Rubrik (RBRK)


Market Price (9/15/2026): $97.99 | Market Cap: $20.2 BilSector: Information Technology | Industry: Systems Software

Rubrik (RBRK)


Market Price (9/15/2026): $97.99
Market Cap: $20.2 Bil
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 42%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%

Megatrend and thematic drivers
Megatrends include Cybersecurity, and Cloud Computing. Themes include Cloud Security, Software Security, Show more.

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -282 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -18%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 22%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 91%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.5%

Key risks
RBRK key risks include [1] a consistent lack of profitability and negative shareholder equity and [2] a high valuation that demands near-perfect execution to avoid a significant stock sell-off.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 42%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%
2 Megatrend and thematic drivers
Megatrends include Cybersecurity, and Cloud Computing. Themes include Cloud Security, Software Security, Show more.
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -282 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -18%
4 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 22%
5 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 91%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.5%
7 Key risks
RBRK key risks include [1] a consistent lack of profitability and negative shareholder equity and [2] a high valuation that demands near-perfect execution to avoid a significant stock sell-off.

RBRK in ETFs

Weight = RBRK's share of each fund

VTI0.02%
ITOT0.02%
IWB0.02%
VB0.13%
ARKW1.7%
IGV0.48%
IWP0.27%
SCHM0.27%
+14 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/14/2026

Rubrik (RBRK) stock has gained about 25% since 5/31/2026 because of the following key factors:

1. Rubrik exceeded expectations with its fiscal Q1 2027 earnings (for the quarter ended April 30, 2026) and raised its full-year guidance. The company reported adjusted earnings per share of $0.16, significantly surpassing the anticipated loss of $0.03. Revenue reached $387 million, a 39% year-over-year increase, exceeding the $366.3 million forecast. Rubrik subsequently raised its full-year fiscal 2027 revenue outlook to a range of $1.64 billion to $1.65 billion.

2. The company continued its strong performance in fiscal Q2 2027 (for the quarter ended July 31, 2026), again beating analyst estimates and further elevating its fiscal year 2027 outlook. Rubrik reported $0.20 EPS, significantly higher than the expected $0.04, and revenue of $427.26 million, up 43.9% year-over-year, against an estimated $396.30 million. Full fiscal year 2027 guidance was further raised, with Subscription ARR projected between $1.88 billion and $1.885 billion, and total revenue between $1.685 billion and $1.693 billion.

Show more
Updated on 9/14/2026

Rubrik (RBRK) stock has gained about 25% since 5/31/2026 because of the following key factors:

1. Rubrik exceeded expectations with its fiscal Q1 2027 earnings (for the quarter ended April 30, 2026) and raised its full-year guidance. The company reported adjusted earnings per share of $0.16, significantly surpassing the anticipated loss of $0.03. Revenue reached $387 million, a 39% year-over-year increase, exceeding the $366.3 million forecast. Rubrik subsequently raised its full-year fiscal 2027 revenue outlook to a range of $1.64 billion to $1.65 billion.

2. The company continued its strong performance in fiscal Q2 2027 (for the quarter ended July 31, 2026), again beating analyst estimates and further elevating its fiscal year 2027 outlook. Rubrik reported $0.20 EPS, significantly higher than the expected $0.04, and revenue of $427.26 million, up 43.9% year-over-year, against an estimated $396.30 million. Full fiscal year 2027 guidance was further raised, with Subscription ARR projected between $1.88 billion and $1.885 billion, and total revenue between $1.685 billion and $1.693 billion.

3. Analyst sentiment turned increasingly positive, leading to multiple price target upgrades. Following the strong financial results, several research analysts raised their price targets for Rubrik. For example, Truist Financial increased its target from $90.00 to $135.00, Cantor Fitzgerald from $95.00 to $120.00, and Mizuho from $90.00 to $112.00. The consensus price target for Rubrik from 28 analysts stands at an average of $118.70, reflecting a "Strong Buy" rating.

4. Increased demand within the cybersecurity sector, particularly for AI-driven cyber resilience solutions, provided a favorable market backdrop. The broader cybersecurity market experienced renewed investor interest amid ongoing digital transformation trends and the rise of AI-driven cyber threats, with peers like Zscaler and Okta also showing strong gains. Rubrik capitalized on this by emphasizing its platform for agentic cyber resilience, which integrates data, identity, and AI, and by launching new capabilities such as lakehouse protection for Apache Iceberg data on AWS and agentic automation in partnership with CrowdStrike.

