Rubrik (NYSE: RBRK) — Q2 FY2027 Post Earnings

Rubrik Q2 27 Post Earnings RBRK

Operations

As of August 28, 2026
Q2 Revenue ↑ 38% YoY $427.3M
Divisions
Subscription 95.3%
Other 4.7%

Key Earnings Driver

Identity Resilience Subscription revenue increased 37% year over year to $407.2 million. Within subscription, Management described Identity Resilience, a Rubrik Security Cloud capability, as one of the company’s fastest-growing product lines. Management reported Cloud ARR growth of 39% to $1.48 billion, with RSC included within the company’s Cloud ARR measure.

Key Operating Metrics¹

METRIC

STATUS

Subscription↑ 37%

Rubrik Security Cloud

Identity Resilience

🟢 Scaling

Key Financial Metrics

Gross Margin 78.40% -1.1 pp YoY
Backlog / Revenue N/A
CapEx Intensity 2.62% 0.02x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.