RBRK
Rubrik, Inc.

Rubrik, Inc.RBRK

Technology · Software - Infrastructure
105.75USD
+0.01%
Nov 08, 2026
RBRK overview ready
Cyber-resilience software platform for enterprise data protection and recovery
Rubrik is a direct cyber-resilience software provider whose platform combines enterprise, cloud, SaaS, and identity data protection with threat analytics and orchestrated recovery capabilities.
Primary theme is weakening
Cybersecurity is weakening (-3.1pp vs SPY over 21 sessions; 8 of 20 members ahead of SPY).
Constructive pullback in an uptrend
Longer-term context reads new trend, with a near-term setup of constructive pullback.
The setup is constructive, but the underlying structure is still poor.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Unremarkable fundamentals
Primary risk
Intense competition in cybersecurity and data protection software.
Market Nov 6Filing Jul 31Price action Nov 7Research Oct 8

Conviction Level

PriceAction4.3BusinessPerformance4.0BusinessQuality4.6Valuation2.6ThemeMomentum3.0Decelerating — Revenue is still growing (+38% YoY), but growth has slowed for 3 consecutive quarters, down from +48%. The company is still loss-making: the diluted loss per share narrowed to -$0.30 from -$0.49 a year earlier. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
CybersecurityWeakening
vs SPY
−3.1pp
Theme return
−8.1%
Beating SPY
8 of 20
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads new trend, with a near-term setup of constructive pullback.
The setup is constructive, but the underlying structure is still poor.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$21.7B
Avg Volume (60D)
3.1M
60 sessions
Revenue Growth YoY
+48.5%
FY2026 vs FY2025
Gross Margin
+80.2%
Trailing twelve months
Operating Margin
-18.3%
Trailing twelve months
Free Cash Flow Yield
+1.4%
Distance from 200DMA
+35.9%
Next Earnings
2026-12-03
P/E
N/M
Market metrics as of Nov 6, 2026
Financial results for the period ended Jul 31, 2026
Filed balance-sheet data as of Jul 31, 2026

Business Performance

Decelerating

Revenue is still growing (+38% YoY), but growth has slowed for 3 consecutive quarters, down from +48%. The company is still loss-making: the diluted loss per share narrowed to -$0.30 from -$0.49 a year earlier.

Latest reported: Q2 FY2027, ended Jul 31
Revenue growthSlowing
+38%
$427M in Q2 FY2027 · YoY
YoY growth, last 4 quarters
  1. +48%
  2. +46%
  3. +39%
  4. +38%
Earnings growthLoss narrowing
-$0.30
Diluted EPS -$0.30 vs -$0.49 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
-16.8%
+13.7 pp YoY · gross margin 78.4% (-1.1 pp)
The share count is rising

Business Quality

4.6 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

One of the two valuation perspectives says expensive; intrinsic is the dissenting view.
Rubrik, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces. The business behind it shows an operating margin of -18% and net debt on the balance sheet.

Company Research

Thesis
Rubrik is a direct cyber-resilience software provider whose platform combines enterprise, cloud, SaaS, and identity data protection with threat analytics and orchestrated recovery capabilities. RBRK has a high-quality, direct fit to enterprise cybersecurity modernization through the data-security and cyber-recovery budget.
Opportunity
Moderate opportunity
Enterprise security spending on immutable data protection, cyber-recovery readiness, recovery orchestration, and validation of clean restore points to preserve business continuity after ransomware or destructive cyber incidents.
Key risk
Intense competition in cybersecurity and data protection software.

Economic classification

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Business & Markets

Technology · Software - Infrastructure
What they do

Rubrik, Inc. provides software solutions that protect and secure enterprise, cloud, SaaS, and identity data through automated cyber resilience and recovery platforms.

How it earns

The company primarily generates revenue through subscription-based licensing of its data security and cyber recovery software.

Products & services
Enterprise data protection
Unstructured data protection
Cloud data protection
SaaS data protection
Identity provider services protection
Data threat analytics
Cyber recovery solutions
RUBY AI agent for cyber resilience
SENTRYAI system health monitoring platform
Customers & end markets
Enterprises requiring data security and cyber resilience
Businesses with cloud and SaaS infrastructure
Market position

Rubrik is a direct cyber-resilience software provider positioned as a leader in integrated data protection and orchestrated recovery solutions.

Demand drivers
Medium cyclicality

Demand is influenced by enterprise IT budgets and cybersecurity priorities, which can fluctuate with economic conditions.