Pics vs Rubrik
Pics is the larger business, with $1.84bn of revenue in fiscal 2025 against $1.32bn for Rubrik (1.4 times as much). Pics grew faster (77.3% against 48.5%). Pics kept more of each dollar of sales as profit: a net margin of -10.6% against -26.5%.
| Latest fiscal year | PicsPICS, 2025 | RubrikRBRK, 2026 |
|---|---|---|
| Revenue | $1.84bn | $1.32bn |
| Revenue growth | 77.3% | 48.5% |
| Net income | −$196m | −$349m |
| Operating margin | 0.4% | -26.2% |
| Net margin | -10.6% | -26.5% |
| Return on equity | -39.3% | — |
| Free cash flow | −$682m | $253m |
| Cash | $705m | $380m |
| Total debt | $0 | $1.13bn |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 3,797 |
| Market value | $1.34bn | $23.96bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 11 buys, 0 sales | 1 buys, 212 sales |