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Stock Movement Drivers

Fundamental Drivers

The 27.4% change in RBRK stock from 5/31/2026 to 9/14/2026 was primarily driven by a 17.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120269142026Change
Stock Price ($)78.63100.2027.4%
Change Contribution By: 
Total Revenues ($ Mil)1,3161,54217.2%
P/S Multiple12.013.411.6%
Shares Outstanding (Mil)201206-2.5%
Cumulative Contribution27.4%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/14/2026
ReturnCorrelation
RBRK27.4% 
Market (SPY)0.6%25.9%
Sector (XLK)-3.5%24.1%

Fundamental Drivers

The 92.8% change in RBRK stock from 2/28/2026 to 9/14/2026 was primarily driven by a 55.5% change in the company's P/S Multiple.
(LTM values as of)22820269142026Change
Stock Price ($)51.96100.2092.8%
Change Contribution By: 
Total Revenues ($ Mil)1,1971,54228.9%
P/S Multiple8.613.455.5%
Shares Outstanding (Mil)198206-3.7%
Cumulative Contribution92.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/14/2026
ReturnCorrelation
RBRK92.8% 
Market (SPY)11.2%25.6%
Sector (XLK)33.0%30.7%

Fundamental Drivers

The 12.1% change in RBRK stock from 8/31/2025 to 9/14/2026 was primarily driven by a 57.7% change in the company's Total Revenues ($ Mil).
(LTM values as of)83120259142026Change
Stock Price ($)89.40100.2012.1%
Change Contribution By: 
Total Revenues ($ Mil)9781,54257.7%
P/S Multiple17.513.4-23.6%
Shares Outstanding (Mil)192206-7.0%
Cumulative Contribution12.1%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/14/2026
ReturnCorrelation
RBRK12.1% 
Market (SPY)19.0%29.3%
Sector (XLK)41.0%34.9%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/14/2026
ReturnCorrelation
RBRK  
Market (SPY)74.9%43.0%
Sector (XLK)113.8%44.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
RBRK Return---77%17%13%134%
Peers Return38%-17%61%48%6%102%488%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
RBRK Win Rate---56%42%44% 
Peers Win Rate73%40%58%68%55%62% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
RBRK Max Drawdown-----34%-43% 
Peers Max Drawdown-18%-32%-16%-27%-34%-29% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CVLT, DELL, NTAP, IBM, PANW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/14/2026 (YTD)

How Low Can It Go

EventRBRKS&P 500
2025 US Tariff Shock
  % Loss-30.2%-18.8%
  % Gain to Breakeven43.3%23.1%
  Time to Breakeven31 days79 days

Compare to CVLT, DELL, NTAP, IBM, PANW

In The Past

Rubrik's stock fell -30.2% during the 2025 US Tariff Shock. Such a loss loss requires a 43.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventRBRKS&P 500
2025 US Tariff Shock
  % Loss-30.2%-18.8%
  % Gain to Breakeven43.3%23.1%
  Time to Breakeven31 days79 days

Compare to CVLT, DELL, NTAP, IBM, PANW

In The Past

Rubrik's stock fell -30.2% during the 2025 US Tariff Shock. Such a loss loss requires a 43.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Rubrik (RBRK)

Rubrik (RBRK) is a cybersecurity company dedicated to securing the world's data through its Zero Trust Data Security platform. Recognizing that cyberattacks inevitably target data, Rubrik's mission is to deliver cyber resilience, enabling organizations to both protect their data across cloud environments and recover effectively from sophisticated cyberattacks. They address shortcomings of traditional cybersecurity methods and legacy backup solutions by specifically designing for cyber recovery and data threat analytics.

The company's primary product is the Rubrik Security Cloud (RSC), a cloud-native Software-as-a-Service (SaaS) platform built on Zero Trust principles. RSC detects, analyzes, and remediates data security risks and unauthorized user activities across enterprise, cloud, and SaaS applications. It utilizes a unique architecture to create "self-describing data as a time-series," allowing artificial intelligence and machine learning to identify emergent data security threats and recommend automated remediation. RSC focuses on three core principles: data resilience (always available), data observability (continuous monitoring), and data remediation (rapid recovery without reinfection).

Rubrik serves over 6,100 customers globally, ranging from organizations of all sizes across diverse industries. They employ a "land and expand" sales strategy, initially securing customer data across private cloud, network-attached storage (NAS), cloud, or SaaS applications. Expansion is driven by the growth of data, securing new applications, and adopting additional data security products, leading to a strong average subscription dollar-based net retention rate of 133%. The company measures its growth through Subscription Annual Recurring Revenue (ARR), which reached $784.0 million as of January 31, 2024.

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1. Think of it as **Veeam** or **Commvault** (traditional data backup) rebuilt for the cyber-threat era, offering AI-powered data security and guaranteed recovery from ransomware.

2. It's like the **Salesforce** (cloud-native SaaS leader) for enterprise data security and cyber recovery, managing your most critical data's resilience.

3. It's akin to **CrowdStrike** for your data itself, providing advanced cybersecurity and unparalleled recovery capabilities directly at the data level, not just the perimeter or endpoint.

