Every material Form 8-K Rapid7, Inc. has filed with the SEC since August 10, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Rapid7 reported third quarter 2026 results with total revenue of $212.4 million, down 2.5% year over year, and ARR of $819.7 million, down 2.2%. GAAP net income fell to $3.5 million, or $0.05 per diluted share, from $9.8 million a year earlier, while non-GAAP net income rose to $47.4 million, or $0.60 per diluted share, and the company set full-year 2026 revenue guidance of $841 million to $843 million.
Q3 2026 total revenue was $212.4 million, down 2.5% year over year; product revenue was $206.1 million, down 1.9%.
GAAP net income was $3.5 million, or $0.05 per diluted share, versus $9.8 million in the prior-year quarter; non-GAAP net income was $47.4 million, or $0.60 per diluted share.
Q3 restructuring expense was $10.0 million, and the company reported $30.1 million in operating cash flow and $26.5 million in free cash flow.
Full-year 2026 guidance calls for revenue of $841 million to $843 million, non-GAAP income from operations of $140 million to $142 million, and free cash flow of approximately $130 million.
Four Rapid7 directors resigned from the Board effective August 27, 2026, and the Board elected Maria Barrett and Julian Waits as directors effective September 1, 2026. Chief Experience Officer Julian Waits moves to a non-executive role and the company set a transition agreement under which he remains in a non-executive capacity until December 31, 2026.
Resigning directors: Michael Burns, Benjamin Holzman, Thomas Schodorf and Reeny Sondhi, effective August 27, 2026; the filing says the resignations were not due to any disagreement with the company.
Board appointed J. Benjamin Nye as Lead Independent Director effective August 27, 2026, succeeding Marc Brown; the Board fixed its size at nine.
Resigning directors received cash equal to Policy compensation through June 30, 2027, plus accelerated vesting of unvested director equity awards, as an exception to the director compensation policy.
Waits' transition agreement, dated August 30, 2026, provides a transition payment of six months of base salary and continued vesting of his equity awards, subject to a noncompetition covenant.
Rapid7 reported second-quarter 2026 total revenue of $210.9 million, down 1.5% from a year earlier, and annualized recurring revenue of $824.0 million, down 2.0%. GAAP net income was $6.1 million, or $0.09 per diluted share, versus $8.3 million, or $0.13, a year earlier. The board also approved a restructuring plan to cut about 12% of the workforce, with $10 million to $11 million in charges expected mostly in the third and fourth quarters of 2026, and the company guided to third-quarter and full-year revenue that is below the prior year.
Q2 2026 total revenue $210.9 million, down 1.5% year over year; GAAP income from operations $3.0 million versus $3.5 million a year earlier
Non-GAAP income from operations $28.9 million, down from $36.3 million; non-GAAP diluted EPS $0.44 versus $0.58
Restructuring plan approved August 7, 2026, reduces workforce by about 12%, with $10 million to $11 million in charges
Third-quarter 2026 revenue guidance $208 million to $210 million (down 5% to 4%); full-year 2026 revenue guidance $837 million to $841 million (down 3% to 2%)
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Rapid7, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →