-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
CVLT delivered solid Q4 results, with revenue of $312M (+13% Y/Y) beating consensus by $5.3M, and non-GAAP EPS of $1.28 exceeding estimates by $0.19. Full-year FY26 revenue reached $1,184M (+19% Y/Y), above guidance, fueled by subscription revenue growth of 30% and a SaaS revenue surge of 52%. Strong operational execution was evidenced by total ARR of $1,122M (+21% Y/Y, 18% constant currency), SaaS ARR of $400M (+40% Y/Y), and record Q4 free cash flow of $132M (+73% Y/Y), while the company repurchased $259M in shares during the quarter. For FY27, CVLT guided subscription revenue of $1,115-1,125M (+46% midpoint) and total revenue of $1,300-1,310M (+11% midpoint), though the revenue midpoint trails consensus of $1,314M. We believe the company's strong SaaS momentum, with net dollar retention improving to 122%, and guided non-GAAP EBIT margin expansion to 20.5% demonstrate solid execution and strong positioning for continued growth in the evolving data protection market.