Company / R&D Expense
CommVault Systems R&D Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$146.3M
FY2024
5-year range
$132.3M / $153.6M
FY2020-FY2024
Trend
+10.5%
vs FY2023
Sector context
#143 of 248
Information Technology
What the data says
At $146M, CommVault Systems's r&d expense ranks #143 of 248 in the Information Technology sector. R&D Expense returned to growth in FY2024 after 2 years of decline, reaching $146M.
Based on SEC 10-K filings.
$146M in FY2024 with a 5-year CAGR of +5.9%.
Improved from $142M to $146M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -1.6%
- 5-Year CAGR
- +5.9%
- 10-Year CAGR
- -
Sector benchmark
#143 of 248 in Information TechnologyTop 58% of 248This company $146.3M Sector average $941.5M
▼
-84.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.9%, indicating consistent growth.
- In FY2024, r&d expense increased 10.5% year-over-year.
- Ranks #143 out of 248 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -0.64 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $146.3M | +10.5% |
| FY2023 | $132.3M | -6.7% |
| FY2022 | $141.8M | -7.7% |
| FY2021 | $153.6M | +15.2% |
| FY2020 | $133.4M | +21.3% |
| FY2019 | $110.0M | +18.8% |
| FY2018 | $92.6M | +1.8% |
| FY2017 | $91.0M | +14.4% |
| FY2016 | $79.6M | +14.8% |
As of FY2024 · SEC 10-K · Updated Mar 29, 2026