-
Subscription ARR: Approximately $1.2 billion, growing 38% year over year.
-
Net New Subscription ARR: $89 million in the first quarter.
-
Subscription Revenue: $266 million, growing 54% year over year.
-
Subscription NRR: Above 120%.
-
Customers with $100,000+ in Subscription ARR: 2,381, growing 28% year over year.
-
Subscription ARR Contribution Margin: Improved over 1,800 basis points year over year.
-
Free Cash Flow: Over $33 million in the first quarter.
-
Total Revenue: $278 million, up 49% year over year.
-
Non-GAAP Gross Margin: 80.5% in the first quarter.
-
Cash Position: $762 million in cash, cash equivalents, restricted cash, and marketable securities.
-
Debt: $323 million.
-
Q2 Revenue Guidance: $281 million to $283 million, up 37% to 38%.
-
Full-Year Fiscal 2026 Subscription ARR Guidance: $1.380 billion to $1.388 billion, reflecting a growth rate of 26% to 27%.
-
Full-Year Fiscal 2026 Revenue Guidance: $1.179 billion to $1.189 billion, reflecting a growth rate of 33% to 34%.
-
Full-Year Free Cash Flow Guidance: $65 million to $75 million.
Release Date: June 05, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
-
Rubrik Inc (NYSE:RBRK) reported a strong first-quarter performance, exceeding all guided metrics across top line and profitability.
-
Subscription ARR reached approximately $1.2 billion, growing 38% year over year, with net new Subscription ARR at $89 million.
-
Subscription revenue was $266 million, growing 54% year over year, and Subscription NRR remained strong above 120%.
-
The company reported over $33 million in free cash flow, highlighting strong cash generation.
-
Rubrik Inc (NYSE:RBRK) raised its guidance for the year, reflecting confidence in its market opportunity and growth strategy.
-
Despite strong growth, Rubrik Inc (NYSE:RBRK) reported a non-GAAP earnings per share of negative $0.35 to negative $0.33 for Q2 and negative $1.02 to negative $0.96 for the full year.
-
The company anticipates Subscription ARR contribution margins to be seasonally lowest in Q3, indicating potential fluctuations in profitability.
-
Rubrik Inc (NYSE:RBRK) faces competition from legacy and new-gen vendors, requiring continuous innovation to maintain its market position.
-
The integration of new identity resilience solutions is still in early stages, posing challenges in achieving immediate market penetration.
-
Despite raising guidance, the company remains cautious about macroeconomic uncertainties that could impact future demand.
