Mon, May 5, 7:49 PM (18 days ago)
### Summary of Commvault Systems, Inc. (CVLT) Fiscal Year 2025 **Financial Performance:** - **Revenue:** Total revenues increased by $156.4 million (19%) year-over-year, driven by a 37% increase in subscription revenue. - **Net Income:** Net income was $76.1 million, compared to $168.9 million in 2024. - **Earnings Per Share (EPS):** Basic EPS was $1.74, and diluted EPS was $1.68. - **Operating Expenses:** Sales and marketing expenses increased by 22%, research and development expenses by 11%, and general and administrative expenses by 21%. **Strategic Overview:** - **Product Offerings:** Commvault provides cyber resiliency solutions across on-premises, hybrid, and multi-cloud environments. Key products include Operational Recovery, Autonomous Recovery, and Cyber Recovery. - **Market Position:** Commvault faces intense competition in the data protection and cyber resiliency market, with competitors like Cohesity, Druva, Rubrik, and Veeam. **Future Outlook:** - **Growth Strategy:** Commvault aims to continue investing in both channel relationships and direct sales force to drive long-term growth. - **Risk Factors:** Key risks include market competition, economic volatility, and dependence on strategic partners like Arrow. **Financial Condition:** - **Cash and Cash Equivalents:** As of March 31, 2025, cash and cash equivalents were $302.1 million. - **Credit Facility:** Commvault has a $300 million revolving credit facility, with no borrowings as of March 31, 2025. **Market Position Changes:** - **Stock Performance:** The stock has shown significant volatility, with a cumulative total stockholder return of 389.72% from March 31, 2020, to March 31, 2025. - **Share Repurchases:** Commvault repurchased $165.0 million of common stock in fiscal 2025, with $91.5 million remaining under the current authorization.