AI brief of an SEC Form 8-K · Rapid7, Inc. (RPD)

Rapid7 Q3 revenue falls 2.5% to $212.4 million; GAAP net income $3.5 million

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyRapid7, Inc. (RPD)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:08 PM ET
Accession number0001560327-26-000049

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.

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.