Key Takeaways
- Rubrik delivered Q4 adjusted EPS of $0.04, crushing the consensus forecast of -$0.11 by $0.15.
- Quarterly revenue landed at $377.7 million, representing a 46% increase from the prior year and surpassing the $350.56 million Street estimate.
- Subscription annual recurring revenue (ARR) climbed to $1.46 billion, bolstered by a quarterly record of $115 million in net new subscription ARR.
- Fiscal year 2027 revenue outlook of $1.602 billion at the midpoint exceeded Wall Street’s $1.58 billion projection.
- Shares climbed approximately 5% during extended trading hours on the back of these results.
Rubrik delivered an impressive performance this quarter. The cybersecurity and data management company announced fiscal Q4 2026 earnings that handily beat analyst projections on all key metrics, while its forward-looking guidance for the coming fiscal year exceeded Street expectations.
The company’s adjusted earnings per share registered at $0.04, crushing the Street’s -$0.11 forecast by $0.15. Quarterly revenue totaled $377.7 million, sailing past the anticipated $350.56 million and marking a robust 46% surge compared to the year-ago period.
During the three-month period, Rubrik achieved a quarterly record by adding $115 million in net new subscription ARR. The company’s total subscription ARR expanded 34% on a year-over-year basis, reaching $1.46 billion.
Rubrik, Inc., RBRK
Chief Executive Bipul Sinha highlighted that the surge in net new subscription ARR growth “at our scale demonstrates that Rubrik is an increasingly critical platform for the AI era.”
Rubrik’s adjusted gross margin showed notable improvement, climbing to 83.7% in the fourth quarter from 79.7% during the comparable quarter last year. This represents a significant advancement for a business still pursuing sustained profitability.
The enterprise finished the quarter serving 2,805 customers generating at least $100,000 in subscription ARR, reflecting a 25% year-over-year gain. Quarterly free cash flow registered at $70.1 million, modestly trailing the $75.2 million generated in the fourth quarter of fiscal 2025.
Forward Guidance Exceeds Expectations
Looking to Q1 fiscal 2027, Rubrik provided revenue guidance ranging from $365 million to $367 million. The $366 million midpoint surpassed the Street’s $349.5 million estimate. The company’s adjusted EPS outlook of -$0.04 to -$0.02 also exceeded analyst expectations of -$0.07.
For the complete fiscal 2027, management forecasts revenue between $1.597 billion and $1.607 billion. The $1.602 billion midpoint comfortably beats the $1.58 billion consensus view. The full-year adjusted EPS projection of $0.07 to $0.27 encompasses the Street’s $0.07 estimate at the lower boundary.
The equity advanced roughly 5% in post-market trading following the announcement.
Wall Street Coverage and Trading Activity
Despite the after-hours rally, RBRK experienced selling pressure throughout the standard session. Shares declined $3.09 to close at $54.43 on elevated volume approaching 8 million shares, substantially higher than the 3.79 million average. This pricing level remains considerably below the 12-month peak of $103.00.
Wall Street sentiment remains generally constructive. KeyCorp maintains an “overweight” designation with a $80 price objective, reduced from $95. Piper Sandler similarly carries an “overweight” stance with a $99 target. The aggregate view among 25 covering analysts stands at “Moderate Buy” with a mean price objective of $98.68.
Company insiders have divested roughly 247,878 shares valued at approximately $18.15 million during the trailing 90-day window. Despite these transactions, insiders retain 32.38% ownership of the enterprise. Institutional investors control 49.54% of outstanding shares.
The security’s 50-day moving average stands at $60.02, while its 200-day moving average registers at $72.22.
