Rubrik (RBRK) Research & Development (2023 - 2026)
Rubrik (RBRK) posted quarterly Research & Development of $193.1 million for Q2 2026, up 13.59% year-over-year from $170.0 million in Q2 2025, and down 61.19% quarter-over-quarter from $497.5 million in Q1 2026.
Rubrik (RBRK) Research & Development (2023 - 2026) Analysis & Trends
Rubrik (RBRK) has reported Research & Development for 4 consecutive years, with $193.1 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 13.59% year-over-year to $193.1 million; the TTM figure through Apr 2026 stood at $1.1 billion (up 114.17% YoY), while the FY2026 annual figure was $769.0 million, down 11.35% from the prior year.
- Research & Development eased to $193.1 million in Q2 2026 per RBRK's latest filing, from $497.5 million in the prior quarter.
- Across five years, Research & Development topped out at $497.5 million in Q1 2026 and bottomed at $46.3 million in Q2 2023.
- Historically, Research & Development has averaged $163.4 million across 4 years, with a median of $161.4 million in 2025.
- Annual changes were most pronounced in 2024 — Research & Development soared 516.82% — and 2025, when it tumbled 40.43%.
- Rubrik's Research & Development stood at $120.8 million in 2023, then plunged by 33.76% to $80.0 million in 2024, then jumped by 141.29% to $193.2 million in 2025, then dropped by 0.03% to $193.1 million in 2026.
- Business Quant data shows RBRK's Research & Development at $193.1 million in Q2 2026, $497.5 million in Q1 2026, and $193.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Rubrik | 20.45 Bn | 18.70 Bn | 311.78 Mn | 193.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 193.10 Mn |
| Jan 31, 2026 | 497.52 Mn |
| Oct 31, 2025 | 193.15 Mn |
| Jul 31, 2025 | 181.99 Mn |
| Apr 30, 2025 | 169.99 Mn |
| Jan 31, 2025 | 161.36 Mn |
| Oct 31, 2024 | 80.05 Mn |
| Jul 31, 2024 | 86.23 Mn |
| Apr 30, 2024 | 285.38 Mn |
| Jan 31, 2024 | 59.13 Mn |
| Oct 31, 2023 | 120.85 Mn |
| Jul 31, 2023 | 49.76 Mn |
| Apr 30, 2023 | 46.27 Mn |