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  • Rubrik Security Cloud (RSC): A cloud-native SaaS platform that provides Zero Trust Data Security to help organizations achieve cyber resilience by protecting and recovering data across enterprise, cloud, and SaaS applications from cyberattacks and other disruptions.

AI Analysis | Feedback

Rubrik (RBRK) sells primarily to other companies and organizations, not individuals. The provided company description indicates that Rubrik's customers are "organizations of all sizes across a wide range of industries and geographies" that leverage Rubrik Security Cloud (RSC) to secure their data across enterprise, cloud, and SaaS applications and achieve cyber resilience.

However, the provided text does not name specific customer companies or their symbols.

AI Analysis | Feedback

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Bipul Sinha, CEO, Chairman and Co-Founder

Bipul Sinha is an entrepreneur, engineer, and venture capitalist, currently serving as the CEO, Chairman, and Co-founder of Rubrik, Inc. and a Venture Partner at Lightspeed Venture Partners. He was previously a Partner at Lightspeed, where he focused on software, mobile, and Internet investments, including Nutanix (where he was a founding investor and board member), Pulse News, Bromium, and PernixData. Before Lightspeed, he was a founding investor and board member for Nutanix and Hootsuite at Blumberg Capital. Sinha also held engineering positions at Oracle Corporation, American Megatrends, and IBM, and holds several patents in distributed computing. He led Rubrik to a successful IPO on the NYSE in April 2024.

Kiran Choudary, Chief Financial Officer

Kiran Choudary leads Rubrik's finance, IT, product operations, and workplace teams. Prior to joining Rubrik, he served as VP of Finance & Strategy at Atlassian and contributed to its successful IPO in 2015. Before Atlassian, Choudary was a VP at Goldman Sachs, where he advised technology industry clients on capital raising and mergers and acquisitions. His early career included leading software development teams at Oracle.

Arvind Nithrakashyap, Co-Founder and CTO

Arvind Nithrakashyap possesses extensive experience in building storage, databases, and distributed systems. He previously led the real-time ad infrastructure team at Rocketfuel and started his career at Oracle, where he co-founded the Exadata storage platform.

Peter McGoff, Chief Legal Officer

Peter McGoff brings over 20 years of legal experience, having served as the top attorney at various public and private enterprise-focused technology companies. Before Rubrik, he was Chief Legal Officer and Corporate Secretary at Box, contributing to the company's successful IPO in 2015. He also held the position of Senior Vice President and General Counsel at Informatica Corporation, then a public enterprise software company.

Mike Tornincasa, Chief Business Officer

Mike Tornincasa has 20 years of experience in business development and technology sales. As an early employee and Rubrik's first VP of Sales, he played a crucial role in leading the company's go-to-market innovation and its evolution in data security. Prior to Rubrik, Tornincasa held sales roles at companies such as EMC and Medallia, Inc.

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Key Risks for Rubrik (RBRK)

  1. Evolving Cyber Threat Landscape: Rubrik's core mission is to secure the world's data against cyberattacks. A significant risk is the continuous evolution and increasing sophistication of cyberattacks, which could potentially render Rubrik's "Zero Trust Data Security" platform and solutions less effective or obsolete if the company fails to adapt quickly and develop countermeasures for new threats and attack vectors.
  2. Intense Competition and Rapid Technological Change: The cybersecurity market in which Rubrik operates is characterized by intense competition and rapid technological advancements. Rubrik faces the risk that new entrants with disruptive technologies or existing competitors developing more advanced, efficient, or cost-effective data security and recovery solutions could erode its market share, impact its pricing power, and hinder its ability to acquire and retain customers.
  3. Dependence on Business Data Growth and "Land and Expand" Strategy: Rubrik explicitly states that its "business is indexed to business data growth." A key risk is a potential deceleration in the overall growth of business data globally, or if customers do not expand their usage of Rubrik's platform across new applications or with additional data security products at anticipated rates. This could negatively impact Rubrik's subscription annual recurring revenue and overall financial performance, as its growth strategy relies heavily on this "land and expand" flywheel effect.

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Rubrik's total addressable market (TAM) is projected to be approximately $36.3 billion by the end of 2024, growing to around $52.9 billion by the end of 2027, at a compound annual growth rate (CAGR) of 13%. This market size is global and is categorized into two main segments, according to Gartner.

The first segment, Data Management, which includes Backup and Recovery Software and Archive Software, is estimated at approximately $12.9 billion by the end of 2024, and is expected to reach $15.4 billion by the end of 2027.

The second segment, Security, encompasses Application Security, Cloud Security, Cloud Security Posture Management, Data Privacy, Data Security, and Privileged Access Management Software. This market is projected to be approximately $23.4 billion by the end of 2024 and grow to about $37.5 billion by the end of 2027.

