Commvault Systems, Inc. (CVLT) Stock

Commvault Systems, Inc. (CVLT) is a Technology stock trading at $131.65 (as of 2026-08-20), with a market capitalization of $5.46B and a trailing P/E of 79.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Commvault Systems, Inc. provides software applications and related services for data protection and information management, including backup and recovery, disaster recovery, and complete data protection, along with storage and cloud offerings. It delivers these solutions for enterprises and other organizations in the U.S. and internationally through direct sales and distributor channels, plus support, consulting, education, and managed services.

Understand Commvault Systems, Inc.: how it makes money

Commvault Systems sells data protection and information management software, including backup and recovery, disaster recovery, and software-defined storage, plus related services, and it makes money mainly through subscription offerings and term-based licenses.

The profit engine is recurring revenue durability, supported by very strong net dollar retention (122%), which helps keep and expand subscription-based revenue over time.

Revenue by segment (latest quarter)
Subscription$0.2B
Term License$0.1B

Business quality (Strong): The company’s business and key recurring-revenue KPI (Net Dollar Retention) are clear, but the provided revenue breakdown does not fully show how all categories map into mutually exclusive reportable segments that sum exactly to total revenue.

Valuation: Trades at 81× trailing earnings · $5B market cap.

Bull case

  • Recurring revenue durability: Net Dollar Retention is 122%, indicating existing customers tend to expand as well as renew.
  • Subscription is a large revenue component: Subscription Revenue is 0.21B, making it the largest reported component among the provided categories.

Bear case

  • Operating leverage looks limited: Operating margin is 6.3%, so revenue changes may not translate into proportionate profit.
  • Less recurring revenue exposure: Term-Based License Revenue is 0.11B, which can be less durable than subscriptions and can make results more sensitive to customer timing and contract mix.
Valuation — source: SEC EDGAR (first-party)
Price$131.65
Market Cap$5.46B
P/E Ratio79.9
EV / EBITDA53.5
Price / Book104.82
Price / Sales4.49
FCF Yield4.7%
DCF Value (model)$111.70
DCF Upside vs Price-15.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.18B
Net Margin6.0%
Revenue Growth (YoY)11.4%
EPS Growth (YoY)-3.8%
FCF Growth (YoY)71.5%
Financial Health — source: SEC EDGAR
Altman Z-Score1.80 (distress)
Valuation vs Sector & Industry
Stock P/E79.9
Sector P/E (Technology)33.9
Industry P/E (Business Services)30.0
vs Sector135.4%
vs Industry166.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($711.49M)
Institutional Holders Tracked10
Congressional Trades (recent)6
Company
SectorTechnology
IndustryBusiness Services
CEOSanjay Mirchandani
Employees3,300
CountryUS
IPO Date2006-09-22

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CVLT earnings history · CVLT institutional & insider holders · CVLT KPIs & operating metrics · CVLT financials · CVLT investor presentations & press releases · CVLT SEC filings · CVLT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.