Rubrik, Inc.
For the period ended Jul 31, 2025. Filed Sep 10, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 31, 2025 · Filed Sep 10, 2025
RBRK$109.34-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
| Three Months Ended July 31, | Six Months Ended July 31, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | ||||
| Subscription | $296,957 | $191,315 | $562,618 | $363,510 |
| Maintenance | 1,960 | 5,018 | 4,290 | 10,685 |
| Other | 10,943 | 8,618 | 21,433 | 18,071 |
| Total revenue | 309,860 | 204,951 | 588,341 | 392,266 |
| Cost of revenue | ||||
| Subscription | 56,024 | 45,795 | 107,936 | 119,520 |
| Maintenance | 387 | 1,040 | 796 | 4,649 |
| Other | 7,148 | 8,333 | 15,310 | 26,978 |
| Total cost of revenue | 63,559 | 55,168 | 124,042 | 151,147 |
| Gross profit | 246,301 | 149,783 | 464,299 | 241,119 |
| Operating expenses | ||||
| Research and development | 92,107 | 86,228 | 173,922 | 371,607 |
| Sales and marketing | 181,985 | 167,927 | 351,978 | 547,256 |
| General and administrative | 66,672 | 63,921 | 125,953 | 215,386 |
| Total operating expenses | 340,764 | 318,076 | 651,853 | 1,134,249 |
| Loss from operations | (94,463) | (168,293) | (187,554) | (893,130) |
| Interest income | 12,193 | 7,278 | 19,889 | 10,220 |
| Interest expense | (5,241) | (10,245) | (15,054) | (20,869) |
| Loss on debt extinguishment | (6,653) | — | (6,653) | — |
| Other income (expense), net | 72 | (1,450) | (5,550) | (2,073) |
| Loss before income taxes | (94,092) | (172,710) | (194,922) | (905,852) |
| Income tax expense | 1,837 | 4,220 | 3,111 | 3,169 |
| Net loss | $(95,929) | $(176,930) | $(198,033) | $(909,021) |
| Net loss per share, basic and diluted | $(0.49) | $(0.98) | $(1.02) | $(7.42) |
| Weighted-average shares used in computing net loss per share, basic and diluted | 194,890 | 179,851 | 193,284 | 122,460 |
| Rubrik, Inc. | Q2 2026 Form 10-Q | 6 |
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