{"schema_version":"secwatch.filing_event.v1","accession":"0001560327-23-000024","form_type":"8-K","ticker":"RPD","cik":"0001560327","company_name":"Rapid7, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.388735+00:00","generated_at":"2026-06-15T09:02:33.051041+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Rapid7 Q1 ARR $728M (+16% YoY); Non-GAAP op income turns positive at $11M","bullets":["Total revenue $183M (+16% YoY); Products revenue $174M (+17% YoY).","GAAP net loss $25.9M ($0.43 loss per share); Non-GAAP net income $10M ($0.16 diluted EPS).","Customers surpassed 11,000; ARR per customer grew 9% YoY to $66K.","Q2 2023 guidance: ARR $815-825M; FY 2023 non-GAAP op income raised to $59-63M.","Acquired Minerva Labs to extend managed threat detection with ransomware prevention."],"urls":{"canonical":"https://secwatch.observer/filing/0001560327-23-000024","json":"https://secwatch.observer/filing/0001560327-23-000024.json","markdown":"https://secwatch.observer/filing/0001560327-23-000024.md","text":"https://secwatch.observer/filing/0001560327-23-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560327/000156032723000024/0001560327-23-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560327/000156032723000024/rp-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:02:33.051041+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d7a2963572b1671b40bf8344ae890de6a1388db8","claim":"Rapid7, Inc. reported the fiscal quarter ended March 31, 2023 results: revenue $ 183,174, net income $ (25,915), EPS $ (0.43). Guidance raised.","evidence_excerpt":"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,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560327/000156032723000024/0001560327-23-000024-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2023"},{"label":"Revenue","value":"$ 183,174"},{"label":"Net income","value":"$ (25,915)"},{"label":"EPS","value":"$ (0.43)"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}