Commvault Systems stock gains 2.06 percent on growth

Published on 09/24/2026 at 07:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Commvault Systems stock posted Q1 fiscal 2027 revenue of USD 314.131 million on July 28, 2026. Subscription revenue climbed 16 percent year over year and ARR reached USD 1.054 billion.

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Commvault Systems (ISIN US2041661024) stock gained 2.06 percent to USD 149.43 on Nasdaq on September 23, 2026, with the company carrying subscription growth and recurring revenue into fiscal 2027. The latest quarter also delivered a direct comparison with the prior quarter, giving investors a clearer measure of operating scale.

Recurring revenue keeps expanding

Commvault reported subscription revenue of USD 267 million in Q1 fiscal 2027, an increase of 16 percent from the prior year. Subscription annual recurring revenue reached USD 1.054 billion, up 22 percent year over year, according to Commvault in its July 28, 2026 results release.

The company also reported USD 51 million in free cash flow for Q1 fiscal 2027, 71 percent above the prior-year period. That combination of recurring revenue and cash generation gives the stock a stronger operating metric than a software story based only on bookings.

Quarterly revenue moves higher

Total revenue reached USD 314.131 million in the quarter ended June 30, 2026, compared with USD 311.692 million in Q4 fiscal 2026. Operating profit rose from USD 16.638 million to USD 25.719 million across those two reported quarters.

Non-GAAP earnings came in at USD 1.42 per share, compared with a consensus estimate of USD 1.18, while revenue increased 11.4 percent year over year, Zacks reported on September 11, 2026. The figures point to a company expanding both its recurring base and its profitability.

Stock remains below yearly high

At USD 149.43 on September 23, 2026, the stock was 24.1 percent below its 52-week high of USD 196.88 and 108.2 percent above its 52-week low of USD 71.75. The market capitalization was USD 6,193,061,199 on the same date.

MarketBeat reported on September 13, 2026, that analysts held a Moderate Buy consensus with an average 12-month price target of USD 152.63. That target stood 2.1 percent above the September 23 price, leaving the recurring-revenue trend as the central operating measure for the stock.