Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 205M | 9.4% |
| Gross Profit | 150M | 64% |
| Cost of Revenue | 55M | 42.5% |
| Operating expense | 318M | 61% |
| Net Income | -177M | 75.8% |
| EBITDA | -156M | 77.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.22B | 4.4% |
| Total Liabilities | 1.72B | 2.2% |
| Shares Outstanding | 180M | 1.8% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -27M | 13.7% |
| Cash from financing | 22M | 93.9% |
EPS
Financial Highlights for Rubrik in Q3 '24
Rubrik reported a revenue of 205M, which is a 9.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 150M, marking a 64% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 55M, a -42.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 318M, showing a -61% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -177M, showing a 75.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -156M, showing a 77.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Rubrik with growth in revenue, gross profit, and net income.
