Commvault Systems Inc
NASDAQ:CVLT
Income Statement
Earnings Waterfall
Commvault Systems Inc
Revenue
|
819.5m
USD
|
Cost of Revenue
|
-147.4m
USD
|
Gross Profit
|
672.1m
USD
|
Operating Expenses
|
-595.1m
USD
|
Operating Income
|
77.1m
USD
|
Other Expenses
|
-77.8m
USD
|
Net Income
|
-760k
USD
|
Income Statement
Commvault Systems Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
568
N/A
|
586
+3%
|
605
+3%
|
614
+2%
|
614
0%
|
608
-1%
|
594
-2%
|
584
-2%
|
586
+0%
|
594
+1%
|
606
+2%
|
625
+3%
|
637
+2%
|
645
+1%
|
659
+2%
|
668
+1%
|
681
+2%
|
699
+3%
|
710
+1%
|
711
+0%
|
715
+1%
|
711
0%
|
697
-2%
|
696
0%
|
688
-1%
|
671
-2%
|
682
+2%
|
685
+1%
|
697
+2%
|
724
+4%
|
734
+1%
|
741
+1%
|
755
+2%
|
770
+2%
|
784
+2%
|
794
+1%
|
787
-1%
|
785
0%
|
785
+0%
|
798
+2%
|
820
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(72)
|
(74)
|
(78)
|
(80)
|
(81)
|
(82)
|
(82)
|
(82)
|
(83)
|
(83)
|
(83)
|
(84)
|
(85)
|
(85)
|
(86)
|
(88)
|
(91)
|
(98)
|
(104)
|
(108)
|
(112)
|
(117)
|
(118)
|
(123)
|
(124)
|
(117)
|
(113)
|
(109)
|
(106)
|
(109)
|
(110)
|
(110)
|
(112)
|
(114)
|
(122)
|
(128)
|
(133)
|
(135)
|
(137)
|
(143)
|
(147)
|
|
Gross Profit |
496
N/A
|
512
+3%
|
527
+3%
|
534
+1%
|
533
0%
|
526
-1%
|
512
-2%
|
501
-2%
|
504
+0%
|
511
+2%
|
523
+2%
|
541
+3%
|
552
+2%
|
560
+1%
|
573
+2%
|
581
+1%
|
590
+2%
|
601
+2%
|
606
+1%
|
603
0%
|
603
N/A
|
594
-1%
|
579
-3%
|
573
-1%
|
563
-2%
|
554
-2%
|
569
+3%
|
577
+1%
|
591
+2%
|
614
+4%
|
624
+2%
|
631
+1%
|
644
+2%
|
656
+2%
|
662
+1%
|
666
+1%
|
654
-2%
|
649
-1%
|
648
0%
|
655
+1%
|
672
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(398)
|
(411)
|
(430)
|
(452)
|
(474)
|
(487)
|
(498)
|
(503)
|
(506)
|
(507)
|
(516)
|
(530)
|
(540)
|
(560)
|
(576)
|
(587)
|
(597)
|
(602)
|
(600)
|
(591)
|
(579)
|
(572)
|
(562)
|
(553)
|
(558)
|
(550)
|
(554)
|
(561)
|
(561)
|
(574)
|
(576)
|
(585)
|
(600)
|
(608)
|
(621)
|
(619)
|
(606)
|
(596)
|
(586)
|
(585)
|
(595)
|
|
Selling, General & Administrative |
(340)
|
(350)
|
(366)
|
(386)
|
(403)
|
(414)
|
(423)
|
(426)
|
(428)
|
(428)
|
(435)
|
(445)
|
(452)
|
(468)
|
(480)
|
(489)
|
(496)
|
(498)
|
(494)
|
(483)
|
(472)
|
(469)
|
(460)
|
(452)
|
(446)
|
(428)
|
(422)
|
(419)
|
(417)
|
(426)
|
(426)
|
(431)
|
(442)
|
(445)
|
(453)
|
(452)
|
(445)
|
(445)
|
(444)
|
(450)
|
(460)
|
|
Research & Development |
(52)
|
(55)
|
(57)
|
(60)
|
(63)
|
(64)
|
(66)
|
(66)
|
(68)
|
(69)
|
(72)
|
(76)
|
(79)
|
(84)
|
(87)
|
(90)
|
(92)
|
(94)
|
(96)
|
(98)
|
(97)
|
(93)
|
(91)
|
(90)
|
(98)
|
(110)
|
(118)
|
(125)
|
(131)
|
(133)
|
(138)
|
(145)
|
(149)
|
(154)
|
(158)
|
(157)
|
(150)
|
(142)
|
(133)
|
(127)
|
(129)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
(6)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(13)
|
(16)
|
(18)
|
(21)
|
(18)
|
(15)
|
(12)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(8)
|
(7)
|
