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]

Financial Performance - Subscription Annual Recurring Revenue (ARR) reached $1181 million, demonstrating a year-over-year growth of 38%[15] - Cloud ARR grew significantly to $972 million, marking a 60% year-over-year increase[41] - The company's Non-GAAP Gross Margin was 81% in Q1 FY26[41] - The Average Subscription Dollar-Based Net Retention Rate (NRR) exceeded 120%[41] - Customers generating $100k or more in Subscription ARR increased to 2381[41] Guidance - The company projects Subscription ARR to be between $1380 million and $1388 million for the full fiscal year 2026[72] - Total revenue is expected to be in the range of $1179 million to $1189 million for fiscal year 2026[72] - The Subscription ARR Contribution Margin is forecasted to be approximately 6% for fiscal year 2026[72] - Free Cash Flow is projected to be between $65 million and $75 million for fiscal year 2026[72] Revenue Shift - Subscription revenue accounted for 93% of total revenue in Q1 FY26, compared to 92% in Q1 FY25[65]