Commvault Systems, Inc. (CVLT) Revenue History
Annual and quarterly revenue from 2015 to 2026
Compound Annual Growth Rate (CAGR)
Loading revenue history...
CVLT Revenue Growth
Revenue Breakdown (FY 2025)
CVLT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CVLT Revenue Analysis (2015–2026)
As of May 8, 2026, Commvault Systems, Inc. (CVLT) generated trailing twelve-month (TTM) revenue of $1.18 billion, reflecting strong growth of +13.3% year-over-year. The most recent quarter (Q4 2026) recorded $311.7 million in revenue, down 0.7% sequentially.
Looking at the longer-term picture, CVLT's 5-year compound annual growth rate (CAGR) stands at +10.3%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.18 billion in 2026, representing a new all-time high.
Revenue diversification analysis shows CVLT's business is primarily driven by Subscription (59%), Customer Support Service (31%), and Perpetual License (6%). With over half of revenue concentrated in Subscription, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including VRNS (+15.2% YoY), QLYS (+10.2% YoY), and TENB (+10.7% YoY), CVLT has underperformed the peer group in terms of revenue growth. Compare CVLT vs VRNS →
CVLT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CVLTCurrent | $1.2B | +13.3% | +10.3% | 8.9% | |
 VRNS | $624M | +15.2% | +16.3% | -23.5% | |
 QLYS | $669M | +10.2% | +13.0% | 33.2% | |
 TENB | $999M | +10.7% | +17.8% | 0.1% | |
 IBM | $67.5B | +9.7% | +4.1% | 15.3% | |
 NTAP | $6.6B | +3.1% | +4.0% | 20.3% |
CVLT Historical Revenue Data (2015–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $1.18B | +18.9% | $950.2M | 80.3% | $105.6M | 8.9% |
| 2025 | $995.6M | +18.6% | $816.6M | 82.0% | $73.7M | 7.4% |
| 2024 | $839.2M | +7.0% | $687.6M | 81.9% | $75.4M | 9.0% |
| 2023 | $784.6M | +1.9% | $649.2M | 82.7% | $-15,885,000 | -2.0% |
| 2022 | $769.6M | +6.4% | $655.7M | 85.2% | $41.6M | 5.4% |
| 2021 | $723.5M | +7.8% | $614.1M | 84.9% | $-22,263,000 | -3.1% |
| 2020 | $670.9M | -5.6% | $553.8M | 82.5% | $-17,508,000 | -2.6% |
| 2019 | $711.0M | +1.7% | $594.0M | 83.5% | $4.9M | 0.7% |
| 2018 | $699.4M | +8.4% | $601.2M | 86.0% | $-946,000 | -0.1% |
| 2017 | $645.0M | +8.6% | $559.8M | 86.8% | $-1,242,000 | -0.2% |
See CVLT's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CVLT Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CVLT vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonCVLT — Frequently Asked Questions
Quick answers to the most common questions about buying CVLT stock.
Is CVLT's revenue growth accelerating or slowing?
CVLT maintains +13.3% revenue growth, in line with its 5-year CAGR of +10.3%. TTM revenue stands at $1.2B. Growth rate remains consistent with historical average.
What is CVLT's long-term revenue growth rate?
Commvault Systems, Inc.'s 5-year revenue CAGR of +10.3% reflects the sustained expansion pattern. Current YoY growth of +13.3% is near this long-term average.
How is CVLT's revenue distributed by segment?
CVLT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2026 are available for download. Segment mix reveals concentration and diversification trends.