Core Viewpoint - Rubrik's Q2 results indicate strong growth and positive outlook, but the market reaction was muted due to lack of new information to excite investors [5][8]. Group 1: Financial Performance - Revenue grew by over 51%, driven by a 55% increase in subscription services, with a 27% rise in clients contributing more than $100K to recurring revenue [6][7]. - The company improved its gross margin and reduced operating losses, shifting from negative to positive cash flow, achieving a 19% free cash flow margin [7]. - Guidance forecasts approximately 38% annualized growth, aligning with market expectations [8]. Group 2: Market Context - Rubrik's services are integrated within Oracle's Cloud Infrastructure, which is experiencing rapid growth, particularly from hyperscalers like Amazon, Microsoft, and Google, with a reported 1500% year-over-year increase [2][3]. - Oracle plans to double its data center footprint in the coming years, which is expected to drive demand for Rubrik's offerings [4]. Group 3: Analyst Sentiment - Analysts have raised price targets for Rubrik, with a 12-month forecast of $104.38, indicating a potential upside of 32.67% from the current price [9][10]. - Despite a Moderate Buy rating, some analysts suggest there are better investment opportunities available [15]. Group 4: Market Dynamics - Short-selling activity is present, with 8% short interest potentially limiting gains until Q3 results are released [11]. - Institutional ownership exceeds 50%, and increased buying activity could support an upward trend in share price [11][12].

We recently published 10 Stocks Melt Down in Hours. Rubrik, Inc. (NYSE:RBRK) is one of the worst performers on Wednesday. Shares of Rubrik Inc. dropped by 18.05 percent on Wednesday to close at $80.72 apiece as investors appeared to have already priced in the company’s strong performance in the second quarter of the year before the official results. Rubrik, Inc. (NYSE:RBRK), a security and AI company offering data protection, cybersecurity resilience, and enterprise AI acceleration, narrowed its net loss ...

Core Viewpoint - Rubrik reported strong financial results for Q2 FY2026, exceeding revenue expectations and showing significant growth in subscription revenue and annual recurring revenue (ARR) [1][2] Financial Performance - Total revenue for Q2 reached $309.9 million, surpassing the expected $282.26 million [1] - Subscription revenue grew by 55% year-over-year to $297 million [1] - ARR increased by 36% year-over-year to $1.25 billion [1] - Adjusted loss per share was $0.03, better than the expected loss of $0.34 [1] - Free cash flow was $57.5 million, compared to a negative $32 million in the same period last year [1] Future Outlook - Rubrik expects Q3 revenue to be $321 million, up from a previous estimate of $302 million [1] - Projected loss per share for Q3 is between $0.18 and $0.16, improved from an earlier expectation of $0.26 [1] - The company anticipates full-year ARR to be between $1.41 billion and $1.42 billion, exceeding the previous estimate of $1.38 billion [1] Analyst Ratings and Target Price Adjustments - Goldman Sachs reiterated a "Buy" rating, raising the target price from $117 to $120, citing strong underlying business momentum despite concerns over one-time revenue impacts [2] - KeyBanc maintained an "Overweight" rating, increasing the target price from $114 to $117, highlighting revenue growth driven by one-time income [2] - Piper Sandler kept an "Overweight" rating with a target price of $115, emphasizing Rubrik's market expansion strategy and potential for long-term investment [2] - Mizuho maintained a "Neutral" rating with a target price of $97, noting the stock's significant price increase since its IPO [2]

Core Insights - Rubrik reported better-than-expected quarterly results but experienced a significant stock decline of 18.1% following the release of its second-quarter report [1][2][4] Financial Performance - The company recorded a non-GAAP loss of $0.03 per share on sales of $309.86 million, exceeding Wall Street's average estimate by $0.31 per share and topping sales consensus by $27.6 million [4] - Revenue increased by 51.2% year over year, with margins significantly above expectations [4] Forward Guidance - For Q3, Rubrik expects sales between $319 million and $321 million and an adjusted loss of $0.16 to $0.18 per share [5] - For the full year, the company anticipates an adjusted loss of $0.44 to $0.50 per share on revenue between $1.227 billion and $1.237 billion [5] Market Reaction - Despite strong sales growth and narrowing losses indicated in the guidance, investors were not satisfied with management's targets, leading to concerns about the company's valuation [6] - Rubrik is currently valued at approximately 12.8 times this year's expected sales, even after the recent stock pullback [6]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_________to ________ Commission File Number: 001-42028 RUBRIK, INC. (Exact name of registrant as specified in its charter) ___________________ ...

