secwatch.observer — SEC 8-K summary
======================================

Issuer:     COMMVAULT SYSTEMS INC (CVLT)
CIK:        0001169561
Form:       8-K
Filed at:   2026-07-28T11:48:28+00:00
Accession:  0001169561-26-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Commvault Q1 FY2027 subscription revenue up 16% to $267M; ARR reaches $1,054M
-----------------------------------------------------------------------------

- Subscription revenue $267M (+16% YoY); SaaS revenue crossed $100M (+39% YoY).
- Subscription ARR grew 22% YoY to $1,054M; non-GAAP EBIT margin 22.8%.
- Free cash flow $51M, up 71% YoY; operating cash flow $52M.
- Guidance: Q2 subscription revenue $264-268M; FY subscription revenue $1,119-1,129M.
- FY ARR target $1,200-1,210M; non-GAAP EBIT margin ~21%; FCF $250-260M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169561/000116956126000020/0001169561-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169561/000116956126000020/cvlt-20260728.htm
  HTML page:      https://secwatch.observer/filing/0001169561-26-000020

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