AlphAIAlphAI — Financial news for AI agents
tradingview.com$CVLT

Commvault Systems 2026: Revenue $312.39M, Net income $29.11M, EPS $0.69— 10-Q Summary

Commvault Systems reported Q2 2026 revenue of $312.39M, up 13.1% YoY, and net income of $29.11M, up 97.6%. EPS rose to $0.69. Six-month SaaS revenue grew 36%, with subscription revenue at 85% of total revenue. SaaS gross margin improved to 70.3%.

Original reporting
tradingview.com
Published Oct 28, 2026, 8:31 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 28, 2026, 8:42 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
Commvault Systems 2026: Revenue $312.39M, Net income $29.11M, EPS $0.69— 10-Q Summary — source image
Source · tradingview.com
Decision brief

The 30-second read

$CVLTBullishHigh
01

Why it matters

The earnings beat and margin expansion could trigger a short‑term rally, but investors will watch guidance and cash flow for sustainability.

02

Market read

Earnings release adds fresh data for a mid‑cap software stock, offering a clear trading trigger.

03

What to watch

Potential headwinds from slower enterprise spending or competitive pressure are not addressed.

Relevance 8/10Novelty 9/10Timing: after‑hours release

Background

Commvault Systems (NASDAQ:CVLT) provides data protection and information management solutions; the filing is its first 10‑Q for Q3 2026.

Company-level read

Ticker impact

$CVLTBullishHigh confidence
Context

Commvault Systems filed its 10‑Q reporting Q3 revenue of $312.39M, net income $29.11M and EPS $0.69, up 13.1% and 97.6% YoY.

Expected impact

upward pressure as investors price in the earnings beat and accelerating SaaS margins

Evidence & confidence

Revenue and net income both rose double‑digits; SaaS gross margin improved to 70.3%, indicating higher profitability.

Market effects

Sector

Highlights continued growth in the data protection and SaaS sector, supporting peers.

Regional

U.S. tech earnings season momentum may be reinforced.

Global

Limited to investors tracking mid‑cap software stocks.

Counterpoint

What could challenge this read

If the market has already priced in the SaaS transition, the upside may be muted.

Key entities

  • company
    Commvault Systems

    Data protection software provider reporting Q3 2026 results.

Read at source← All news

StoryCommvault reports Q2 FY27 results and raises full‑year subscription outlook

Also covered by

6 outlets

Related articles

$CVLTMed

Analysts Offer Insights on Technology Companies: CommVault Systems (CVLT), Onto Innovation (ONTO) and Cirrus Logic (CRUS)

Analysts at Oppenheimer reiterated ratings on three tech companies. Param Singh maintained a Buy rating on CommVault Systems (CVLT) with a $200 target, while Edward Yang did the same for Onto Innovation (ONTO) with a $450 target. Rick Schafer kept a Hold rating on Cirrus Logic (CRUS). Consensus targets suggest upside for all three stocks, with ONTO showing the highest potential gain.

theglobeandmail.com
$CVLTMedAI 8/10

Guggenheim raises CommVault stock price target to $200 on strong SaaS growth

Guggenheim raised its price target on CommVault Systems (CVLT) to $200 from $175, citing strong SaaS growth and raised guidance. CVLT reported Q2 subscription revenue above estimates and increased full-year organic guidance. Shares trade near a 52-week high, up 76% in six months, but are considered overvalued by some metrics. The company beat earnings and revenue estimates for Q2 2027.

investing.com
$CVLTHigh

Commvault Systems Q2 Profit Rises

Commvault Systems (CVLT) reported Q2 2027 net income of $29.11M ($0.69 per share), up from $14.73M ($0.33 per share) in the prior year. Adjusted net income rose to $58.31M ($1.38 per share) from $41.05M ($0.91 per share). Revenue increased to $312.39M from $276.19M. The company expects 2027 ARR of $1.205B. Shares traded 2.36% higher at $171.69.

rttnews.com