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Jun 30, 2022
Commvault Q1 2023 Earnings Report
Commvault's Q1 2023 financial results were announced, featuring double-digit constant currency revenue growth.
Key Takeaways
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.
Total revenues for the first quarter of fiscal 2023 were $198.0 million, an increase of 8% year over year.
Software and products revenue was $92.4 million, an increase of 13% year over year.
Annualized recurring revenue (ARR) was $594.5 million as of June 30, 2022, up 12% from June 30, 2021.
Total recurring revenue was $170.8 million, an increase of 20% year over year.
Commvault
Commvault
Commvault Revenue by Segment
Commvault Revenue by Geographic Location
Revenue by Segment
Subscription Revenue
CapyFin.comPerpetual License Revenue
CapyFin.comCustomer Support Revenue
CapyFin.comOther Services Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.com Forward Guidance
Commvault will host a conference call today, July 26, 2022 at 8:30 a.m. Eastern Time to discuss quarterly results. The live webcast and call dial-in numbers can be accessed by registering under the "Events" section of Commvault's website. An archived webcast of this conference call will also be available following the call.
Revenue & Expenses
Visualization of income flow from segment revenue to net income