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Commvault Systems CVLT Contract Liabilities

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Other financials

Income statement

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Revenue$314.1M+11.4%
Gross profit$256.5M+11.0%
Operating income$25.7M+2.5%
Net income$21.1M-10.0%
EPS (diluted)$0.50-3.8%

Balance sheet

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Cash & equivalents$929.8M+156%
Total debt$35.7M+20.6%
Total equity$52.1M-85.7%
Total assets$1.9B+60.7%

Cash flow

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Operating cash flow$51.7M+63.1%
CapEx$569.0K-69.7%
Free cash flow$51.1M+71.5%

Valuation

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Market cap$5.53B-33.0%
Enterprise value$4.63B-41.5%
P/E80.9×-20.8×
P/S4.6×-3.3×

Profitability

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Gross margin81.1%-0.9pp
Operating margin6.1%-1.5pp
Net margin5.6%-2.1pp
FCF margin21.3%+3.2pp

Returns & leverage

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Return on equity32.8%+7.7pp
Debt / equity0.7×+0.6×
Current ratio+0.8×

Where this comes from

Reported directly by Commvault Systems in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Commvault Systems’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 2:20 PM EDT
Fiscal quarter
Q2 FY2027
Calendar quarter
Q3 2026
Accession
0001169561-26-000024
Line itemJune 30,2026March 31,2026
Deferred revenue473,744484,973
Total current liabilities620,027658,170
Convertible notes, net881,926880,863
Deferred revenue, less current portion291,151293,725
Deferred tax liabilities1,3061,565
Long-term operating lease liabilities28,58129,675
Other liabilities15,37914,813
Commitments and contingencies (Note 6)

Item 1. Financial Statements

FAQ

What is Commvault Systems's contract liabilities?
Commvault Systems (CVLT) reported contract liabilities of $291.15M in Q2 2026.
How has Commvault Systems's contract liabilities changed year-over-year?
Commvault Systems's contract liabilities increased by 20.5% year-over-year, from $241.71M to $291.15M.
What is the long-term trend for Commvault Systems's contract liabilities?
Over 5 years (2021 to 2026), Commvault Systems's contract liabilities has grown at a 19.8% compound annual growth rate (CAGR), from $119.23M to $293.73M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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