RBRK (Rubrik) Operating Income: $-305 Mil (TTM As of Apr. 2026)

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RBRK Rubrik Inc RBRK
35 GF Score
Price $102.23
! 4 Warning Signs
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What is Rubrik Operating Income?

Rubrik RBRK -2.72% 35 Operating Income is $-305 Mil as of Apr. 2026. GuruFocus rates RBRK with a GF Score™ of 35/100. The stock has 4 warning signs investors should review.

Rubrik's Operating Income for the three months ended in Apr. 2026 was $-53 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was $-305 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Rubrik's Operating Income for the three months ended in Apr. 2026 was $-53 Mil. Rubrik's Revenue for the three months ended in Apr. 2026 was $387 Mil. Therefore, Rubrik's Operating Margin % for the quarter that ended in Apr. 2026 was -13.60%.

Good Sign:

Rubrik Inc operating margin is expanding. Margin expansion is usually a good sign.

Rubrik's 5-Year average Growth Rate for Operating Margin % was 1.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rubrik's annualized ROC % for the quarter that ended in Apr. 2026 was -12.42%. Rubrik's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -169.77%.


Rubrik  (NYSE:RBRK) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Rubrik's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-210.536 * ( 1 - 0% )/( (1686.317 + 1704.157)/ 2 )
=-210.536/1695.237
=-12.42 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2766.536 - 170.714 - ( 1675.775 - max(0, 1314.059 - 2223.564+1675.775))
=1686.317

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2768.247 - 120.4 - ( 1749.114 - max(0, 1280.046 - 2223.736+1749.114))
=1704.157

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Rubrik's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-144.584/( ( (83.83 + max(-757.406, 0)) + (86.504 + max(-795.457, 0)) )/ 2 )
=-144.584/( ( 83.83 + 86.504 )/ 2 )
=-144.584/85.167
=-169.77 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(256.773 + 5.676 + 281.495) - (170.714 + 1068.754 + 61.882)
=-757.406

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(199.344 + 7.043 + 263.59) - (120.4 + 1121.975 + 23.059)
=-795.457

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Rubrik's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-52.634/387.068
=-13.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Rubrik Operating Income Related Terms


Rubrik Operating Income Historical Data

* Premium members only.

The historical data trend for Rubrik's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rubrik Operating Income Chart

Rubrik Annual Data
Trend Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Income
Get a 7-Day Free Trial -249.79 -261.55 -306.51 -1,134.03 -345.42

Rubrik Quarterly Data
Jan21 Jan22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -93.09 -94.46 -75.48 -82.38 -52.63
RBRK
35GF Score
Rubrik Inc RBRK
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Rubrik Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-305 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-305 Mil mean?
Rubrik (RBRK) has a Operating Income of $-305 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Rubrik and its competitors.
Is Rubrik's Operating Income too high?
Rubrik's current Operating Income is $-305 Mil. Overall, Rubrik has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Rubrik's Operating Income compare to NTNX and GEN?
Rubrik's Operating Income of $-305 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Software company?
A good Operating Income depends on the Software industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Rubrik and its competitors. Rubrik's current Operating Income is $-305 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rubrik stock overvalued right now?
Rubrik (RBRK) has a current Operating Income of $-305 Mil. The current Operating Income is $-305 Mil. Rubrik's overall GF Score™ is 35/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Rubrik (RBRK), the current Operating Income is $-305 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rubrik Business Description

Address 3495 Deer Creek Road, Palo Alto, CA, USA, 94304
Rubrik Inc is a company that offers data security solutions to organizations ranging from companies world-wide to mid-sized and smaller customers. Its platform is architected to help organizations achieve cyber resilience, which encompasses cyber posture and cyber recovery. The Company has one reportable segment, software and services. It enables organizations to confidently accelerate digital transformation and leverage the cloud to realize business agility. Geographically, the company operates in the Americas, EMEA (Europe, the Middle East, and Africa), and APAC (Asia Pacific). It generates maximum revenue from the Americas.
35GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$102.23
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