Filing Flows › Commvault Systems (CVLT) › Q4 FY25
Commvault Systems (CVLT) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed May 5, 2025
Commvault Systems (CVLT) reported revenue of $275M for the fourth quarter fiscal 2025 (Q4 FY25), +23% from a year earlier and +5% from the quarter before. Operating margin was 9.7%, net earnings $31.0M (11.3% of revenue).
Commvault Systems, Q4 FY25: revenue $275M (+23% year over year), operating margin 9.7%, net earnings $31.0M, operating cash flow $77.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $275M | +5% | +23% |
| Gross profit | $227M | +6% | +23% |
| Operating profit | $26.7M | +96% | +47% |
| Net earnings | $31.0M | +181% | -75% |
| Operating cash flow | $77.0M | +155% | -4% |
| Free cash flow | $76.2M | +155% | -4% |
What changed
Revenue was $275.0M in Q4 FY25, up 23% year over year and up 5% from the previous quarter. Subscription was the largest line at 63% of revenue.
Gross margin was 82.6%, up 0.2 points from a year earlier. Operating profit was $26.7M, a 9.7% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 8% margin then. Operating expenses grew 21% against revenue growth of 23%. The fastest-growing cost line was General & admin (+28%). Net earnings were $31.0M, down 75% year over year. The effective tax rate was -8.2%.
Operating cash flow was $77.0M (down 4% year over year), 248% of net earnings. Non-cash charges added back $2.3M of depreciation and amortization and $29.0M of share-based compensation. Working capital and other items added $14.7M. Capital expenditures of $783K left free cash flow of $76.2M.
Questions
What was Commvault Systems' revenue in the fourth quarter fiscal 2025?
Commvault Systems (CVLT) reported revenue of $275M for the fourth quarter fiscal 2025 (Q4 FY25), +23% from a year earlier and +5% from the quarter before.
Was Commvault Systems profitable in the fourth quarter fiscal 2025?
Operating profit was $26.7M (9.7% of revenue) and net earnings $31.0M.
Source: Commvault Systems 10-K on SEC EDGAR.