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NEW YORK - Cybersecurity company Rubrik (NYSE:RBRK), which has seen its stock surge over 150% in the past year and now commands a market capitalization of $16.61 billion, announced Tuesday it is expanding its data protection services to include Amazon DynamoDB and enhanced support for Amazon RDS for PostgreSQL. According to InvestingPro data, the company has demonstrated strong momentum with impressive revenue growth of nearly 44% in the last twelve months.
The company said the expansion will provide customers with additional defense capabilities for these Amazon Web Services (AWS) database offerings. According to the announcement, the new services will offer immutable protection by default, which ensures database backups cannot be changed or deleted. The company’s strategic expansion comes as it maintains strong gross profit margins of 76.45%, reflecting efficient operations despite operating with moderate debt levels.
For Amazon DynamoDB, AWS’s NoSQL database service, Rubrik will provide automated backup scheduling and cross-account recovery through a policy-driven console. The service will include storage-efficient incremental backups with options to utilize various Amazon S3 storage classes.
The company has also launched a cyber resilience offering specifically for relational databases, beginning with Amazon RDS for PostgreSQL. This service provides immutable protection without requiring additional infrastructure configurations.
Anneka Gupta, Chief Product Officer at Rubrik, said in the press release statement, "As organizations entrust their most critical data and applications with cloud database services, it’s crucial to have secure and cost-effective protection in place."
Rubrik claims these new offerings will help customers simplify operations, reduce cloud backup costs, and strengthen their cyber resilience posture.
The company will showcase these new capabilities at AWS Summit New York City on July 16, 2025. The announcement noted that some referenced services may not be currently available and their release timing could vary. While InvestingPro analysis suggests the stock is trading above its Fair Value, subscribers can access 10+ additional ProTips and a comprehensive Pro Research Report for deeper insights into Rubrik’s financial health and growth prospects.
In other recent news, Rubrik Inc. reported a significant 49% year-over-year increase in revenue for the first quarter, surpassing consensus estimates by 7%. The company also achieved a 53% growth in billings and a 38% rise in subscription annual recurring revenue, which reached $1.181 billion. Additionally, Rubrik announced plans to acquire AI platform Predibase, aiming to enhance its enterprise AI capabilities. The acquisition, subject to customary closing conditions, will integrate Predibase’s technology with Rubrik’s existing GenAI partnerships. On the financial front, Rubrik plans to offer $1 billion in Convertible Senior Notes due 2030, with an option for an additional $150 million. The proceeds will be used for capped call transactions, debt repayment, and general corporate purposes. Analyst firms have responded positively, with FBN Securities raising Rubrik’s stock price target to $100 and BMO Capital increasing it to $110, both maintaining an Outperform rating. These developments reflect strong growth and strategic expansion efforts by Rubrik.
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