Commvault Systems, Inc. (CVLT) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Commvault Q44 Year 2026 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, just press star followed by the number one on your telephone keypad. And if you would like to withdraw your question, press star one again. Thank you. Now I would like to turn the call over to Mike Molnick, Vice President of Investor Relations. Please go ahead, Mike. Good morning, and welcome to our earnings conference call. Before we begin, I'd like to remind you that statements made on today's call will include forward-looking statements about Commvault's future expectations, plans, and prospects. All such forward-looking statements are subject to risks, uncertainties, and assumptions. Please refer to the cautionary language in today's earnings release and Commvault's most recent periodic reports filed with the SEC for discussion of the risk and uncertainties that could cause the company's actual results to be materially different from those contemplated in these forward-looking statements. Commvault does not assume any obligation to update these statements. All Commvault's financial results are presented on a non-GAAP basis. A reconciliation between the non-GAAP and GAAP measures can be found on our website. Thank you again for joining us. Now I'll turn it over to our CEO, Sanjay Merchandani, for his opening remarks. Sanjay? Good morning, and thank you for joining us. We had a strong finish to the fiscal year, delivering results at or above our guided metrics, while continuing to build momentum across the business. In the fourth quarter, subscription ARR increased 27% to $989 million. This was led ...