Financial Data and Key Metrics Changes - Subscription ARR reached approximately $1,200 million, growing 38% year over year [6][30] - Subscription revenue was $266 million, growing 54% year over year [6][32] - Free cash flow was over $33 million, a significant improvement from negative $37 million in the same quarter last year [7][36] - Non-GAAP gross margin was 80.5%, up from 75.4% year over year [33] Business Line Data and Key Metrics Changes - Net new subscription ARR reached $89 million in the first quarter [6][30] - Subscription NRR remained strong above 120% [6][32] - Customers with $100k or more in subscription ARR reached 2,381, growing 28% year over year [6][32] Market Data and Key Metrics Changes - Revenue from the Americas grew 51% to $203 million, while revenue from outside the Americas grew 43% to $75 million [33] - Cloud ARR reached $972 million, up 60% [30] Company Strategy and Development Direction - The company focuses on cyber resilience as a top cybersecurity priority, with a unique platform that combines data and identity security [9][10] - Rubrik aims to innovate continuously across data security and AI, leveraging a portfolio approach to manage innovations [11][14] - The company is expanding its offerings in identity resilience, which is seen as a significant growth opportunity [22][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the cyber resilience market and the demand for their differentiated offerings [37][76] - The company raised its guidance for the year, anticipating strong subscription ARR growth [39][40] Other Important Information - The company has a strong cash position with $762 million in cash and equivalents and $323 million in debt [36] - The company is investing in R&D to drive innovation in data security and AI [37] Q&A Session Summary Question: How long is the runway for the shift from legacy to next-gen solutions? - Management indicated that the shift is expanding the total addressable market (TAM) due to the rise in identity-based attacks and the need for comprehensive cyber resilience [46][48] Question: What is happening to sales cycles and awareness of Rubrik's capabilities? - Management noted that the current market environment is pushing enterprises to modernize their infrastructure, which is benefiting Rubrik's offerings [54][56] Question: How is the demand environment characterized? - Management stated that cyber resilience is a top priority for CIOs and CSOs, and they are not seeing any change in demand [75][76] Question: What is the size of the identity resilience opportunity? - Management emphasized that identity security is a critical component of their strategy, and they are seeing great momentum in this area [63][65] Question: What are the technical advantages Rubrik brings to identity security? - Management highlighted the unique ability to combine identity and data security, enabling faster recovery times and preventing malware reintroduction [114][115]

Rubrik (RBRK) Q1 2026 Earnings Call June 05, 2025 05:00 PM ET Speaker0 Good afternoon, ladies and gentlemen, and welcome to the Rubrik First Quarter Fiscal Year twenty twenty six Results Conference Call. At this time, all lines are in listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on 06/05/2025. I would now like to turn the conference over to Melissa Franchi, Vice President of Investor Relations. Please go ahead. Speaker1 Hello, every ...

Here's our initial take on CrowdStrike's (CRWD 0.48%) financial report.Key MetricsMetricQ1 FY25Q1 FY26Changevs. ExpectationsRevenue$921 million$1.1 billion19%MetEarnings per share$0.79$0.73-8%BeatNet new ARR$212 million$194 million-8%N/AFree cash flow$323 million$279 million-14%N/ACrowdStrike powering through post-outage headwindsComing up on the one-year anniversary of CrowdStrike's disastrous July 2024 global outage, the cybersecurity company continues to make progress moving past the incident. CrowdStrik ...

Givoni is a tech leader and senior executive with over two decades of experience building and scaling technology companies in the cybersecurity, drones, AI, B2B software and AgTech industries Palo Alto, California, June 05, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced the appointment of Guy Givoni to its Board of Directors. Mr. Givoni previously served on Mobilicom’s Advisory Board from 2017 through 2023. ...

CrowdStrike Holdings, Inc. CRWD shares are trading sideways on Thursday. But over the past week, the shares have been extremely volatile. Despite this, the stock demonstrated a principle of technical analysis. This is why our technical analysis team has made it our Stock of the Day.The best traders can identify important price levels in markets. These levels are called support and resistance.If a stock is trending lower, it is because there isn't enough demand to absorb all of the supply. There are more sha ...

Key Takeaways CrowdStrike's Falcon Flex hit $3.2B in total deal value, up 31% sequentially and 6x year over year. Flex drove $194M in net new ARR in Q1, with 39 re-Flex deals showing rising customer renewal activity. CRWD's ARR reached $4.44B, up 22% YoY, as Flex adoption gains momentum across more than 820 accounts.CrowdStrike’s (CRWD) Falcon Flex subscription-based model is turning out to be the driver of its annual recurring revenue (ARR) expansion. During the first quarter of fiscal 2026, CrowdStrike ...

