As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at data storage stocks, starting with Commvault (NASDAQ: CVLT).

Data is the lifeblood of the internet and software in general, and the amount of data created is accelerating. As a result, the importance of storing the data in scalable and efficient formats continues to rise, especially as its diversity and associated use cases expand from analyzing simple, structured datasets to high-scale processing of unstructured data such as images, audio, and video.

The 4 data storage stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 3.2% while next quarter’s revenue guidance was in line.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.9% since the latest earnings results.

Commvault (NASDAQ: CVLT)

Born from the need to create ironclad protection in an increasingly dangerous digital world, Commvault (NASDAQ: CVLT) provides data protection and cyber resilience software that helps organizations secure, back up, and recover their data across on-premises, hybrid, and multi-cloud environments.

Commvault reported revenues of $313.8 million, up 19.5% year on year. This print exceeded analysts’ expectations by 4.9%. Overall, it was a very strong quarter for the company with a solid beat of analysts’ billings estimates and an impressive beat of analysts’ EBITDA estimates.

"Commvault delivered another quarter of healthy growth and profitability driven by record customer engagement and adoption," said Sanjay Mirchandani, President and CEO, Commvault.

Commvault achieved the biggest analyst estimates beat and highest full-year guidance raise of the whole group. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 37.4% since reporting and currently trades at $80.93.

We think Commvault is a good business, but is it a buy today? Read our full report here, it’s free.

Best Q4: Snowflake (NYSE: SNOW)

Named after the unique architecture of its data warehouse which resembles a snowflake pattern, Snowflake (NYSE: SNOW) provides a cloud-based data platform that enables organizations to consolidate, analyze, and share data across multiple cloud providers.

Snowflake reported revenues of $1.28 billion, up 30.1% year on year, outperforming analysts’ expectations by 2.1%. The business had an exceptional quarter with an impressive beat of analysts’ billings estimates and a solid beat of analysts’ EBITDA estimates.

Snowflake achieved the fastest revenue growth among its peers. The company added 45 enterprise customers paying more than $1 million annually to reach a total of 733. The market seems content with the results as the stock is up 4.7% since reporting. It currently trades at $177.20.

Is now the time to buy Snowflake? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: DigitalOcean (NYSE: DOCN)

Built for simplicity in a world of complex cloud solutions, DigitalOcean (NYSE: DOCN) provides a simplified cloud computing platform that enables developers and small businesses to quickly deploy and scale applications.

DigitalOcean reported revenues of $242.4 million, up 18.3% year on year, exceeding analysts’ expectations by 2%. Still, it was a mixed quarter as it posted full-year EPS guidance missing analysts’ expectations significantly.

DigitalOcean delivered the weakest performance against analyst estimates and slowest revenue growth in the group. Interestingly, the stock is up 13.1% since the results and currently trades at $67.00.

Read our full analysis of DigitalOcean’s results here.

MongoDB (NASDAQ: MDB)

Named after "humongous database," reflecting its ability to handle massive data loads, MongoDB (NASDAQ: MDB) provides a flexible document-based database platform that helps developers build, deploy, and maintain modern applications more efficiently.

MongoDB reported revenues of $695.1 million, up 26.7% year on year. This number beat analysts’ expectations by 3.7%. More broadly, it was a satisfactory quarter as it also recorded an impressive beat of analysts’ billings estimates but EPS guidance for next quarter missing analysts’ expectations.

MongoDB had the weakest full-year guidance update among its peers. The company added 105 enterprise customers paying more than $100,000 annually to reach a total of 2,799. The stock is down 19.9% since reporting and currently trades at $260.25.

Read our full, actionable report on MongoDB here, it’s free.

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