Rubrik Inc. exceeded expectations for its fiscal 2026 first quarter with an adjusted earnings per share loss of 15 cents and revenue of $278.5 million.
The strong revenue growth was driven by subscription revenue, which increased by 54% year-over-year to $266.8 million.
Rubrik's annual recurring revenue reached $1.181 billion, up 38%, and cloud ARR rose by 60% to $972 million.
The company announced various business highlights, including the expansion of cyber resilience capabilities, support for Oracle Cloud Infrastructure, and a strategic collaboration with Rackspace Technology Inc. for the Rackspace Cyber Recovery Cloud.