CommVault Systems, Inc.

CVLT Technology Software Application

CommVault Systems, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $1.2 billion, up 18.9% from fiscal 2025.

Revenue
+13.1%
EPS
+113.8%
Free cash flow
−3.69%
Total debt
+0.46%

Quarter to September 2026, against a year earlier

158.34 4.10 −2.52%
Market cap
$6.5B
P/E
81.0×
Fwd P/E
62.1×
Dividend yield
—
F-score
4/9
Altman Z
1.16
Beneish M
−2.96
Dividend safety
n/a

CommVault Systems, Inc. (CVLT) Piotroski F-score

Alert me on Piotroski F-score

CommVault Systems, Inc.'s Piotroski F-score for fiscal 2026 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, down from 6 in fiscal 2025.

Piotroski F-score, annual

Embed this chart

Annual newest first

Period Piotroski F-score Change (points)
FY2026 4 (2.00)
FY2025 6 0.00
FY2024 6 0.00
FY2023 6 (2.00)
FY2022 8 3.00
FY2021 5 2.00
FY2020 3 (4.00)
FY2019 7 3.00
FY2018 4 (3.00)
FY2017 7 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 4.70% 7.38% Pass 1
Positive operating cash flow 244.68m 207.38m Pass 1
Rising return on assets 4.70% 7.38% Fail 0
Cash flow above net income 174.02m 131.28m Pass 1
Falling long-term leverage 0.59 0.00 Fail 0
Rising current ratio 1.95 1.14 Pass 1
No new shares issued 43,976,000 43,850,000 Fail 0
Rising gross margin 81.15% 82.02% Fail 0
Rising asset turnover 0.79 0.97 Fail 0
Piotroski F-score Mixed 4

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

More on CVLT