NYSE$RBRK

Rubrik Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

Rubrik reported Q3 revenue of $350.2M with subscription transition momentum.

Third-quarter total revenue was $350.2 million, up 48% year over year, as customers adopt Rubrik Security Cloud on a subscription basis. The company continues transitioning from legacy CDM licenses to RSC subscriptions.

  • Q3 revenue $350.2M (+48% YoY).
  • RSC majority of revenue mix.
  • Subscription ARR growth highlighted.
  • Professional services revenue increased.

Headline financials

Total Revenue

$350M

Previous: $236M+48.3%
EPS (adj)

$0.10

Previous: -$0.21+147.6%
Subscription ARR

$1.35B

Previous: $1B+34.7%
Customers with $100K+ Subscription ARR

2.6K

No prior period
Subscription ARR Contribution Margin

10.3%

Previous: -3.3%+412.1%
GAAP Gross Margin

80.5%

Previous: 76.2%+5.6%
Non-GAAP Gross Margin

82.8%

Previous: 79.2%+4.5%
Cash, Cash Equivalents, and Short-Term Investments

$1.6B

No prior period
Capital Expenditures

-$11.1M

Previous: -$11.3M+1.9%
Free Cash Flow

-$74.9M

Previous: -$142M+47.3%
Net Income

-$63.8M

Previous: -$131M+51.2%
Operating Income

-$75.5M

Previous: -$125M+39.5%
Gross Profit

$282M

Previous: $180M+56.7%
Cash & Equivalents

$307M

No prior period
Total Assets

$2.55B

No prior period

Revenue & EPS history

Rubrik Inc · Revenue · Quarterly

$350M

Q3 2026+48.3%vs Q3 2025
Beat estimate in 8 of 9 quarters(89%)
ActualEstimate

Revenue by segment

Rubrik Inc · $175M total across 3 segments · Q4 2024

  • Subscription Revenue
    $159M
  • Other Revenue
    $9.48M
  • Maintenance Revenue
    $6.88M

Forward guidance

The filing outlines Rubrik's outlook, including operating priorities, capital allocation, and key risks, with specific numeric guidance where management provided it.

Tailwinds

  • Rubrik cites execution on growth initiatives and balance-sheet flexibility.
  • Management emphasizes capital allocation and operational priorities in the filing.

Headwinds

  • Macro, pricing, and competitive pressure may affect margins.
  • One-time items and segment mix can affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+2.9%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+5.1%

Avg return

30 days after

57%

8 / 14 earnings

Positive

+27.8%

Q4 2025

Best reaction

-18.2%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-4.7%-7.3%
Q4 2026-0.8%-3.6%-18.9%
Q3 2026+22.3%+27.7%+7.2%
Q2 2026-18.2%-23.2%-16.4%
Q1 2026-0.6%-9.9%-9.6%
Q4 2024+3.8%+2.6%+42.4%
Q4 2025+27.8%+28.4%+6.7%
Q3 2023+2.5%+3.6%-9.9%
Q3 2025+22.8%+31.6%+27.1%
Q2 2023-9.0%-3.8%+18.0%
Q2 2024+2.8%-0.7%+17.2%
Q1 2024+1.2%-4.6%+5.4%
Q1 2023+1.2%-4.6%+5.4%
Q1 2025-10.2%-9.1%-7.7%
Q4 2023

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