Commvault Systems, Inc. (CVLT) Financials

NASDAQ:CVLT

Market Cap

3.00B

Total Revenue

784.59M

Gross Profit

649.19M

Operating Income

54.04M

Net Income

-35.77M

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
revenue	586,340,000	607,543,000	595,126,000	650,518,000	699,393,000	710,957,000	670,885,000	723,472,000	769,591,000	784,590,000
costOfRevenue	74,301,000	82,068,000	82,712,000	85,192,000	98,152,000	117,006,000	117,078,000	109,373,000	113,859,000	135,402,000
grossProfit	512,039,000	525,475,000	512,414,000	565,326,000	601,241,000	593,951,000	553,807,000	614,099,000	655,732,000	649,188,000
researchAndDevelopmentExpenses	55,134,000	64,143,000	69,287,000	83,543,000	94,164,000	92,647,000	110,020,000	133,401,000	153,615,000	141,847,000
sellingAndMarketingExpenses	283,304,000	335,980,000	352,669,000	387,975,000	410,727,000	370,088,000	335,785,000	331,948,000	341,644,000	340,783,000
generalAndAdministrativeExpenses	67,106,000	78,063,000	78,848,000	84,944,000	87,575,000	100,946,000	92,130,000	92,214,000	103,049,000	104,240,000
sellingGeneralAndAdministrativeExpenses	350,410,000	414,043,000	431,517,000	472,919,000	498,302,000	471,034,000	427,915,000	424,162,000	444,693,000	445,023,000
operatingExpenses	411,619,000	486,691,000	510,415,000	565,097,000	602,187,000	574,278,000	553,750,000	572,191,000	607,974,000	596,140,000
operatingIncome	100,420,000	38,784,000	1,999,000	229,000	-946,000	4,908,000	17,622,000	106,079,000	41,566,000	54,043,000
totalOtherIncomeExpensesNet	890,000	108,000	-83,000	-958,000	-3,621,000	-14,765,000	-30,168,000	-127,314,000	1,848,000	-69,405,000
ebitda	107,517,000	48,603,000	13,957,000	10,666,000	9,446,000	37,252,000	34,687,000	121,957,000	60,665,000	64,366,000
depreciationAndAmortization	6,207,000	9,046,000	11,179,000	10,232,000	11,785,000	12,060,000	17,065,000	15,878,000	19,099,000	10,323,000
interestIncome	890,000	773,000	862,000	1,163,000	2,228,000	5,519,000	4,962,000	1,028,000	656,000	1,300,000
interestExpense	--	665,000	933,000	957,000	1,161,000	--	--	--	109,000	472,000
incomeBeforeTax	101,310,000	38,892,000	1,845,000	-523,000	-3,500,000	10,427,000	-12,546,000	-21,235,000	43,414,000	-15,362,000
incomeTaxExpense	37,246,000	13,242,000	1,709,000	-1,063,000	58,400,000	6,866,000	-6,901,000	9,719,000	9,790,000	20,412,000
netIncome	64,064,000	25,650,000	136,000	540,000	-61,900,000	3,561,000	-5,645,000	-30,954,000	33,624,000	-35,774,000
eps	1.36	0.56	0.003	0.01	-1.37	0.078	-0.12	-0.66	0.74	-0.8
epsdiluted	1.29	0.54	0.003	0.01	-1.37	0.075	-0.12	-0.66	0.71	-0.8
weightedAverageShsOut	46,976,000	45,464,000	45,159,000	44,700,000	45,242,000	45,827,000	45,793,000	46,652,000	45,443,000	44,664,000
weightedAverageShsOutDil	49,642,000	47,222,000	46,489,000	46,621,000	45,242,000	47,601,000	45,793,000	46,652,000	47,220,000	44,664,000
costAndExpenses	485,920,000	568,759,000	593,127,000	650,289,000	700,339,000	691,284,000	670,828,000	681,564,000	721,833,000	731,542,000
otherExpenses	6,075,000	8,505,000	9,611,000	8,635,000	9,721,000	10,597,000	15,815,000	14,628,000	9,666,000	9,270,000

Key Facts

Industry

Software—Application

Sector

Technology

Headquarters

Tinton Falls, NJ, US

Website

commvault.com

CEO

Mr. Sanjay Mirchandani

Employees

2779

About the Company

Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; and Commvault Complete Data Protection, a data protection solution. It also provides Commvault HyperScale X, an easy-to-deploy scale-out solution; Commvault Distributed Storage Platform that offers software-defined storage built on a hyperscale architecture; Metallic Cloud Storage service, which is the easy button to adopt secure and scalable cloud storage; and Metallic Software-as-a-Service. In addition, the company provides technology and business consulting, education, and remote managed services. Further, it sells appliances that integrate the software with hardware for use in a range of business needs and use cases; and offers professional and customer support services that include data management-as-a-service under the Metallic brand. The company sells its products and services directly through its sales force, and indirectly through its network of distributors, value-added resellers, systems integrators, corporate resellers, and original equipment manufacturers to large enterprises, small and medium sized businesses, and government agencies. It supports customers in a range of industries, including banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utilities, and energy. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.