Rubrik (RBRK) Rockets 22.5% on Q3 Blowout

We recently published 10 Stocks Sparking Massive Fortunes. Rubrik Inc. (NYSE:RBRK) is one of the best performers on Friday.

Rubrik soared by 22.49 percent week-on-week after announcing an impressive earnings performance in the third quarter of fiscal year 2026.

In an updated report, Rubrik Inc. (NYSE:RBRK) said it trimmed its net loss by 51.3 percent to $63.8 million from $130.9 million in the same period last year. Revenues increased by 48 percent to $350.17 million from $236.18 million year-on-year, beating its expectations of $319 million to $321 million, on the back of a 52 percent jump in subscription revenues of $336.4 million versus $221.5 million in the same quarter last year.

Annual recurring revenues (ARR) grew by 34 percent year-on-year at $1.35 billion.

“Rubrik had another exceptional quarter, with record net new subscription ARR and free cash flow generation. As the AI transformation unfolds, organizations worldwide are turning to Rubrik to ensure their businesses remain secure and AI-ready,” said Rubrik Inc. (NYSE:RBRK) Chairman and CEO Bipul Sinha.

Encouraged by the results, the company raised its revenue outlook for the full fiscal year to a range of $1.28 billion to $1.282 billion from the $1.227 billion to $1.237 billion previously.

Subscription ARR is also expected to be at $1.439 billion to $1.443 billion, versus the previous guidance of $1.408 billion to $1.416 billion.

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Disclosure: None. This article is originally published at Insider Monkey.