Overview
- Rubrik reported results on Thursday that topped analyst estimates with adjusted EPS of $0.16 and total revenue of about $387.1 million.
- Subscription annual recurring revenue reached $1.57 billion, up 32% year over year, while subscription revenue rose roughly 41% to about $374 million.
- The company raised full-year fiscal 2027 guidance to $1.638 billion–$1.648 billion in revenue, raised adjusted EPS to $0.25–$0.35, and lifted subscription ARR guidance to $1.854 billion–$1.862 billion.
- Rubrik announced several AI and cloud security expansions, including Project Glasswing access to Anthropic’s Mythos preview, Google Workspace data protection, Rubrik Agent Cloud for Google Cloud’s Gemini Enterprise Agent Platform, and the SAGE AI governance engine.
- Profitability and cash generation improved with non‑GAAP gross margin near 82.9%, free cash flow around $74 million, about $1.75 billion in cash and short‑term investments, and a modest after‑hours stock dip as investors weighed valuation and outlook.