Rubrik, Inc. Annual Report - How They Did This Year

Who is Rubrik?

Rubrik, Inc. (RBRK) trades its shares on the New York Stock Exchange. Their fiscal year ended on January 31, 2026. Rubrik offers a single platform for data security, protection, and cyber resilience. Their main product helps businesses protect data across cloud, on-premises, and SaaS systems. This ensures business continuity and quick recovery from cyberattacks like ransomware.

What Happened This Year? (Key Milestones & Business Structure)

Rubrik had a big year, especially with its Initial Public Offering (IPO). They started trading shares on the New York Stock Exchange (RBRK) on April 25, 2024. This move raised a lot of money. They offered 23 million shares at $28.00 each, bringing in about $644.0 million before costs. In May 2024, they also offered extra shares, which is common in an IPO when demand is high. The banks sold an additional 3.45 million shares. This brought the total money raised from the IPO to about $740.0 million.

Rubrik also bought other companies:

• Predibase Inc. in July 2025. Predibase offers AI software that helps companies build and manage machine learning models. This purchase should improve Rubrik's ability to use AI for smarter data insights and security.
• Laminar Technologies Inc. in August 2023. Laminar is a top cloud data security company. It provides a clear view and control over sensitive data in cloud systems. This purchase made Rubrik's cloud security products much stronger. It allows better data monitoring and protection from breaches.
• Rubrik also acquired several smaller companies or assets.

Rubrik makes money mainly from subscriptions and other products and services. This means they have a steady income stream, which investors like because it provides more predictable money. For the year, money from subscriptions made up over 90% of all money they made. This shows their strong move to a software-as-a-service (SaaS) model.

Rubrik operates worldwide. They do significant business in the Americas, EMEA, and Asia Pacific. They watch their customer concentration, meaning they check if too much money comes from a few big customers. No single customer provided over 10% of their total money. This means they have many different customers, lowering risk.