Rubrik RBRK Subscription — Adjusted subscription cost of revenue

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Questions, answered.

What is Rubrik's subscription — adjusted subscription cost of revenue?

Rubrik (RBRK) reported subscription — adjusted subscription cost of revenue of $58.19M in Q1 2026.

How has Rubrik's subscription — adjusted subscription cost of revenue changed year-over-year?

Rubrik's subscription — adjusted subscription cost of revenue increased by 24.8% year-over-year, from $46.64M to $58.19M.

What is the long-term trend for Rubrik's subscription — adjusted subscription cost of revenue?

Over 3 years (2023 to 2026), Rubrik's subscription — adjusted subscription cost of revenue has grown at a 49.4% compound annual growth rate (CAGR), from $61.13M to $203.72M.

What does subscription — adjusted subscription cost of revenue mean?

The normalized direct costs of providing subscription services, excluding non-cash expenses.

How do you interpret subscription — adjusted subscription cost of revenue?

A stable or declining trend relative to revenue suggests improved operational leverage and better management of cloud hosting and support costs.

How does subscription — adjusted subscription cost of revenue compare across companies?

Comparable to Non-GAAP Cost of Revenue or Adjusted Cost of Goods Sold used by technology companies to highlight core operational margins.