Commvault sees FY26 revenue $1.130B-$1.140B, consensus $1.1B

Sees FY26 total ARR up 16%-17% year over year; subscription revenue $727M-$732M; subscription ARR up 22%-23% year over year; non-GAAP gross margin 81%-82%; non-GAAP operating margin 21%; and free cash flow $210M-$215M.