Commvault Surpasses $1 Billion in Annual Recurring Revenue
Commvault reported total revenue of $276 million for the second quarter of fiscal 2026, an 18% increase year over year, announced in a press release. The company also exceeded $1 billion in annual recurring revenue (ARR), reaching the milestone two quarters earlier than expected.
Operating cash flow reached $77 million, with free cash flow at $74 million. The company credited strong ARR and SaaS growth for its quarterly performance.
Recent business highlights included the acquisition of Satori Cyber, the launch of Clumio for Apache Iceberg on AWS, and the introduction of HyperScale Edge and HyperScale Flex products. For the third quarter of fiscal 2026, Commvault expects total revenue between $298 million and $300 million, with subscription revenue projected between $195 million and $197 million.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Cybersecurity AI Weekly, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Cybersecurity
Oct 16 SpartanX names Erik Hardy CEO and launches vendor risk testing Oct 16 Inlayer, JLINC and Vconic Introduce Human Verification for Calls Oct 16 CTM and Huawei Plan AI Network Security Upgrades in Macao Oct 16 Advantech and DEKRA Partner on Industrial Cybersecurity Compliance Oct 15 Cyfendo Offers AI Code Scanning and Patch Review for Small BusinessesMore from Funding
Oct 16 Intuit Agrees to Acquire AI Billing Startup Sequence for Reported $200 Million Oct 16 Matters Raises $5 Million to Build AI Consumer Bank Oct 16 KP Labs raises €4.42 million for AI data processing in orbit Oct 15 Origin Raises $20 Million for Autonomous Construction Robots Oct 15 Symbe Raises $5.7 Million for AI Sales PlatformCybersecurity AI Weekly
Weekly newsletter about AI in Cybersecurity.
Whitepaper
Tensordyne Napier: What If One Rack Could Do the Work of Nine?
Tensordyne
This Tensordyne whitepaper presents Napier, an inference-focused AI processor and rack-scale system based on the company’s TDN Math logarithmic number system. It examines infrastructure requirements for large mixture-of-experts and agentic models, compares major inference architecture approaches, and details the TDN AIP processor, TDN72 pod, TDN Link fabric, and Napier Ultra configuration. The paper reports simulation-based performance, cost, and accuracy-validation results, including Tensordyne’s projected comparison of one Napier rack with a nine-rack Nvidia Rubin plus Groq deployment; the chip is reported as taped out and in fabrication.
Read moreYou may also like
Commvault Adds Recovery for Claude and OpenClaw Data
HCLTech Advanced AI Revenue Reaches $219 Million in Second Quarter
OpenAI Annualized Recurring Revenue Nears $70 Billion
Persistent Systems Q2 Revenue Rises 20% to $487.6 Million
Data Center Infrastructure Market Reaches $14 Billion as AI Demand Grows
Daily AI Brief: the AI news that matters, in your inbox.