CVLTCOMMVAULT SYSTEMS INC
Services-Prepackaged Software
- Revenue
- $1.2B
- 19% YoY
- Operating margin
- 6.3%
- 16% YoY
- EBITDA
- $84M
- 1.8% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear346% of net incomeCash flow under 80% of net income
- Dilutive SBCFired10% of revenueOver 10% of revenue
- Payouts exceed cash flowFired182% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear11% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $770M | $785M | $839M | $996M | $1.2B | 19% |
| Operating income | $42M | −$16M | $75M | $74M | $74M | 0.3% |
| Net income | $34M | −$36M | $169M | $76M | $71M | 7.2% |
| Operating cash flow | $177M | $170M | $204M | $207M | $245M | 18% |
| Capex | $4M | $3M | $4M | $4M | $8M | 100% |
| Stock-based comp | $105M | $106M | $95M | $113M | $123M | 9.0% |
| Buybacks | $305M | $151M | $184M | $165M | $446M | 170% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $20M | −$4M | 121 | 226 |
| FY2025 | $19M | $42M | 245 | 169 |
| FY2024 | $12M | $30M | 157 | 161 |
| FY2023 | $11M | $8M | 88 | 108 |
| FY2022 | $11M | $11M | 103 | 120 |