Rubrik Inc

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Rubrik, Inc. engages in the provision of cloud data management solutions. Its solutions include backup and recovery, VM backup, Microsoft 365, ransom ware recovery, database backup, cloud solutions, and Polaris sonar. Rubrik products include data protection, data threat analytics, data security posture and cyber recovery. The company was founded by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap in December 2013 and is headquartered in Palo Alto, CA.

American Healthcare REIT Inc

Astera Labs Inc

BrightSpring Health Services Inc

Ibotta Inc

Lineage Inc

Onestream Inc

Reddit Inc

UL Solutions Inc

Waystar Holding Corp

Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3 2024, and $26.28 billion raised in the first three quarters, nearly double 2023. European IPO activity slowed in Q3 2024, with 30 transactions and $770 million offered, but $17.46 billion raised through Q3 2024, up from $13.50 billion in 2023.

Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years

PALO ALTO, Calif.--(BUSINESS WIRE)--As organizations and their volume of Microsoft 365 data grow, protecting sensitive data and managing access has become even more important. The need for strong security and governance practices is only intensified as more organizations leverage powerful AI tools like Microsoft 365 Copilot. Today Rubrik, Inc. (NYSE: RBRK) announces Rubrik Data Security Posture Management (DSPM) for Microsoft 365 Copilot to provide greater visibility and control of sensitive da.

Rubrik Unveils Data Security Posture Management for Microsoft 365 Copilot

Shares of Rubrik have started to rally after posting a strong Q2 beat and raise and passing its IPO lockup period. In spite of recent gains, I'm reiterating my buy rating on this stock and establishing a $48 price target (~30% upside, based on 8x next year's revenue). The company is achieving tremendous mid-30s growth at scale, with an ARR base growing at a ~40% clip that nearly already covers next year's consensus revenue.

Rubrik: Fierce ARR Growth Coupled With Path To Profitability

Rubrik, a fast-growing cybersecurity company, is trading at an attractive entry point at $31/share despite current market risk aversion and geopolitical concerns. The company's ARR growth is robust, with a 40% year-on-year increase in the latest reported quarter, reflecting strong user adoption and satisfaction. RBRK's advanced data protection and recovery solutions, including genAI integration, position it as a leader in the data back-up and recovery space with significant competitive advantages.

Rubrik: A Leading Data Resiliency Solution That Deserves More Attention

Rubrik Inc. RBRK is a leading cybersecurity company specializing in data protection and recovery, and it is quickly becoming a key player in the rapidly expanding cybersecurity sector. Since its initial public offering (IPO) in April, Rubrik has demonstrated strong financial performance, highlighted by significant growth in Subscription Annual Recurring Revenue (ARR) and cloud ARR.

Rubrik: Riding the AI Wave in the Cybersecurity Boom

RBRK faces stiff competition and macroeconomic challenges, but its expanding clientele and high demand for data security solutions offer potential for growth.

Rubrik Plunges 13% YTD: How Should Investors Play the Stock?

Pure Storage

PALO ALTO, Calif.--(BUSINESS WIRE)--Data is the new currency in today's digital economy. However, organizations face unprecedented challenges with exponential data growth, including performance bottlenecks, a lack of practical data visibility, and increasing cyber threats. Today, Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ company, and Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, are partnering in bringing.

Rubrik and Pure Storage Partner to Offer Complete Cyber Resilience, Protecting Data and Minimizing Downtime

Bausch Health Companies Inc

VeriSign

Tom Yeung here with your Sunday Digest.  During the early 1990s real estate crisis, the Marriott Corp. hotel chain found itself in trouble.

3 Stocks Billionaires Are Buying Now

PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik (NYSE: RBRK), the Zero Trust Data Security™ Company, today announces its Rubrik Cyber Recovery capabilities are now available for Nutanix AHV, a modern and secure virtualization platform that powers both virtual machines (VMs) and containers on-premises and in public clouds. With Rubrik Cyber Recovery, Nutanix AHV users can now confidently test and validate their recovery plans in clean rooms and expedite their forensic investigations, helping to provi.

Rubrik Boosts Cyber Recovery and Incident Response for Nutanix AHV

Rubrik, Inc. demonstrates strong top-line growth and improved operating margins in Q2 '25, driven by a shift to subscription-based revenue streams, with a projected eFY25 revenue growth rate of 31-32%. Rubrik's niche focus on data resiliency and partnerships with major firms like Microsoft and CrowdStrike position it well for continued growth amid rising AI/ML adoption. Despite competition from larger cybersecurity platforms, Rubrik's rapid recovery times and unique post-breach solutions provide a durable business case for enterprises.

Rubrik Has Cybersecurity Platforms To Compete With For Market Share

PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ Company, today announced that it is scheduled to present at the following investor conference: Goldman Sachs Communacopia + Technology Conference Location: San Francisco Date: Thursday, September 12, 2024 Presentation Time: 8:50 a.m. PT The presentation will be webcast live and archived on the Company's investor relations website at https://ir.rubrik.com. About Rubrik Rubrik (NYSE: RBRK) is on a mission.

Rubrik to Present at Goldman Sachs Communacopia + Technology Conference

Rubrik (RBRK) shares lost ground Tuesday as the lock-up period following the data security firm's initial public offering (IPO) is set to expire, offsetting solid fiscal 2025 second-quarter results.