Zscaler, Inc. (NASDAQ:ZS) Bank of America 2025 Global Technology Conference June 5, 2025 10:50 AM ET Company Participants Jagtar Singh Chaudhry - Co-Founder, CEO & Chairman of the Board Conference Call Participants Unidentified Analyst So I'm happy to host today for keynote, Jay Chaudhry we -- here we go. [indiscernible] you should learn from her also. So as I start with all our companies, I kind of discuss what investors are asking us about, just to set the framework for the discussion, I'll do it very qui ...

Core Viewpoint - Johnson Fistel, PLLP is investigating claims against SentinelOne, Inc. regarding alleged misconduct by its officers and directors, which may impact shareholders who have held shares since June 1, 2022 [1][2]. Group 1: Investigation Details - The investigation focuses on claims that SentinelOne's officers and directors made false or misleading statements and failed to disclose significant issues, including ineffective internal controls over accounting and financial reporting [2]. - Allegations include that SentinelOne's Annualized Recurring Revenue (ARR) was overstated, leading to inflated guidance from the company [2]. Group 2: Legal Context - A class action complaint has already been filed against SentinelOne, indicating ongoing legal challenges for the company [2]. - Shareholders may have the opportunity to hold the company's officers and directors personally responsible for the alleged harm [2]. Group 3: Law Firm Background - Johnson Fistel, PLLP is a nationally recognized law firm specializing in shareholder rights and securities class action lawsuits, with multiple offices across the United States [3]. - The firm has a strong track record, having recovered approximately $90,725,000 for clients in cases where it served as lead or co-lead counsel [4].

Key Takeaways Microsoft expands cybersecurity services with 1.4 million customers and 21% growth in multi-workload users. MSFT processes 84 trillion daily threat signals through AI-powered Security Copilot agents. Microsoft faces competition from CrowdStrike and Palo Alto Networks in the enterprise security market.Microsoft's (MSFT) aggressive expansion into cybersecurity services is gaining momentum as a potential major revenue driver, with the company recently launching its European Security Program and ...

Summary of Zscaler (ZS) 2025 Conference Call Company Overview - **Company**: Zscaler (ZS) - **Industry**: Cybersecurity, specifically focusing on Secure Access Service Edge (SASE) and Zero Trust security models Key Points and Arguments Market Dynamics - SASE is a rapidly growing space with increasing competition and new entrants [1] - Zscaler is experiencing accelerating order bookings and growth beyond its historical markets of ZIA (Zscaler Internet Access) and ZPA (Zscaler Private Access) [1][2] Growth Opportunities - Zscaler identifies three major areas of opportunity: 1. Data security, which is becoming increasingly complex, especially with AI integration [5] 2. Agentic operations, leveraging AI to enhance security and IT operations [5] 3. Expansion into new markets beyond traditional offerings [5][12] Zero Trust Security Model - The concept of Zero Trust is evolving, with a shift from user-centric to encompassing cloud workloads, IoT, and AI agents [7][9] - Zscaler's Zero Trust Exchange is positioned as a comprehensive solution for secure communication across various entities [9] Product Development and Innovation - Zscaler has expanded its offerings to include a B2B collaboration exchange and enhanced capabilities for securing AI applications [9] - The company emphasizes the importance of a single vendor for data protection to simplify complex data protection policies [11] Customer Engagement and Sales Strategy - The sales approach has shifted from transactional to account-focused, enhancing customer relationships and sales productivity [62] - Zscaler's solutions are designed to reduce costs significantly for customers, with examples of cost reductions of 50-70% for large enterprises [33] Competitive Landscape - Zscaler faces competition from traditional firewall companies that are attempting to pivot to SASE solutions, but the company believes these offerings do not meet the true Zero Trust criteria [38][39] - The company maintains a strong brand reputation among CIOs and CISOs, focusing on ROI and value delivered rather than just pricing [44] Financial Performance and Metrics - Zscaler reported over $350 million in Annual Recurring Revenue (ARR) from data security, indicating strong growth potential in this area [75] - The company is focused on upselling existing customers, with a reported 40% increase in new logo Annual Contract Value (ACV) year-over-year [56] Data Protection Strategy - Zscaler's approach to data security emphasizes securing data rather than the network itself, positioning itself as a leader in Data Loss Prevention (DLP) [69] - The company has developed a flexible pricing model (Z Flex) to allow customers to choose and adapt their data protection modules according to their needs [78] Future Outlook - Zscaler is optimistic about the future, with plans to expand its Zero Trust offerings to branches and workloads, indicating a phased approach to market penetration [37][50] - The company is committed to continuous innovation and customer satisfaction, aiming to delight customers and win more business [86] Additional Important Insights - The transition to Zero Trust is seen as essential for modern cybersecurity, moving away from traditional firewalls and SD WANs [26] - Zscaler's focus on simplifying security operations and reducing complexity is viewed as a critical factor for resilience in enterprises [34][35] - The company acknowledges the presence of late adopters in the market but believes that its solutions will eventually become mainstream as more enterprises recognize the need for Zero Trust [36]