Commvault Systems (CVLT) Gross Margin (2009 - 2026)
Commvault Systems (CVLT) posted Gross Margin of 81.66% for Q2 2026, little changed on a QoQ basis from 81.39% in Q1 2026, and down 33.0% year-over-year from 121.88% in Q2 2025.
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Commvault Systems (CVLT) Gross Margin (2009 - 2026) Analysis & Trends
Commvault Systems has reported Gross Margin for 18 years, with the latest figure at 81.66% in Q2 2026.
- On a quarterly basis, Gross Margin fell 33.0% year-over-year to 81.66% in Q2 2026; TTM through Jun 2026 was 81.09%, a 87.0% decrease from a year earlier, with the FY2026 full-year figure at 81.15%, down 87.0% from the prior year.
- Gross Margin was 81.66% for Q2 2026 at Commvault Systems, roughly flat from 81.39% in the prior quarter.
- The five-year high for Gross Margin was 84.44% in Q1 2022, with the low at 80.07% in Q3 2025.
- Average Gross Margin over 5 years is 82.07%, with a median of 82.03% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 327 bps in 2022, then surged 46 bps in 2024.
- Over 5 years, Gross Margin stood at 82.29% in 2022, then retreated by 0 bps to 81.98% in 2023, then retreated by 1 bps to 81.49% in 2024, then slipped by 0 bps to 81.11% in 2025, then grew by 1 bps to 81.66% in 2026.
- The last three Gross Margin figures came in at 81.66% (Q2 2026), 81.39% (Q1 2026), and 81.11% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 270.94 Bn | 267.83 Bn | 2.03 Bn | 67.55% |
| 2 | CrowdStrike Holdings | 218.20 Bn | 213.22 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 114.65 Bn | 110.58 Bn | 1.64 Bn | 80.24% |
| 4 | Axon Enterprise | 41.89 Bn | 41.22 Bn | 546.45 Mn | 60.42% |
| 5 | Zscaler | 27.69 Bn | 24.21 Bn | - | - |
| 6 | F5 | 22.19 Bn | 20.58 Bn | 711.51 Mn | 82.25% |
| 7 | Rubrik | 19.41 Bn | 17.66 Bn | 335.12 Mn | 78.44% |
| 8 | Gen Digital | 18.36 Bn | 17.80 Bn | 1.03 Bn | 77.02% |
| 9 | Check Point Software Technologies | 14.47 Bn | 12.19 Bn | 574.10 Mn | 85.23% |
| 10 | Commvault Systems | 5.65 Bn | 4.72 Bn | 256.52 Mn | 81.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.66% |
| Mar 31, 2026 | 81.39% |
| Dec 31, 2025 | 81.11% |
| Sep 30, 2025 | 80.07% |
| Jun 30, 2025 | 81.99% |
| Mar 31, 2025 | 82.63% |
| Dec 31, 2024 | 81.49% |
| Sep 30, 2024 | 81.63% |
| Jun 30, 2024 | 82.29% |
| Mar 31, 2024 | 82.47% |
| Dec 31, 2023 | 81.98% |
| Sep 30, 2023 | 81.17% |
| Jun 30, 2023 | 82.06% |
| Mar 31, 2023 | 82.89% |
| Dec 31, 2022 | 82.29% |
| Sep 30, 2022 | 82.82% |
| Jun 30, 2022 | 82.95% |
| Mar 31, 2022 | 84.44% |
| Dec 31, 2021 | 85.19% |
| Sep 30, 2021 | 85.06% |