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Expected Drivers of Future Revenue Growth for Rubrik (RBRK)

Rubrik (RBRK) is anticipated to drive future revenue growth over the next 2-3 years through several key strategies and market trends:

  • Expansion within Existing Customers: A primary driver is Rubrik's "land and expand" sales strategy, which focuses on increasing revenue from its current customer base. This expansion occurs through two main vectors: the growth of data from applications already secured by Rubrik and the securing of additional applications and workloads on the Rubrik platform within existing customer environments. Rubrik's average subscription dollar-based net retention rate consistently exceeding 120% highlights the success of this strategy.

  • Cross-selling and Adoption of Additional Data Security Products: Beyond its core data protection offerings, Rubrik is driving revenue growth by cross-selling and increasing the adoption of its broader suite of data security products. This includes moving customers from basic backup protection to more comprehensive security, compliance, and governance modules. The adoption of additional security products contributed over 45% to subscription net retention in a recent quarter, up from 34% in the prior-year period.

  • Growth in Identity Protection Solutions: Rubrik's identity protection business, which provides recovery capabilities across platforms like Okta, Active Directory, and Entra ID, is a rapidly expanding area. This segment has shown significant customer growth, with the company crossing 900 customers "just on identity" in a recent quarter, doubling from 400 customers three quarters prior, making it the fastest-growing product in Rubrik's history.

  • Strategic Expansion into AI Resilience with Rubrik Agent Cloud: Rubrik is strategically extending its data and identity protection capabilities into the emerging AI agent ecosystem with the introduction of its Rubrik Agent Cloud platform. This initiative aims to govern autonomous AI agents and "rewind" their actions, effectively expanding Rubrik's addressable market beyond traditional data security to include active AI operations and governance.

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Share Repurchases

There is no reported dollar amount of share repurchases made by Rubrik over the last 3-5 years.

Share Issuance

  • Rubrik completed its initial public offering (IPO) on April 25, 2024, listing on the New York Stock Exchange under the symbol "RBRK".
  • During its IPO, Rubrik sold 23,500,000 shares of its Class A common stock at $32.00 per share, generating approximately $752 million. The company also granted underwriters an option to purchase up to an additional 3,525,000 shares.
  • In June 2025, Rubrik issued $1.15 billion aggregate principal amount of 0.00% senior convertible notes due 2030.

Inbound Investments

  • Microsoft has held a stake in Rubrik since 2021.

Outbound Investments

  • Rubrik has made five acquisitions between 2020 and 2025.
  • The company acquired Predibase, an AI application development platform, in June 2025.
  • In August 2023, Rubrik acquired Laminar, a data security posture management platform, for $104.9 million, including $90.8 million in cash.

Capital Expenditures

  • Rubrik's capital expenditures were -$15.88 million in fiscal year 2021, -$20.45 million in fiscal year 2022, -$34.30 million in fiscal year 2023, -$12.33 million in fiscal year 2024, and -$16.89 million in fiscal year 2025.
  • The company is projected to have capital expenditures of $24.72 million in 2025 and $30.04 million in 2026.
  • Rubrik intends to continue investing in research and development to foster innovation across data, security, and AI markets.

Peer Outperformance in Systems Software

null
Share of Systems Software constituents that RBRK has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
79%
of 84 industry peers · 34.5% return
3Y
insufficient peer history
5Y
insufficient peer history
null
Median price return by industry across the Information Technology sector, ranked by 5Y. Systems Software is RBRK's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Electronic Manufacturing Services 9 53.6%183.3%257.9% TTMI 740% · FLEX 675% · SANM 393%
Semiconductor Materials & Equipment 27 108.7%75.6%88.1% AEHR 671% · AXTI 645% · KLAC 383%
Technology Distributors 9 31.7%68.1%87.4% CLMB 354% · AVT 174% · SNX 135%
Communications Equipment 36 13.5%80.7%67.2% AAOI 1215% · FEIM 1004% · LITE 865%
Electronic Components 26 32.4%57.0%56.8% CLS 3529% · BELFA 1239% · COHR 333%
Technology Hardware, Storage & Peripherals 21 35.3%47.4%29.2% DELL 1062% · STX 1009% · SMCI 908%
Semiconductors 55 18.9%21.8%24.0% POET 1724% · MU 1184% · NVDA 848%
Internet Services & Infrastructure 6 17.0%44.7%20.0% DOCN 47% · GDDY 41% · VRSN 36%
Electronic Equipment & Instruments 27 -15.5%8.0%-9.9% PI 218% · OSIS 115% · ACFN 97%
IT Consulting & Other Services 28 -20.3%-13.1%-25.7% CHRN 494900% · APLD 1087% · TSSI 668%
Application Software 122 -24.6%-12.4%-43.2% VIDA 169900% · INLX 5250% · PLTR 540%
Systems Software ← 67 -14.6%6.0%-59.7% QNC 513% · PANW 367% · ZETA 364%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

