Rubrik Reports Strong Q2 Results with Raised Fiscal 2027 Outlook
Rubrik, Inc. (NYSE: RBRK) reported second-quarter fiscal 2027 results that exceeded guidance across key metrics. Subscription annual recurring revenue (ARR) rose to $1.66 billion, up 33% year over year, while total revenue increased by 38% to $427.3 million and free cash flow reached $65.7 million. The company also raised its full-year outlook for subscription ARR, revenue, free cash flow, and non-GAAP earnings per share. Rubrik highlighted strong net revenue retention of over 119%, with the number of customers generating at least $100,000 in subscription ARR growing by 23%. The company is expanding into AI-agent security through its Rubrik Agent Cloud offering, which now has more than 15 paying customers. CEO Bipul Sinha noted continued outperformance for the tenth consecutive quarter as a public company. The firm also emphasized improved profitability and balance sheet strength, with $1.75 billion in cash equivalents despite carrying $1.13 billion in convertible debt.
Tickers: $RBRK
Topics: cybersecurity data_protection free_cash_flow revenue_growth