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Rubrik (RBRK) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Mar 19, 2026

Rubrik (RBRK) reported revenue of $378M for the fourth quarter fiscal 2026 (Q4 FY26), +46% from a year earlier and +8% from the quarter before. Operating margin was -21.8%, net loss $87.0M (23.0% of revenue).

Revenue$378M
Year over year+46%
Quarter over quarter+8%
Operating margin-21.8%
Net earnings−$87.0M

Rubrik, Q4 FY26: revenue $378M (+46% year over year), operating margin -21.8%, net loss $87.0M, operating cash flow $93.0M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$378M+8%+46%
Operating profit−$82.4M——
Net earnings−$87.0M——
Operating cash flow$93.0M+9%+11%
Free cash flow$70.1M—-7%

What changed

Revenue was $377.7M in Q4 FY26, up 46% year over year and up 8% from the previous quarter.

Gross margin was 81.5%, up 4.2 points from Q4 FY25. Operating costs exceeded revenue by $82.4M, an operating margin of -21.8%. Operating expenses grew 24% against revenue growth of 46%. The fastest-growing cost line was Sales & marketing (+39%). The quarter ended with a net loss of $87.0M, wider than the previous quarter's $63.8M loss.

Operating cash flow was $93.0M (up 11% year over year). Non-cash charges added back $10.7M of depreciation and amortization and $84.9M of share-based compensation. Working capital and other items added $84.4M. After purchases of property and equipment ($18.5M) and capitalized internal-use software ($4.4M), free cash flow as the company reports it was $70.1M.

Questions

What was Rubrik's revenue in the fourth quarter fiscal 2026?

Rubrik (RBRK) reported revenue of $378M for the fourth quarter fiscal 2026 (Q4 FY26), +46% from a year earlier and +8% from the quarter before.

Was Rubrik profitable in the fourth quarter fiscal 2026?

Operating loss was $82.4M (-21.8% of revenue) and net loss $87.0M.

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Source: Rubrik 10-K on SEC EDGAR.