Every material Form 8-K CommVault Systems filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Commvault reported fiscal second-quarter 2027 results for the period ended September 30, 2026. Total revenue rose 13% year over year to $312.4 million, GAAP net income more than doubled to $29.1 million, and the company updated its full-year fiscal 2027 outlook, including subscription revenue of $1,127 million to $1,133 million.
Total revenue was $312.4 million, up 13% year over year; subscription revenue was $268.5 million, up 21%
GAAP diluted EPS was $0.69 versus $0.33 a year earlier; non-GAAP diluted EPS was $1.38 versus $0.91
Subscription ARR reached $1,104 million, up 20% year over year, and full-year subscription ARR guidance midpoint was raised to $1,210 million from $1,205 million
Full-year fiscal 2027 guidance: subscription revenue of $1,127 million to $1,133 million, non-GAAP EBIT margin of 21.0% to 21.5%, and free cash flow of $255 million to $265 million
Commvault appointed David Morton Jr. to its board of directors on September 22, 2026, to serve until the 2027 Annual Meeting of Stockholders, and he also became chairperson of the Operating Committee. The board determined that Morton is independent under Nasdaq listing standards, and he is currently executive vice president and CFO of Intapp, Inc. The filing includes no financial results; it describes his role and director pay, which is prorated for his partial term.
Appointed to the board on September 22, 2026, with a term until the 2027 Annual Meeting of Stockholders
Designated Chairperson of the Operating Committee
Currently EVP and CFO of Intapp, Inc., a role held since 2023; previously CFO at DigiCert and Anaplan, and EVP and CFO at Seagate Technology from 2015 to 2018
Press release announcing the appointment dated September 24, 2026, furnished as Exhibit 99.1
Commvault reported first-quarter fiscal 2027 revenue of $314.1 million, up 11% year over year, with subscription revenue up 16% to $267.0 million. GAAP diluted earnings per share fell to $0.50 from $0.52 a year earlier, including a $2.4 million restructuring charge, while non-GAAP diluted EPS rose to $1.42 from $1.01. The company also updated its full-year fiscal 2027 subscription revenue and free cash flow guidance.
Total revenue was $314.1 million, up 11% year over year; subscription revenue was $267.0 million, up 16%.
GAAP net income was $21.1 million, down from $23.5 million; GAAP diluted EPS was $0.50 versus $0.52.
Non-GAAP diluted EPS was $1.42 versus $1.01; free cash flow was $51.1 million, up 71%.
Updated fiscal 2027 guidance: subscription revenue of $1,119 million to $1,129 million and free cash flow of $250 million to $260 million.
Commvault reported fourth-quarter fiscal 2026 revenue of $312 million, up 13% year over year, and non-GAAP diluted earnings per share of $1.28, up from $1.03. GAAP net income fell to $15 million, or $0.34 per diluted share, from $31 million, after an $18.6 million restructuring charge. The company also gave fiscal 2027 guidance for total revenues of $1,300 million to $1,310 million and free cash flow of $250 million to $260 million.
Q4 fiscal 2026 total revenues were $312 million, up 13% year over year; SaaS revenue was $93 million, up 43%.
GAAP net income was $15 million ($0.34 per diluted share) versus $31 million ($0.69) a year earlier; restructuring expense was $18.6 million.
Non-GAAP diluted EPS was $1.28 versus $1.03; operating cash flow was $132 million.
Fiscal 2027 guidance: total revenues $1,300 million to $1,310 million; subscription revenue $1,115 million to $1,125 million; free cash flow $250 million to $260 million.
Commvault appointed Gary Merrill as Chief Financial Officer effective April 13, 2026, ending his role as Chief Commercial Officer, and named director Geoff Haydon as President of Customer and Field Operations, with Haydon resigning from the Board. The company also reaffirmed its fourth quarter and fiscal 2026 guidance issued January 27, 2026, which gives shareholders no new financial figures but confirms the outlook before the next earnings call on April 28, 2026.
Gary Merrill, who has been Chief Commercial Officer since August 2024 and was CFO from 2022 to 2024, becomes CFO effective April 13, 2026.
Merrill's offer letter sets a $500,000 base salary and a $500,000 annualized target variable award, plus sign-on RSUs of about $1,000,000 and an equity award of about $5,000,000.
Haydon, a Board member since October 2025, notified the Board on April 8, 2026 that he would resign as a director; his offer letter sets a $500,000 base salary and sign-on equity of about $5,500,000.
Commvault reaffirmed its fourth quarter and fiscal 2026 guidance and will hold its next earnings call on April 28, 2026.
Commvault reported fiscal third-quarter results for the period ended December 31, 2025, with revenue of $314 million, up 19% year over year, and GAAP net income of $18 million, or $0.40 per diluted share, versus $0.24 a year earlier. The company also updated its full-year fiscal 2026 guidance, now calling for total revenue of $1,177 million to $1,180 million, and said a restructuring charge of $11.9 million in the quarter relates to a cost optimization program.
Q3 total revenue was $313.8 million, up 19%; subscription revenue was $206 million, up 30%.
GAAP diluted EPS was $0.40 versus $0.24 a year earlier; non-GAAP diluted EPS was $1.17 versus $0.94.
Restructuring expense was $11.9 million in the quarter; operating cash flow was $4 million, with free cash flow of $2 million.
Full-year fiscal 2026 free cash flow is expected at $215 million to $220 million, including one-time payments tied to the restructuring plan; the board made $250 million available for share repurchases as of January 14, 2026.
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