Commvault Systems (CVLT) Gross Margin (2009 - 2026)
Commvault Systems' Gross Margin came in at 81.66% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 0.33 percentage points from 81.99% a year earlier but up 0.27 percentage points from the prior quarter.
Commvault Systems (CVLT) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Commvault Systems reported Gross Margin of 81.09%, down 0.87 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 81.15%, down 0.87 percentage points from FY2025.
- Gross Margin carries a five-year change of -3.73 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 82.02% in FY2025 (+0.08 pp), 81.93% in FY2024 (-0.81 pp), 82.74% in FY2023 (-2.46 pp) and 85.21% in FY2022 (+0.32 pp).
- The five-year range for quarterly Gross Margin is 80.07% (fiscal Q2 2026) to 85.19% (fiscal Q3 2022).
- Year-over-year, Gross Margin has declined for five consecutive quarters, with an average year-over-year change of -0.46 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q2 2022 (a gain of 0.72 percentage points), and the weakest in fiscal Q1 2023 (a drop of 3.27 percentage points).
- Business Quant data shows CVLT's Gross Margin at 81.39% (Q4 2026), 81.11% (Q3 2026) and 80.07% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 78.59% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 60.42% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 79.63% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 0.03% |
| 10 | Commvault Systems | 6.13 Bn | 2.22 Bn | 256.52 Mn | 81.66% |
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% |
Commvault Systems Gross Margin 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=gross-margin&ticker=CVLT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=CVLT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();