10-Q quarterly report · filed Oct 29, 2025

COMMVAULT SYSTEMS INC (CVLT) Q3 2025 10-Q Quarterly Report

Short answer

COMMVAULT SYSTEMS INC (CVLT) filed its Q3 2025 10-Q quarterly report on Oct 29, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $276M (up 18.4% year over year) with net income of $15M.

Q3 2025 key financials · XBRL

Revenue
$276M
+18.4% YoY · −2.1% QoQ
Net income
$15M
−5.4% YoY · −37.3% QoQ
Operating margin
4.5%
Gross margin
80.1%
EPS (diluted)
$0.32
−8.6% YoY · −38.5% QoQ

Source: XBRL data from the COMMVAULT SYSTEMS INC (CVLT) Q3 2025 10-Q on SEC EDGAR. USD.

COMMVAULT SYSTEMS INC Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue and year-over-year change not provided for the quarter
  • Indirect channels 90% of six-month revenue; direct channels 10%
  • Partner A 32% of six-month revenue vs 36% prior year
  • Partner B 12% of six-month revenue vs 10% prior year
  • Margin, cash flow, capital deployment, guidance, and near-term headwinds not provided

Risk Factors

  • Newly added financing risk: $900 million 0% convertible senior notes issued September 5, 2025, due 2030
  • Most material liquidity risk: Cash settlement may be required upon conversion, fundamental change, or maturity
  • Dilution risk: Initial conversion price $236.88 per share, with Capped Calls offsetting dilution only up to approximately $357.56
  • Market risk: Capped Call counterparties’ hedging may affect common-stock price and conversion consideration
  • Financial reporting risk: Note conversions and share-count changes may increase diluted EPS volatility

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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