Rubrik (RBRK) Cost of Revenue (2023 - 2026)
Rubrik (RBRK) posted quarterly Cost of Revenue of $75.3 million for Q2 2026, up 24.47% year-over-year from $60.5 million in Q2 2025, and up 8.02% quarter-over-quarter from $69.7 million in Q1 2026.
Rubrik (RBRK) Cost of Revenue (2023 - 2026) Analysis & Trends
Rubrik (RBRK) has reported Cost of Revenue for 4 consecutive years, with $75.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 24.47% year-over-year to $75.3 million; the TTM figure through Apr 2026 stood at $276.7 million (up 20.16% YoY), while the FY2026 annual figure was $261.9 million, down 1.46% from the prior year.
- Cost of Revenue grew to $75.3 million in Q2 2026 per RBRK's latest filing, from $69.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $96.0 million in Q2 2024 and bottomed at $33.7 million in Q4 2023.
- Historically, Cost of Revenue has averaged $57.5 million across 4 years, with a median of $58.5 million in 2025.
- Annual changes were most pronounced in 2024 — Cost of Revenue jumped 167.42% — and 2025, when it slumped 36.98%.
- Rubrik's Cost of Revenue stood at $33.7 million in 2023, then jumped by 66.57% to $56.1 million in 2024, then gained by 21.36% to $68.1 million in 2025, then grew by 10.49% to $75.3 million in 2026.
- Business Quant data shows RBRK's Cost of Revenue at $75.3 million in Q2 2026, $69.7 million in Q1 2026, and $68.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 296.87 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Rubrik | 20.45 Bn | 18.70 Bn | 311.78 Mn | 75.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 75.29 Mn |
| Apr 30, 2026 | 75.29 Mn |
| Jan 31, 2026 | 69.70 Mn |
| Jan 31, 2026 | 69.70 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 | 60.48 Mn |
| Apr 30, 2025 | 60.48 Mn |
| Jan 31, 2025 | 58.46 Mn |
| Jan 31, 2025 | 58.46 Mn |
| Oct 31, 2024 | 56.15 Mn |
| Oct 31, 2024 | 56.15 Mn |
| Jul 31, 2024 | 55.17 Mn |
| Jul 31, 2024 | 55.17 Mn |
| Apr 30, 2024 | 95.98 Mn |
| Apr 30, 2024 | 95.98 Mn |
| Jan 31, 2024 | 39.97 Mn |
| Jan 31, 2024 | 39.97 Mn |