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FOR THE YEAR ENDED 31 JANUARY 2026
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RUBRIK UK LIMITED
COMPANY INFORMATION
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RUBRIK UK LIMITED
CONTENTS
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RUBRIK UK LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 JANUARY 2026
Rubrik UK Limited (the "Company") is a private company limited by shares, incorporated and domiciled in England and Wales under the Companies Act 2006. The Company is wholly owned indirectly by Rubrik Inc. (“Rubrik”), a public company incorporated in the United States, and provides marketing, pre-sales solicitation and post customer support services to Rubrik Inc. Rubrik is a market leader in Cloud Data Management and delivers automated backup, recovery, archival, search, compliance, analytics, and copy data management in a simple scale-out platform built for hybrid cloud. The Company began operations on January 1, 2019.
The Company provides marketing, pre-sales solicitation and post-sale customer support services to its ultimate parent company, Rubrik Inc., and is remunerated on a cost-plus basis. Turnover for the year was £58.2m (2025: £58.8m), broadly in line with the prior year and consistent with the overall vision of the Group and the plan for the Company.
Operating profit for the year was £1.3m (2025: £16.0m). The decrease is mainly due to higher employee-related expenses. Average headcount grew from 132 to 158 to support the Group's growth, and staff costs rose to £47.8m (2025: £36.5m).
All of the Company's turnover is earned from services provided to its ultimate parent company, Rubrik Inc., so the Company's results depend on the financial condition and strategic direction of the Group. A material adverse change affecting the Group, such as a decline in its revenue or profitability or a reduced need for local sales and marketing support, could reduce the volume of services the Group requires from the Company and, in turn, the Company's results. Adverse economic or geopolitical conditions in the UK, Europe or globally could also reduce technology spending among prospective customers in the Company's territory.
The Directors consider the key financial performance indicators of the Company to be turnover, operating profit and staff costs. Turnover was £58.2m (2025: £58.8m), operating profit was £1.3m (2025: £16.0m) and staff costs were £47.8m (2025: £36.5m), as discussed in the Business Review. Net assets increased to £35.8m (2025: £27.2m).
The Directors monitor average headcount as the principal non-financial indicator, as headcount drives the Company's cost base and its capacity to provide services to the Group. Average headcount increased to 158 (2025: 132), mainly in sales and marketing.
Page 1
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RUBRIK UK LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
As required under Section 172(1) of the Companies Act 2006, the Directors of the Company have a duty to act in a way they consider, in good faith, would be most likely to promote the success of the Company & for the benefit of its members as a whole, while having regard to various matters as set out in the Act.
The Company is a wholly owned subsidiary of Rubrik International Inc., with Rubrik Inc. as its ultimate parent company. Its primary activity is to provide services to the ultimate parent company. Strategic direction and key decisions regarding policies, operations, and business conduct are principally determined at the Group level. The Company operates in alignment with Group strategies, policies, and processes, and its board primarily implements the decisions taken by the Group. In fulfilling their duties, the directors of the Company have had regard to:
∙The long-term objectives and sustainability of the Group, which inform decision-making at the UK entity level;
∙The interests and wellbeing of the Company’s employees, as set out in Group policies and procedures;
∙The Company’s business relationships, which predominantly involve other Group entities;
∙The impact of operations on the broader community and the environment, with guidance provided from the Group’s standards on corporate responsibility and sustainability;
∙The maintenance of high standards of business conduct, in accordance with Group codes of conduct and compliance requirements; and
The strategic decisions are taken at the Group head office, and the Directors seek to ensure that the implementation of such decisions at the UK company level reflects the factors set out in Section 172(1) and is consistent with applicable UK regulations and the interests of the Company as a whole.
This report was approved by the board on 23 October 2026 and signed on its behalf.
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RUBRIK UK LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 JANUARY 2026
The Directors present their report and the financial statements for the year ended 31 January 2026.
The profit for the year, after taxation, amounted to £277,435 (2025: £17,113,485).
The Directors who served during the year were:
Supplier and customer engagement, including procurement, relationship management, and feedback mechanisms, are governed by comprehensive policies and procedures established at group level. These group-wide policies are designed to ensure consistency, compliance with applicable laws and regulations, and adherence to ethical standards across all subsidiaries. The Company adheres strictly to these policies.
The Company operates as a wholly owned subsidiary of Rubrik International Inc. Its ultimate parent company, Rubrik Inc, based in the United States, is the Company’s sole customer. All sales and operational transactions with the ultimate parent are conducted under approved transfer pricing arrangements and established contractual terms. The Company does not engage with external customers. Similarly, the majority of the suppliers providing goods and services are chosen in accordance with group-wide supplier policies.
The Company's energy consumption calculations are based on Greenhouse Gas (GHG) Protocol Accounting and Reporting Standard.
The emission intensity (scope 1 and 2) - MT CO2e/Revenue £m is 0.5.
The Company has included mandatory Directors’ Report disclosures within the Strategic Report as they are considered by the Directors to be of strategic importance, as permitted by the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013.
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RUBRIK UK LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
There have been no significant events affecting the Company since the year end.