Group 1 - The Goldman Sachs Communacopia Technology Conference has successfully merged multiple business units, leading to increased registration numbers, surpassing 3,000 attendees [1] - The conference highlights the evolution of technology companies, exemplified by the journey of Rubrik from an initial idea in 2013 to becoming a public company [2] - The initial public offering (IPO) of Rubrik faced skepticism, indicating the challenges in gaining acceptance for innovative ideas in the technology sector [3]

Summary of the Conference Call Company Overview - The conference is centered around Rubrik, a company that specializes in data management and cyber resilience solutions, particularly in the context of cloud technology and AI integration [6][10][38]. Key Industry Insights - The data protection market is evolving, with a shift from traditional backup and recovery to a focus on cyber resilience and recovery [10][39]. - The cyber security landscape is changing, with identity theft becoming the primary attack vector due to the psychological manipulation of users [16][39]. - The need for centralized management and control of data is increasing as applications become more scattered across various platforms [22][24]. Core Company Perspectives - Rubrik is positioned as a misunderstood innovator in the tech space, focusing on evolving its offerings to meet market demands rather than being tied to a static vision [6][9]. - The company emphasizes the importance of understanding market dynamics and customer needs, particularly in the context of AI and data utilization [9][10][11]. - Rubrik's growth strategy includes expanding into identity recovery and data protection, leveraging partnerships with major players like Microsoft and CrowdStrike [15][46][47]. Financial Performance - Rubrik reported a top-line growth of over 50% and a cash flow margin of 19%, indicating strong financial health and operational efficiency [38][40]. - The company aims to maintain high gross margins while investing in R&D and new product capabilities, balancing growth with profitability [40][41]. Strategic Initiatives - The acquisition of PrettyBase is aimed at enhancing Rubrik's capabilities in AI model fine-tuning and inference serving, which is critical for delivering accurate results in AI applications [11][24]. - Rubrik is focusing on creating an identity resilience platform that integrates identity management with data protection, addressing the risks associated with identity compromise [17][19]. Market Positioning - The company is transitioning the backup and recovery market into a cyber resilience category, which is expected to become mainstream, similar to databases and firewalls [42][45]. - Rubrik's strategy includes targeting legacy vendors for replacement, emphasizing the need for a compelling value proposition that offers 10x better solutions [19][39]. Future Outlook - The company is optimistic about its growth trajectory, aiming to scale from $1 billion to over $10 billion by enhancing market awareness and operational efficiency through partnerships [46][47]. - Rubrik is preparing for the increasing complexity of AI applications and the associated security challenges, positioning itself as a key player in the evolving landscape of cyber resilience [34][38][40].

On the stock market today, Rubrik stock retreated 17% to near 82 in morning trading. Rubrik sells a cloud computing-based data backup and recovery platform aimed at protecting companies from ransomware attacks. About 85% of Rubrik's revenue comes from subscription software sales. Key Financial Metric BREAKING: Indexes Mixed As Oracle Skyrockets Rubrik (RBRK) stock collapsed on Wednesday after the company reported a narrower-than-expected second- quarter loss while revenue topped expectations. The company's ...

Core Insights - Rubrik reported a narrower-than-expected second-quarter loss of $0.03 per share, significantly better than the forecasted loss of $0.34 per share [1] - Revenue for the quarter reached $309.9 million, exceeding the consensus estimate of $282 million [1] Financial Performance - The company experienced a decline in net new subscription annual recurring revenue, which was $71 million, surpassing estimates of $44 million but down from $89 million in the previous quarter, indicating potential concerns regarding customer attrition and sales momentum [2] - For fiscal 2026, Rubrik projected a smaller loss of $0.50 to $0.44 per share, compared to expectations of a $0.97 loss, and forecasted revenue between $1.23 billion and $1.24 billion, above the anticipated $1.19 billion [2]

Rubrik Inc. RBRK reported second-quarter financial results that beat expectations and raised its full-year fiscal 2026 outlook on Tuesday.Rubrik reported second-quarter revenue of $309.86 million, up 51% year-over-year. The revenue total beat a Street consensus estimate of $282.22 million according to data from Benzinga Pro. The company reported a loss of three cents per share in the quarter, beating a Street consensus estimate of a loss of 34 cents per share.“We continue to build towards a highly profitabl ...