Company: CVLT
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001169561-25-000089
Chunk: 2

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 2
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37,582 33,396 Interest income3,087 1,732 5,096 3,534 Interest expense(637)(105)(915)(209)Other income, net159 65 220 593 Income before income taxes15,100 16,660 41,983 37,314 Income tax expense370 1,095 3,757 3,222 Net income$14,730 $15,565 $38,226 $34,092 Net income per common share:Basic$0.33 $0.36 $0.86 $0.78 Diluted$0.33 $0.35 $0.84 $0.76 Weighted average common shares outstanding:Basic44,406 43,770 44,366 43,724 Diluted45,195 45,114 45,264 45,095 

See accompanying unaudited notes to consolidated financial statements

2

Commvault Systems, Inc.

Consolidated Statements of Comprehensive Income 

(In thousands)

(Unaudited)

 Three Months Ended September 30,Six Months Ended September 30, 2025202420252024Net income$14,730 $15,565 $38,226 $34,092 Other comprehensive income (loss):Foreign currency translation adjustment, net of tax(468)399 518 360 Comprehensive income$14,262 $15,964 $38,744 $34,452 

See accompanying unaudited notes to consolidated financial statements

3

Commvault Systems, Inc.

Consolidated Statements of Stockholders’ Equity

(In thousands)

(Unaudited)

  Common StockAdditionalPaid – InCapitalAccumulatedDeficitAccumulatedOtherComprehensiveLossTotal SharesAmountBalance as of June 30, 202544,509 $445 $1,503,817 $(1,124,876)$(14,647)$364,739 Stock-based compensation32,224 32,224 Purchase of capped calls, net of tax(76,087)(76,087)Share issuances related to stock-based compensation279 2 6,974 6,976 Repurchase of common stock(737)(7)(7,199)(124,448)(131,654)Net income14,730 14,730 Other comprehensive loss(468