The directors will consider the appointment of auditors for the next financial year in accordance with the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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RUBRIK UK LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 JANUARY 2026
The Directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the Directors to prepare financial statements for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the Directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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RUBRIK UK LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF RUBRIK UK LIMITED
We have audited the financial statements of Rubrik UK Limited (the 'Company') for the year ended 31 January 2026, which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Cash Flows, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Directors with respect to going concern are described in the relevant sections of this report.
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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RUBRIK UK LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF RUBRIK UK LIMITED (CONTINUED)
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.
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RUBRIK UK LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF RUBRIK UK LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Identifying and assessing potential risks related to irregularities
The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:
∙We have considered the nature of the industry and sector, control environment and business performance.
∙We have considered the results of our enquiries of management, including the Directors, about their own identification and assessment of the risk of irregularities.
∙For any matters identified we have obtained and reviewed the Company’s documentation of their policies and procedures relating to:
°Identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;
°Detecting and responding to the risk of fraud and whether they have knowledge of actual, suspected, or alleged fraud; and,
°The internal controls established to mitigate the risks of fraud or non-compliance with laws and regulations.
∙We have considered the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud, and incorrect recognition of revenue was identified as the greatest potential area for fraud.
In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.
We also obtained an understanding of the legal and regulatory frameworks that the Company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act and tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the Company’s ability to operate or to avoid a material penalty. These included health and safety.
Audit response to risks identified:
We identified recognition of revenue as a key audit matter related to the potential risk of fraud, our procedures to respond to risks identified included the following:
∙Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;
∙Enquiring of management concerning actual and potential litigation claims;
∙Performing various substantive tests of detail related to the recognition of revenue;
∙Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks
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RUBRIK UK LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF RUBRIK UK LIMITED (CONTINUED)
of material misstatement or fraud; and,
∙In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission, or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants
Statutory Auditors
10 Temple Back
BS1 6FL
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RUBRIK UK LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 JANUARY 2026
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RUBRIK UK LIMITED
REGISTERED NUMBER:11375501
STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2026
The financial statements were approved and authorised for issue by the board and were signed on its behalf on
The notes on pages 13 to 25 form part of these financial statements.
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RUBRIK UK LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JANUARY 2026
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Rubrik UK Limited (the "Company") is a private company limited by shares, incorporated and domiciled in England and Wales under the Companies Act 2006. The address of the registered office is given on the Company Information page at the beginning of these financial statements.
2.ACCOUNTING POLICIES
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d).
This information is included in the consolidated financial statements of Rubrik Inc as at 31 January 2026 and these financial statements may be obtained from United States Securities and Exchange Commission, Washington, D.C. 20549.
The Company made a profit before tax during the year of £1,353,248 (2025 - £16,009,301), with net current assets of £35,404,027 (2025 - £26,927,706) and net assets of £35,747,860 (2025 - £27,249,367).
Based on forecasts for the next twelve months, the Directors have concluded that the Company will be able to pay its debts as they fall due and possesses adequate resources to continue in operational existence for the foreseeable future. Furthermore, Rubrik, Inc., the ultimate parent undertaking, has undertaken to provide such financial assistance as is necessary for a period of at least twelve months from the date of approval of these financial statements to ensure that the Company is able to meet its liabilities as they fall due. On the basis of this review, the Directors deem it appropriate to prepare the financial statements on a going concern basis.
Turnover represents amounts receivable for services from its ultimate parent company and relates to services provided in the UK. Turnover is calculated based on a mark up of certain costs incurred by Rubrik UK Limited.
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
2.ACCOUNTING POLICIES (CONTINUED)
Functional and presentation currency
Transactions and balances
Interest income is recognised in the profit or loss using the effective interest method.
The fair value of the award also takes into account non-vesting conditions. These are either factors beyond the control of either party (such as a target based on an index) or factors which are within the control of one or other of the parties (such as the Company keeping the scheme open or the employee maintaining any contributions required by the scheme).
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
2.ACCOUNTING POLICIES (CONTINUED)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
2.ACCOUNTING POLICIES (CONTINUED)
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The whole turnover of £58,201,337 (2025 - £58,765,456) is attributable to amounts receivable for services from its ultimate parent company and relates to services provided in the UK. Turnover is calculated based on a mark up of certain costs incurred by Rubrik UK Limited.
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Page 17
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Page 18
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
9.TAXATION (CONTINUED)
There were no factors that may affect future tax charges.
Page 19
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Page 20
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Page 21
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Profit and loss account
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Page 23
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
17.SHARE-BASED PAYMENTS (CONTINUED)
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £612,401 (2025: £522,243). Contributions totalling £134,814 (2025: £105,740) were payable to the fund at the reporting date and are included in creditors.
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RUBRIK UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
The Company is a 100% subsidiary of Rubrik International Inc. The ultimate parent undertaking is Rubrik Inc. There is no ultimate controlling party.
Rubrik Inc. heads the smallest and largest groups in which the results of the Company are consolidated. The registered office of Rubrik Inc. is 3495 Deer Creek Road, Palo Alto, California, 94304.
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