CluenexCommvault Systems CVLT
Commvault Systems scores good on business quality (7.3 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Commvault Systems does
Commvault sells data protection and cyber resilience software to enterprises, charging subscription fees to secure critical backup workloads. The company is leaning into AI-driven data protection features to capture fresh enterprise IT budgets.
- What it does best
Commvault delivers an 81.1% gross margin, topping peers like SentinelOne at 72.5%. This high margin reflects deep enterprise trust in its core recovery platform, making migrations painful.
- The main risk
An extreme valuation multiple of 91x earnings leaves zero room for execution errors. Any slight deceleration in enterprise bookings risks triggering a sharp multiple contraction.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin sits at 9.0% while free cash flow hits 50th percentile sector ranks. Scale advantages are slowly expanding margins as software subscription mix rises.
Enterprise lock-in anchors its moat, supported by a gross margin sitting in the sector's top quartile. Switching core backup infrastructure takes years, shielding it from rivals.
Revenue grew 18.9% to $1.2 billion, accelerating past historical rates. The expansion is driven by enterprise migration to cloud backup and recovery solutions.
With $900 million in cash and interest coverage at 21.8x, debt servicing is manageable. Free cash flow reached $259 million, getting stronger as recurring SaaS revenue scales.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
2 sold $244K outside pre-planned sales.
Our sealed record on CVLT
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Commvault Systems scores good on the Cluenex quality check (7.3 of 10), measured against its own industry. Profitability is fair, moat strong, growth fast and financial health fair.
In the last 90 days of SEC Form 4 filings: 2 sold $244K outside pre-planned sales.
Oct 27, 2026.
See CVLT today
- Today's verdict on CVLT, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Commvault Systems (CVLT)”, https://cluenex.com/stocks/cvlt/, data as of Oct 10, 2026.