Rubrik, Inc.(US:RBRK)2024-12-05 22:59Financial Performance & Growth - Rubrik's Subscription ARR reached $1,002 million, demonstrating 38% year-over-year growth[10] - The company boasts a high Average Subscription Dollar-Based Net Retention Rate (NRR) of over 120%[10] - Rubrik has 2,085 customers with over $100,000 in Subscription ARR[10] - The company anticipates Subscription ARR between $1,057 million and $1,061 million for fiscal year 2025[81] - Rubrik projects total revenue between $860 million and $862 million for fiscal year 2025[81] Market & Product Strategy - Rubrik is focused on cyber resilience, combining backup & recovery with cybersecurity[20] - The company's Rubrik Security Cloud offers data risk, data threat, and cyber recovery solutions[22] - Rubrik estimates a $53 billion projected market opportunity by 2027[10] Financial Metrics - Rubrik's Non-GAAP Gross Margin is 79%[41] - The company is approaching free cash flow breakeven[71] - Rubrik's Non-GAAP Subscription ARR Contribution Margin is improving[76]