Earnings ·
Rapid7 reports Q3 revenue of $212.4M, GAAP net income of $3.5M
RPDRapid7, Inc.
Rapid7 reported third-quarter 2026 total revenue of $212.4 million, a 2.5% decline year-over-year, with product subscription revenue at $206.1 million. Annualized recurring revenue (ARR) decreased 2.2% to $819.7 million. The company posted GAAP net income of $3.5 million, or $0.05 per diluted share, and non-GAAP net income of $47.4 million, or $0.60 per diluted share. Operating cash flow was $30.1 million, generating free cash flow of $26.5 million. The company provided Q4 2026 revenue guidance of $208 to $210 million and full-year ARR guidance reflecting a 3% year-over-year decline. Rapid7 operates in the cybersecurity industry, providing AI-powered managed detection and response (MDR) and exposure management solutions.