Rubrik RBRK Surges 3.02% on Strong Earnings and AI Expansion, Hits 12-Month High

Rubrik (RBRK) surged 3.02% on Monday, marking its third consecutive day of gains with a cumulative rise of 13.81% in three trading sessions. The stock reached an intraday high of 4.33% above its previous levels, hitting its highest price since September 2025. This momentum follows strong financial results and strategic moves that have bolstered investor confidence.

The company’s Q2 2026 earnings report highlighted robust revenue growth, with total revenue climbing 51% year-over-year to $309.9 million. Subscription Annual Recurring Revenue (ARR) expanded to $1.25 billion, up 36% annually, driven by healthy customer acquisition and retention. Improved gross margins, now at 79.5% (GAAP) and 81.6% (non-GAAP), signaled enhanced operational efficiency. Positive cash flow generation, including $57.5 million in free cash flow, further reinforced the company’s financial health.

Rubrik’s acquisition of Predibase, a GenAI platform, has accelerated its AI capabilities, enabling secure and scalable AI deployment for enterprise clients. The integration of Predibase’s technology underpinned the launch of Agent Rewind, a tool to mitigate errors in agentic AI systems. These innovations position Rubrik as a leader in secure AI solutions, aligning with rising demand for data-driven technologies. The company also expanded its cloud data protection offerings, including enhanced immutability features for Amazon RDS and DynamoDB, strengthening its competitive edge.

Looking ahead, Rubrik raised its fiscal 2026 revenue and free cash flow guidance, projecting $1.227–1.237 billion in revenue and $145–155 million in free cash flow. CEO Bipul Sinha emphasized the company’s focus on profitability and AI integration, framing Rubrik’s strategy around “unlocking new frontiers in data, security, and AI.” While GAAP net losses persist due to stock-based compensation, non-GAAP metrics underscore operational leverage and capital efficiency, which remain critical for long-term investor trust.