Rubrik
RBRK · NYSEServices-Prepackaged Software · Fiscal year ends Jan 31
Rubrik reported revenue of $1.3B in the fiscal year ended Jan 2026, up 48.5% from the year before. Operating income was −$345M, an operating margin of −26.2%, and net income was −$349M. Operating cash flow of $283M less capital expenditure of $30M left free cash flow of $253M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|
| Revenue | $600M | $628M | $887M | $1.3B |
| Cost of revenue | $182M | $145M | $266M | $262M |
| Gross profit | $418M | $483M | $621M | $1.1B |
| Research & development | $175M | $207M | $532M | $374M |
| Operating income | −$262M | −$307M | −$1.1B | −$345M |
| Interest expense | $12M | $30M | $41M | $17M |
| Pre-tax income | −$269M | −$327M | −$1.1B | −$326M |
| Income tax | $9M | $27M | $6M | $22M |
| Net income | −$278M | −$354M | −$1.2B | −$349M |
| Diluted EPS | −4.66 | −5.84 | −7.48 | −1.78 |
| Diluted shares | 60M | 61M | 154M | 196M |
Balance sheet
| Fiscal year | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|
| Cash & equivalents | $141M | $130M | $186M | $380M |
| Receivables | – | $134M | $178M | $257M |
| Inventory | – | $5M | $4M | $6M |
| Current assets | – | $549M | $1.1B | $2.2B |
| Net PP&E | – | $48M | $53M | $84M |
| Goodwill | – | $100M | $100M | $200M |
| Total assets | – | $874M | $1.4B | $2.8B |
| Payables | – | $7M | $10M | $15M |
| Deferred revenue | – | $526M | $777M | $1.1B |
| Current liabilities | – | $656M | $950M | $1.3B |
| Long-term debt | – | $287M | $322M | – |
| Total liabilities | – | $1.6B | $2B | $3.3B |
| Shareholders' equity | −$1.1B | −$1.4B | −$554M | −$520M |
| Backlog (remaining obligations) | – | – | $1.8B | $2.4B |
Cash flow
| Fiscal year | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|
| Operating cash flow | $19M | −$5M | $48M | $283M |
| Capital expenditure | $25M | $12M | $17M | $30M |
| Free cash flow | −$6M | −$17M | $31M | $253M |
| Depreciation & amortisation | $22M | $24M | $29M | $37M |
| Stock-based compensation | $7M | $6M | $914M | $329M |
| Acquisitions | $0 | $90M | $0 | $21M |
| Share buybacks | $6,000 | $0 | $0 | – |
Key ratios
| Fiscal year | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|
| Revenue growth (YoY) | – | 4.7% | 41.2% | 48.5% |
| Gross margin | 69.7% | 76.9% | 70.0% | 80.1% |
| Operating margin | −43.6% | −48.8% | −127.9% | −26.2% |
| Net margin | −46.3% | −56.4% | −130.3% | −26.5% |
| ROCEEBIT ÷ (assets − current liabilities) | – | −141.0% | −239.9% | −23.8% |
| Free cash flow margin | −1.0% | −2.7% | 3.5% | 19.2% |
| Cash conversion (CFO ÷ net income) | −0.07x | 0.01x | −0.04x | −0.81x |
| Receivable days | – | 78 | 73 | 71 |
| Inventory days | – | 12 | 6 | 8 |
| Payable days | – | 17 | 14 | 21 |
| Interest cover | −22.3x | −10.1x | −27.5x | −20.1x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | – | $157M | $136M | – |
| Current ratio | – | 0.84x | 1.13x | 1.69x |
Recent filings
More in Services-Prepackaged Software
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.