its family
  • the newest year's revenue growth18.9%top 32% of its family
  • three-year growth of research spending4.6%bottom 41% of its family
  • three-year growth of capital spending32.4%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.1/10

Did its newest year beat what its own record pointed to?

bottom 41% of 194 in its family for expectations against reality.

weight 33% of this tense · 41st percentile among 194 sector filers · read for its shareholders

From the record

Commvault Systems, Inc.'s newest year against its own record: revenue of $1.2 billion in fiscal 2026 came in 5.5% above the $1.1 billion its prior three years' pace pointed to (top 26% of its family); net income of $71 million against a prior three-year average of $70 million (bottom 28%); a net margin of 6% against 7.7% before (bottom 22%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.5%top 26% of its family
  • net income against the prior three years' average+1%bottom 28% of its family
  • net margin against its prior average-1.8 pointsbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CVLT · research, not advice