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Commvault beats Q1 estimates with strong earnings and 22% subscription revenue growth

Company Fundamentals
28 Jul 2026
Danny Green
View Source
Bullish
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Commvault Systems reported strong Q1 2026 results, surpassing earnings per share and revenue estimates with EPS of $1.42 and revenue of $314.13 million. Subscription-based services drove growth, with subscription ARR up 22% to $1.05 billion and SaaS ARR rising 38% to $424 million. Profitability improved, shown by a 23% EBIT margin and a 71% increase in free cash flow to $51 million. This performance highlights Commvault's expanding role in data management and protection, signaling continued growth potential.

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