Rubrik Closes Fiscal 2026 with 'Spectacular' Q4

Rubrik reports record subscription ARR growth, expanding margins, and higher free cash flow.

Mar. 13, 2026 at 4:07am

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Rubrik (NYSE:RBRK) executives said the company closed fiscal 2026 with a 'spectacular' fourth quarter that exceeded internal expectations, highlighted by record net new subscription annual recurring revenue (ARR), expanding margins, and sharply higher free cash flow.

Why it matters

Rubrik's strong Q4 performance demonstrates the company's ability to drive growth and profitability in a challenging economic environment. The company's focus on cloud transition, security, and identity solutions positions it well to capitalize on rising demand for data protection and cyber resilience.

The details

Rubrik reported subscription ARR of $1.46 billion, up 34% year-over-year, with $115 million of net new subscription ARR added in the quarter—an all-time record. Subscription revenue grew 50% to $365 million, while total revenue was $378 million, up 46%. The company also saw strong customer expansion, with subscription net retention above 120% and a 25% increase in customers generating $100,000 or more in subscription ARR. Rubrik's non-GAAP gross margin improved to 84%, and free cash flow was $70 million for the quarter.

  • Rubrik closed fiscal 2026 with a 'spectacular' fourth quarter.
  • Rubrik's Forward user conference will be held in Las Vegas, and the company's inaugural Investor Day is scheduled for June 10.

The players

Bipul Sinha

CEO and co-founder of Rubrik.

Kiran Choudary

CFO of Rubrik.

Jesse Greene

Rubrik's new sales leadership hire, brought on with a succession path in mind.

Rubrik

A cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance, and intelligent data governance.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.