Commvault Systems (CVLT) Operating Expenses (2009 - 2026)

Commvault Systems (CVLT) recorded quarterly Operating Expenses of $237.0 million in Q1 2026, up 0.97% quarter-over-quarter from $234.8 million in Q4 2025, and up 18.2% on a YoY basis from $200.5 million in Q1 2025.

Commvault Systems (CVLT) Operating Expenses (2009 - 2026) Analysis & Trends

Commvault Systems' Operating Expenses history runs 18 years deep, the most recent figure standing at $237.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 18.2% year-over-year to $237.0 million; the TTM figure through Mar 2026 stood at $886.6 million (up 19.35% YoY), while the FY2026 annual figure was $886.6 million, up 19.35% from the prior year.
  • Operating Expenses was $237.0 million for Q1 2026 at Commvault Systems, up from $234.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $237.0 million in Q1 2026 to a low of $144.1 million in Q2 2023.
  • Historically, Operating Expenses has averaged $180.5 million across 5 years, with a median of $166.5 million in 2024.
  • Biggest YoY gain for Operating Expenses was 27.89% in 2024; the steepest drop was 19.57% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $155.5 million in 2022, then grew by 0.76% to $156.7 million in 2023, then grew by 27.89% to $200.4 million in 2024, then rose by 17.15% to $234.8 million in 2025, then climbed by 0.97% to $237.0 million in 2026.
  • The last three Operating Expenses figures came in at $237.0 million (Q1 2026), $234.8 million (Q4 2025), and $208.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Commvault Systems 5.53 Bn 4.63 Bn 253.69 Mn 237.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 237.05 Mn
Dec 31, 2025 234.77 Mn
Sep 30, 2025 208.65 Mn
Jun 30, 2025 206.11 Mn
Mar 31, 2025 200.55 Mn
Dec 31, 2024 200.40 Mn
Sep 30, 2024 175.45 Mn
Jun 30, 2024 166.46 Mn
Mar 31, 2024 165.96 Mn
Dec 31, 2023 156.70 Mn
Sep 30, 2023 145.51 Mn
Jun 30, 2023 144.12 Mn
Mar 31, 2023 206.34 Mn
Dec 31, 2022 155.52 Mn
Sep 30, 2022 146.44 Mn
Jun 30, 2022 156.78 Mn
Mar 31, 2022 162.46 Mn
Dec 31, 2021 160.06 Mn
Sep 30, 2021 149.00 Mn
Jun 30, 2021 142.65 Mn