RBRK Rubrik, Inc.

BULLISH Impact: 7/10 8-K
Horizon days Filed Jun 4, 2026 Processed 10d 13h ago SEC 0001943896-26-000041
8-K Item 2.02: Earnings release

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Executive Summary

Rubrik reported Q1 FY2027 results that exceeded all guided metrics, with total revenue of $387.1M (+39% YoY) and subscription ARR of $1.57B (+32% YoY). The company raised its full-year FY2027 guidance across revenue, EPS, and free cash flow, signaling accelerating operating leverage and durable growth.

Key Financial Metrics

Guidance
$1.638B-$1.648B
raised
Free Cash Flow
$73.6M
Gross Margin
80.5%

Actionable Insight

The strong beat and raised guidance across revenue, EPS, and FCF confirm accelerating operating leverage. Watch for continued subscription ARR growth and margin expansion in Q2 guidance (revenue $395M-$397M, non-GAAP EPS $0.03-$0.05). The raised FY2027 FCF guidance ($293M-$303M) implies ~18% FCF margin, a key profitability milestone for a growth SaaS company.

Key Facts

  • Total revenue $387.1M, +39% YoY (vs $278.5M), above consensus of $366.3M
  • Subscription revenue $374.2M, +41% YoY
  • Subscription ARR $1.57B, +32% YoY
  • GAAP net loss per share $(0.21), improved from $(0.53) YoY
  • Non-GAAP net income per share $0.16, vs non-GAAP net loss per share $(0.15) YoY
  • Operating cash flow $81.7M, +106% YoY; Free cash flow $73.6M, +121% YoY
  • Raised FY2027 guidance: revenue $1.638B-$1.648B, non-GAAP EPS $0.25-$0.35, FCF $293M-$303M
  • Subscription ARR contribution margin improved to 13.2% from 8.0% YoY
  • Cash and investments $1.75B as of April 30, 2026

Financial Impact

Revenue beat consensus by ~5.7% ($387.1M vs $366.3M); non-GAAP EPS of $0.16 vs consensus of -$0.44 represents a 136% beat on the Street-convention metric. Full-year guidance raised across all metrics.

revenueepssubscription_arrfree_cash_flowoperating_cash_flow

Risk Factors

  • Stock-based compensation remains elevated at $73.4M for the quarter, diluting GAAP profitability
  • Macroeconomic uncertainty could slow enterprise subscription adoption
  • Competitive pressure in cyber resilience and data protection market

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
97% bullish (35 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001943896-26-000041
Document: 0001943896-26-000041-index.html0001943896-26-000041
Document: 0001943896-26-000041.txt0001943896-26-000041
8-K Data (Synthetic)0001943896-26-000041
11 reports for RBRK
Performance horizon

Track record builds as more directional reports settle.

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Type Now
Jun 12, 2026
2d ago
Institutional Cluster
NEUTRAL ★ 5/10
$71.76 awaiting T+1awaiting T+1$68.19 (−4.97%)
Jun 11, 2026
3d ago
Institutional Cluster
NEUTRAL ★ 2/10
$71.40 awaiting T+1awaiting T+1$68.19 (−4.50%)
Jun 4, 2026
10d ago
8-K
BULLISH ★ 7/10
$82.00 awaiting T+1awaiting T+1$68.19 (−16.84%)
Jun 4, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$77.00 $73.41▼ −4.66%▼ −2.06%$68.19 (−11.44%)
Jun 4, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$77.00 $73.41▼ −4.66%▼ −2.06%$68.19 (−11.44%)
Jun 4, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$77.00 $73.41▼ −4.66%▼ −2.06%$68.19 (−11.44%)
May 29, 2026
16d ago
144
NEUTRAL ★ 2/10
$85.07 $82.33▼ −3.22%▼ −3.37%$68.19 (−19.84%)
May 1, 2026
6w ago
144
NEUTRAL ★ 2/10
$57.93 $57.93· 0.00%▼ −0.80%$68.19 (+17.71%)
Apr 15, 2026
8w ago
DEFA14A
NEUTRAL ★ 2/10
$51.94 $52.34▲ +0.77%▼ −0.44%$68.19 (+31.29%)
Mar 24, 2026
11w ago
Insider Cluster
MIXED ★ 5/10
$48.07 $47.18▼ −1.85%▼ −2.42%$68.19 (+41.86%)
Showing 10 of 11

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