Rubrik, Inc.(US:RBRK)2025-12-04 22:00Financial 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]