Overview
- Revenue reached $350.2 million in Q3, up 48% year over year, with adjusted earnings of $0.10 per share versus expectations for a $0.17 loss.
- Subscription ARR rose 34% to $1.35 billion, and customers with $100,000 or more in subscription ARR increased 27% to 2,638.
- Margins strengthened, with non-GAAP gross margin at 82.8% and subscription ARR contribution margin improving to 10.3% from -3.3% a year earlier.
- Full-year fiscal 2026 outlook now calls for $1.28–$1.282 billion in revenue and an adjusted net loss of $0.16–$0.20 per share, with Q4 revenue guided to $341–$343 million and a $0.10–$0.12 loss.
- Shares rose in after-hours trading as Rubrik highlighted $1.60 billion in cash, launched Rubrik Agent Cloud and Rubrik Okta Recovery, and expanded partnerships with CrowdStrike and Cognizant.