Rubrik, Inc. Class A ( (RBRK) ) has released its Q3 earnings. Here is a breakdown of the information Rubrik, Inc. Class A presented to its investors.
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Rubrik, Inc., a leader in the Security and AI Operations sector, specializes in data protection, cyber resilience, and enterprise AI acceleration, offering comprehensive solutions to secure and manage data across various platforms.
Rubrik has reported impressive financial results for the third quarter of fiscal year 2026, showcasing significant growth in key performance metrics. The company has seen a substantial increase in subscription annual recurring revenue (ARR) and overall revenue, reflecting its strong market position and strategic advancements.
Key highlights from Rubrik’s financial performance include a 34% year-over-year growth in subscription ARR, reaching $1.35 billion, and a 48% increase in total revenue to $350.2 million. The company also reported a notable improvement in its gross margin and a significant reduction in net loss per share. Additionally, Rubrik’s customer base with $100K or more in subscription ARR grew by 27% year-over-year.
Strategically, Rubrik has launched several new initiatives, including the Rubrik Agent Cloud and Rubrik Okta Recovery, and expanded partnerships with industry leaders like CrowdStrike and Cognizant. These efforts underscore Rubrik’s commitment to enhancing its offerings in data security and AI-driven solutions.
Looking ahead, Rubrik’s management remains optimistic about the company’s growth trajectory, raising its outlook for fiscal 2026. With continued focus on innovation and strategic partnerships, Rubrik aims to maintain its leadership in the rapidly evolving security and AI operations landscape.