COMMVAULT $CVLT Q2’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $312.4M (Est. $310M) 🟢; +13% YoY 🔹 Adj. EPS: $1.38 (Est. $1.24) 🟢 🔹 Subscription ARR: $1.1B; +20% YoY 🔹 FCF: $70.9M FY27 Guide: 🔹 Subscription Revenue: $1.127B-$1.133B 🔹 Subscription ARR: $1.21B-$1.22B 🔹 Non-GAAP EBIT Margin: 21.0% to 21.5% 🔹 FCF: $255M-$265M 🔹 Diluted Shares: 42M Q3 Guide: 🔹 Subscription Revenue: $293M-$297M 🔹 Non-GAAP EBIT Margin: 20.5% to 21.0% Segment Net Revenue: 🔹 Subscription: $268.5M; +21% YoY 🔹 SaaS: $106.2M; +33% YoY Announcements: 🔹 Active Directory Pre Recover: New Identity Resilience innovation 🔹 FedRAMP High Authorized Cyber Resilience Services: Expanded to managed services providers 🔹 Threat Scan: Integrated with Google Threat Intelligence Other Q2 Metrics: 🔹 Operating Cash Flow: $74.8M 🔹 Subscription NRR: 113% 🔹 Non-GAAP EBIT Margin: 21.9% Comments: 🔸 “Enterprises globally are increasingly turning to Commvault to stay resilient as they navigate more data, more identities, and greater complexity.”