Rubrik (RBRK) Cost of Revenue (2023 - 2026)

Rubrik (RBRK) posted quarterly Cost of Revenue of $75.3 million for Q2 2026, down 55.71% YoY from $170.0 million in Q2 2025, and down 66.37% sequentially from $223.9 million in Q1 2026.

Rubrik (RBRK) Cost of Revenue (2023 - 2026) Analysis & Trends

Rubrik has disclosed Cost of Revenue across 4 years of filings, most recently posting $75.3 million for Q2 2026.

  • In Q2 2026, Cost of Revenue fell 55.71% year-over-year to $75.3 million; the TTM figure through Apr 2026 stood at $430.9 million (up 663.79% YoY), while the FY2026 annual figure was $769.0 million, up 189.38% from the prior year.
  • Cost of Revenue slipped to $75.3 million in Q2 2026, from $223.9 million in the prior quarter.
  • Over the last five years, Cost of Revenue for RBRK reached as high as $379.3 million in Q2 2024 and fell as low as -$440.4 million in Q1 2025.
  • The 4-year median for Cost of Revenue is $115.4 million (2023), against an average of $90.6 million.
  • Annual changes were most pronounced in 2024 — Cost of Revenue soared 374.5% — and 2025, when it plunged 1201.78%.
  • A 4-year view of Cost of Revenue shows it stood at $120.8 million in 2023, then surged by 31.49% to $158.9 million in 2024, then sank by 57.12% to $68.1 million in 2025, then climbed by 10.49% to $75.3 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $75.3 million, $223.9 million, and $68.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 6.81 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 215.80 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 823.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 463.58 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 636.30 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 184.16 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 396.38 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.15 Bn
10 Rubrik 16.69 Bn 14.95 Bn 311.78 Mn 75.29 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 75.29 Mn
Apr 30, 2026 75.29 Mn
Jan 31, 2026 223.89 Mn
Jan 31, 2026 223.89 Mn
Oct 31, 2025 68.14 Mn
Oct 31, 2025 68.14 Mn
Jul 31, 2025 63.56 Mn
Jul 31, 2025 63.56 Mn
Apr 30, 2025 169.99 Mn
Apr 30, 2025 169.99 Mn
Jan 31, 2025 -440.42 Mn
Jan 31, 2025 -440.42 Mn
Oct 31, 2024 158.91 Mn
Oct 31, 2024 158.91 Mn
Jul 31, 2024 167.93 Mn
Jul 31, 2024 167.93 Mn
Apr 30, 2024 379.33 Mn
Apr 30, 2024 379.33 Mn
Jan 31, 2024 39.97 Mn
Jan 31, 2024 39.97 Mn