The Daily Beat - December 8, 2025 📈

There were no S&P 500 earnings reactions on Friday, but there was a non-S&P 500 earnings reaction that caught our attention. 

The company's name is Rubrik $RBRK.

They sit at the intersection of cyber, data, identity, and AI. 

And as the world shifts from cyberattack prevention to cyberattack resilience, they are positioned to dominate. 

The company helps enterprises protect and recover their most sensitive data across on-prem, public cloud, SaaS workloads, and identity systems.

They do this through automated recovery, zero-trust architecture, threat analytics, and real-time remediation, all layered directly into the product. 

In a world where ransomware is inevitable and identity is becoming the primary attack vector, the company has positioned itself as the operating system for cyber resilience. 

That framing matters because the next wave of enterprise spend isn’t going to companies that promise a breach will never happen. It’s going to companies that guarantee the business survives when it does.

And that brings us to the financial story.

Rubrik reported earnings after Thursday's closing bell, and the stock absolutely exploded on Friday, jumping more than 22% in one of its strongest earnings reactions since going public in the spring of 2024. 

Heading into the print, shares had been stuck in a nasty drawdown of more than 30%. 

Investors were clearly losing patience...

But last week's earnings report flipped the script.

The single most important metric the market cares about right now is subscription annual recurring revenue:

*Chart via RBRK's latest investor presentation.

In last week's report, Rubrik delivered again with Subscription ARR up 34% year-over-year.

Even more importantly, the trend has been building steadily for years. 

Quarter after quarter, the company continues to add roughly $100M in ARR like clockwork. 

The visual looks like early-stage snowball compounding: small at first, then suddenly vertical.

Rubrik is benefiting from a perfect product-market alignment at precisely the moment when enterprises are reevaluating their entire security stack for the AI era. 

This is a software infrastructure play for the AI revolution, and the market just confirmed it:

Heading into the earnings report, RBRK had stuck below the volume-weighted average price anchored to the all-time high, signaling the sellers were in control. 

But Friday’s reaction changed everything...

The stock ripped higher and closed back above this key level of interest, indicating that buyers have regained control of the primary trend. 

From a pure price-based standpoint, that’s about as bullish as it gets. 

When a breakout coincides with a fundamental acceleration, it increases the odds of a brand-new leg higher.

From here, RBRK's path of least resistance is higher for the foreseeable future.

Rubrik is precisely the kind of setup we love at The Beat Report.

Thank you for reading

-The Beat Team