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Commvault Systems CVLT Term-based software licenses — 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%
Perpetual license
$171K-30.2%

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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
Other services12,93413,895
Total revenues314,131281,978
Cost of revenues:
Term-based license4,2432,242
Software-as-a-service29,65225,972
Perpetual license171245
Customer support14,69914,207
Other services8,8448,111

Item 1. Financial Statements

FAQ

What is Commvault Systems's term-based software licenses — total cost of revenues?
Commvault Systems (CVLT) reported term-based software licenses — total cost of revenues of $4.24M in Q2 2026.
How has Commvault Systems's term-based software licenses — total cost of revenues changed year-over-year?
Commvault Systems's term-based software licenses — total cost of revenues increased by 89.3% year-over-year, from $2.24M to $4.24M.
What is the long-term trend for Commvault Systems's term-based software licenses — total cost of revenues?
Over 2 years (2024 to 2026), Commvault Systems's term-based software licenses — total cost of revenues has grown at a 7.4% compound annual growth rate (CAGR), from $9.25M to $10.66M.
What does term-based software licenses — total cost of revenues mean?
This metric captures the direct costs associated with delivering term-based software licenses, including expenses related to software support, maintenance, and cloud infrastructure delivery. It serves as a measure of the cost efficiency and scalability of the company's software-as-a-service or term-based business model. Monitoring this metric helps assess the gross margin profile of the specific software segment and the operational leverage inherent in the product delivery.

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