Rapid7 (RPD) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 06, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.35

Last Year’s EPS

0.58

Same Quarter Last Year

Analyst Consensus

Hold

Based on 23 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 05, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presents a mixed but constructive picture: Rapid7 reported a large ARR base with clear strength in its core DNR business (7% ARR growth) and beat profitability and cashflow guidance, while investing to capture AI-driven opportunities (acquisition and product releases). Offsetting these positives are near-term headwinds from declining standalone non-platform products, modest overall revenue declines, gross margin pressure from SOC staffing, and incomplete integration/upgrade cycles for exposure management. Management communicated confidence in margin expansion and a focused platform strategy, but several recovery and integration items remain to be proven out across the rest of 2026.

Company Guidance

Rapid7 guided Q2 ending ARR of approximately $820M, Q2 revenue of $207–209M (≈ -2.9% YoY at the midpoint), non‑GAAP operating income of $24–26M (≈12% margin at the midpoint) and non‑GAAP EPS of $0.33–0.36 on ~78.3M fully diluted shares, noting core platform (DNR + exposure) ARR is expected to be roughly flat sequentially while non‑core standalone ARR declines. For full‑year FY26 the company raised its outlook to revenue of $836–842M (≈ -2.4% YoY at the midpoint), non‑GAAP operating income $112–118M (≈13.7% operating margin at the midpoint), non‑GAAP EPS $1.52–1.60 on ~79.4M diluted shares, and free cash flow of $125–135M (flat YoY at the midpoint) implying ~15.5% FCF margin. For context, Q1 outperformed guidance with ARR $832M, revenue $209.7M, non‑GAAP operating income $24.4M (11.7% margin), non‑GAAP EPS $0.36, FCF $33.4M, cash & short‑term investments of $670M, a $200M undrawn revolver, >11,500 customers and average ARR per customer of ≈$72k.

Large ARR Base with Modest Core Growth

Total ARR of $832 million at quarter end; core platform solutions (detection & response and exposure management) now represent >80% of ARR and grew ~2% year-over-year, with detection & response (DNR) comprising ~55% of ARR and growing ~7% year-over-year.

Revenue and Product Stability

Total revenue of $209.7 million (reported as $210M) with product revenue of $204 million (flat year-over-year); services revenue declined slightly, but overall revenue was only down ~0.3% year-over-year.

Profitability and Cash Generation Beat Guidance

Non-GAAP operating income of $24.4 million (11.7% margin) exceeded guidance; non-GAAP EPS of $0.36; free cash flow of $33.4 million in Q1; full-year free cash flow guidance raised to $125–$135 million (flat with prior year at midpoint).

Strong Balance Sheet and Liquidity

Cash, cash equivalents, and short-term investments of $670 million plus a $200 million undrawn revolver, providing liquidity to address the March 2027 convertible debt maturity and ongoing operations.

Strategic AI/Platform Investments and Acquisition

Acquisition of Kensile Security (referred to as Kenzo/Kinzo) to accelerate the AI SOC vision and autonomous investigation/remediation; management highlighted this as a direct accelerant to MDR efficiency and margin expansion.

Product Innovation — Exposure Command Enhancements

Released two major Exposure Command capabilities: runtime validation for cloud environments and data security posture management (DSPM), which aim to surface exploitable exposures and prioritize remediation more effectively.

Notable Enterprise Customer Wins

Multiple large customer deals in the quarter: one Fortune 500 seven-figure ARR MDR deal, a Fortune 500 mining seven-figure MDR deal, a Fortune 500 aviation manufacturer six-figure global Exposure Command expansion, and a leading health services provider large six-figure MDR deal — indicating enterprise traction.

Improving Commercial Execution and Sales Productivity

Go-to-market changes implemented earlier in the year are beginning to show productivity improvements; management cites improved pipeline focus and stronger execution under the new commercial leadership.

Rapid7 (RPD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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RPD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2026	2026 (Q2)	0.35 / -	0.58	―	―	―
May 05, 2026	2026 (Q1)	0.30 / 0.36	0.49	-26.53% (-0.13)
Feb 10, 2026	2025 (Q4)	0.41 / 0.44	0.48	-8.33% (-0.04)
Nov 04, 2025	2025 (Q3)	0.47 / 0.57	0.66	-13.64% (-0.09)
Aug 07, 2025	2025 (Q2)	0.44 / 0.58	0.58	0.00% (0.00)
May 12, 2025	2025 (Q1)	0.34 / 0.49	0.55	-10.91% (-0.06)
Feb 12, 2025	2024 (Q4)	0.50 / 0.48	0.72	-33.33% (-0.24)
Nov 06, 2024	2024 (Q3)	0.52 / 0.66	0.5	32.00% (+0.16)
Aug 06, 2024	2024 (Q2)	0.53 / 0.58	0.18	222.22% (+0.40)
May 07, 2024	2024 (Q1)	0.54 / 0.55	0.16	243.75% (+0.39)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RPD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 05, 2026	$6.68	$6.57	-1.65%
Feb 10, 2026	$10.39	$7.38	-28.97%
Nov 04, 2025	$17.80	$14.25	-19.94%
Aug 07, 2025	$19.82	$17.88	-9.81%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.