Rubrik, Inc.(RBRK) - 2026 Q3 - Quarterly Report

Financial Performance - The company reported a significant increase in revenue, with a year-over-year growth rate of 25% in Q3 2026[2] - The company anticipates continued growth, projecting a revenue increase of 20% for the next quarter[2] - New product launches are expected to contribute an additional $50 million in revenue over the next fiscal year[2] - Operating expenses increased by 12%, primarily due to higher marketing costs associated with new product launches[2] - The company reported a net loss of $5 million for the quarter, reflecting ongoing investments in growth initiatives[2] User Growth - User data indicates a 15% increase in active subscriptions, reaching a total of 1.5 million users[2] Market Expansion - Market expansion efforts have led to a 10% increase in market share in the North American region[2] - The company is exploring potential acquisitions to bolster its technology portfolio and market presence[2] Investment in Technology - The company is investing $30 million in research and development to enhance its data security solutions[2] Risk Factors - Risk factors include potential challenges in customer retention and competition in the data security market[2] - Recent rapid growth may not indicate future growth, making it difficult to evaluate future prospects[17] - The company has a history of operating losses and may not achieve or sustain profitability in the future[17] - If customers do not renew or expand their subscriptions, future results of operations could be harmed[17] - The reliance on third-party cloud providers poses risks that could adversely affect business and financial condition[17] - The competitive market environment may hinder the company's ability to grow effectively[17] - Estimates of market opportunity and growth forecasts may prove to be inaccurate, impacting business growth[17] - The dual class structure of common stock concentrates voting control, limiting influence on corporate matters[17]