Cyber resilience is a simple concept: You're going to be hit by a data breach. What matters is how quickly you recover.
Rubrik's fourth quarter results, which were better than expected, hammered home how enterprises are focusing more on cyber resilience. During Rubrik's conference call, cyber resilience was mentioned 30 times.
CEO Bipul Sinha said:
"If you look at cyber resilience, what we are telling our customers is that a assumed breaches will happen to you. And if you have to have an assumed breach posture, how do you ensure that you understand the risk in your most critical assets as well as your services? And how do you ensure that your services are up and running even when confronted with cyber attacks.
Think about the fundamental risk to the data comes from the user interaction with the data. The user could be human or nonhuman identities."
Constellation Research analyst Chirag Mehta has been talking about cyber resilience and recovering from data breaches. His Shortlist on Cyber Resilience features Rubrik as well as Cohesity, which is also a leader due to the acquisition of Veritas’ data protection unit. Mehta noted:
"Cyber resilience solutions go beyond traditional backup and recovery to ensure data integrity, rapid restoration, and business continuity following a breach or disruption. These solutions are designed with a post-breach resilience mindset, enabling organizations to bounce back quickly and minimize operational downtime while protecting critical assets.
Boards are no longer satisfied with the 'we have controls in place' argument. Their focus has shifted toward ensuring that organizations are truly breach-ready, with the ability to recover operations swiftly and mitigate the impact of cyber incidents. They want to understand how resilient their business and technology landscape is in the face of an attack—how quickly they can restore critical functions, limit financial losses, and, most importantly, prevent lasting brand damage."
Rubrik has been public a year and has been able to build out its business nicely. A partnership with Microsoft has also helped Rubrik grow. Rubrik also raised its fiscal 2026 outlook. Sinha said that CIOs and CISOs are focusing on securing data across multiple environments.
"What is clear is that companies are undergoing multiple technology transformations to find success in the AI era. As organizations prepare their infrastructure for generative AI and replatform to accelerate cloud adoption, they quickly realize the need for a modern data security strategy that provides robust cyber resilience," said Sinha.
Rubrik has been benefiting from the ability to protect data across clouds. The company cited a proof of concept where it protected and managed data across AWS and Microsoft Azure and was able to cut infrastructure and storage costs. Rubrik was also able to show an ability to recover 98% faster than native recovery tools.
Sinha noted that Rubrik is early in its journey and plans to accelerate product innovation and seed future growth. On March 4, Rubrik launched new Identity Recovery for Active Directory and Entra ID and introduced new tools to recover from cyber incidents including machine learning detection, orchestrated recovery and new threat hunting capabilities.
The numbers
Rubrik reported a fourth quarter net loss of $114.89 million, or 61 cents a share, on revenue of $258.1 million, up 47% from a year ago. Non-GAAP loss for the fourth quarter was 18 cents a share, well above estimates.
For fiscal 2025, Rubrik reported a net loss of $7.48 a share on revenue of $886.5 million, up 41% from a year ago.
As for the outlook, Rubrik projected first quarter revenue of $259 million to $261 million with a non-GAAP loss of 31 cents a share to 33 cents a share.
For fiscal 2026, Rubrik projected revenue of $1.145 billion to $1.161 billion with a non-GAAP earnings per share loss of $1.13 to $1.23.
