CVLT
Commvault Systems, Inc.120.95
+1.11+0.93%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
5.38BP/E (TTM)
68.33Basic EPS (TTM)
1.77Dividend Yield
0%Recent Filings
8-K
8-K
Commvault ARR tops $1B
Commvault reported Q2 fiscal 2026 revenues of $276 million, up 18% year over year, with total ARR hitting $1.043 billion—22% growth and two quarters ahead of target. Subscription revenue surged 29% to $173 million, driven by 61% SaaS gains, while free cash flow reached $74 million. The Satori Cyber acquisition bolsters cyber-resiliency amid AI risks. ARR milestone accelerates momentum. Guidance projects full-year revenues of $1.161-1.165 billion.
8-K
Haydon joins Commvault board
Commvault appointed cybersecurity veteran Geoff Haydon to its board on October 17, 2025, filling the vacancy left by Allison Pickens' resignation on October 15, 2025, as she shifts focus to her venture capital firm. Haydon, current CEO of Ontinue and former leader at VMware and Secureworks, joins the Audit Committee, bringing expertise in scaling global tech firms. This bolsters Commvault's cyber resilience strategy amid AI-driven threats. No disagreements marked Pickens' exit.
8-K
Commvault issues $900M convertible notes
Commvault Systems issued $900 million in 0% convertible senior notes due 2030 on September 5, 2025, after initial purchasers exercised their $115 million option, providing low-cost capital while capping dilution via hedged capped call transactions at $357.56 per share. The notes convert into up to 5 million shares at $236.88 initially, ranking senior unsecured but subordinated to the revolving facility. Yet dilution looms if stock surges past the cap.
8-K
Commvault launches notes offering
Commvault announced plans on September 2, 2025, to offer $750 million in convertible senior notes due 2030 to qualified institutional buyers, with an option for $112.5 million more. Proceeds will fund capped call transactions to curb dilution, repurchase up to $125 million in shares, and support general corporate needs like acquisitions. This opportunistic raise boosts strategic flexibility. Yet hedging by counterparties could sway stock prices.
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