CommVault Systems Inc (CVLT)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	168,906	-35,774	33,624	-30,954	-5,645
Revenue	US$ in thousands	839,247	784,590	769,591	723,472	670,885
Net profit margin		20.13%	-4.56%	4.37%	-4.28%	-0.84%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $168,906K ÷ $839,247K
= 20.13%

CommVault Systems Inc's net profit margin has displayed fluctuating performance over the past five years. In the most recent fiscal year ending on March 31, 2024, the net profit margin stood at a healthy 20.13%, indicating that the company generated 20.13 cents of profit for every dollar of revenue. This represents a significant improvement compared to the prior fiscal years, where the company experienced negative net profit margins in 2023 and 2021. The negative net profit margins in those years suggest that CommVault Systems Inc incurred more expenses than the revenue it generated. The positive net profit margins in 2022 and 2020, albeit low, show that the company was able to generate some profit relative to its revenue.

Overall, the upward trend in the net profit margin indicates an improvement in CommVault Systems Inc's profitability and efficiency in managing its costs and expenses to generate earnings. However, it is essential for the company to sustain this positive trend and continue to enhance its operational performance to ensure long-term financial sustainability and growth.