Commvault Systems (CVLT) Cost of Revenue (2009 - 2026)
Commvault Systems (CVLT) posted Cost of Revenue of $58.87 million for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 7.0% from $55.04 million a year earlier and up 2.2% from the prior quarter.
Commvault Systems (CVLT) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cost of Revenue at Commvault Systems was $233.78 million, up 15.6% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $223.12 million, up 24.6% from FY2025.
- Annual Cost of Revenue has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 15.3% (FY2021 to FY2026).
- In prior fiscal years, Commvault Systems' Cost of Revenue was $179.04 million in FY2025 (+18.1%), $151.61 million in FY2024 (+12.0%), $135.4 million in FY2023 (+18.9%) and $113.86 million in FY2022 (+4.1%).
- Quarterly Cost of Revenue has run from a low of $29.96 million in fiscal Q3 2022 to a high of $59.3 million in fiscal Q3 2026 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last 20 quarters, with growth averaging 20.8% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 5.3% (fiscal Q1 2024) and 33.6% (fiscal Q1 2023) over the last five years.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $57.61 million (Q1 2027), $58 million (Q4 2026) and $59.3 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | 1.11 Bn |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | 510.08 Mn |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 437.50 Mn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 237.17 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | 208.96 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | 164.00 Mn |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | 357.94 Mn |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 202.01 Mn |
| 10 | Commvault Systems | 6.54 Bn | 2.79 Bn | 253.52 Mn | 58.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 58.87 Mn |
| Jun 30, 2026 | 57.61 Mn |
| Mar 31, 2026 | 58.00 Mn |
| Dec 31, 2025 | 59.30 Mn |
| Sep 30, 2025 | 55.04 Mn |
| Jun 30, 2025 | 50.78 Mn |
| Mar 31, 2025 | 47.77 Mn |
| Dec 31, 2024 | 48.62 Mn |
| Sep 30, 2024 | 42.86 Mn |
| Jun 30, 2024 | 39.79 Mn |
| Mar 31, 2024 | 39.15 Mn |
| Dec 31, 2023 | 39.06 Mn |
| Sep 30, 2023 | 37.85 Mn |
| Jun 30, 2023 | 35.55 Mn |
| Mar 31, 2023 | 34.81 Mn |
| Dec 31, 2022 | 34.54 Mn |
| Sep 30, 2022 | 32.30 Mn |
| Jun 30, 2022 | 33.76 Mn |
| Mar 31, 2022 | 32.05 Mn |
| Dec 31, 2021 | 29.96 Mn |
Commvault Systems Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CVLT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CVLT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CVLT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();