TacticScaleWhat Commvault Systems Does & How It Makes Money (CVLT)
Updated October 2026 · reflects Commvault Systems's latest reported financials
Enterprise data backup, recovery, and cyber resilience software company. It sells data protection and cyber recovery software, cloud offerings, and scale-out backup solutions to enterprises.
How Commvault Systems makes money
It sells data protection and cyber recovery software, cloud offerings, and scale-out backup solutions to enterprises. It also earns revenue from support, consulting, education, recovery, and managed services.
What Commvault Systems does
Commvault Systems is a New Jersey-based enterprise software company, incorporated in 1996, focused on cyber resiliency: protecting, securing, and recovering data, applications, and identity systems. Its offerings are tiered: Operational Recovery covers core backup and restore, Autonomous Recovery adds automation and orchestration to reduce downtime, and Cyber Recovery adds threat detection and clean recovery for ransomware incidents. Beyond software, the portfolio includes isolated cloud storage (Air Gap Protect), on-demand cloud cleanrooms for recovery, the scale-out HyperScale Grid and HyperScale Flex, and cloud-focused tools such as Cloud Rewind and Clumio Backtrack. It also sells support, consulting, and managed services, and serves customers across the Americas, EMEA, and Asia-Pacific.
Products & services
- Commvault Cloud Air Gap Protect
- Commvault Cleanroom Recovery
- Commvault HyperScale Grid / HyperScale Flex
- Commvault Threatscan
- Cloud Rewind
- Clumio Backtrack
What is Commvault Systems worth?
On an owner-earnings DCF, Commvault Systems's most-likely value is about $220 versus a recent price near $157 (40% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$72) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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