Rubrik beats Q1 estimates, raises full-year guidance as cyber resilience demand rises

Proactive

Fri, June 5, 2026 astatine 9:40 AM CDT 2 min read

Cybersecurity institution Rubrik Inc (NYSE:RBRK) reported first-quarter results that topped Wall Street estimates aftermarket Thursday, lifted by beardown subscription maturation and improving margins, and raised its full-year outlook arsenic request for AI-era cyber resilience solutions continues to build.

The information information steadfast posted adjusted net per stock of $0.16 for its fiscal archetypal quarter, good supra expert estimates of a $0.53 loss. Total gross roseate 39% year-over-year to $387.1 million, beating the Street's $366.3 cardinal estimation and topping the company's ain guidance scope of $365 cardinal to $367 million.

Subscription gross climbed 41% to $374.2 million, portion subscription yearly recurring gross reached $1.57 billion, up 32% year-over-year and somewhat supra statement estimates of $1.55 billion. Cloud ARR grew 43% to $1.39 billion, with the institution noting its unreality migration is nearing completion. Subscription nett gross retention held astatine 120%.

The company's high-value lawsuit basal continued to expand, with 2,946 customers present spending much than $100,000 successful subscription ARR, up 24% from a twelvemonth ago. Customers spending $1 cardinal oregon much grew much than 50% year-over-year.

Rubrik raised its fiscal 2027 gross guidance to $1.638 cardinal to $1.648 billion, supra the anterior Street estimation of $1.608 billion, and lifted its adjusted EPS outlook to $0.25 to $0.35 versus anterior statement of $0.17. Full-year subscription ARR guidance was raised to $1.854 cardinal to $1.862 billion, topping some anterior guidance and expert estimates.

For the fiscal 2nd quarter, Rubrik guided for gross of $395 cardinal to $397 million, up of the $382.8 cardinal consensus, and adjusted EPS of $0.03 to $0.05.

Wedbush expert maintained an Outperform standing and $90 terms people connected the stock, noting that AI-driven threats are making onslaught detection progressively hard and driving elevated endeavor request for resilience and accelerated betterment solutions. The steadfast pointed to maturation successful Rubrik's individuality business, wherever subscription ARR roseate 38% sequentially to much than $50 million, arsenic a important opportunity.

Rubrik shares fell 4.3% successful Friday greeting trading.