CommVault Systems Inc. (CVLT) stock is soaring 11.22% in pre-market trading on Tuesday following the release of its impressive first-quarter fiscal 2026 results and raised full-year guidance. The data management software provider significantly outperformed analyst expectations, showcasing robust growth across key metrics.

For the first quarter ended June 30, 2025, CommVault reported total revenue of $282 million, marking a 26% increase year-over-year and surpassing the consensus estimate of $267.8 million. The company's adjusted earnings per share came in at $1.01, beating the expected $0.97. This strong performance was driven by substantial growth in subscription revenue, which rose 46% year-over-year to $182 million, including a 66% surge in SaaS revenue.

Adding to investor optimism, CommVault raised its fiscal 2026 revenue guidance to between $1.16 billion and $1.17 billion, up from the previous range of $1.13 billion to $1.14 billion. The company's Annualized Recurring Revenue (ARR) grew 24% year-over-year to $996 million, indicating strong momentum in its recurring revenue streams. CommVault's CEO, Sanjay Mirchandani, attributed the strong performance to increased customer growth, disciplined execution, and rising demand for the company's cyber resilience platform. These results, coupled with the company's strategic partnerships and enhanced product offerings, have bolstered confidence in CommVault's growth trajectory, leading to the significant pre-market stock price surge.