Rubrik (RBRK) Cost of Revenue (2023 - 2026)
Rubrik's (RBRK) quarterly Cost of Revenue came in at $92.1 million in Q3 2026, up 44.96% year-over-year from $63.6 million in Q3 2025, and up 22.38% quarter-over-quarter from $75.3 million in Q2 2026.
Analysis
Rubrik (RBRK) Cost of Revenue (2023 - 2026) Analysis & Trends
Rubrik (RBRK) has reported Cost of Revenue for 4 consecutive years, with $92.1 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Cost of Revenue rose 44.96% year-over-year to $92.1 million in Q3 2026; TTM through Jul 2026 was $305.3 million, a 27.91% increase from a year earlier, with the FY2026 full-year figure at $261.9 million, down 1.46% from the prior year.
- Cost of Revenue was $92.1 million for Q3 2026 at Rubrik, up from $75.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $96.0 million in Q2 2024 and troughed at $33.7 million in Q4 2023.
- A 4-year average of $60.0 million and a median of $59.5 million in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 167.42% in 2024 and tumbled 36.98% in 2025, its largest moves.
- Over 4 years, Cost of Revenue stood at $33.7 million in 2023, then surged by 66.57% to $56.1 million in 2024, then increased by 21.36% to $68.1 million in 2025, then surged by 35.22% to $92.1 million in 2026.
- The last three Cost of Revenue figures came in at $92.1 million (Q3 2026), $75.3 million (Q2 2026), and $69.7 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 974.00 Mn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 404.70 Mn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 357.94 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 153.56 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 92.14 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 307.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 99.50 Mn |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | 81.56 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 |