Commvault partners with Kyndryl to enhance cyber resilience services

TINTON FALLS, N.J. - Commvault (NASDAQ: CVLT), a cybersecurity company with impressive year-to-date returns of 24% and strong gross profit margins of 82%, announced a partnership with Kyndryl (NYSE: KD) to help organizations recover faster from cyber incidents and meet evolving regulatory requirements, according to a press release statement. According to InvestingPro, Commvault maintains a "GREAT" financial health score, suggesting robust operational capabilities.

The collaboration will augment Kyndryl’s cyber resiliency services portfolio, which includes Incident Recovery Services, Cyber Incident Recovery, Managed Backup Services, and Hybrid Platform Recovery.

Commvault and Kyndryl will also work with Pure Storage to assist organizations in complying with regulations such as the European Union’s DORA, NIS2, PSD2, as well as NYDFS NYCRR 500 and Australia’s APRA CPS 230.

The companies are showcasing their services at the Pure//Accelerate Conference in Las Vegas from June 17 to 19.

The joint offering delivers a four-layer architecture designed to streamline compliance and accelerate recovery across hybrid cloud environments. The architecture includes a Cyber Resilient Vault, Clean Recovery Zone, Production Rapid Restore, and Immutable Snapshot Recovery. This innovative approach aligns with Commvault’s market performance, as the stock trades near its 52-week high, reflecting investor confidence in its technological capabilities.

"Through this collaboration with Commvault and Pure Storage, we are further positioned to assist some of the world’s most esteemed organizations in completely redefining their data protection strategies," said Allen Downs, Vice President of Security and Resiliency Services at Kyndryl.

The services include automated and continuous testing for cyber recovery, supporting Commvault Cleanroom Recovery in both public cloud environments and on-premises isolated recovery environments managed by Kyndryl.

These offerings are available throughout North America, Europe, and the Asia-Pacific region, with channel partners able to access deal registration, training, and co-branded materials through respective partner programs.

In other recent news, Commvault Systems reported impressive financial results for the first quarter of fiscal year 2025. The company exceeded expectations with earnings per share of $1.03, surpassing the forecast of $0.87, and achieved revenue of $275 million, which was higher than the anticipated $251.32 million. A significant driver of this performance was a 45% growth in subscription revenue, highlighting the company’s successful transition to a subscription-based model. Additionally, Commvault completed the sale of its corporate headquarters in Tinton Falls, New Jersey, for $36 million, part of a strategic move to optimize assets while maintaining operations through a leaseback arrangement.

Cantor Fitzgerald maintained a Neutral rating on Commvault, with a price target of $173.00, following the company’s earnings report. The firm’s analyst noted the robust growth in subscription revenue, particularly in the cyber resilience products sector, as a key factor in Commvault’s performance. The company’s ongoing investments in sales, marketing, and research and development are expected to sustain EBIT margins at around 21% for fiscal year 2026.

Commvault’s strategic focus on cyber resilience and digital modernization trends positions it well for continued growth. The company has provided optimistic guidance for fiscal 2026, projecting total revenue between $1.13 billion and $1.14 billion, representing 14% growth. The company also aims to increase its subscription revenue by 35% year-over-year in the first quarter of fiscal 2026. These developments reflect Commvault’s commitment to enhancing its product offerings and expanding its market presence.

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