Rubrik Inc

Latest Results (18.11.2025):

Rubrik Inc reported its financial results for the second quarter of fiscal year 2026 (ended July 31, 2025), showcasing exceptional top-line growth and improved operational metrics. The company exceeded guided metrics with significant increases in subscription ARR and total revenue, alongside improvements in gross margins, customer expansion, and positive cash flow outcomes. Their strategic acquisition of Predibase further reinforces their ambition to integrate advanced AI capabilities into a profitable growth trajectory.

Strong Subscription ARR Growth

Rubrik Inc’s subscription ARR grew by 36% year-over-year to reach $1.25 billion, underscoring robust recurring revenue performance.

Robust Revenue Increase

The total revenue for the quarter increased by 51% year-over-year to $309.9 million, while subscription revenue itself saw a 55% increase, marking a notable improvement over the prior year.

Enhanced Margins and Profitability

GAAP gross margins improved to 79.5% compared to 73.1% last year, and the subscription ARR contribution margin turned positive at 9.4% (up from a negative -8.2%), with GAAP net loss per share reducing to $(0.49) from $(0.98).

Improved Cash Flow Performance

Rubrik Inc turned around its cash flow with operating cash flow rising to $64.7 million, and free cash flow reaching $57.5 million, a significant improvement over the previous quarter’s negative results.

Customer Expansion and Strategic Acquisitions

The company expanded its customer base by achieving 2,505 customers with $100K or more in subscription ARR, up 27% year-over-year, and closed the acquisition of Predibase to enhance its AI infrastructure and market positioning.