Q1 2026 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Total Revenue | +48.6% | The revenue increased from $187.3M to $278.5M, driven by strong subscription growth (+54.4% YoY) and robust performance in key regions (Americas +50.6% and EMEA +66.8%), building on improvements seen in previous periods. |
Subscription Revenue | +54.4% | Growing from $172.2M to $265.7M, this growth reflects the company’s effective shift to a subscription model with higher customer adoption and improved sales execution compared to earlier periods. |
Americas Revenue | +50.6% | Increased from $134.523M to $202.765M due to strong regional demand, enhanced subscription uptake, and further customer expansion relative to prior quarters. |
EMEA Revenue | +66.8% | Rising from $45.457M to $75.716M, this surge is attributed to international expansion and the continued momentum in subscription sales, further building on previous growth trends. |
Gross Profit | +138% | Gross profit more than doubled from $91,336K to $217,998K, primarily as a result of the increased mix of higher margin subscription revenue and improved cost efficiencies compared to past periods. |
Net Loss | 86% reduction | Net loss narrowed dramatically from $(732,091)K to $(102,104)K, mainly due to improved operating performance and cost management that partially offset the prior period’s high expenses. |
Operating Cash Flow | Turnaround: from –$31,381K to +$39,655K | The operating cash flow reversed its negative trend through enhanced revenue generation, improved non-cash adjustments, and stronger cost control measures compared to the previous period. |
Short-term Investments | +361% | Short-term investments surged from $103,706K to $478,059K as part of a strategic reallocation of excess funds into investments, reflecting a continued trend seen in prior periods of optimizing asset returns. |
Cash and Cash Equivalents | –43% | Cash balances fell from $502,614K to $283,998K likely due to reallocation of funds into short-term investments and operational needs, contrasting with prior periods where liquidity was bolstered by financing inflows. |
Metric | Period | Guidance | Actual | Performance |
---|---|---|---|---|
Revenue | Q1 2026 | $259 million to $261 million [N/A] | $278.481 million | Beat |
Research analysts covering Rubrik.