| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 13 | — | 17.3x | Bottom tier | |
Growth | 76 | 42.4% | 7.1% | Top tier | |
Quality | 53 | -48.8% | 4.5% | Around median | |
Safety | 40 | — | 2.6x | Around median | |
Capital Return | 37 | 0.00% | 0.06% | Bottom tier | |
Momentum | 98 | 47.4% | -1.6% | Top tier | |
Sentiment | 63 | 16 | 3 | Around median |
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Rubrik provides a unified software platform for cyber resilience and generates the majority of its revenue through subscriptions across two complementary product groups: Rubrik Security Cloud for data protection and cyber recovery, and Rubrik Agent Cloud for AI agent security and governance. Expansion sources include protecting cloud and on-premises environments, M365, unstructured data, and identities, in addition to Identity Resilience, Agent Rewind, SAGE, and Rubrik Agent Identity products; subscription revenue accounted for $407.2 million, or approximately 95% of total revenue in Q2 fiscal 2027.
In Q2 fiscal 2027, total revenue increased 38% year over year to $427.3 million, and gross profit according to EDGAR data reached approximately $335.1 million, equivalent to a gross margin of about 78.4%, while the company recorded a net loss of $61.8 million and earnings per share of negative $0.30. On a non-GAAP basis, gross margin was 81% versus 81.6% a year earlier, and free cash flow was $65.7 million versus $57.5 million.
Subscription annual recurring revenue reached $1.66 billion, up 33%, and Rubrik added approximately $96 million in net new annual recurring revenue. Subscription revenue increased 37% to $407.2 million, while the net retention rate exceeded 119%; geographically, revenue in the Americas increased 33% to $299 million, and revenue outside the Americas jumped 52% to $129 million.
The analyst consensus is “Buy,” with an average target of $103.07 and a wide range of $70 to $120; the average is only $4.84, or approximately 4.5%, below the 52-week range high of $107.91. The 52-week range extends from $42.25 to $107.91, while no positive price-to-earnings ratio is available because of the $254.4 million net loss during the latest twelve-month period, making the achievement of expected annual recurring revenue growth of 29% and expected free cash flow of between $323 million and $333 million critical factors in justifying the valuation.
Figures in the text are as of 2026-09-02; the live price is shown at the top of the page.
Rubrik's total revenue increased 38% to $427.3 million, and subscription revenue increased 37% to $407.2 million. Subscription annual recurring revenue reached $1.66 billion, up 33%, and the company added approximately $96 million in net new annual recurring revenue. The net retention rate also exceeded 119%, and the number of customers with annual subscriptions of $100,000 or more increased to 3,084.
Rubrik continues to record losses according to EDGAR data; net loss was $61.8 million and earnings per share were negative $0.30 in Q2 fiscal 2027. In contrast, it generated free cash flow of $65.7 million, up from $57.5 million a year earlier. For fiscal 2027, it expects non-GAAP earnings per share of between $0.47 and $0.53 and free cash flow of between $323 million and $333 million.
Rubrik Agent Cloud combines agent monitoring, Rubrik Agent Identity, the SAGE runtime security engine, and Agent Rewind for reversing destructive actions. Its number of paying customers exceeded 15 by the August 27, 2026 call, and management said proof-of-concept trials were converting into production deployments. However, the fiscal 2027 outlook assumes a very limited contribution from the product to annual recurring revenue, so its financial impact remains at an early stage.
Automated analysis for informational purposes only — not investment advice.
Rubrik expects subscription annual recurring revenue of between $1.88 billion and $1.885 billion, equivalent to growth of approximately 29%. It expects total revenue of between $1.685 billion and $1.693 billion and a subscription annual recurring revenue contribution margin of approximately 15.5%. It also targets free cash flow of between $323 million and $333 million, with a contribution of approximately $18 million from material rights during fiscal 2027.
Management confirmed on the August 27, 2026 call that Strata Identity contributed zero to annual recurring revenue in Q2 fiscal 2027. The full-year outlook also assumes zero contribution from the acquisition to annual recurring revenue. Therefore, the growth in subscription annual recurring revenue to $1.66 billion and the net new addition of approximately $96 million were organic, according to management's clarification.