RBRKRubrik, Inc.
Is the business good?
The checks split: 6 of 9 health tests passed and margins steady.
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Margins have held roughly steady, a stable cost structure.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is RBRK?
Rubrik, Inc. keeps −18% of every revenue dollar as operating profit, against 7.5% for the median Software - Infrastructure name.
Operating margin · Software - Infrastructure median 7.5% · 12 months to Q2 2027
- Share count, year on year
- +5.8%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 29%
R&D as % of revenue
- Gross margin
- 80%
Gross margin
| Year | Operating margin |
|---|---|
| FY2023 | −44% |
| FY2024 | −49% |
| FY2025 | −128% |
| FY2026 | −26% |
Details›
- Gross margin12 months to Q2 2027
- 80%
- Operating margin12 months to Q2 2027
- −18%
- Net margin12 months to Q2 2027
- −17%
- Free cash flow margin
- 20%
- R&D as % of revenue
- 29%
- Revenue, trailing twelve months
- $1.54B
- Free cash flow, trailing twelve months
- $304M
- Net income, trailing twelve months
- −$254M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from RBRK and who it buys from, as the companies report it.
- Partner B32%
Share of revenue · FY2026 10-K
- Partner A27%
Share of revenue · FY2026 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; RBRK’s own figures are from its FY2026 10-K. Smaller customers and suppliers go unreported.
Software, Infrastructure
Ranks #64 of 78 by RyuScore