Tiger Brokers

Commvault Reported Q1 ARR Of $996M, Up By 24% YoY, Subscription Revenue of $182M, Up By 46% YoY

Benzinga
Jul 29

First Quarter Fiscal 2026 Highlights -

  • Total revenues were $282 million, up 26% year over year
  • Total ARR1 grew to $996 million, up 24% year over year, or 21% on a constant currency basis using March 31, 2025 spot rates
  • Subscription revenue was $182 million, up 46% year over year, inclusive of term-based license revenue of $109 million, up 36% year over year, and SaaS revenue of $72 million, up 66% year over year
  • Subscription ARR1 grew to $844 million, up 33% year over year, or 30% on a constant currency basis using March 31, 2025 spot rates
  • Income from operations (EBIT) was $25 million, an operating margin of 8.9%
  • Non-GAAP EBIT2 was $58 million, an operating margin of 20.7%
  • Operating cash flow was $32 million, with free cash flow2 of $30 million

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