CommVault Systems Inc. [Nasdaq: CVLT] announced its financial results for the fiscal first quarter ended June 30, 2025, reporting a record total revenue of $282 million, which marks a 26% increase year-over-year. The company's Annualized Recurring Revenue $(ARR)$ grew to $996 million, representing a 24% year-over-year rise. Subscription revenue reached $182 million, a significant 46% increase from the previous year, with term-based license revenue contributing $109 million, up 36%, and SaaS revenue adding $72 million, which surged 66% year-over-year. Subscription ARR rose to $844 million, up 33% year-over-year. CommVault reported an income from operations $(EBIT)$ of $25 million with an operating margin of 8.9%, while Non-GAAP EBIT was $58 million, reflecting an operating margin of 20.7%. The company generated an operating cash flow of $32 million and a free cash flow of $30 million. In business updates, Commvault was named a Leader in the Gartner Magic Quadrant for Backup and Data Protection Platforms for the 14th consecutive time. The company announced enhancements to its post quantum computing capabilities to protect sensitive data and expanded strategic partnerships with companies like CrowdStrike, Deloitte, HPE, and Kyndryl. Commvault Cloud achieved GovRAMP Authorized status at the state level, complementing its FedRAMP High authorization at the federal level.