RBRKCVLTDELLNTAPIBMPANWMedian
NameRubrik CommVaul.Dell Tec.NetApp Internat.Palo Alt. 
Mkt Price100.20140.21534.28188.28249.09373.94218.68
Mkt Cap20.75.8344.636.9234.4-36.9
Rev LTM1,5421,216151,1977,39169,097-7,391
Op Inc LTM-28210914,5471,92412,705-1,924
FCF LTM2862588,5601,65013,144-1,650
FCF 3Y Avg1372185,5931,57312,295-1,573
CFO LTM33726512,1521,89714,888-1,897
CFO 3Y Avg1702238,5661,76913,974-1,769

Growth & Margins

RBRKCVLTDELLNTAPIBMPANWMedian
NameRubrik CommVaul.Dell Tec.NetApp Internat.Palo Alt. 
Rev Chg LTM42.4%15.5%49.0%12.2%7.9%-15.5%
Rev Chg 3Y Avg-15.8%19.2%6.1%4.5%-11.0%
Rev Chg Q37.9%11.4%57.7%29.9%1.1%-29.9%
QoQ Delta Rev Chg LTM8.2%2.7%12.8%6.7%0.3%-6.7%
Op Inc Chg LTM34.1%20.5%103.1%34.0%16.3%-34.0%
Op Inc Chg 3Y Avg-21.3%46.1%21.5%13.3%-21.4%
Op Mgn LTM-18.3%9.0%9.6%26.0%18.4%-9.6%
Op Mgn 3Y Avg-66.7%9.1%7.8%23.1%17.0%-9.1%
QoQ Delta Op Mgn LTM3.1%0.0%1.4%1.6%-0.4%-1.4%
CFO/Rev LTM21.9%21.8%8.0%25.7%21.5%-21.8%
CFO/Rev 3Y Avg12.0%21.5%7.3%26.1%21.4%-21.4%
FCF/Rev LTM18.6%21.3%5.7%22.3%19.0%-19.0%
FCF/Rev 3Y Avg9.2%21.0%4.7%23.2%18.9%-18.9%

Valuation

RBRKCVLTDELLNTAPIBMPANWMedian
NameRubrik CommVaul.Dell Tec.NetApp Internat.Palo Alt. 
Mkt Cap20.75.8344.636.9234.4-36.9
P/S13.44.82.35.03.4-4.8
P/Op Inc-73.153.223.719.218.5-19.2
P/EBIT-93.656.622.419.119.0-19.1
P/E-81.284.930.326.021.9-26.0
P/CFO61.321.928.419.515.7-21.9
Total Yield-1.2%1.2%3.8%5.0%7.3%-3.8%
Dividend Yield0.0%0.0%0.5%1.1%2.7%-0.5%
FCF Yield 3Y Avg0.6%3.6%4.1%6.2%5.6%-4.1%
D/E0.10.20.10.10.3-0.1
Net D/E-0.0-0.00.1-0.00.2--0.0

Returns

RBRKCVLTDELLNTAPIBMPANWMedian
NameRubrik CommVaul.Dell Tec.NetApp Internat.Palo Alt. 
1M Rtn-2.0%-4.7%8.9%-9.1%6.3%-2.7%-2.3%
3M Rtn43.6%10.1%30.8%16.7%-6.6%31.4%23.8%
6M Rtn93.9%75.2%242.9%85.7%1.4%123.3%89.8%
12M Rtn34.5%-20.3%332.7%54.5%0.8%90.5%44.5%
3Y Rtn170.8%107.0%709.1%156.8%87.2%211.4%163.8%
1M Excs Rtn-2.4%-4.9%10.3%-5.9%7.3%-3.3%-2.8%
3M Excs Rtn44.4%7.2%32.8%14.3%-10.4%31.2%22.8%
6M Excs Rtn72.6%62.7%239.2%77.5%-12.3%109.0%75.1%
12M Excs Rtn13.0%-38.2%315.9%37.5%-16.2%72.9%25.2%
3Y Excs Rtn99.6%36.3%641.5%81.9%14.0%133.5%90.8%

Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Software and services1,316887628600 
Maintenance    91
Other    155
Subscription    261
Total1,316887628600506


Net Income by Segment
$ Mil2026202520242023
Software and services-349-1,155-354-278
Total-349-1,155-354-278


Price Behavior

Price Behavior
Market Price$100.20 
Market Cap ($ Bil)20.4 
First Trading Date04/25/2024 
Distance from 52W High-6.4% 
   50 Days200 Days
DMA Price$87.54$69.38
DMA Trendupup
Distance from DMA14.5%44.4%
 3M1YR
Volatility73.7%65.6%
Downside Capture26.29185.16
Upside Capture221.51187.24
Correlation (SPY)32.1%33.8%
RBRK Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta4.602.231.511.311.59-0.30
Up Beta4.223.122.841.261.320.29
Down Beta4.960.480.560.481.140.16
Up Capture664%278%185%265%226%313%
Bmk +ve Days10213268138427
Stock +ve Days9173066122304
Down Capture287%187%98%105%151%107%
Bmk -ve Days11213259113324
Stock -ve Days12253460128281

