Rubrik Reports Strong Q2 2027 Earnings with Record Growth and Profitability
Rubrik (RBRK) delivered strong financial results for the second quarter of fiscal year 2027, surpassing all guided metrics. Subscription Annual Recurring Revenue (ARR) reached $1.66 billion, reflecting a 33% year-over-year increase. The company reported net new subscription ARR of approximately $96 million and saw robust growth in customer base with over 3,084 customers spending at least $100,000 annually on subscriptions. Rubrik's CEO Bipul Sinha highlighted the acceleration in net new subscription ARR as a sign of strong demand for its agentic cyber resilience platform. Subscription revenue grew by 37% year-over-year to $407 million and Net Revenue Retention (NRR) remained above 119%. The company also improved its subscription ARR contribution margin significantly, up about 460 basis points compared to the prior year. The results were accompanied by strong free cash flow generation of $66 million for Q2. Rubrik is raising its full-year outlook due to continued market demand and strategic execution.
Tickers: $RBRK
Topics: Conference Call Earnings Financial Results