Record Subscription ARR Achievement
Rubrik surpassed $1 billion in subscription ARR, growing 38% year-over-year, marking a significant milestone since its founding.
Strong Subscription Revenue Growth
Subscription revenue reached $221 million, showing a 55% year-over-year increase.
Improved Profitability Metrics
Subscription ARR contribution margin improved by 1,100 basis points year-over-year, and free cash flow increased to over $15 million.
Enterprise Customer Growth
Customers with $100,000 or more in subscription ARR grew by 32% year-over-year, reaching 2,085 customers.
Expansion of Rubrik Security Cloud
Cloud ARR increased by 69%, driven by the adoption of Rubrik Security Cloud.
Innovative Product Development
Rubrik announced 'Annapurna', a new service to support trusted gen AI applications, enhancing their long-term innovation strategy.