Commvault announced its financial results for the fiscal third quarter ended December 31, 2024, reporting a 21% year-over-year increase in total revenues, reaching $262.6 million. The company's total annualized recurring revenue (ARR) grew to $890 million, up 18% year over year, and subscription revenue increased by 39% to $158.3 million.
Commvault announced its Q2 2025 financial results, showcasing a 16% year-over-year increase in total revenues, reaching $233.3 million. The company's total ARR grew by 20% to $853 million, and subscription revenue increased by 37% to $134.0 million. Commvault also raised its outlook for the full fiscal year, driven by strong demand for its Commvault Cloud platform.
Commvault announced strong Q1 2025 financial results with a 13% increase in total revenue and a 17% increase in total ARR. Subscription revenue grew by 28%, and subscription ARR increased by 27%. The company's focus on cyber resilience and data recovery solutions drove strong performance.
Commvault announced its Q4 and FY2024 results, with Q4 total revenue up 10% year-over-year and total ARR up 15%. For the full year, total revenue increased by 7% and total ARR grew by 15%.
Commvault announced strong Q3 2024 financial results, with total revenues up 11% year-over-year to $216.8 million and total ARR growing 17% year-over-year to $752 million. The company's new Commvault Cloud platform is expected to drive accelerated growth in fiscal year 2025.
Commvault announced its Q2 2024 financial results, with total revenues of $201.0 million, up 7% year over year. The company's total ARR grew to $711 million, up 18% year over year, and subscription ARR grew to $530 million, up 32% year over year. Income from operations was $17.6 million, and non-GAAP EBIT was $42.0 million. The company is set to unveil its cyber resilience platform at Commvault SHIFT.
Commvault reported flat total revenues year-over-year at $198.2 million, but showed strength in its subscription business with subscription ARR growing 32% to $500 million. The company maintains its full year guidance, indicating confidence in future performance.
Commvault reported Q4 2023 revenues of $203.5 million, a 1% decrease year-over-year, but a 2% increase on a constant currency basis. The company's annualized recurring revenue (ARR) reached $668.4 million, up 15% year-over-year. Loss from operations (EBIT) was $37.7 million, which includes a $53.5 million noncash impairment charge related to the pending sale of Commvault's corporate headquarters.
Commvault announced its Q3 2023 financial results, with total revenues of $195.1 million, a decrease of 4% year over year. The company's ARR grew by 14% year over year, reaching $640.7 million, driven by Metallic. GAAP income from operations was $5.0 million, while non-GAAP income from operations was $38.5 million. Diluted loss per share was $(0.01), while non-GAAP diluted earnings per share was $0.62.
Commvault reported a 6% year-over-year increase in total revenue, reaching $188.1 million for the second quarter of fiscal year 2023. The company's annualized recurring revenue (ARR) grew by 11% year-over-year to $604.4 million. Software and products revenue saw a 10% increase compared to the previous year.
Commvault announced its Q1 2023 financial results, with total revenue of $198.0 million, an 8% increase year-over-year, and software and products revenue of $92.4 million, a 13% increase year-over-year. The company's annualized recurring revenue (ARR) reached $594.5 million, up 12% year-over-year.
Commvault announced record quarterly and annual revenue, with Q4 software and products revenue up 12% year over year and recurring revenue up 19% year over year. The company's annualized recurring revenue (ARR) was up 13% year over year.
Commvault reported a strong third quarter with record total revenue of $202.4 million, an 8% increase year over year. The company's annualized recurring revenue (ARR) reached $561.2 million, up 11% year over year, driven by the increasing adoption of its software and SaaS offerings.
Commvault announced its Q2 2022 financial results, with total revenue of $177.8 million, a 4% increase year-over-year. The company's annualized recurring revenue (ARR) grew by 12% year-over-year to $542.6 million. However, the company noted that it did not meet its expectations due to delayed software opportunities and supply chain issues.
Commvault announced its financial results for the first quarter ended June 30, 2021. Total revenues for the first quarter of fiscal 2022 were $183.4 million, an increase of 6% year over year. Annualized recurring revenue (ARR) was $532.8 million as of June 30, 2021, up 13% from June 30, 2020.
Commvault reported a strong Q4 2021 with record quarterly revenue of $191.3 million, a 16% increase year-over-year, and significant operating margin expansion. The company's annualized recurring revenue (ARR) reached $517.9 million, up 15% year-over-year, driven by a 35% increase in software and products revenue. Non-GAAP EPS was $0.59 per diluted share.
Commvault announced its Q3 2021 financial results, reporting a record quarterly revenue of $188.0 million, a 7% increase year-over-year. Software and products revenue increased by 16% year-over-year, driven by larger deals. The company's annualized recurring revenue (ARR) reached $507.2 million, up 11% from the previous year.
Commvault announced its financial results for the second quarter ended September 30, 2020. Total revenues for the second quarter of fiscal 2021 were $171.1 million, an increase of 2% year over year. Annualized recurring revenue (ARR) was $483.5 million, up 9% from the previous year. On a GAAP basis, loss from operations was $42.0 million, while non-GAAP EBIT was $28.9 million.
Commvault reported a 7% increase in total revenue year-over-year, reaching $173.0 million. Software and products revenue increased by 20%, driven by larger deals. The company's annualized recurring revenue (ARR) reached $471.6 million, a 9% increase year-over-year. GAAP net income was $2.3 million, or $0.05 per diluted share, while non-GAAP net income was $23.9 million, or $0.51 per diluted share.
Commvault announced its Q4 2020 financial results, with total revenues of $164.7 million, a 9% decrease year-over-year. The company reported a net income of $8.9 million, which includes a $10.0 million tax benefit from the CARES Act, and a non-GAAP EPS of $0.30. Despite the impact of the pandemic, Commvault remains confident in its long-term opportunities and strategy.
Commvault reported a total revenue of $176.4 million, a 4% decrease year-over-year. The company experienced a GAAP net loss of $0.7 million, or $0.01 per diluted share, but a non-GAAP net income of $21.7 million, or $0.47 per diluted share. Despite the revenue decline, subscription and utility ACV grew 56% year-over-year.