Data management firm Commvault's Q2 profit misses

Commvault Systems

28/10/2025 11:54

Overview

Commvault fiscal Q2 revenue rises 18% yr/yr but misses analyst expectations

Adjusted EPS for fiscal Q2 misses analyst expectations

Company surpasses $1 bln ARR milestone ahead of schedule

Outlook

Commvault expects Q3 revenue between $298 mln and $300 mln

Company forecasts full-year revenue between $1,161 mln and $1,165 mln

Commvault anticipates full-year free cash flow between $225 mln and $230 mln

Result Drivers

ARR GROWTH - Total ARR grew 22% yr/yr, surpassing $1 bln milestone ahead of schedule, driven by strong SaaS performance

SAAS REVENUE - SaaS revenue increased 61% yr/yr, contributing significantly to subscription revenue growth

PRODUCT EXPANSION - Acquisition of Satori Cyber Ltd. and new product launches expanded cyber resilience platform

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$276 mln
$276.89 mln (11 Analysts)
Q2 Adjusted EPS
Miss
$0.91
$0.94 (11 Analysts)
Q2 Adjusted EBIT
$51 mln
Q2 ARR
$1 bln
Q2 EBIT
$12 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Commvault Systems Inc is $216.00, about 19.4% above its October 27 closing price of $174.15

The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 40 three months ago

Press Release: ID:nPn2tcvNVa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)