Rubrik Inc. - Ordinary Shares - Class A

Rubrik Inc. - Ordinary Shares - Class A

RBRK

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Market Cap$19.15B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Rubrik Inc. - Ordinary Shares - Class ARubrik Inc. - Ordinary Shares - Class A-73.3-51%12.5-4.6

Earnings Call Q2 2027

August 27, 2026 - AI Summary

Q2 results: strong growth + improving profitability + cash flow - Subscription ARR: $1.66B, +33% YoY - Net new subscription ARR: ~$96M in the quarter (highlighted as accelerated growth; +35% YoY for net new subscription ARR in Q2) - Subscription revenue: $407.2M, +37% YoY - NRR: >119% (continued strong retention/expansion) - Profitability: subscription ARR contribution margin improved ~460 bps YoY (implies meaningful operating leverage) - Free cash flow: ~$66M (Kiran also cited $65.7M) - Good/surprising: the call repeatedly emphasized “10th consecutive quarter” of beating guided metrics and another quarter of margin + cash improvement alongside growth.
Raised full-year outlook (durable execution), with AI-driven demand narrative - Management said they’re raising outlook for the year again based on performance and confidence in the market. - Key thesis: AI is shifting cyber from “prevention/detection” to “assume breach + machine-speed recovery” and from human-speed to AI-agent-speed attacks. - They cited Anthropic’s “Project Glasswing” as evidence that AI can automate vulnerability discovery → chaining → breach, and that legacy defenses may not keep up. - Opportunity framing: Rubrik positions itself as delivering agentic cyber resilience and agent security/governance, claiming customers will increasingly require this at a “board-level standard.”
Guidance: Q3 and FY27 forecasts include revenue headwinds from material rights - Q3 FY27 revenue: $429M–$431M (+23% YoY; +31% normalized for material rights) - Q3 material rights contribution: ~$2M–$3M - Q3 non-GAAP subscription ARR contribution margin: ~14% - Q3 non-GAAP EPS: $0.07–$0.09 - FY27 subscription ARR: $1.88B–$1.885B (~+29% YoY) - FY27 total revenue: $1.685B–$1.693B - FY27 material rights (headwind): ~$18M (explicitly called out as a meaningful headwind to reported revenue growth; normalized growth expected to outpace subscription ARR growth) - FY27 non-GAAP subscription ARR contribution margin: ~15.5% - FY27 non-GAAP EPS: $0.47–$0.53 - FY27 free cash flow: $323M–$333M - Good: investors were reassured that performance is strong in spite of normalization/mix mechanics and that margins/cash are improving.

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$101.44

Target Price by Analysts

16.4% upsideRubrik Target Price DetailsTarget Price
$-5.22

Current Fair Value

106% downside

Overvalued by 106% based on the discounted cash flow analysis.

Share Statistics

Market cap$19.15 Billion
Enterprise Value$21.05 Billion
Dividend Yield$- (-)
Earnings per Share$-1.78
Beta1.17
Outstanding Shares204,903,000

Return

Return on Equity50.94%ROE
Return on Assets-8.94%
Return on Invested Capital-14.20%

Valuation & Multiples

P/E Ratio-73.27P/E Ratio
PEG205.8PEG
Price to Sales12.45Price to Sales
Price to Book Ratio-29.06Price to Book Ratio
Enterprise Value to Revenue13.65
Enterprise Value to EBIT-101.38
Enterprise Value to Net Income-83
Total Debt to Enterprise0.11
Debt to Equity-4.63Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
August 27, 2026
EPS Estimate
$0.04
Average shareholder expectation
Revenue Estimate
$396.30 M
Average shareholder expectation

Next Earnings Call

Expected Date
September 8, 2026
EPS Estimate
$0.04
Average shareholder expectation
Revenue Estimate
$396.22 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.5622 12.63%
Total Calls4,733,400 9.96%
Total Puts2,660,900 10.21%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %71.76% 12.81%
Total Invested$10.66B 87.51%
Investors Holding615 119.00%

ESG Score

No data

About Rubrik Inc.