secwatch.observer — SEC 8-K summary
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Issuer:     COMMVAULT SYSTEMS INC (CVLT)
CIK:        0001169561
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0001169561-25-000083
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Commvault Q2 FY2026 revenue $276M (+18% YoY), ARR tops $1B milestone early
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- Total ARR reached $1,043M, up 22% YoY; surpassed $1B milestone two quarters ahead of target.
- SaaS revenue $80M (+61% YoY); subscription revenue $173M (+29% YoY).
- Non-GAAP EBIT $51M (18.6% margin); operating cash flow $77M; free cash flow $74M.
- Q3 FY2026 guidance: total revenue $298-300M; subscription revenue $195-197M; Non-GAAP EBIT margin 18-19%.
- Full-year FY2026 guidance raised: total revenue $1,161-1,165M; free cash flow $225-230M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169561/000116956125000083/0001169561-25-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169561/000116956125000083/cvlt-20251028.htm
  HTML page:      https://secwatch.observer/filing/0001169561-25-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer