Rubrik beats Q1 estimates, raises full-year guidance as cyber resilience demand rises

Rubrik beats Q1 estimates, raises full-year guidance as cyber resilience demand rises Proactive Fri, June 5, 2026 at 4:40 PM GMT+2 2 min read RBRK Cybersecurity company Rubrik Inc (NYSE:RBRK) reported first-quarter results that topped Wall Street estimates aftermarket Thursday, lifted by strong subscription growth and improving margins, and raised its full-year outlook as demand for AI-era cyber resilience solutions continues to build. The data security firm posted adjusted earnings per share of $0. 16 for its fiscal first quarter, well above analyst estimates of a $0.

53 loss. Total revenue rose 39% year-over-year to $387. 1 million, beating the Street's $366.

3 million estimate and topping the company's own guidance range of $365 million to $367 million. Subscription revenue climbed 41% to $374. 2 million, while subscription annual recurring revenue reached $1.

57 billion, up 32% year-over-year and slightly above consensus estimates of $1. 55 billion. Cloud ARR grew 43% to $1.

39 billion, with the company noting its cloud migration is nearing completion. Subscription net revenue retention held at 120%. The company's high-value customer base continued to expand, with 2,946 customers now spending more than $100,000 in subscription ARR, up 24% from a year ago.

Customers spending $1 million or more grew more than 50% year-over-year. Rubrik raised its fiscal 2027 revenue guidance to $1. 638 billion to $1.

648 billion, above the prior Street estimate of $1. 608 billion, and lifted its adjusted EPS outlook to $0. 25 to $0.

35 versus prior consensus of $0. 17. Full-year subscription ARR guidance was raised to $1.

854 billion to $1. 862 billion, topping both prior guidance and analyst estimates. For the fiscal second quarter, Rubrik guided for revenue of $395 million to $397 million, ahead of the $382.

8 million consensus, and adjusted EPS of $0. 03 to $0. 05.

Wedbush analyst maintained an Outperform rating and $90 price target on the stock, noting that AI-driven threats are making attack detection increasingly difficult and driving elevated enterprise demand for resilience and fast recovery solutions. The firm pointed to growth in Rubrik's identity business, where subscription ARR rose 38% sequentially to more than $50 million, as a significant opportunity. Rubrik shares fell 4.

3% in Friday morning trading.