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Mar 31, 2022

Commvault Q4 2022 Earnings Report

Announced financial results for the fourth quarter and fiscal year ended March 31, 2022.

Key Takeaways

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.

Delivered another record quarter to cap off the best year in Commvault's history

Demand is strong for differentiated portfolio

Team is executing and taking market share

Excited about growth prospects in the new fiscal year

Total Revenue
$206M
Previous year: $191M
+7.6%
EPS
$0.75
Previous year: $0.59
+27.1%
Subscription and Utility ACV
$583M
Previous year: $518M
+12.6%
Gross Profit
$174M
Previous year: $162M
+7.5%
Cash and Equivalents
$268M
Previous year: $397M
-32.7%
Free Cash Flow
$86.5M
Previous year: $64.7M
+33.7%
Total Assets
$816M
Previous year: $904M
-9.7%

Commvault

Commvault

Commvault Revenue by Geographic Location

Forward Guidance

Commvault provided forward guidance, expressing excitement about growth prospects in the new fiscal year.