Rubrik, Inc. Class A (RBRK) AI Stock Analysis

Rubrik, Inc. Class A

(BMV:RBRK)

Rating:―N/A

Action:N/A

Date:―

No summary available

Positive Factors

Recurring growth and retentionStrong subscription ARR growth combined with retention above 119% indicates customers are expanding their Rubrik usage over time. This recurring model supports revenue visibility, improves the durability of growth, and strengthens the company’s position with larger enterprise accounts.

Negative Factors

Leveraged negative-equity balance sheetThe combination of sizable debt and negative equity reduces financial flexibility and makes the capital structure more difficult to assess through conventional measures. It may constrain future allocation choices and leaves the business less resilient if growth or cash generation weakens.

Rubrik, Inc. Class A (RBRK) vs. SPDR S&P 500 ETF (SPY)

Market Cap: MXN 25.55B
Dividend Yield: ―
Average Volume (3M): 352
Price to Earnings (P/E): -97.8
Beta (1Y): -0.85
Revenue Growth: 28.52%
EPS Growth: 51.43%
Country: Mexico
Employees: 3,797
Sector: Technology
Sector Strength: 61
Industry: Software - Infrastructure

Rubrik, Inc. Class A Business Overview & Revenue Model

Company Description

Rubrik, Inc. operates as a global provider of advanced data security solutions, catering to a wide range of individuals and businesses. The company's comprehensive suite of offerings addresses various aspects of data protection, including securing en...

Rubrik, Inc. Class A Earnings Call Summary

Earnings Call Date:Aug 26, 2026(Q2-2027)|% Change Since:50.85%|Next Earnings Date:Dec 02, 2026

Earnings Call SentimentPositive

The call conveyed strong operational momentum: sizable subscription ARR growth (+33% YoY), accelerating net new ARR, high retention (>119% NRR), expanding contribution margins (+460 bps), solid free cash flow generation and raised full-year guidance. Product momentum across Identity Resilience, Rubrik Agent Cloud and Rubrik Flex, along with several strategic customer wins, supports a positive growth narrative. Key caveats included a reduction in material-rights revenue that creates a reported revenue headwind, an analyst-flagged implied back-half net new ARR cadence slowdown (management stresses annual focus), cloud migration tailwinds winding down, and RAC still early in monetization. Overall, positives (strong growth, margin expansion, cash generation and raised guidance) materially outweigh the near-term caveats and execution risks.

Positive Updates

Strong Subscription ARR Growth

Subscription ARR reached $1.66B, up 33% year-over-year, with approximately $96M of net new subscription ARR added in Q2.

Negative Updates

Material Rights Revenue Headwind

Material rights related to cloud transformation reduced reported revenue; Q2 material rights contributed ~$4.7M (down from $8.5M prior quarter) and management expects ~ $18M of material rights for the full year, creating a reported revenue headwind versus normalized growth.

Company Guidance

Rubrik raised its outlook, guiding Q3 revenue of $429–431M (up ~23% YoY, or ~31% ex‑material‑rights) with material rights of ~$2–3M, non‑GAAP subscription ARR contribution margin of ~14% and non‑GAAP EPS of $0.07–0.09 on ~230M weighted shares; for full FY27 it expects subscription ARR of $1.88–1.885B (~+29% YoY), total revenue of $1.685–1.693B (with material rights of ~ $18M and normalized revenue growth said to outpace ARR growth), non‑GAAP subscription ARR contribution margin of ~15.5%, non‑GAAP EPS of $0.47–0.53 on ~228M shares, and free cash flow of $323–333M — guidance the company says is supported by Q2 results (subscription ARR $1.66B, net new subscription ARR ≈$96M, subscription revenue $407.2M, NRR >119% and Q2 free cash flow $65.7M).

Rubrik, Inc. Class A Risk Analysis

Rubrik, Inc. Class A disclosed 77 risk factors in its most recent earnings report. Rubrik, Inc. Class A reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

Rubrik, Inc. Class A Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

MX:RBRK against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MSFT	80Outperform	$3.88T	27.18	33.21%	0.70%	17.91%	36.06%
NTNX	77Outperform	$18.33B	12.07	-395.76%	―	12.44%	692.05%
VRNS	76Outperform	$5.63B	-40.04	-26.91%	―	15.86%	-33.39%
AVPT	69Neutral	$3.62B	51.15	15.70%	―	24.95%	―
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
BLZE	50Neutral	$469.82M	-22.32	-24.09%	―	13.85%	61.09%

* Technology Sector Average

Performance Comparison

MX:RBRK and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
MX:RBRK	Rubrik, Inc. Class A	2560.00	1230.00	92.48%
MSFT	Microsoft	521.91	9.10	1.77%
VRNS	Varonis Systems	48.85	12.78	35.43%
NTNX	Nutanix Inc	67.21	-3.95	-5.55%
AVPT	Avepoint, Inc.	17.09	3.03	21.55%
BLZE	Backblaze, Inc.	7.59	-2.82	-27.09%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Rubrik, Inc. Class A AI Stock Analysis