Rubrik
Financial Performance
Rubrik Revenue & Financials
Revenue
$627.9M (FY2024)
Market Cap
$7.2B
Employees
3,800
What is Rubrik's revenue?
Rubrik had $627.9M in revenue for fiscal year 2024, up 4.7% from 2023. It reported a net loss of $354.2M.
- Latest revenue
- $627.9M (FY2024)
- Year-over-year
- +4.7%
- Growth rate (CAGR)
- 89.4% over 9 years
- Peak revenue
- $627.9M (FY2024)
- Years of data
- 10
- Employees
- 3,800
- How much profit does Rubrik make?
- Rubrik reported a net loss of $354.2M for fiscal year 2024.
- How many employees does Rubrik have?
- Rubrik has about 3,800 employees.
Financial Analysis
Rubrik's financial performance demonstrates hyper-growth in recurring cloud subscriptions, expanding gross margins, and operating leverage. In fiscal year 2024, Rubrik achieved total net revenue of $627.87 million, representing a 5% overall top-line increase while masking a massive structural shift: Subscription Revenue surged 40% year-over-year to $537.9 million, as the company completed its transition from legacy hardware appliances to pure software subscriptions. Subscription Annualized Recurring Revenue (ARR) expanded 47% to $784.0 million. GAAP gross margins improved to 76.8%, and Subscription gross margin reached 77.3%. Following its successful April 2024 IPO, Rubrik's balance sheet is heavily capitalized with over $1.0 billion in cash, cash equivalents, and marketable securities, providing an enormous liquidity cushion to fund R&D and global market expansion toward sustainable operating profitability.
Revenue Trend Analysis
YoY Change
+4.7%
9-Year CAGR
+89.4%
Peak Year
2024
Trend
Consistent Growth
Rubrik has 10 full fiscal year figures on this page, compounding at +89.4% annually over 9 years. The most recent year saw a 4.7% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $627.9M. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $627.9M | -$354.2M | +4.7% |
| FY2023 | $599.8M | -$277.7M | +17.6% |
| FY2022 | $510M | -$220M | +22.9% |
| FY2021 | $415M | -$180M | +29.7% |
| FY2020 | $320M | -$150M | +52.4% |
| FY2019 | $210M | -$110M | +75.0% |
| FY2018 | $120M | -$70M | +140.0% |
| FY2017 | $50M | -$40M | +233.3% |
| FY2016 | $15M | -$20M | +650.0% |
| FY2015 | $2M | -$8M | — |
Click any row to see year details.
Keep researching Rubrik
Rubrik Revenue and Financial FAQ
What was Rubrik's latest reported annual revenue?
In its latest audited financial reporting period, Rubrik recorded consolidated net revenue of $627.9M, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Rubrik?
Rubrik generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Rubrik's capital and liquidity position?
Rubrik maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Rubrik distribute capital to shareholders?
Rubrik executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Rubrik Revenue & Financials." CorpDigest, https://corpdigest.com/company/rubrik/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Rubrik reported $627.9M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/rubrik/financials" target="_blank" rel="noopener">CorpDigest — Rubrik financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Rubrik
Core profile pages, founders and related research hubs for this company.