Rubrik (NYSE:RBRK) Issues Quarterly Earnings Results

Rubrik (NYSE:RBRK) announced its quarterly earnings results on Thursday. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.19, FiscalAI reports. The company had revenue of $387.07 million for the quarter, compared to analyst estimates of $366.28 million. Rubrik’s revenue for the quarter was up 39.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.15) earnings per share. Rubrik updated its FY 2027 guidance to 0.250-0.350 EPS and its Q2 2027 guidance to 0.030-0.050 EPS.

Here are the key takeaways from Rubrik’s conference call:

• Rubrik reported a record Q1, with subscription ARR of $1.57 billion up 32% year over year and subscription revenue of $374 million up 41%.
• Customer expansion remained strong, with NRR of about 120% and 2,946 customers above $100K in subscription ARR, up 24% year over year.
• Profitability improved meaningfully, as subscription ARR contribution margin rose by more than 500 basis points year over year and free cash flow reached $74 million.
• Management raised full-year guidance and said Mythos/frontier AI developments are driving more customer interest in cyber resilience and recovery, reinforcing Rubrik’s core market thesis.
• Rubrik highlighted early traction in Identity Resilience and Rubrik Agent Cloud, including early POCs converting to production, but these initiatives are still in the early stages of commercialization.

Rubrik Stock Down 3.1%

NYSE:RBRK opened at $77.02 on Friday. Rubrik has a 52 week low of $42.25 and a 52 week high of $103.00. The stock has a market capitalization of $15.58 billion, a PE ratio of -43.52 and a beta of 1.10. The stock’s 50-day moving average price is $58.27 and its 200-day moving average price is $62.54.

Insiders Place Their Bets

In related news, CTO Arvind Nithrakashyap sold 12,820 shares of Rubrik stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $82.16, for a total value of $1,053,291.20. Following the sale, the chief technology officer directly owned 314,048 shares in the company, valued at approximately $25,802,183.68. The trade was a 3.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 721 shares of Rubrik stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $80.73, for a total value of $58,206.33. Following the completion of the sale, the director owned 2,326 shares in the company, valued at approximately $187,777.98. The trade was a 23.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 398,939 shares of company stock valued at $27,628,167 over the last quarter. Insiders own 13.66% of the company’s stock.

Institutional Investors Weigh In On Rubrik

Several institutional investors have recently bought and sold shares of RBRK. Triumph Capital Management acquired a new stake in Rubrik in the 4th quarter worth about $33,000. Banque Cantonale Vaudoise acquired a new stake in Rubrik in the 3rd quarter worth about $34,000. Los Angeles Capital Management LLC acquired a new stake in Rubrik in the 4th quarter worth about $35,000. Comerica Bank boosted its holdings in Rubrik by 209.0% in the 1st quarter. Comerica Bank now owns 584 shares of the company’s stock worth $36,000 after buying an additional 395 shares during the last quarter. Finally, Advocate Investing Services LLC acquired a new stake in Rubrik in the 4th quarter worth about $38,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on RBRK. Wolfe Research reaffirmed an “outperform” rating on shares of Rubrik in a research report on Friday. Robert W. Baird cut their price target on Rubrik from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Friday, March 6th. BTIG Research reaffirmed a “buy” rating on shares of Rubrik in a research report on Friday. Oppenheimer raised Rubrik from a “market perform” rating to an “outperform” rating and set a $85.00 price target on the stock in a research report on Wednesday, May 20th. Finally, The Goldman Sachs Group cut their price target on Rubrik from $120.00 to $80.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Rubrik currently has a consensus rating of “Moderate Buy” and an average target price of $85.12.

Key Rubrik News

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik reported first-quarter fiscal 2027 earnings of $0.16 per share on revenue of $387.1 million, both above estimates, with revenue up 39% year over year. The beat reinforces the company’s growth momentum in cybersecurity and AI-driven data resilience. Rubrik Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management also raised guidance for both Q2 and full-year FY2027, with EPS and revenue outlooks coming in ahead of Wall Street expectations, signaling confidence in continued demand. Rubrik guidance update
• Positive Sentiment: Rubrik’s early access to Anthropic’s Mythos Research Preview could strengthen its AI-enabled cyber resilience platform and support the long-term growth story. Rubrik gets early access to Anthropic Mythos Research Preview
• Neutral Sentiment: Rubrik has also drawn attention from investors after a strong May rally and ongoing optimism around cybersecurity and AI partnerships, keeping sentiment constructive overall. A Look At Rubrik (RBRK) Valuation As AI And Cybersecurity Partnerships Draw Market Attention
• Negative Sentiment: Multiple insiders sold shares, including CTO Arvind Nithrakashyap’s large June 1 sale and additional sales by directors John Wendell Thompson and Yvonne Wassenaar, which can weigh on short-term sentiment after a sharp stock run. SEC filing for Arvind Nithrakashyap sale

Rubrik Company Profile

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).