Rubrik Earnings Call Transcripts
Fiscal Year 2027
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Record Q1 results with 32% subscription ARR growth and 41% subscription revenue growth, driven by strong demand for cyber resilience and AI security solutions. Raised full-year outlook, with continued investment in R&D and go-to-market for Identity Resilience and Rubrik Agent Cloud.
Fiscal Year 2026
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The event outlined a strategic shift to AI-driven cyber resilience, integrating data, identity, and agent security into a unified platform. Financial performance remains strong, with ARR over $1.5B, high margins, and robust customer expansion. Product innovation and the Flex licensing model are driving larger deals and operational simplicity.
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The meeting covered director elections, auditor ratification, and executive compensation vote frequency. All proposals passed, with directors elected, KPMG ratified, and annual compensation votes chosen. No questions were submitted during the meeting.
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Delivered record Q4 and FY26 results with 34% ARR growth, 50% subscription revenue growth, and strong free cash flow. Identity and AI offerings accelerated, with high win rates and robust FY27 guidance for continued growth and margin expansion.
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Record Q3 results with 34% subscription ARR growth, 52% subscription revenue growth, and strong free cash flow. Raised full-year outlook, driven by momentum in data protection, identity, and AI operations, with robust customer expansion and high retention rates.
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Q2 FY26 results exceeded guidance with 36% ARR growth, 55% subscription revenue growth, and a 19% free cash flow margin. Raised full-year outlook, driven by strong cloud adoption, strategic wins, and expansion into AI and identity security.
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Q1 FY26 saw strong growth with subscription ARR up 38% and revenue up 49% year-over-year. Profitability improved, free cash flow turned positive, and guidance for FY26 was raised. Identity and cloud security innovations, along with major customer wins, are driving momentum.
Fiscal Year 2025
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The conference highlighted strong financial growth, rapid cloud adoption, and accelerating legacy displacement in the cyber resilience market. New identity and AI platforms are gaining traction, with a focus on innovation, profitability, and expanding market share.
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The conference highlighted a strategic evolution from backup to cyber resilience, with a focus on integrating data, identity, and AI to address emerging threats and operational needs. Strong financial results, innovative AI-driven products, and ecosystem partnerships position the company for continued growth.
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The meeting confirmed a quorum, elected two Class 1 directors, and ratified KPMG LLP as auditor for the next fiscal year. No shareholder questions were submitted, and voting results will be reported on Form 8-K within four business days.
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Q4 and fiscal 2025 saw record growth in ARR, revenue, and profitability, with strong customer expansion and major wins in cloud and SaaS. Guidance for fiscal 2026 projects continued robust growth, improved margins, and increased free cash flow, supported by innovation and regulatory tailwinds.
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Q3 saw record $1B subscription ARR, 38% growth, and $222M subscription revenue, up 55% year-over-year. Raised FY25 guidance, with strong customer momentum, improved margins, and positive free cash flow. Innovation in GenAI, DSPM, and strategic partnerships further strengthened market position.
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Q2 saw robust growth with subscription ARR up 40% and revenue up 35% year-over-year, driven by strong demand for cyber resilience solutions and major customer wins. Guidance for FY25 was raised, with continued margin improvement and positive free cash flow expected in the second half.
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Q1 FY25 saw 46% year-over-year subscription ARR growth to $856M, with strong customer expansion and improved margins. Guidance for FY25 projects 25–27% ARR growth and continued investment in innovation, despite macro uncertainty.
Fiscal Year 2024
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Management highlighted strong ARR growth, improved margins, and a successful transition to cloud-based subscriptions. The platform's unique architecture and focus on cyber resilience drive competitive wins and customer expansion, with future growth expected from AI and data security innovation.
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A transformative approach to backup and recovery has driven rapid growth and market leadership in cyber resilience, with a purpose-built cloud platform and disciplined financial execution. The company is well-positioned for continued expansion, leveraging operational improvements and industry trends.