04:21 PM EDT, 06/05/2025 (MT Newswires) -- Rubrik ( RBRK ) reported fiscal Q1 non-GAAP loss late Thursday of $0.15 per diluted share, narrowing from the loss of $1.58 a year earlier.

Analysts polled by FactSet expected a loss of $0.32.

Revenue in the three months ended April 30 rose to $278.5 million from $187.3 million a year earlier.

Analysts surveyed by FactSet expected $260.4 million.

The company expects a Q2 adjusted loss of $0.33 to $0.35 a share on revenue of $281 million to $283 million. Analysts expect a loss of $0.36 on revenue of $273.3 million.

The company expects a fiscal 2026 adjusted loss of $0.96 to $1.02 a share on revenue of $1.38 billion to $1.39 billion. That compares with the March 13 forecast for a loss of $1.13 to $1.23 a share on revenue of $1.15 billion to $1.16 billion.

Analysts expect a loss of $1.17 on revenue of $1.16 billion.

The company's shares rose 3.4% in after-hours trading.