Key Highlights

  • Rubrik delivered Q4 adjusted earnings per share of $0.04, surpassing analyst expectations of -$0.11 by $0.15.
  • Quarterly revenue totaled $377.7 million, representing 46% growth compared to last year and exceeding the $350.56 million consensus.
  • Subscription annual recurring revenue climbed to $1.46 billion, including a quarterly record of $115 million in net new subscription ARR.
  • Fiscal 2027 revenue outlook of $1.602 billion at the midpoint surpasses analyst consensus of $1.58 billion.
  • Shares gained approximately 5% during extended trading hours after the announcement.

Rubrik delivered standout quarterly results that impressed investors. The cybersecurity company’s Q4 fiscal 2026 performance exceeded analyst projections on multiple fronts, while forward guidance for the coming year topped Wall Street expectations.

The company reported adjusted earnings per share of $0.04, delivering a $0.15 beat against the -$0.11 consensus forecast. Quarterly revenue totaled $377.7 million, surpassing the $350.56 million estimate while posting 46% growth versus the prior-year period.

Rubrik achieved a quarterly record by adding $115 million in net new subscription ARR. Total subscription ARR expanded 34% year-over-year, reaching $1.46 billion.


RBRK Stock Card
Rubrik, Inc., RBRK

CEO Bipul Sinha highlighted that the acceleration in net new subscription ARR growth “at our scale demonstrates that Rubrik is an increasingly critical platform for the AI era.”

Rubrik’s adjusted gross margin expanded to 83.7% in Q4, compared to 79.7% during the same quarter last year. This margin improvement represents significant progress for a company continuing its journey toward sustained profitability.

The quarter concluded with 2,805 customers contributing $100,000 or more in subscription ARR, marking 25% growth year-over-year. Quarterly free cash flow totaled $70.1 million, compared to $75.2 million during Q4 of fiscal 2025.

Forward Outlook Exceeds Expectations

For Q1 fiscal 2027, Rubrik provided revenue guidance ranging from $365 million to $367 million. The $366 million midpoint surpasses the $349.5 million analyst consensus. Adjusted EPS guidance spanning -$0.04 to -$0.02 beats the -$0.07 consensus forecast.

Full fiscal year 2027 revenue guidance ranges from $1.597 billion to $1.607 billion. The $1.602 billion midpoint exceeds the $1.58 billion consensus estimate. Annual adjusted EPS guidance of $0.07 to $0.27 encompasses the $0.07 analyst projection at the lower boundary.

Shares climbed roughly 5% during after-hours trading following the earnings release.

Market Activity and Analyst Sentiment

During the regular session prior to the earnings announcement, RBRK faced selling pressure. Shares declined $3.09 to close at $54.43 on elevated volume approaching 8 million shares, well above the 3.79 million average. The stock remains significantly below its 12-month peak of $103.00.

Wall Street analysts maintain generally favorable views on the stock. KeyCorp carries an “overweight” rating with an $80 price target, revised down from $95. Piper Sandler assigns an “overweight” rating with a $99 target. The consensus rating among 25 analysts stands at “Moderate Buy” with an average price objective of $98.68.

Company insiders have divested roughly 247,878 shares valued at approximately $18.15 million during the previous 90 days. Insider ownership remains at 32.38% of outstanding shares. Institutional investors control 49.54% of the company.

Technical indicators show the 50-day moving average at $60.02, while the 200-day moving average stands at $72.22.