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Commvault sees FY26 revenue $1.161B-$1.165B, consensus $1.16B

FY26: Total ARR is expected to grow between 18%-19% year over year; Subscription revenue is expected to be between $753M-$757M. Non-GAAP gross margin is expected to be between 80.5%-81.5%. Free cash flow is expected to be between $225M-$230M.

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