Rubrik, Inc.RBRK
NYSE•Technology•Software - Infrastructure
Rubrik, Inc. provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, SaaS data protection solutions, and identity provider services protection; data threat analytics; data security posture; identity recovery and resilience services; and cyber recovery solutions. It also provides RUBY, an AI agent for cyber resilience designed to scale data security operations through automation; SENTRYAI, a proprietary AI deep learning-based platform for system health monitoring; and RUBRIK UNIVERSITY, which includes instructor-led training with hands-on labs, on-demand e-learning courses, and certification exams, as well as offers cloud services. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, services, and public sectors. Rubrik, Inc. has strategic collaboration with MEDITECH to offer native cyber resilience to MEDITECH self-hosted cloud and on-premises solutions. Rubrik, Inc. was formerly known as Scaledata, Inc. and changed its name to Rubrik, Inc. in October 2014. The company was incorporated in 2013 and is based in Palo Alto, California.
Rubrik, Inc. (RBRK) reported trailing twelve months revenue of $1.42B as of April 2026, a 45.7% increase year-over-year. Quarterly revenue reached $387.07M, reflecting continued top-line momentum.
Rubrik, Inc. reported a TTM net loss of $288.58M, with quarterly EBITDA of $-40.55M. The operating margin expanded from -33.4% to -13.6%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (-13.6%) and net margin (-10.8%) indicates tight cost control with minimal non-operating drag. Net margin has improved from -36.7% a year ago, signaling stronger bottom-line efficiency.
RBRK trades at a P/S of 7.7x.
The company generated $77.41M in free cash flow over the trailing twelve months, a 110.3% increase year-over-year, indicating strong cash generation ability. The balance sheet shows $2.77B in total assets with no in long-term debt against $-481.32M in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 9 quarters of fundamental data
Operating margins are under pressure, averaging -37.6%. The business may lack pricing power or face rising costs.'
Limited ROE data for a reliable assessment.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 9 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF consistently trails net income (avg -0.7x) — earnings may be inflated by non-cash items or aggressive accounting.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares outstanding increased 13.2% — significant dilution, likely from stock compensation or capital raises.