secwatch / observer
8-K filed May 9, 2023, 7:59 PM ET ticker RPD CIK 0001560327
earnings confidence high sentiment positive materiality 0.70

Rapid7 Q1 ARR $728M (+16% YoY); Non-GAAP op income turns positive at $11M

Rapid7, Inc.

2023-Q1 EPS reported -$0.43 revenue$183,174,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Rapid7, Inc. reported the fiscal quarter ended March 31, 2023 results: revenue $ 183,174, net income $ (25,915), EPS $ (0.43). Guidance raised.

Period
the fiscal quarter ended March 31, 2023
Revenue
$ 183,174
Net income
$ (25,915)
EPS
$ (0.43)
Guidance
raised
Result
reported results
Exact text from the filing
First Quarter 2023 Financial Results and Other Metrics Three Months Ended March 31, 2023 2022 % Change (dollars in thousands) Annualized recurring revenue $ 727,853 $ 627,122 16 % Number of customers 11,034 10,407 6 % ARR per customer $ 66.0 $ 60.3 9 % rapid7.com Three Months Ended March 31, 2023 2022 % Change (in thousands, except per share data) Products revenue $ 173,772 $ 149,025 17 % Professional services revenue 9,402 8,359 12 % Total revenue $ 183,174 $ 157,384 16 % North America revenue $ 143,880 $ 124,934 15 % Rest of world revenue 39,294 32,450 21 % Total revenue $ 183,174 $ 157,384 16 % GAAP gross profit $ 127,175 $ 106,095 GAAP gross margin 69 % 67 % Non-GAAP gross profit $ 134,387 $ 113,029 Non-GAAP gross margin 73 % 72 % GAAP loss from operations $ (23,965) $ (40,379) GAAP operating margin (13) % (26) % Non-GAAP income from operations $ 10,993 $ (5,619) Non-GAAP operating margin 6 % (4 %) GAAP net loss $ (25,915) $ (44,999) GAAP net loss per share,
View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

Rapid7, Inc. filing history →

Source: SEC EDGAR
accession 0001560327-23-000024
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.