(6)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
97
N/A
|
101
+3%
|
97
-4%
|
82
-16%
|
59
-28%
|
39
-34%
|
14
-63%
|
(1)
N/A
|
(3)
-117%
|
4
N/A
|
7
+61%
|
12
+63%
|
12
+3%
|
(1)
N/A
|
(3)
-400%
|
(7)
-184%
|
(7)
-4%
|
(1)
+91%
|
5
N/A
|
11
+128%
|
23
+105%
|
22
-7%
|
17
-23%
|
20
+19%
|
6
-70%
|
4
-29%
|
15
+257%
|
16
+6%
|
29
+83%
|
40
+37%
|
48
+20%
|
45
-6%
|
43
-5%
|
48
+11%
|
40
-16%
|
47
+16%
|
49
+4%
|
53
+9%
|
62
+17%
|
70
+13%
|
77
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
1
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(2)
|
(0)
|
(0)
|
0
|
(3)
|
(2)
|
(2)
|
(0)
|
4
|
6
|
6
|
6
|
5
|
4
|
1
|
0
|
3
|
3
|
4
|
4
|
1
|
1
|
1
|
1
|
1
|
1
|
3
|
3
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
(13)
|
(15)
|
(11)
|
(23)
|
(20)
|
(21)
|
(20)
|
(53)
|
(63)
|
(64)
|
(63)
|
(17)
|
(6)
|
(6)
|
(7)
|
(6)
|
(15)
|
(69)
|
(67)
|
(67)
|
(58)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
(0)
|
0
|
0
|
(0)
|
|
Pre-Tax Income |
98
N/A
|
101
+3%
|
98
-3%
|
82
-16%
|
59
-28%
|
39
-34%
|
14
-63%
|
(1)
N/A
|
(3)
-108%
|
4
N/A
|
7
+75%
|
11
+63%
|
12
+1%
|
(2)
N/A
|
(3)
-40%
|
(7)
-154%
|
(7)
+1%
|
(4)
+50%
|
(5)
-49%
|
2
N/A
|
10
+567%
|
10
+4%
|
12
+12%
|
3
-76%
|
(9)
N/A
|
(13)
-37%
|
(1)
+94%
|
(36)
-4 388%
|
(33)
+7%
|
(21)
+37%
|
(13)
+40%
|
32
N/A
|
42
+32%
|
43
+4%
|
35
-19%
|
42
+20%
|
35
-18%
|
(15)
N/A
|
(3)
+81%
|
6
N/A
|
23
+282%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(33)
|
(37)
|
(35)
|
(30)
|
(21)
|
(13)
|
(3)
|
(3)
|
0
|
(2)
|
(7)
|
(2)
|
(5)
|
2
|
5
|
8
|
(29)
|
(40)
|
(47)
|
(52)
|
(12)
|
(7)
|
(6)
|
(6)
|
(8)
|
7
|
4
|
5
|
5
|
(10)
|
(7)
|
(8)
|
(10)
|
(10)
|
(12)
|
(16)
|
(19)
|
(20)
|
(24)
|
(24)
|
(24)
|
|
Income from Continuing Operations |
66
|
64
|
63
|
53
|
38
|
26
|
12
|
(4)
|
(2)
|
2
|
1
|
10
|
7
|
(1)
|
2
|
1
|
(36)
|
(44)
|
(52)
|
(50)
|
(2)
|
4
|
5
|
(3)
|
(17)
|
(6)
|
3
|
(31)
|
(28)
|
(31)
|
(19)
|
24
|
32
|
34
|
23
|
26
|
16
|
(36)
|
(27)
|
(18)
|
(1)
|
|
Net Income (Common) |
66
N/A
|
64
-2%
|
63
-1%
|
53
-17%
|
38
-28%
|
26
-32%
|
12
-54%
|
(4)
N/A
|
(2)
+45%
|
2
N/A
|
1
-71%
|
10
+1 820%
|
7
-30%
|
(1)
N/A
|
2
N/A
|
1
-50%
|
(60)
N/A
|
(62)
-3%
|
(70)
-13%
|
(68)
+3%
|
4
N/A
|
4
-10%
|
5
+47%
|
(3)
N/A
|
(17)
-522%
|
(6)
+67%
|
3
N/A
|
(31)
N/A
|
(28)
+8%
|
(31)
-10%
|
(19)
+38%
|
24
N/A
|
32
+35%
|
34
+5%
|
23
-31%
|
26
+12%
|
16
-40%
|
(36)
N/A
|
(27)
+25%
|
(18)
+32%
|
(1)
+96%
|
|
EPS (Diluted) |
1.31
N/A
|
1.29
-2%
|
1.32
+2%
|
1.11
-16%
|
0.8
-28%
|
0.54
-33%
|
0.25
-54%
|
-0.09
N/A
|
-0.06
+33%
|
0.04
N/A
|
0.01
-75%
|
0.21
+2 000%
|
0.13
-38%
|
-0.01
N/A
|
0.03
N/A
|
0.01
-67%
|
-1.32
N/A
|
-1.36
-3%
|
-1.54
-13%
|
-1.42
+8%
|
0.08
N/A
|
0.07
-13%
|
0.1
+43%
|
-0.05
N/A
|
-0.37
-640%
|
-0.12
+68%
|
0.07
N/A
|
-0.66
N/A
|
-0.58
+12%
|
-0.66
-14%
|
-0.4
+39%
|
0.49
N/A
|
0.67
+37%
|
0.71
+6%
|
0.5
-30%
|
0.56
+12%
|
0.34
-39%
|
-0.8
N/A
|
-0.61
+24%
|
-0.42
+31%
|
-0.03
+93%
|