Financial Performance - Rubrik's Subscription ARR reached $1347 million, demonstrating a 34% year-over-year growth[11] - Cloud ARR within the Subscription ARR reached $1175 million, showing a 53% year-over-year growth[43] - The company maintains a high Average Subscription Dollar-Based Net Retention Rate (NRR) of over 120%[33] - Rubrik's Non-GAAP Gross Margin stands at 83%[33] - The company anticipates revenue growth on a reported basis will lag Subscription ARR growth by a few percentage points in FY27, primarily due to headwinds from material rights[82] Customer Growth - The number of customers with over $100,000 in Subscription ARR has increased to 2638[33] Product and Strategy - Rubrik is focusing on Cyber Resilience and AI transformation with its platform[8] - The company is emphasizing a Code to Cloud Cyber Resilience Platform approach to eliminate multi-cloud complexity[17] - Rubrik is expanding its offerings in Identity Resilience to secure identity infrastructure[18] Future Outlook - The company projects Subscription ARR for FY2026 to be between $1439 million and $1443 million[79] - Rubrik expects a total contribution of approximately $68 million in non-recurring revenue related to material rights in FY26[82]

Rubrik (NYSE: RBRK) reported fiscal third quarter results after the close on Dec. ...

Core Insights - Rubrik (NYSE: RBRK) reported strong fiscal Q3 results, exceeding expectations in both revenue and profitability, leading to a significant stock price increase in after-hours trading [3][5][10] Financial Performance - Revenue reached $350.2 million, surpassing the consensus estimate of $325.6 million, marking a 48% year-over-year increase [6][11] - Subscription revenue grew by 52% to $336.4 million, indicating effective scaling of the business model [6][11] - The company achieved a non-GAAP EPS of $0.10, compared to an expected loss of $0.17, marking a significant positive surprise [5][11] - Free cash flow surged to $76.9 million, up 394% year-over-year, while operating cash flow was reported at $85.5 million [7][11] Profitability Metrics - Non-GAAP gross margin expanded to 82.8%, an increase of 360 basis points from the previous year, reflecting improved operating leverage [7][11] - Rubrik posted its first positive non-GAAP operating income of $10.1 million, signaling progress towards sustained profitability [8][11] Future Outlook - Management raised the full-year revenue guidance to between $1.280 billion and $1.282 billion, with Q4 revenue expected to be between $341 million and $343 million [9][11] - The full-year non-GAAP net loss per share is now projected to be between $0.20 and $0.16, indicating a tighter range and reflecting a shift towards profitability [9][11] Strategic Initiatives - CEO Bipul Sinha highlighted the company's focus on AI transformation and new product launches, including Rubrik Agent Cloud and Rubrik Okta Recovery, which are expected to drive future growth [10] - Partnerships with CrowdStrike and Cognizant were emphasized as strategic moves to enhance offerings in data protection and cyber resilience [10] Market Position - Rubrik's stock trades at approximately 13 times trailing sales, indicating a premium valuation as the market anticipates continued execution on its profitability roadmap [12] - Analysts remain optimistic, with 21 buy ratings and a consensus price target of $114, suggesting potential upside from current levels [12]

Core Insights - Rubrik, Inc. reported Q3 earnings that exceeded expectations, with adjusted earnings of 10 cents per share compared to a consensus estimate of a loss of 17 cents [1] - The company's quarterly revenue reached $350.17 million, surpassing the Street estimate of $319.25 million and showing a significant increase from $236.18 million in the same period last year [2] Financial Performance - Subscription Annual Recurring Revenue (ARR) grew by 34% year-over-year to $1.35 billion [5] - The number of customers with $100K or more in subscription ARR increased by 27% year-over-year, totaling 2,638 [5] - The subscription ARR contribution margin improved to 10.3%, compared to -3.3% in the third quarter of fiscal 2025 [5] - Non-GAAP gross margin was reported at 82.8%, up from 79.2% in the third quarter of fiscal 2025 [5] Future Outlook - Rubrik raised its fiscal 2026 adjusted loss per share guidance to a range of a loss of 20 cents to a loss of 16 cents, significantly better than the analyst estimate of a loss of 49 cents per share [4] - The company also increased its fiscal 2026 revenue outlook to between $1.28 billion and $1.282 billion, compared to the previous estimate of $1.23 billion [4] Market Reaction - Following the earnings report, Rubrik's stock price rose by 10.1% to $77.60 in extended trading [4]

