Rubrik, Inc.

Rubrik and Wipro have launched Enterprise Resilience as a Service, a managed offering that embeds Rubrik's immutable protection and threat-aware recovery into business continuity outcomes. Rubrik also expanded its Agent Cloud platform with Rubrik Agent Identity to harden AI agent security across data, infrastructure, and identities. The launches position Rubrik at the center of emerging standards for secure, governed autonomous AI in the enterprise, alongside its lead role in the CSAI Foundation's AI Resilience Center of Excellence. While the product story strengthens Rubrik's AI-driven cyber resilience narrative, the company remains loss-making and trades at a rich sales multiple, with ongoing losses and negative equity still key risks. Rubrik's narrative projects $2.5 billion revenue and $302.9 million earnings by 2029, requiring 20.6% yearly revenue growth and an earnings increase of about $591.5 million from -$288.6 million today.

Rubrik announced a $500 million investment in the UK over the next five years and the establishment of its European headquarters in London. The investment aims to support the company's local ecosystem, helping organizations across Europe address data sovereignty needs and recover from cyberattacks. This follows Rubrik's recent integration with the AWS European Sovereign Cloud to provide secure cyber resilience for highly regulated industries and the public sector. The company is also expanding its focus to include AI resilience, developing security guardrails and rewind features to reverse unintended actions by AI tools.

Rubrik has expanded its alliance with Cognizant and announced an upcoming Rubrik Agent Cloud integration with Amazon Bedrock AgentCore, aiming to deliver real-time AI governance, rollback capabilities, and unified policy control for enterprises running autonomous agents on AWS and Cognizant platforms. These moves position Rubrik as a core infrastructure provider for governing AI agents at scale, particularly in heavily regulated sectors where traceability, policy enforcement, and operational control are becoming central requirements. The announcements reinforce the existing growth outlook behind raised fiscal 2027 revenue guidance and support the recent share price rebound, though any financial impact is likely to build over time. Key risks include execution with global system integrators, intensifying competition, and the path to profitability given negative equity and continued net losses.

Rubrik reported fiscal first-quarter 2027 revenue of $387.07 million, beating estimates of $366.32 million, and earnings per share of $0.16, topping expectations of a negative $0.03. The company achieved record net new subscription annual recurring revenue of $103 million and raised its full-year revenue guidance to between $1.64 billion and $1.65 billion, citing demand for cyber resilience and AI-driven security solutions. Separately, Rubrik announced an upcoming integration of its Agent Cloud platform with Amazon Bedrock AgentCore to bring enterprise-grade security controls into AI agent workflows.