secwatch.observer — SEC 8-K summary
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Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2026-08-10T20:09:04+00:00
Accession:  0001560327-26-000043
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 Q2 revenue down 1.5% YoY to $210.9M; ARR slips 2%; cuts 12% staff
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- Q2 revenue $210.9M (-1.5% YoY); product revenue $205.1M; ARR $824.0M (-2.0% YoY).
- GAAP EPS $0.09; non-GAAP EPS $0.44; non-GAAP operating income $28.9M.
- Restructuring: ~12% workforce reduction, $10-11M charges expected in Q3/Q4 2026.
- Q3 guidance: revenue $208-210M, ARR ~$812M; FY revenue $837-841M, non-GAAP EPS $1.78-1.83.
- Cash and securities $702.6M; operating cash flow $37M; free cash flow $31.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000156032726000043/0001560327-26-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000156032726000043/rp-20260807.htm
  HTML page:      https://secwatch.observer/filing/0001560327-26-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer