Rubrik Raises FY2027 Revenue Guidance to $1.64B as Q1 Sales Jump 39%
RBRK•Rubrik’s Q1 revenue jumped 39% to $387.1 million, led by a 41% increase in subscription revenue to $374.2 million and subscription ARR of $1.57 billion, up 32%. Adjusted EPS reached $0.16, operating cash flow doubled to $81.7 million, and fiscal 2027 revenue guidance was raised to $1.64 billion.
1. First-Quarter Financial Performance
Rubrik reported total revenue of $387.1 million for the quarter ended April 30, a 39% year-over-year increase. Subscription revenue rose 41% to $374.2 million, driving subscription ARR to $1.57 billion, up 32% from the prior-year period.
2. Profitability and Cash Flow Trends
The company delivered adjusted earnings of $0.16 per share, reversing a $0.15 loss in the prior-year quarter. Operating cash flow nearly doubled to $81.7 million, while free cash flow climbed to $73.6 million, resulting in a 19% free cash flow margin.
3. Strategic AI and Cybersecurity Expansion
During the quarter, Rubrik expanded its AI and cybersecurity portfolio through partnerships leveraging Anthropic research tools, introduced new protection for Google Workspace, and launched Rubrik Agent Cloud on Google Cloud’s Gemini Enterprise Agent Platform.
4. Upgraded Fiscal 2027 Outlook
Rubrik forecast Q2 revenue of $395 million to $397 million and adjusted EPS of $0.03 to $0.05. It also raised full-year fiscal 2027 targets to $1.638 billion–$1.648 billion in revenue, $1.854 billion–$1.862 billion in subscription ARR, $0.25–$0.35 in adjusted EPS, and $293 million–$303 million in free cash flow.
