Rubrik Shares Surge After Better-Than-Expected Q3 Fiscal 2026 Results
Rubrik, Inc. (NYSE: RBRK) reported its financial results for the third quarter of fiscal year 2026, ending October 31, 2025. The company announced record net new subscription annual recurring revenue (ARR) and strong free cash flow generation for the quarter.
Following the earnings release, Rubrik's stock price jumped in after-hours trading as the company exceeded analysts' expectations on both revenue and profit. This comes after Rubrik's shares had previously fallen due to lower-than-expected guidance earlier in the year.
Rubrik provides security and artificial intelligence (AI) operations solutions. The company highlighted increasing demand as organizations look to improve their security and readiness for AI technology.
Rubrik's stock rose because the company reported better-than-expected results for the quarter, showing strong revenue growth and profitability.
Rubrik provides security and AI operations software that helps organizations protect their data and adapt to new technology like artificial intelligence.
ARR is a financial measure that shows the yearly value of subscription contracts for a company. It helps investors understand the stability and growth of a company's income.
Investors pay attention to a company's guidance, which gives expectations for future performance. Rubrik's shares had dropped earlier when the company gave lower-than-expected forecasts.
Business Wire
24/7 Wall Street
Benzinga
Investors Business Daily
Zacks Investment Research