Rubrik (RBRK) Q2 FY2027 Earnings Call: Guidance and Outlook
Formal guidance covers the third quarter and full fiscal year 2027, with management raising its full-year outlook across subscription ARR, revenue, and profitability metrics.
About Rubrik. Rubrik, Inc. operates as a global provider of advanced data security solutions, catering to a wide range of individuals and businesses. The company's comprehensive suite of offerings addresses various aspects of data protection, including securing enterprise data, unstructured data, cloud environments, and Software-as-a-Service (SaaS) applications.
$0.07 to $0.09 based on approximately 230 million weighted average shares outstanding
Annual guidance
Subscription ARR
$1.88 billion to $1.885 billion, reflecting a year-over-year growth rate of approximately 29%
Total revenue
$1.685 billion to $1.693 billion
Non-GAAP subscription ARR contribution margin
Approximately 15.5%
Non-GAAP earnings per share
$0.47 to $0.53 based on approximately 228 million weighted average shares outstanding
Free cash flow
$323 million to $333 million
Outlook
Market demand
Demand for cyber resilience remains durable as customers view unified platform approaches as board-level mandatory requirements.
Sovereign and regulated demand
Geopolitical concerns and the need for data and digital infrastructure sovereignty are driving demand for non-cloud deployments in regulated industries and government.
R&D investments
The company plans to continue investing in R&D to accelerate innovation in data security and AI.
Go-to-market investments
Investments will target regions and verticals offering the highest ROI, focusing on newer innovations like Identity Resilience and Rubrik Agent Cloud.
Dombey's summary of the Rubrik Q2 FY2027 earnings call held Aug 27, 2026, written from the call itself. Every figure on this page was checked against what was said on the call, and quoted lines are management's own words; we do not add estimates or prices. The tone score is our read of management's wording, guidance and answers. Check figures against the company's SEC filings before acting. This is research, not investment advice.
