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Commvault Systems CVLT Perpetual license — Total cost of revenues

Other product segments

Software-as-a-service
$29.65M+14.2%
Customer support
$14.7M+3.5%
Other services
$8.84M+9.0%
Term-based software licenses
$4.24M+89.3%

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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$5.52B-33.1%
Enterprise value$4.63B-41.6%
P/E80.8×-21.0×
P/S4.5×-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:CostOfGoodsAndServicesSold.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025
Cost of revenues:
Term-based license4,2432,242
Software-as-a-service29,65225,972
Perpetual license171245
Customer support14,69914,207
Other services8,8448,111
Total cost of revenues57,60950,777
Gross margin256,522231,201

Item 1. Financial Statements

FAQ

What is Commvault Systems's perpetual license — total cost of revenues?
Commvault Systems (CVLT) reported perpetual license — total cost of revenues of $171K in Q2 2026.
How has Commvault Systems's perpetual license — total cost of revenues changed year-over-year?
Commvault Systems's perpetual license — total cost of revenues decreased by 30.2% year-over-year, from $245K to $171K.
What is the long-term trend for Commvault Systems's perpetual license — total cost of revenues?
Over 4 years (2022 to 2026), Commvault Systems's perpetual license — total cost of revenues has grown at a -41.6% compound annual growth rate (CAGR), from $4.56M to $531K.
What does perpetual license — total cost of revenues mean?
This metric captures the direct costs associated with delivering and supporting perpetual software licenses, including costs related to physical media, fulfillment, and specific technical support obligations. It serves as a measure of the operational efficiency and cost structure required to maintain legacy product lines. Monitoring these costs is essential for evaluating the profitability and margin contribution of the perpetual license segment.

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