Rubrik (RBRK) Cost of Revenue (2023 - 2026)
Rubrik's Cost of Revenue was $92.14 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 45.0% from $63.56 million a year earlier and up 22.4% from the prior quarter.
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Analysis
Rubrik (RBRK) Cost of Revenue (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Rubrik's Cost of Revenue was $305.26 million through Jul 31, 2026, up 27.9% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $261.88 million, down 1.5% from FY2025.
- Cost of Revenue shows a three-year compound annual growth rate of 12.9% (FY2023 to FY2026).
- In earlier fiscal years, Cost of Revenue was $265.75 million in FY2025 (+83.3%), $144.96 million in FY2024 (-20.4%) and $182.01 million in FY2023.
- The fiscal Q2 2027 figure marks the highest quarterly Cost of Revenue since fiscal Q1 2025.
- Compared with a year earlier, Cost of Revenue has increased for five straight quarters, with growth averaging 25.1% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was fiscal Q1 2025 (growth of 167.4%); the worst was fiscal Q1 2026 (a decline of 37.0%).
- Per Business Quant data, RBRK's Cost of Revenue in the three fiscal quarters before Q2 2027 was $75.29 million (Q1 2027), $69.7 million (Q4 2026) and $68.14 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | 1.11 Bn |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 404.70 Mn |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | 510.08 Mn |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | 240.11 Mn |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 164.00 Mn |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 357.94 Mn |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | 202.01 Mn |
| 10 | Rubrik | 24.56 Bn | 17.79 Bn | 335.12 Mn | 92.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 92.14 Mn |
| Apr 30, 2026 | 75.29 Mn |
| Jan 31, 2026 | 69.70 Mn |
| Oct 31, 2025 | 68.14 Mn |
| Jul 31, 2025 | 63.56 Mn |
| Apr 30, 2025 | 60.48 Mn |
| Jan 31, 2025 | 58.46 Mn |
| Oct 31, 2024 | 56.15 Mn |
| Jul 31, 2024 | 55.17 Mn |
| Apr 30, 2024 | 95.98 Mn |
| Jan 31, 2024 | 39.97 Mn |
| Oct 31, 2023 | 33.71 Mn |
| Jul 31, 2023 | 35.39 Mn |
| Apr 30, 2023 | 35.89 Mn |
API Access
Rubrik Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RBRK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "RBRK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RBRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();