Financial Performance - Subscription ARR grew 34% year-over-year to $1.35 billion as of October 31, 2025[5] - Total revenue increased 48% year-over-year to $350.2 million, with subscription revenue at $336.4 million, a 52% increase from $221.5 million in Q3 FY 2025[6] - Total revenue for the three months ended October 31, 2025, was $350,166,000, representing a 48.2% increase from $236,178,000 in the same period of 2024[29] - Subscription revenue for the nine months ended October 31, 2025, reached $899,008,000, up 53.6% from $585,021,000 in the prior year[29] - Gross profit for the three months ended October 31, 2025, was $282,029,000, compared to $180,032,000 for the same period in 2024, indicating a gross margin improvement[29] - Non-GAAP total gross profit for the nine months ended October 31, 2025, reached $766,853, compared to $485,949 in the same period of 2024, reflecting a 57.8% growth[35] - GAAP total gross margin improved to 81% in Q3 2025 from 76% in Q3 2024, while non-GAAP total gross margin increased to 83% from 79%[35] Cash Flow and Financial Position - Free cash flow reached over $76 million, compared to $15.6 million in Q3 FY 2025[6] - Cash and cash equivalents increased to $307,100,000 as of October 31, 2025, from $186,331,000 at the beginning of the year[31] - The company reported a net cash provided by operating activities of $189,863,000 for the nine months ended October 31, 2025, compared to a cash outflow of $35,369,000 in the prior year[33] - Proceeds from the issuance of convertible senior notes amounted to $1,129,875,000, contributing to the company's financing activities[33] - The company reported a net cash used in investing activities of $(109,760) for Q3 2025, compared to $(72,139) in Q3 2024[37] Customer Growth and Market Position - The number of customers with $100K or more in subscription ARR increased by 27% year-over-year to 2,638[6] - Deferred revenue increased to $968,167,000 as of October 31, 2025, compared to $777,135,000 at the beginning of the year, indicating strong future revenue potential[31] Guidance and Outlook - Fourth quarter revenue guidance is between $341 million and $343 million[11] - Full year 2026 revenue outlook is projected between $1,280 million and $1,282 million[11] - Non-GAAP net loss per share for Q4 FY 2026 is expected to be between $(0.12) and $(0.10)[11] Operational Efficiency - Operating expenses for the nine months ended October 31, 2025, totaled $1,009,365,000, down from $1,439,068,000 in the previous year, reflecting a reduction in costs[29] - Non-GAAP operating expenses for the nine months ended October 31, 2025, were $1,014,253, compared to $887,818 in 2024, reflecting a 14.3% increase[37] - Operating cash flow margin improved to 24% in Q3 2025 from 10% in Q3 2024, indicating enhanced operational efficiency[37] Loss and Margin Improvement - Net loss for the nine months ended October 31, 2025, was $261,862,000, a decrease from $1,039,931,000 in the same period of 2024[29] - Non-GAAP net income for Q3 2025 was $22,853, compared to a loss of $37,782 in Q3 2024, showing a positive turnaround[36] - GAAP net loss per share for Q3 2025 was $(0.32), an improvement from $(0.71) in Q3 2024[36] - GAAP gross margin improved to 80.5%, up from 76.2% in Q3 FY 2025[6] Product Development and Partnerships - Launched Rubrik Agent Cloud to enhance Enterprise AI Agent adoption and risk management[6] - Expanded partnership with CrowdStrike to improve identity security and resilience against cyber threats[11]

Core Insights - Rubrik (RBRK) is set to announce its third-quarter fiscal 2026 results on December 4, with expected revenues between $319 million and $321 million, indicating a year-over-year growth of 35% to 36% [1][9] - The Zacks Consensus Estimate for revenues stands at $320.93 million, reflecting a year-over-year increase of 35.88% [1][2] - The consensus estimate for loss is 17 cents per share, which has widened by a penny over the past month, compared to a loss of 21 cents per share in the same quarter last year [2] Revenue and Growth Expectations - Rubrik's fiscal third-quarter performance is anticipated to benefit from its strong position in the growing cyber resilience market and increasing demand for data security solutions [3] - The company has shown robust subscription Annual Recurring Revenue (ARR) growth, with a 27% year-over-year increase in customers with over $100K in subscription ARR, totaling 2,505 customers as of July 31, 2025 [4] - Cloud ARR grew by 57% year-over-year, reaching $1.1 billion, driven by the adoption of the Rubrik Security Cloud platform, which is expected to positively impact the upcoming quarter's performance [4][6] Subscription ARR and Margins - For the third quarter of fiscal 2026, Rubrik expects a non-GAAP subscription ARR contribution margin of approximately 6.5% [5] - The company anticipates subscription ARR growth in the upcoming quarter, with net new subscription ARR contributing approximately 21% to 22% of the full-year net new subscription ARR [5] Clientele and Partnerships - Rubrik's expanding clientele includes major players like Amazon Web Services (AWS), CrowdStrike, and Microsoft, which has been a key growth catalyst [12] - In November 2025, Rubrik announced a collaboration with AWS to enhance cyber resilience, integrating Rubrik's Preemptive Recovery Engine and Security Cloud with AWS's secure infrastructure [13] - The company also announced that Rubrik Agent Cloud will work with Microsoft Copilot Studio, facilitating secure scaling of AI agents [14] Competitive Landscape - Despite its expanding clientele, Rubrik faces stiff competition from Fortinet, which is enhancing its cybersecurity ecosystem [18] - Fortinet's partnership with Armis aims to provide a unified security ecosystem, increasing competition in the cybersecurity market [19] Market Performance - Rubrik shares have declined by 30.1% over the past six months, underperforming the broader Zacks Computer and Technology sector, which returned 27.8% [7] - The company's stock is considered to have a stretched valuation, with a forward 12-month Price/Sales ratio of 9.07X, significantly higher than the industry's 4.87X [10]

