Commvault subscription revenue rises 21% to $269M as ARR reaches $1.104B
Commvault's subscription revenue grew 21% to $269M in its fiscal second quarter, and subscription ARR rose 20% to $1,104M.
Commvault reported fiscal second-quarter subscription revenue of $269M, up 21% from a year earlier, with SaaS revenue up 33% to $106M. Subscription ARR reached $1,104M, a 20% increase. (Commvault)
Total revenue for the quarter ended Sept 30 was $312.4M, up 13%. GAAP operating income was $30M, a 9.7% margin, and free cash flow was $71M. (Stock Titan; Investing.com)
For fiscal 2027, Commvault expects subscription revenue of $1,127M to $1,133M and subscription ARR of $1,205M to $1,215M. The company also now counts enterprise support in subscription ARR and no longer reports total ARR. (Commvault IR)