Highest-materiality recent filing
Rapid7 appoints Wael Mohamed CEO; Corey Thomas becomes Executive Chairman; reaffirms 2026 guidance
Wael Mohamed becomes CEO effective June 1, 2026; Corey Thomas transitions to Executive Chairman.
Rapid7 Q1 revenue $210M (-0.3% YoY); ARR flat at $832M (-0.6%)
GAAP net income $1.1M ($0.02 diluted EPS); non-GAAP net income $26.6M ($0.36 diluted EPS).
Rapid7 Q4 ARR flat at $840M; FY2026 revenue guide declines 3-2%
Q4 revenue $217M (+1% YoY), product revenue $209M (+1% YoY), ARR $840M flat YoY.
Rapid7 Q3 revenue up 2% to $218M; appoints Rafe Brown as CFO
ARR of $838M (+2% YoY); total revenue $218M (+2%).
Rapid7 Q2 2025: ARR $841M (+3%), CFO Tim Adams to retire, search underway
ARR $841M (+3% YoY), total revenue $214M (+3%), product subscriptions $208M (+4%).
Rapid7 Q1 ARR $837M (+4% YoY); GAAP operating loss; slower start than anticipated
ARR $837M (+4% YoY), total revenue $210M (+3% YoY), product subscriptions revenue $204M (+4% YoY).
Rapid7 expands board to 11, appoints three directors, cooperates with JANA Partners
Board expands from 8 to 11; Wael Mohamed and Mike Burns appointed by April 15, Kevin Galligan within 45 business days upon JANA request.
Rapid7 Q4 2024 ARR $840M (+4% YoY); full-year revenue $844M (+9%), free cash flow $154M
Q4 product subscriptions revenue $206.3M (+6% YoY); total revenue $216.3M (+5% YoY).
Rapid7 Q3 2024 revenue $215M (+8% YoY), GAAP net income $16.6M vs loss; raises guidance
ARR of $823M, up 6% YoY; product subscriptions revenue $206M (+8% YoY).
Rapid7 Q2 ARR $816M (+9% YoY), revenue $208M (+9%); guides Q3 non-GAAP EPS $0.50-0.53
ARR $815.6M (+9% YoY), total revenue $208.0M (+9%); product subscriptions $200.1M (+10%).
Rapid7 Q1 ARR of $807M misses expectations; revenue up 12% to $205M
ARR of $807M (+11% YoY) below expectations due to slower migration to Cloud Risk Complete.
Rapid7 Q4 beats; ARR $806M (+13%); FY24 FCF guide ≥$160M
Q4 total revenue $205.3M (+11% YoY); GAAP net income $20M ($0.27 diluted) vs loss in Q4 2022.
Rapid7 Q3 ARR $777M (+14% YoY), revenue $199M (+13%); guides Q4 ARR $800M+
ARR $777M (+14% YoY); total revenue $199M (+13%); Products revenue $190M (+14%).
Rapid7 issues $260M 1.25% convertible notes due 2029; repurchases $184M of existing 2.25% notes
Issued $260M principal of 1.25% Convertible Senior Notes due March 15, 2029; initial conversion price ~$64.85 (32.5% premium).
Rapid7 Q2 beats guidance; plans 18% workforce reduction and $24-32M restructuring charges
Q2 total revenue $190M (+14% YoY); ARR $751M (+14%); non-GAAP operating income $13M beat guidance.
Rapid7 Q1 ARR $728M (+16% YoY); Non-GAAP op income turns positive at $11M
Total revenue $183M (+16% YoY); Products revenue $174M (+17% YoY).
Rapid7 Q4/FY22 revenue $685M (+28% YoY); guides FY23 FCF ~$80M, double prior year
ARR reached $714M, up 19% YoY; ARR per customer grew 12% to $65.4K.
Rapid7 Q3 revenue $176M (+26% YoY); raises FY non-GAAP op income guidance to $25-27M
ARR reached $684M, up 24% YoY; total ARR per customer grew 14% to $63,400.
Rapid7 Q2 ARR $658M, up 35% YoY; revenue $167M, up 32%; guides Q3 ARR $740-750M
ARR $658M (+35% YoY); total revenue $167M (+32%); products revenue $159M (+34%).
Rapid7 Q1 ARR $627M (+38% YoY); GAAP net loss $(0.78) per share
Total revenue $157M (+34% YoY); Products revenue $149M (+36%).
Rapid7 Q4 ARR up 38% YoY to $599M; full-year revenue up 30% to $535M
ARR of $599.0M, up 38% YoY; total customers 10,283, up 18% YoY.
Rapid7 Q3 2021 ARR $550M (+38% YoY); Revenue $139.9M (+33% YoY)
ARR reached $550.0M, up 38% year-over-year; Products revenue $131.1M, up 33%.
Rapid7 Q2 ARR $488.9M (+29% YoY); CFO Kalowski to retire in 2022
Q2 ARR of $488.9M, up 29% YoY; total revenue $126.4M, up 28% YoY.
Rapid7 acquires IntSights for ~$335M; Q2 ARR $489M, beats guidance
Acquired IntSights for approx $335M in cash and stock; enhances external threat detection.
the Board appointed Marc Brown, who previously served as Chairman of the Board, as Lead Independent Director, effective June 1, 2026.
On May 26, 2026, the Board of Directors (the “Board”) of Rapid7, Inc. (the “Company”) appointed Wael Mohamed as Chief Executive Officer of the Company, effective as of June 1, 2026.
the Board also appointed Mr. Thomas as Executive Chairman, effective as of June 1, 2026.
The effective date of appointment of Mr. Galligan is April 22, 2025.
The effective date of appointment of Messrs. Mohamed and Burns is April 15, 2025.
The effective date of appointment of Messrs. Mohamed and Burns is April 15, 2025.
On April 10, 2025, Ms. Luconi and the Company mutually agreed that her final date of employment will be May 2, 2025.
Effective March 21, 2025, the Board increased the size of the Board from eight (8) to eleven (11) directors and appointed each of Mr. Mohamed and Mr. Burns as directors, effective no later than April 15, 2025.
Effective March 21, 2025, the Board increased the size of the Board from eight (8) to eleven (11) directors and appointed each of Mr. Mohamed and Mr. Burns as directors, effective no later than April 15, 2025.
Additionally, the Board approved the appointment of Mr. Galligan as a director contingent upon receipt of a written request from JANA pursuant to the Cooperation Agreement, effective no later than 45 business days following March 21, 2025.
On January 30, 2025, Christina Luconi, Chief People Officer of Rapid7, Inc. (the “ Company ”), notified the Company of her resignation from her position.
On June 4, 2024, Andrew Burton, the President and Chief Operating Officer of Rapid7, Inc. (the “ Company ”), notified the Company of his resignation from his positions, effective June 30, 2024.
Max materiality 0.85 · Median 0.65 · Most common event earnings