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RBRK
RBRK28.8%65.5%0.64-
Sector ETF (XLK)36.7%26.3%1.1538.3%
Equity (SPY)16.8%12.8%0.9331.8%
Gold (GLD)17.4%29.3%0.556.9%
Commodities (DBC)49.5%20.6%1.850.9%
Real Estate (VNQ)5.1%13.5%0.12-1.6%
Bitcoin (BTCUSD)-33.3%43.9%-0.8023.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RBRK
RBRK20.9%65.2%0.87-
Sector ETF (XLK)19.1%25.9%0.6644.6%
Equity (SPY)12.4%17.2%0.5543.2%
Gold (GLD)18.1%18.8%0.789.8%
Commodities (DBC)11.4%19.5%0.469.9%
Real Estate (VNQ)0.6%18.9%-0.0714.2%
Bitcoin (BTCUSD)9.1%52.6%0.3622.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RBRK
RBRK9.9%65.2%0.87-
Sector ETF (XLK)24.1%25.0%0.8844.6%
Equity (SPY)15.2%17.9%0.7243.2%
Gold (GLD)12.1%16.4%0.619.8%
Commodities (DBC)8.8%18.1%0.409.9%
Real Estate (VNQ)4.7%20.7%0.1914.2%
Bitcoin (BTCUSD)63.3%66.2%1.0322.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity15.2 Mil
Short Interest: % Change Since 81520261.7%
Average Daily Volume4.2 Mil
Days-to-Cover Short Interest3.6 days
Basic Shares Quantity206.1 Mil
Short % of Basic Shares7.4%

Earnings Returns History

Updated 9/8/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/27/2026-13.1%-13.9% 
6/4/2026-4.7%-7.2%13.0%
3/12/2026-1.1%-5.7%-10.0%
12/4/202522.5%23.6%9.1%
9/9/2025-18.1%-23.9%-14.5%
6/5/2025-0.7%-10.0%-7.1%
3/13/202527.8%27.0%6.7%
12/5/202420.4%38.3%19.9%
...
SUMMARY STATS   
# Positive335
# Negative774
Median Positive22.5%27.0%9.1%
Median Negative-4.7%-10.0%-8.5%
Max Positive27.8%38.3%19.9%
Max Negative-18.1%-23.9%-14.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/27/2026-13.1%-13.9% 
6/4/2026-4.7%-7.2%13.0%
3/12/2026-1.1%-5.7%-10.0%
12/4/202522.5%23.6%9.1%
9/9/2025-18.1%-23.9%-14.5%
6/5/2025-0.7%-10.0%-7.1%
3/13/202527.8%27.0%6.7%
12/5/202420.4%38.3%19.9%
9/9/2024-1.5%-2.1%8.0%
6/11/2024-8.9%-13.1%-4.0%
SUMMARY STATS   
# Positive335
# Negative774
Median Positive22.5%27.0%9.1%
Median Negative-4.7%-10.0%-8.5%
Max Positive27.8%38.3%19.9%
Max Negative-18.1%-23.9%-14.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
07/31/202609/01/202610-Q
04/30/202606/05/202610-Q
01/31/202603/19/202610-K
10/31/202512/08/202510-Q
07/31/202509/10/202510-Q
04/30/202506/09/202510-Q
01/31/202503/20/202510-K
10/31/202412/12/202410-Q
07/31/202409/12/202410-Q
04/30/202406/13/202410-Q
01/31/202404/26/2024424B4
07/31/202302/05/2024DRS/A
01/31/202203/03/2023DRS/A
Collapse to Preview
Report DateFiling DateFiling
07/31/202609/01/202610-Q
04/30/202606/05/202610-Q
01/31/202603/19/202610-K
10/31/202512/08/202510-Q
07/31/202509/10/202510-Q
04/30/202506/09/202510-Q
01/31/202503/20/202510-K
10/31/202412/12/202410-Q
07/31/202409/12/202410-Q
04/30/202406/13/202410-Q
01/31/202404/26/2024424B4
07/31/202302/05/2024DRS/A
01/31/202203/03/2023DRS/A

