Rubrik (RBRK) financial statements
Rubrik reported revenue of $1.3B in fiscal 2026, up 29.9% a year over 3 years.
Net income was -$349M and the operating margin -26.2%, against -43.6% in 2023.
Free cash flow was $238M.
The diluted share count rose 230% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Rubrik's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | $600M | $628M | $887M | $1.3B |
| Cost of revenue | $182M | $145M | $266M | $262M |
| Gross profit | $418M | $483M | $621M | $1.1B |
| Research and development | $175M | $207M | $532M | $374M |
| Selling, general and admin | $504M | $583M | $1.2B | $1.0B |
| 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 |
| EPS (diluted) | -$4.66 | -$5.84 | -$7.48 | -$1.78 |
| Diluted shares | 60M | 61M | 154M | 196M |
| 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% |
Balance sheet
Fiscal years, from Rubrik's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Cash and short-term investments | $141M | $279M | $705M | $1.7B |
| Receivables | — | $134M | $178M | $257M |
| Inventory | — | $5M | $4M | $6M |
| Total current assets | — | $549M | $1.1B | $2.2B |
| Property, plant and equipment | — | $48M | $53M | $84M |
| Goodwill | — | $100M | $100M | $200M |
| Total assets | — | $874M | $1.4B | $2.8B |
| Total current liabilities | — | $656M | $950M | $1.3B |
| Long-term debt | — | $287M | $322M | — |
| Total liabilities | — | $1.6B | $2.0B | $3.3B |
| Shareholders' equity | -$1.1B | -$1.4B | -$554M | -$520M |
| Net debt | -$141M | $157M | $136M | -$380M |
Cash flow
Fiscal years, from Rubrik's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Operating cash flow | $19M | -$5M | $48M | $283M |
| Capital spending | $34M | $20M | $27M | $45M |
| Free cash flow | -$15M | -$25M | $22M | $238M |
| Stock-based compensation | $7M | $6M | $914M | $329M |
| Share buybacks (net) | -$6,000 | $0 | $0 | — |
| Net borrowing | — | $0 | $0 | -$330M |
| Free cash flow margin | -2.5% | -3.9% | 2.4% | 18.1% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RBRK.
Open RBRK in InvestinglyQuestions
What was Rubrik's revenue in 2026?
$1.3B in fiscal 2026, from its 10-K filing.
How much free cash flow does Rubrik generate?
$238M in fiscal 2026 (operating cash flow minus capital spending).
From Rubrik's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.