BlackBerry vs CommVault Systems
CommVault Systems reported revenue of $1.2 billion in fiscal 2026, 2.2 times BlackBerry's $549 million in fiscal 2026. BlackBerry's revenue grew 2.6% in its latest year, and CommVault Systems' grew 18.9%. BlackBerry had an operating margin of 8.8%, against 6.2% at CommVault Systems. Free cash flow was $46 million at BlackBerry and $237 million at CommVault Systems. Their fiscal years end in different months (February 28 and March 31), so the periods don't line up exactly.
Side by side
| BlackBerry | CommVault Systems | |
|---|---|---|
| Latest fiscal year | FY2026, Feb 28, 2026 | FY2026, Mar 31, 2026 |
| Revenue | $549M | $1.2B |
| Revenue growth | 2.6% | 18.9% |
| Revenue growth a year, last 5 years | −9.3% | 10.3% |
| Gross margin | 76.2% | 81.2% |
| Operating margin | 8.8% | 6.2% |
| Net margin | 9.7% | 6.0% |
| Free cash flow | $46M | $237M |
| Free cash flow margin | 8.5% | 20.0% |
| Return on capital | 7.5% | — |
| Net debt to EBITDA | −2.5x | −0.2x |
| Dividends and buybacks | $61M | $446M |
| Change in diluted share count | 1.0% | −1.2% |
| Last close | $9.19 | $167.73 |
| P/E at the last close | 76.6× | 106.8× |
| Insider trades, last 12 months | sold $8.7 million | sold $18.0 million |
| Piotroski F-score | 6 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BlackBerryCommVault Systems
Operating margin
Percent of revenue
BlackBerryCommVault Systems
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BlackBerryCommVault Systems
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the BlackBerry and CommVault Systems pages.