Recent Forward Guidance

Updated 8/28/2026

Latest: Q2 2027 Earnings Reported 8/27/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q3 2027 Non-GAAP subscription ARR contribution marginReported 14.0%  2.5%Higher NewGuidance: 11.5% for Q2 2027
Q3 2027 RevenueReported429.00 Mil430.00 Mil431.00 Mil8.6% Higher NewGuidance: 396.00 Mil for Q2 2027
Q3 2027 Non-GAAP net income per shareReported0.070.080.09 4.0%Higher NewGuidance: 0.04 for Q2 2027
2027 Subscription ARRReported1.88 Bil1.88 Bil1.89 Bil1.3% RaisedGuidance: 1.86 Bil for 2027
2027 Non-GAAP subscription ARR contribution marginReported 15.5%  1.5%RaisedGuidance: 14.0% for 2027
2027 RevenueReported1.69 Bil1.69 Bil1.69 Bil2.8% RaisedGuidance: 1.64 Bil for 2027
2027 Non-GAAP net income per shareReported0.470.50.5366.7% RaisedGuidance: 0.3 for 2027
2027 Free cash flowReported323.00 Mil328.00 Mil333.00 Mil10.1% RaisedGuidance: 298.00 Mil for 2027

null

Insider Activity

Updated 9/10/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Nithrakashyap, ArvindChief Technology OfficerDirectSell910202690.4112,8201,159,04026,516,260Form
2Nithrakashyap, ArvindChief Technology OfficerDirectSell910202690.4612,8201,159,74726,532,425Form
3Nithrakashyap, ArvindChief Technology OfficerDirectSell910202691.3312,8201,170,83226,786,021Form
4Wassenaar, YvonneDirectSell903202689.5272164,544332,030Form
5Thompson, John WendellJohn and Sandra Thompson TrustSell903202689.042,500222,598667,794Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Nithrakashyap, ArvindChief Technology OfficerDirectSell910202690.4112,8201,159,04026,516,260Form
2Nithrakashyap, ArvindChief Technology OfficerDirectSell910202690.4612,8201,159,74726,532,425Form
3Nithrakashyap, ArvindChief Technology OfficerDirectSell910202691.3312,8201,170,83226,786,021Form
4Wassenaar, YvonneDirectSell903202689.5272164,544332,030Form
5Thompson, John WendellJohn and Sandra Thompson TrustSell903202689.042,500222,598667,794Form
6Thompson, John WendellDirectSell903202689.0311,000979,348744,483Form
7Choudary, Kiran KumarChief Financial OfficerDirectSell825202698.3210,000983,18896,162,964Form
8Wassenaar, YvonneDirectSell804202675.0072154,075293,775Form
9Thompson, John WendellJohn and Sandra Thompson TrustSell804202674.112,500185,275741,100Form
10Thompson, John WendellDirectSell804202674.1011,000815,133619,649Form
11Choudary, Kiran KumarChief Financial OfficerDirectSell716202681.7328,0002,288,37480,425,967Form
12Mhatre, RaviLightspeed Management Company, L.L.C.Sell714202683.103,979  Form
13Nithrakashyap, ArvindChief Technology OfficerDirectSell708202684.5812,8201,084,27325,678,401Form
14Nithrakashyap, ArvindChief Technology OfficerDirectSell708202687.5912,8201,122,84826,591,965Form
15Nithrakashyap, ArvindChief Technology OfficerDirectSell708202687.7812,8201,125,30126,650,058Form
16Wassenaar, YvonneDirectSell701202681.5772158,812378,322Form
17Thompson, John WendellJohn and Sandra Thompson TrustSell701202682.752,500206,8751,034,375Form
18Thompson, John WendellDirectSell701202682.6511,000909,163691,129Form
19Mhatre, RaviLightspeed Management Company, L.L.C.Sell626202671.493,979  Form
20Wassenaar, YvonneDirectSell624202675.0067650,700401,925Form
21Wassenaar, YvonneDirectSell603202680.7372158,206187,778Form
22Nithrakashyap, ArvindChief Technology OfficerDirectSell603202678.8912,8201,011,40824,776,187Form
23Nithrakashyap, ArvindChief Technology OfficerDirectSell603202682.1612,8201,053,35325,803,710Form
24Thompson, John WendellJohn and Sandra Thompson TrustSell603202684.512,500211,2701,267,620Form
25Thompson, John WendellDirectSell603202684.5511,000930,019393,398Form
26Nithrakashyap, ArvindChief Technology OfficerDirectSell603202684.28199,44716,808,91526,467,212Form
27Wassenaar, YvonneDirectSell601202675.002,838212,850174,450Form
28Thompson, John WendellJohn and Sandra Thompson TrustSell504202655.512,500138,780971,460Form
29Thompson, John WendellDirectSell504202655.4811,000610,298258,156Form
30Choudary, Kiran KumarChief Financial OfficerDirectSell408202651.6920,0001,033,73328,422,541Form
31McLaughlin, Mark DDirectBuy401202647.2110,638502,220643,897Form
