Rubrik, Inc. Class A (RBRK) AI Stock Analysis

• Market Cap: $18.93B
• Dividend Yield: N/A
• Average Volume (3M): 3.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.63
• Revenue Growth: 48.93%
• EPS Growth: 69.39%
• Country: US
• Employees: 3,200
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.10
• Shares Outstanding: 151,894,450
• 10 Day Avg. Volume: 4,914,917
• 30 Day Avg. Volume: 3,103,386
• PEG Ratio: -0.04
• Price to Book (P/B): -20.42
• Price to Sales (P/S): 12.75
• P/FCF Ratio: 360.69
• Enterprise Value/Market Cap: 0.77
• Enterprise Value/Revenue: 12.11
• Enterprise Value/Gross Profit: 15.28
• Enterprise Value/Ebitda: -45.37
• 1Y Price Target: $114.94
• Price Target Upside: 31.99% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 19
• EPS Forecast (FY): -0.48
• Revenue Forecast (FY): $1.23B

• Rating: 50 Neutral
• Price Target: $86.00 ▼(-1.24% Downside)

Rubrik, Inc. demonstrates strong growth in subscription revenue and free cash flow, as highlighted in the earnings call. However, financial performance concerns, including negative equity and profitability challenges, weigh heavily. Technical analysis suggests caution due to overbought conditions, and valuation metrics are unattractive. The overall score reflects a balance of strong growth potential against significant financial risks.

Positive Factors

Subscription Revenue Growth

Strong subscription revenue growth indicates robust demand and customer expansion, reinforcing Rubrik's market position and revenue stability.

Free Cash Flow Improvement

Improvement in free cash flow highlights financial health and operational efficiency, providing resources for investment and growth.

Cloud ARR Growth

Significant growth in Cloud ARR demonstrates successful cloud transformation and strong market demand, enhancing Rubrik's competitive edge.

Negative Factors

Negative Equity

Negative equity indicates potential solvency issues, posing a risk to long-term financial stability and limiting strategic flexibility.

Profitability Challenges

Ongoing profitability challenges reflect operational inefficiencies, which could hinder Rubrik's ability to sustain growth and invest in future opportunities.

Revenue Growth Headwinds

Anticipated headwinds in revenue growth due to cloud transformation may affect Rubrik's ability to maintain its growth trajectory in the coming years.

Rubrik, Inc. Class A Business Overview & Revenue Model

Company Description

Rubrik, Inc. provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors. Rubrik, Inc. was formerly known as Scaledata, Inc. and changed its name to Rubrik, Inc. in October 2014. The company was incorporated in 2013 and is based in Palo Alto, California.

How the Company Makes Money

Rubrik generates revenue primarily through the sale of its software licenses, subscription services, and professional services. The company offers its solutions through a subscription-based model, allowing customers to pay for services on a recurring basis, which provides a steady revenue stream. Key revenue streams include sales of cloud data management software, support and maintenance services, and consulting services. Additionally, Rubrik has established significant partnerships with major cloud service providers and technology firms, which enhance its market reach and contribute to its earnings by integrating its solutions with leading cloud platforms and enabling joint go-to-market strategies.

Rubrik, Inc. Class A Financial Statement Overview

Summary

Rubrik, Inc. shows strong revenue growth but struggles with profitability and financial stability. The company faces challenges with negative equity and high leverage, impacting long-term viability. Cash flow is improving, but operational inefficiencies and a weak balance sheet remain concerns.

Income Statement

Rubrik, Inc. shows a strong revenue growth rate of 10.53% in the TTM, indicating positive sales momentum. However, the company struggles with profitability, as evidenced by negative net profit and EBIT margins, suggesting operational inefficiencies or high costs. The gross profit margin is healthy at 79.05%, but the negative EBITDA margin highlights challenges in managing operational expenses.

Balance Sheet

The balance sheet reveals significant financial risk with a negative stockholders' equity, leading to a high and negative debt-to-equity ratio. This indicates potential solvency issues. The return on equity is positive due to negative equity, but this is not a sustainable position. The equity ratio is also negative, reflecting a weak financial structure.

Cash Flow

Rubrik, Inc. demonstrates improvement in cash flow with a 34.02% growth in free cash flow. The operating cash flow to net income ratio is positive, indicating some ability to convert income into cash. However, the free cash flow to net income ratio suggests that cash flow generation is still a challenge relative to net losses.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	886.54M	627.89M	599.82M	506.15M	387.75M
Gross Profit	620.80M	389.69M	320.25M	269.87M	217.20M
EBITDA	-1.08B	-196.34M	-153.79M	-144.90M	-125.51M
Net Income	-1.15B	-354.16M	-277.75M	-254.40M	-213.09M
Balance Sheet
Total Assets	1.42B	873.61M	769.18M	518.98M	509.92M
Cash, Cash Equivalents and Short-Term Investments	705.14M	279.25M	295.91M	138.81M	217.31M
Total Debt	350.81M	309.29M	216.04M	33.21M	5.97M
Total Liabilities	1.98B	1.58B	1.14B	623.61M	430.04M
Stockholders Equity	-553.73M	-704.54M	-372.62M	-104.63M	79.87M
Cash Flow
Free Cash Flow	31.34M	-16.85M	-15.01M	-103.23M	-74.62M
Operating Cash Flow	48.23M	-4.52M	19.29M	-82.78M	-58.74M
Investing Cash Flow	-383.44M	-93.62M	-125.19M	8.42M	-1.60M
Financing Cash Flow	398.02M	95.95M	171.82M	22.87M	137.51M

Rubrik, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 87.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RBRK, the sentiment is Positive. The current price of 87.08 is above the 20-day moving average (MA) of 74.11, above the 50-day MA of 76.24, and above the 200-day MA of 78.87, indicating a bullish trend. The MACD of 3.54 indicates Negative momentum. The RSI at 66.04 is Neutral, neither overbought nor oversold. The STOCH value of 87.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RBRK.

Rubrik, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CPAY	75 Outperform	$21.01B	21.16	29.35%	―	11.27%	4.47%
ACIW	73 Outperform	$4.69B	18.93	18.58%	―	7.01%	17.48%
OKTA	70 Neutral	$15.56B	82.48	2.96%	―	12.12%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
NTNX	61 Neutral	$12.77B	63.95	―	―	17.45%	―
RBRK	50 Neutral	$18.93B	―	―	―	48.93%	69.39%
VRNS	48 Neutral	$3.83B	―	-22.17%	―	11.37%	-34.44%

Rubrik, Inc. Class A Corporate Events

Rubrik, Inc. Shines in Earnings Call Amid Challenges

Rubrik, Inc. Reports Strong Quarterly Performance Amidst Challenges

Rubrik, Inc. Reports Strong Q2 2026 Results

Rubrik, Inc., a company specializing in security and AI solutions, operates in the data protection and cyber resilience sector, offering innovative products like the Rubrik Security Cloud platform and Predibase for GenAI deployment.