RPD
Rapid7, Inc.15.71
+0.01+0.06%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A clarifies MDR unlock, ARR caution
Q&A largely reaffirmed prepared remarks, clarifying why FY ARR guidance was withheld amid sales and leadership transitions—opting for quarterly visibility instead. Corey detailed MDR/DNR growth gated by services capacity in mid-to-large enterprises (1,000-20,000 employees), with unlocks expected this year alongside exposure upgrades showing Q4 traction but not yet baked in. Analysts probed Q1 ARR decline and churn; management framed it as DNR not offsetting legacy VM pressures, emphasizing disciplined margins over aggressive expansion. Partnerships like Microsoft expand consolidation plays. Watch mid-year DNR momentum. Sales execution must deliver.
Key Stats
Market Cap
1.03BP/E (TTM)
44.89Basic EPS (TTM)
0.35Dividend Yield
0%Recent Filings
10-K
FY2025 results
Rapid7 grew revenue 1.9% to $859.8M in FY2025 ended December 31, 2025, with product subscriptions up 2.8% to $831.3M on renewals and upsells, yet new customer adds slowed. Q4 drove the gains amid decelerating growth, delivering net income of $23.4M—down slightly from $25.5M in 2024—while non-GAAP operating income fell to $135.7M (15.8% margin). Free cash flow held strong at $130.1M. Debt stands at $900M across 2027/2029 notes; $200M revolver available. Quarterly results vary, risking stock volatility.
8-K
Rapid7 Q4 results, director exit
Rapid7 posted Q4 revenue of $217M, up 1% year-over-year, with ARR flat at $840M and full-year revenue up 2% to $860M. Free cash flow hit $130M for the year. Board director Michael Berry steps down at the 2026 annual meeting after 13 years, no disagreements noted. Q1 ARR guidance signals 1% decline; innovation drives ahead.
10-Q
Q3 FY2025 results
Rapid7's 10-Q filing for the quarter ended September 30, 2025, provides only cover page details without financial statements, MD&A, or notes. No revenue, profitability, EPS, cash flow, debt, or segment figures are disclosed in the provided excerpt. Non-GAAP metrics not disclosed in the 10-Q. Balance sheet and operations data absent. Liquidity and M&A details unavailable. Competition remains a key risk from Risk Factors.
8-K
Q3 results; new CFO named
Rapid7 reported Q3 ARR of $838M, up 2% year-over-year, with total revenue at $218M and non-GAAP operating income of $37M. Board appointed Rafe Brown as CFO effective December 1, succeeding retiring Tim Adams, with $450K base, $250K sign-on, and up to $15M in equity. Smooth transition planned. Guidance sees flat Q4 ARR.
10-Q
Q2 FY2025 results
The provided 10-Q filing for Rapid7, Inc. contains no financial statements or results of operations, so revenue, profitability, or liquidity metrics are not disclosed. Instead, it details a Non-Employee Director Compensation Policy effective June 11, 2025, offering $35,000 annual cash retainers to board members, with extras for roles like $53,000 for the Chairman and $20,000 for Audit Committee chairs. New directors get $400,000 in initial RSUs vesting over three years; continuing ones receive $200,000 annually, vesting at the next stockholder meeting. Directors can opt for RSUs in place of cash, vesting quarterly. No M&A, debt, or regulatory details appear. Competition in cybersecurity remains a key risk.
IPO
Website
Employees
Sector
Industry
CHKP
Check Point Software Technologi
188.19+0.90
CRWD
CrowdStrike Holdings, Inc.
488.53+1.06
CYBR
CyberArk Software Ltd.
451.63+2.78
FTNT
Fortinet, Inc.
82.47+0.95
NTSK
Netskope, Inc.
20.04+0.99
PANW
Palo Alto Networks, Inc.
187.09+1.21
QLYS
Qualys, Inc.
143.57-1.33
RDWR
Radware Ltd.
23.43-0.33
TENB
Tenable Holdings, Inc.
24.67-0.08
ZS
Zscaler, Inc.
232.78+2.47