Rubrik Reports Q1 FY27 Revenue of $387.07M, EPS ($0.21), Exceeding Expectations
RBRK sits 73% above its 52-week low of $42.25 on elevated volume (2.3× avg).
Summary
Rubrik reported Q1 FY27 revenue of $387.07 million and a diluted loss per share of ($0.21). This confirms the strong performance indicated by yesterday's 8-K and today's 10-Q, with revenue up 39% year-over-year and a significantly narrowed net loss. The results were driven by 41% subscription revenue growth and a 32% increase in Subscription ARR to $1.57 billion, highlighting robust demand for its cloud-native SaaS offerings.
At the time of this announcement, RBRK was trading at $72.94 on NYSE in the Technology sector, with a market capitalization of approximately $15.1B. The 52-week trading range was $42.25 to $103.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.