Commvault Systems Inc. reported total revenues of $276 million for the fiscal second quarter ended September 30, 2025, representing an 18% year-over-year increase. Annualized recurring revenue surpassed $1 billion, ahead of the company's March 2026 target. Operating cash flow for the quarter was $77 million, and free cash flow was $74 million. Recent business developments include the acquisition of Satori Cyber Ltd. and the launch of new products such as Clumio for Apache Iceberg on AWS, HyperScale Edge, and HyperScale Flex. Commvault also announced an integration between its cloud platform and BeyondTrust Password Safe. For the third quarter of fiscal 2026, Commvault expects total revenues between $298 million and $300 million, with subscription revenue between $195 million and $197 million. The company projects a non-GAAP gross margin of 80% to 81% and a non-GAAP EBIT margin of 18% to 19%.