Data Security Firm Rubrik Stock Falls on End of Lock-Up Period

Rubrik has demonstrated strong growth, with subscription ARR up 40% and total revenue increasing 35% year-over-year, despite trading near IPO lows. The company benefits from heightened demand for cyber resilience, highlighted by the recent CrowdStrike outage, which underscores the need for robust data recovery systems. With a market cap of $5.6 billion and ARR forecasted to top $1 billion, Rubrik's stock is an attractive buy at 5x forward EV/S targets.

Rubrik: Lots To Love

Shares of Rubrik fell more than 6% on Tuesday, as the markets braced for the expiry of a lockup period tied to its initial public offering, clouding the Microsoft-backed cybersecurity company's upbeat second-quarter revenue.

Rubrik shares fall as Microsoft-backed firm nears IPO lockup expiry

Rubrik, Inc.'s rapid growth, driven by weak prior-year comparables and a consumption-based model, raises concerns about the sustainability of its growth rates. Despite strong annual recurring revenue and subscription growth, Rubrik's volatile growth rates and unpredictable cash flows temper my optimism. Rubrik's valuation appears cheap, but its financial position and cash flow prospects are less robust compared to peers like SentinelOne.

Rubrik Earnings: More Questions Than Answers

Hewlett Packard

Ionis Pharma

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Tuesday.

Rubrik Reports Q2 Results, Joins Ionis Pharmaceuticals, Hewlett Packard Enterprise And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Rubrik's stock dipped post-earnings despite beating guidance and raising its full-year outlook, likely due to the upcoming IPO lock-up expiration. RBRK remains unprofitable even on a non-GAAP basis, but its large cash position can support ongoing losses. The company's cybersecurity positioning makes it a mission-critical product for its customers.

Rubrik: Expiration Of IPO Lockup Overshadows Strong Results

Rubrik, Inc. (NYSE:RBRK ) Q2 2025 Results Conference Call September 9, 2024 5:00 PM ET Company Participants Melissa Franchi - Vice President, Head of Investor Relations Bipul Sinha - CEO, Chairman and Co-Founder Kiran Choudary - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Fatima Boolani - Citi Andrew Nowinski - Wells Fargo Gregg Moskowitz - Mizuho Joel Fishbein - Truist Securities Eric Heath - KeyBanc Capital Markets Yi Fu Lee - Cantor Fitzgerald Todd Coupland - CIBC Brad Zelnick - Deutsche Bank Shrenik Kothari - Baird James Fish - Piper Sandler Operator Good day, everyone, and welcome to today's Rubrik Second Quarter Fiscal Year 2025 Results Conference Call. At this time, all participants are in a listen-only mode.

Rubrik, Inc. (RBRK) Q2 2025 Earnings Call Transcript

PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ company, today announced financial results for the second quarter fiscal year 2025, ended July 31, 2024. “The long list of recent successful cyber attacks and IT outages is driving organizations to increasingly recognize the need for a robust cyber resilience plan to ensure business continuity in the face of cyber disruptions. Our Subscription ARR up 40% year-over-year in Q2 to $919 million showcases th.

Rubrik Reports Second Quarter Fiscal Year 2025 Financial Results

PALO ALTO, Calif.--(BUSINESS WIRE)--As ransomware attacks on healthcare organizations have become life-and-death situations for patients, more providers are turning to Rubrik, Inc. (NYSE: RBRK) to ensure continuity of patient care. In fact, the company has experienced impressive growth across its healthcare vertical, with a more than 50% year-over-year increase in Subscription ARR as of Q1 FY 25. Driven by this market momentum and customer success, Rubrik invites all healthcare technology and s.

Healthcare Organizations Turn to Rubrik for Cyber Resilience as Company Hosts its First Industry Summit

RBRK's fiscal second-quarter performance is likely to reflect benefits from its expanding clientele and increased demand for its data security solutions.

Rubrik to Post Q2 Earnings: Should You Buy the Shares or Steer Clear?

HERNDON, Va. & LEEDS, England--(BUSINESS WIRE)--Assured Data Protection (Assured), the prominent IT managed services provider (MSP) for cloud data protection solutions, today announces the expansion of its operations into Latin America, including establishing Rubrik's presence across the region. The two companies enter a joint venture agreement that ensures enterprises of all sizes across the region can achieve true cyber resiliency through Assured's 24/7/365 managed service. Assured, a Rubrik.

Assured Data Protection Launches Latin America Operations Offering Rubrik Technology

PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ Company, today announces that it will release financial results for its second quarter fiscal 2025 ended July 31, 2024, after the market closes on Monday, September 9, 2024. Management will also host a live conference call that day at 2:00 pm PT / 5:00 pm ET to discuss the Company's financial results. A live webcast of the conference call and related materials can be accessed from the Company's investor.

Rubrik to Report Second Quarter Fiscal 2025 Financial Results on September 9, 2024

MISSOULA, Mont. & SEATTLE--(BUSINESS WIRE)--Submittable, a leading social impact platform, today announced its acquisition of WizeHive.

Submittable Acquires WizeHive, Cementing its Leadership in Social Impact Tech

PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik (NYSE: RBRK), the Zero Trust Data Security™ Company, has been recognized by Gartner Inc. as a Leader and has been positioned furthest in Completeness of Vision for the fifth consecutive year in the 2024 Magic Quadrant for Enterprise Backup and Recovery Software Solutions. “We believe our recognition as a Leader in the Gartner Magic Quadrant underscores our dedication to executing on our vision," said Bipul Sinha, CEO, Chairman, and Co-founder of Rubrik.

Rubrik is Named a Leader, Positioned Furthest in Vision For Fifth Consecutive Year in the 2024 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions

News for Rubrik Inc Stock (RBRK)