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Gross Margin % is calculated as gross profit divided by its revenue. CommVault Systems's Gross Profit for the three months ended in Sep. 2024 was $190.4 Mil. CommVault Systems's Revenue for the three months ended in Sep. 2024 was $233.3 Mil. Therefore, CommVault Systems's Gross Margin % for the quarter that ended in Sep. 2024 was 81.63%.
The historical rank and industry rank for CommVault Systems's Gross Margin % or its related term are showing as below:
During the past 13 years, the highest Gross Margin % of CommVault Systems was 86.79%. The lowest was 81.93%. And the median was 85.05%.
CommVault Systems had a gross margin of 81.63% for the quarter that ended in Sep. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for CommVault Systems was -0.30% per year.
The historical data trend for CommVault Systems's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CommVault Systems Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Gross Margin % | Get a 7-Day Free Trial | 82.55 | 84.88 | 85.21 | 82.74 | 81.93 |
CommVault Systems Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Gross Margin % | Get a 7-Day Free Trial | 81.17 | 81.98 | 82.47 | 82.29 | 81.63 |
For the Software - Application subindustry, CommVault Systems's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Software industry and Technology sector, CommVault Systems's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CommVault Systems's Gross Margin % falls into.
Gross Margin is the percentage of Gross Profit out of sales or Revenue.
CommVault Systems's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as
Gross Margin % (A: Mar. 2024 ) | = | Gross Profit (A: Mar. 2024 ) | / | Revenue (A: Mar. 2024 ) |
= | 687.6 | / | 839.247 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (839.247 - 151.61) | / | 839.247 | |
= | 81.93 % |
CommVault Systems's Gross Margin for the quarter that ended in Sep. 2024 is calculated as
Gross Margin % (Q: Sep. 2024 ) | = | Gross Profit (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 190.4 | / | 233.278 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (233.278 - 42.862) | / | 233.278 | |
= | 81.63 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
CommVault Systems (NAS:CVLT) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
CommVault Systems had a gross margin of 81.63% for the quarter that ended in Sep. 2024 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Thank you for viewing the detailed overview of CommVault Systems's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Allison Pickens | director | 471 29TH STREET, SAN FRANCISCO CA 94131 |
Gary Merrill | officer: Chief Financial Officer | 2 CRESCENT PLACE, OCEANPORT NJ 07757 |
Sanjay Mirchandani | director, officer: President & CEO | 188 MINNA STREET, #29C, SAN FRANCISCO CA 94105 |
Vivie Lee | director | 126 SIERRA POINT ROAD, BRISBANE CA 94005 |
Nicola Adamo | director | 10 MAACKA DRIVE, HOLMDEL NJ 07733 |
Keith Geeslin | director | C/O FRANCISCO PARTNERS, ONE LETTERMAN DRIVE, BLDG. C, STE. 410, SAN FRANCISCO CA 94129 |
Charles E Moran | director | 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339 |
Martha Helena Bejar | director | C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002 |
Blasio Riccardo Di | officer: Chief Revenue Officer | 1226 COLUMBUS BLVD, CORAL GABLES FL 33134 |
James J. Whalen | officer: Chief Accounting Officer | 26 SAGAMORE AVENUE, OCEANPORT NJ 07757 |
David F Walker | director | 14388 EAGLE POINTE DR, CLEARWATER FL 337622214 |
A Shane Sanders | director | 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037 |
Arlen Shenkman | director | C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309 |
Richard Todd Bradley | director | C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304 |
Brian Carolan | officer: Chief Accounting Officer | COMMVAULT SYSTEMS INC, 2 CRESCENT PL, OCEANPORT NJ 07757-0900 |
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