Rubrik, Inc.
71.92-4.20 (-5.52%)
Oct 29, 4:00:02 PM EDT · NYSE · RBRK · USD
Key Stats
Market Cap
14.20BP/E (TTM)
-Basic EPS (TTM)
-1.08Dividend Yield
0%Recent Filings
10-Q
Q2 FY2026 results
Rubrik's Q2 FY2026 revenue surged 51% y/y to $309.9M, fueled by subscription growth of 55% y/y to $297.0M, while gross margin expanded to 79% from 73% amid RSC adoption. Operating loss narrowed to $94.5M from $168.3M y/y, with diluted EPS improving to $(0.49) from $(0.98), reconciled against 194.9M weighted shares. Free cash flow turned positive at $90.9M for the half-year (derived from $104.4M operating cash minus $13.5M capex), bolstered by $1.52B in cash and short-term investments; debt stands at $1.13B net convertible notes due 2030. The July 2025 Predibase acquisition closed for $109.1M (cash/stock mix), adding $92.9M goodwill and $11.0M intangibles amortized over 2 years to accelerate AI integration. Yet competition in data security remains fierce.
8-K
Rubrik Q2 beats, AI acquisition
Rubrik crushed Q2 fiscal 2026 expectations, with subscription ARR surging 36% year-over-year to $1.25 billion and total revenue climbing 51% to $309.9 million, fueled by robust customer growth to 2,505 accounts over $100K ARR. The Predibase acquisition sharpens its AI edge for secure GenAI deployment, while free cash flow hit a 19% margin. Yet integration risks loom large. Guidance lifts full-year revenue to $1.23–1.24 billion.
8-K
Rubrik acquires Predibase
Rubrik agreed to acquire Predibase on June 24, 2025, turning it into a wholly owned subsidiary with securityholders opting for cash or Class A common stock. About 77% elected stock, totaling 1,371,810 shares at signing, with up to 230,575 more shares expected based on remaining elections. The deal relies on Securities Act exemptions for accredited investors. At the June 25 annual meeting, stockholders elected directors John W. Thompson and Yvonne Wassenaar and ratified KPMG as auditors. Risks could delay closing.
8-K
Rubrik prices $1.15B notes
Rubrik completed a $1.15 billion private offering of 0.00% Convertible Senior Notes due 2030 on June 13, 2025, yielding net proceeds of approximately $1.13 billion after fees. The company deployed $88.6 million to fund capped call transactions mitigating dilution up to a $175.10 cap price, fully repaid $327.9 million in outstanding loans under its credit agreement, and terminated that facility, freeing up capital for general corporate purposes like acquisitions and working capital. This bolsters Rubrik's strategic flexibility while hedging conversion risks. Yet dilution looms if stock surges beyond the cap.
10-Q
Q1 FY2026 results
Rubrik's Q1 FY2026 revenue surged 49% y/y to $278.5M, driven by subscription growth of 54% y/y to $265.7M, while gross profit jumped 139% y/y to $218.0M with margins expanding to 78% from 49%, reflecting lower stock-based compensation and a shift to SaaS. Operating loss narrowed sharply to $93.1M from $724.8M, as sales and marketing expenses fell 55% y/y amid post-IPO normalization. Diluted EPS improved to $(0.53) from $(11.48), reconciling with 191.6M weighted shares. Cash and equivalents rose to $284.0M, bolstered by $39.7M operating cash flow and $33.3M free cash flow (derived), against $322.8M noncurrent debt maturing 2028 at SOFR+7.0%. A small acquisition closed for $2.0M, adding $1.3M goodwill. Yet competition from data management giants like Dell-EMC and Veeam pressures market share.
IPO
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ATDS
DATA443 RISK MITIGATION INC NEV
0.00+0.00
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