NAEGELI Showcases Cybersecurity Leadership with RubrikDecember 01, 2025 11:00 AM EST | Source: APGPortland, Oregon--(Newsfile Corp. - December 1, 2025) - NAEGELI Deposition & Trial, a nationwide leader in court reporting and litigation support services, continues to demonstrate its commitment to advanced legal technology and client data protection through a high-profile partnership with cybersecurity firm Rubrik. As part of this collaboration, NAEGELI was invited to speak at Rubrik's renowned ...

Core Insights - Wall Street analysts forecast a quarterly loss of -$0.17 per share for Rubrik, Inc. (RBRK), representing a year-over-year increase of 19.1% in losses. Revenue is expected to reach $320.93 million, reflecting a 35.9% increase compared to the same quarter last year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted upward by 1.8%, indicating a collective reassessment by covering analysts [2]. - Revisions to earnings estimates are crucial for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts predict 'Revenue- Subscription' will reach $309.06 million, indicating a year-over-year change of +39.5% [4]. - 'Revenue- Other' is expected to be $10.44 million, showing a +1.1% change from the prior-year quarter. Conversely, 'Revenue- Maintenance' is projected at $1.57 million, reflecting a significant year-over-year decline of -63.8% [5]. - 'Cloud ARR' is projected to reach $1,136,975, contrasting with the year-ago figure of $768,838 [5]. Key Company Metrics - The combined assessment suggests 'Subscription ARR' will likely reach $1,321,722, compared to $1,002,252 in the same quarter last year. Additionally, 'Customers with $100K or more in Subscription ARR' is expected to reach 2,650, up from 2,085 in the same quarter last year [6]. - Over the past month, Rubrik, Inc. shares have recorded a return of -7.9%, while the Zacks S&P 500 composite changed by -0.5%. The company holds a Zacks Rank 3 (Hold), indicating it is likely to perform in line with the overall market in the upcoming period [6].

Group 1 - Rubrik Inc. has been initiated with a Buy rating and a price target of $114 by Berenberg analyst Rahul Chopra, highlighting its strong position in the cybersecurity sector and exposure to data and AI themes [1] - In Q3 2025, Rubrik reported surpassing $1 billion in subscription Annual Recurring Revenue (ARR), reflecting a 38% year-over-year growth, with subscription revenue increasing by 55% year-over-year to over $221 million [2] - The company achieved a quarterly revenue of $309.86 million, marking a 51.19% year-over-year increase, while maintaining a subscription net retention rate above 120%, indicating strong customer loyalty [2] Group 2 - Despite strong revenue growth, Rubrik reported a loss per share of $0.03 in the quarter, which was better than Street estimates by $0.31, and anticipates a non-GAAP EPS in the range of negative $0.41 to negative $0.37 for Q4 [3] - Rubrik provides data security solutions to individuals and businesses globally, positioning itself as a key player in the cybersecurity market [3]

Core Insights - Rubrik Inc. (NYSE:RBRK) is recognized as a promising stock with significant upside potential, particularly following the announcement of two new offerings aimed at enhancing cyber resilience for enterprises [1] Group 1: New Offerings - Rubrik introduced the Intelligent Business Recovery for Microsoft 365, which enhances traditional data recovery methods by providing automated, business-aware recovery that restores critical users and their associated data across Microsoft 365 applications [2] - The DevOps Protection for Azure DevOps & GitHub addresses the need to protect intellectual property and artifacts within modern DevOps platforms, which are increasingly targeted by cyberattacks. This offering aims to secure the entire software and AI development lifecycle [3] Group 2: Company Overview - Rubrik Inc. provides data security solutions globally, serving various sectors including financial, retail, transportation, energy, healthcare, technology, and public sectors [4]