Company: CVLT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001169561-25-000069
Chunk: 0

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 1
Chunk 0
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Table of Contents

Commvault Systems, Inc.

Consolidated Balance Sheets

(In thousands, except per share data)

(Unaudited)

June 30,2025March 31,2025ASSETSCurrent assets:Cash and cash equivalents$363,234 $302,103 Trade accounts receivable, net255,448 251,995 Assets held for sale— 34,770 Other current assets48,448 46,189 Total current assets667,130 635,057 Deferred tax assets, net130,139 133,378 Property and equipment, net9,826 8,294 Operating lease assets29,029 10,124 Deferred commissions cost82,874 79,309 Intangible assets, net19,666 20,737 Goodwill185,255 185,255 Other assets52,518 46,112 Total assets$1,176,437 $1,118,266 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilities:Accounts payable$50 $373 Accrued liabilities107,219 147,133 Current portion of operating lease liabilities5,558 4,614 Deferred revenue423,156 402,930 Total current liabilities535,983 555,050 Deferred revenue, less current portion241,714 223,282 Deferred tax liabilities1,503 1,384 Long-term operating lease liabilities24,059 6,338 Other liabilities8,439 7,090 Commitments and contingencies (Note 6)Stockholders’ equity:Preferred stock, $0.01 par value: 50,000 shares authorized, no shares issued and outstanding— — Common stock, $0.01 par value: 250,000 shares authorized, 44,509 shares and 44,104 shares issued and outstanding at June 30, 2025 and March 31, 2025, respectively445 441 Additional paid-in capital1,503,817 1,474,377 Accumulated deficit(1,124,876)(1,134,063)Accumulated other comprehensive loss(14,647)(15,633)Total stockholders’ equity364,739 325,122 Total liabilities and stockholders’ equity$1,176,437 $1,118,266 

See accompanying unaudited notes to consolidated financial statements

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