Total Revenue

+48.5% " "

Total Revenue increased from $187,315k to $278,481k, driven primarily by strong subscription revenue growth and an ongoing shift from legacy revenue streams, building on previous trends of expanding subscription adoption and geographic expansion. " "

Subscription Revenue

+54% " "

Subscription Revenue rose from $172,195k to $265,661k, reflecting continued rapid customer adoption of Rubrik’s subscription-based offerings and ARR growth from previous periods, reinforcing the successful transition strategy initiated earlier. " "

Maintenance Revenue

–59% " "

Maintenance Revenue fell from $5,667k to $2,330k, consistent with the strategic shift from legacy maintenance contracts to subscription models observed in earlier periods, underscoring the declining relevance of perpetual license support. " "

Gross Profit

+138% " "

Gross Profit surged from $91,336k to $217,998k, benefiting from both the increased high-margin subscription revenue and operational efficiencies, building on prior period improvements that leveraged a more favorable cost-revenue mix. " "

Operating Expenses

–62% " "

Operating Expenses dropped from $816,173k to $311,089k, indicating significant operational improvements and cost management—including reduced stock-based compensation and streamlined processes—which further enhanced net margins relative to previous performance. " "

Net Loss

–86% " "

Net Loss was reduced dramatically from $732,091k to $102,104k, as a result of the combined effects of revenue growth, improved gross margins, and sharply reduced operating expenses from measures implemented in earlier periods. " "