Rubrik (RBRK) Stock Soars: AI Demand Ignites Surprise Profit and Crushes Revenue Estimates

AI isn't just a buzzword—it's a revenue rocket. Rubrik just proved it by blasting past Wall Street's expectations, turning a surprise profit on the back of relentless enterprise demand for intelligent data management.

The Numbers Don't Lie

Forget gradual growth. The company didn't just meet targets; it demolished them, reporting a profit that caught analysts off guard and revenue that sailed past the high end of forecasts. The driver? Every corporation scrambling to secure and leverage their AI pipelines.

Beyond Backup: The AI Infrastructure Play

Rubrik's pivot from traditional data backup to an AI-ready data security platform is paying off. Enterprises are writing checks not for storage, but for resilience—ensuring their precious AI training data is both protected and compliant. It's a market shift that's fueling contracts and expanding margins.

A Cynical Nod to the Street

Let's be honest—this is the kind of beat-and-raise quarter that turns skeptical analysts into overnight bulls, until the next earnings call, of course. For now, the narrative is pure fuel: AI demand is real, it's here, and it's directly boosting the bottom line.

The takeaway is clear. In the gold rush of artificial intelligence, the companies selling the picks and shovels—especially those ensuring the gold doesn't get stolen—are printing money. Rubrik just handed the market a masterclass.

TLDR

• Rubrik stock jumped 16% after-hours following Q3 earnings that beat expectations with revenue of $350.2 million, up 48% year-over-year
• The company reported a surprise profit of $0.10 per share versus analyst expectations of a $0.17 loss per share
• Subscription ARR grew 34% to $1.35 billion, driven by increased AI-fueled demand for data security solutions
• Full-year revenue guidance raised to $1.28 billion, exceeding Wall Street’s $1.23 billion estimate
• The customer base with over $100K in subscription ARR expanded 27% year-over-year

Rubrik stock surged 16% in after-hours trading Thursday after the data security company delivered a surprise profit and raised its full-year outlook. The results caught Wall Street off guard as the company continues to benefit from the AI boom.

Rubrik, Inc., RBRK

The company reported earnings per share of $0.10 for the third quarter. Analysts had expected a loss of $0.17 per share. A year ago, Rubrik posted a loss of $0.21 per share in the same quarter.

$RBRK (Rubrik) #earnings are out: pic.twitter.com/lCjpBpLnYQ

— The Earnings Correspondent (@earnings_guy) December 4, 2025

Revenue came in at $350.2 million, up 48% from last year. Analysts had projected $320.51 million. The beat marks another quarter of strong growth for the security and AI operations company.

Subscription Revenue Climbs

Subscription ARR reached $1.35 billion by the end of October. That’s a 34% increase from the prior year. The metric represents predictable income from annual subscriptions and contracts.

The company’s customer base continues to expand. Customers with over $100K in subscription ARR grew 27% year-over-year. This shows businesses are willing to spend more on Rubrik’s data protection services.

CEO Bipul Sinha pointed to AI as a key driver. “As the AI transformation unfolds, organizations worldwide are turning to Rubrik to ensure their businesses remain secure and AI ready,” he said.

Rubrik’s gross margin showed improvement during the quarter. The company also cut its net loss compared to the previous year. Cash and short-term investments stood at $1.60 billion at the end of October.

Guidance Exceeds Expectations

For the fourth quarter, Rubrik expects revenue between $341 million and $343 million. Wall Street had estimated $325.06 million. The company projects an adjusted loss per share of $0.10 to $0.12, better than the $0.13 loss analysts expected.

The full-year outlook got a boost as well. Rubrik now expects subscription ARR between $1.439 billion and $1.443 billion. Revenue guidance sits at $1.28 billion to $1.282 billion, above the consensus estimate of $1.23 billion.

The company lowered its expected full-year loss. Adjusted net loss per share is now projected at $0.16 to $0.20. Analysts had estimated a loss of $0.49 per share.

Rubrik launched new products during the quarter. These include Rubrik Agent Cloud and Rubrik Okta Recovery. The company also expanded partnerships with CrowdStrike and Cognizant.

The data security firm operates in the cyber resilience and enterprise AI acceleration space. Its solutions help companies protect and manage data across various platforms.