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| Date | Value |
|---|---|
| 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 |