32Choudary, Kiran KumarChief Financial OfficerDirectSell326202648.20122,6135,909,41927,225,799Form
33Nithrakashyap, ArvindChief Technology OfficerDirectSell326202648.2028,9671,396,08516,804,298Form
34Thompson, John WendellJohn and Sandra Thompson TrustSell303202653.552,500133,8781,204,902Form
35Thompson, John WendellDirectSell303202653.6211,000589,766249,471Form
36Choudary, Kiran KumarChief Financial OfficerDirectSell219202654.1720,0001,083,44525,729,597Form
37Thompson, John WendellJohn and Sandra Thompson TrustSell203202655.302,500138,2581,437,773Form
38Thompson, John WendellDirectSell203202655.2911,000608,203202,089Form
39Choudary, Kiran KumarChief Financial OfficerDirectSell116202667.6620,0001,353,22633,151,269Form
40Nithrakashyap, ArvindChief Technology OfficerDirectSell116202670.404,648327,21923,725,504Form
41Nithrakashyap, ArvindChief Technology OfficerDirectSell116202670.051,04573,20223,933,143Form
42McCarthy, Brian KPres.,Global Sales & Field OpsDirectSell113202670.8810,000708,84923,446,746Form
43Thompson, John WendellJohn and Sandra Thompson TrustSell106202673.872,500184,66373,717Form
44Thompson, John WendellDirectSell106202673.8411,000812,241199,516Form
45Choudary, Kiran KumarChief Financial OfficerDirectSell1223202579.253,500277,38940,138,902Form
46McCarthy, Brian KPres.,Global Sales & Field OpsDirectSell1218202576.184,797365,45525,961,393Form
47Choudary, Kiran KumarChief Financial OfficerDirectSell1218202576.186,779516,45238,698,411Form
48Nithrakashyap, ArvindChief Technology OfficerDirectSell1218202576.1931,4502,396,17626,110,542Form
49Mhatre, RaviLightspeed Venture Partners X, L.P.Sell1215202581.82101,659  Form
50McCarthy, Brian KPres.,Global Sales & Field OpsDirectSell1210202590.8310,000908,31830,820,956Form
51Choudary, Kiran KumarChief Financial OfficerDirectSell1210202591.463,500320,11046,420,614Form
52Thompson, John WendellJohn and Sandra Thompson TrustSell1202202568.759,009619,34568,610Form
53Choudary, Kiran KumarChief Financial OfficerDirectSell1120202569.463,500243,12135,360,282Form
54McCarthy, Brian KPres.,Global Sales & Field OpsDirectSell1112202575.9010,000758,95426,511,714Form
55Choudary, Kiran KumarChief Financial OfficerDirectSell1106202572.293,500253,01536,907,732Form
56Thompson, John WendellJohn and Sandra Thompson TrustSell1104202575.459,009679,72175,298Form
57Choudary, Kiran KumarChief Financial OfficerDirectSell1016202579.783,500279,23640,852,307Form
58McCarthy, Brian KPres.,Global Sales & Field OpsDirectSell1014202583.0310,000830,33429,835,481Form
59Choudary, Kiran KumarChief Financial OfficerDirectSell1002202582.683,500289,37042,458,900Form
60Thompson, John WendellJohn and Sandra Thompson TrustSell1002202582.769,009745,60782,597Form
61Choudary, Kiran KumarChief Financial OfficerDirectSell918202574.823,500261,87038,508,657Form
62McCarthy, Brian KChief Revenue OfficerDirectSell918202574.214,670346,56130,250,371Form
63Nithrakashyap, ArvindChief Technology OfficerDirectSell918202574.2140,1702,981,01624,751,113Form
64Choudary, Kiran KumarChief Financial OfficerDirectSell918202574.216,599489,71238,306,015Form
65Sinha, BipulChairman of the Board and CEODirectSell912202575.63615,80746,573,48315,629,091Form
66Choudary, Kiran KumarChief Financial OfficerDirectSell904202588.263,500308,91045,506,415Form
67Thompson, John WendellJohn and Sandra Thompson TrustSell904202587.839,009791,26787,655Form
68McCarthy, Brian KChief Revenue OfficerDirectSell904202587.8412,5001,098,00835,667,884Form

Investor Activity (13F)

Updated Sep 15, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Greenvale Capital LLP$49.9 Mil5.5%12New13F
PointState Capital LP$178.6 Mil4.1%44ADD +73.6%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Greenvale Capital LLP$49.9 Mil5.5%12New13F
PointState Capital LP$178.6 Mil4.1%44ADD +73.6%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Alta Park Capital, LP$18.9 Mil2.3%34Exited13F
Melqart Asset Management (UK) Ltd$6.4 Mil0.6%44Exited13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
PointState Capital LP$178.6 Mil4.1%44ADD +73.6%13F
Greenvale Capital LLP$49.9 Mil5.5%12New13F
Core Cache Last Updated: 9/14/2026