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Compared to Estimates, Commvault (CVLT) Q2 Earnings: A Look at Key Metrics

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Commvault Systems (CVLT - Free Report) reported $312.39 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 13.1%. EPS of $1.38 for the same period compares to $0.91 a year ago.

The reported revenue represents a surprise of +0.51% over the Zacks Consensus Estimate of $310.8 million. With the consensus EPS estimate being $1.25, the EPS surprise was +10.4%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Commvault performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Subscription ARR: $1.1 billion compared to the $1.1 billion average estimate based on three analysts.
  • SaaS ARR: $454.41 million versus $446.07 million estimated by two analysts on average.
  • Revenues- Subscription - Term-based license: $105 million compared to the $103.56 million average estimate based on four analysts.
  • Revenues- Subscription: $268.51 million versus $263.16 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +55.5% change.
  • Revenues- Subscription - Software-as-a-service (SaaS): $106.2 million versus the two-analyst average estimate of $104.92 million.
  • Revenues- Perpetual license: $7.21 million versus $8.78 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -40.3% change.
  • Revenues- Other services: $13.19 million versus the two-analyst average estimate of $11.02 million. The reported number represents a year-over-year change of +17.6%.

View all Key Company Metrics for Commvault here>>>

Shares of Commvault have returned +13.3% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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