https://assets.capyfin.com/instruments/678fdc13234e27009c5d6565.png avatar
Rubrik Inc
🇺🇸 NYSE:RBRK
View Company
OverviewEarningsDividends
•
Apr 30, 2024

Rubrik Inc Q1 2025 Earnings Report

Rubrik's Q1 2025 results showed strong subscription ARR growth and overall revenue increase, although profitability metrics were impacted by stock-based compensation expenses related to the IPO.

Key Takeaways

Rubrik reported a strong start to fiscal year 2025 with a 46% year-over-year increase in Subscription ARR, reaching $856.1 million. Total revenue grew by 38% year-over-year to $187.3 million. However, GAAP net loss per share was $(11.48), impacted by significant stock-based compensation expenses related to the company's IPO.

Subscription ARR increased by 46% year-over-year, reaching $856.1 million.

Total revenue grew by 38% year-over-year to $187.3 million.

The company had 1,859 customers with $100K or more in Subscription ARR, up 41% year-over-year.

GAAP net loss per share was $(11.48), impacted by stock-based compensation expenses related to the IPO.

Total Revenue
$187M
Previous year: $187M
+0.0%
EPS
-$1.58
Previous year: -$11.5
-86.2%
Subscription ARR
$856M
Previous year: $587M
+45.7%
Customers with $100K+ ARR
1.86K
Previous year: 1.32K
+40.6%
Gross Profit
$64.7M
Previous year: $135M
-52.1%
Cash and Equivalents
$503M
Previous year: $606M
-17.1%
Free Cash Flow
-$37.1M
Previous year: -$35M
+5.9%
Total Assets
$1.17B
Previous year: $1.17B
+0.0%

Rubrik Inc

Rubrik Inc

Rubrik Inc Revenue by Segment

Forward Guidance

Rubrik provided guidance for the second quarter and full fiscal year 2025, including revenue, Non-GAAP Subscription ARR contribution margin, and Non-GAAP EPS.

Positive Outlook

  • Second Quarter Fiscal 2025 Revenue is expected to be $195 million to $197 million.
  • Full Year 2025 Revenue is expected to be $810 million to $824 million.
  • Full Year 2025 Subscription ARR is expected to be between $983 million and $997 million.
  • Second Quarter Fiscal 2025 Non-GAAP EPS is expected to be $(0.50) to $(0.48).
  • Full Year 2025 Non-GAAP EPS is expected to be $(2.35) to $(2.25).

Challenges Ahead

  • Second Quarter Fiscal 2025 Non-GAAP Subscription ARR contribution margin is expected to be approximately (13.5)% to (12.5)%.
  • Full Year 2025 Non-GAAP Subscription ARR contribution margin is expected to be approximately (12.5)% to (11.5)%.
  • Full Year 2025 Free cash flow is expected to be $(115) million to $(95) million, including $23 million of one-time payroll taxes related to the public offering.
  • Weighted-average shares outstanding for the second quarter of fiscal year 2025 is expected to be approximately 179 million.
  • Weighted-average shares outstanding for the full year of fiscal year 2025 is expected to be approximately 154 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Rubrik Inc