Commvault Announces Second Quarter Fiscal 2026 Financial Results

Commvault Systems, Inc. reported its financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company achieved total revenues of $276 million, an 18% increase year over year. Notably, Commvault surpassed the $1 billion milestone in annualized recurring revenue (ARR), two quarters ahead of its March 2026 target. The company also reported operating cash flow of $77 million and free cash flow of $74 million. Key highlights include a 29% year-over-year increase in subscription revenue to $173 million, with SaaS revenue growing 61% to $80 million. Commvault's CEO, Sanjay Mirchandani, emphasized the company's cloud-first, AI-enabled cyber resilience platform as a critical asset for enterprises globally. The company also completed the acquisition of Satori Cyber Ltd., enhancing its cyber-resiliency platform. Commvault provided guidance for the third quarter and full fiscal year 2026, projecting continued growth in revenues and ARR.