OverviewSuggest Edit

Rapid7 is a company providing vulnerability risk management solutions. It offers Rapid Insight, a cloud platform that helps security teams reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate routine tasks. The company also provides security and product consulting, training, certification, support, and managed services. Rapid7 serves energy, financial services, government, education, retail, and healthcare industries.

TypePublic
Founded2000
HQBoston, US
Websiterapid7.com
Employee Ratings4.3
Culture scoreA

Latest Updates

Employees (est.) (Dec 2019)1,544(+24%)
Job Openings96
Revenue (FY, 2019)$326.9 M(+34%)
Share Price (May 2020)$48.9 (+3%)

Key People/Management at Rapid7

Corey E. Thomas

Corey E. Thomas

Chairman & Chief Executive Officer
Andrew Burton

Andrew Burton

President & Chief Operating Officer
Tas Giakouminakis

Tas Giakouminakis

Co-Founder & Chief Technology Officer
Lucian Lui

Lucian Lui

Chief Marketing Officer
Christina Luconi

Christina Luconi

Chief People Officer
Jeff Kalowski

Jeff Kalowski

Chief Financial Officer
Show more

Rapid7 Office Locations

Rapid7 has offices in Boston, Arlington, Austin, El Segundo and in 11 other locations
Boston, US (HQ)
120 Causeway St #400
Arlington, US
901 N Glebe Rd #400
Austin, US
401 Congress Ave #1900
El Segundo, US
777 Aviation Blvd #210
Melbourne, AU
level 6/607 Bourke St
Toronto, CA
1 Toronto St #700Toronto
Show all (15)

Rapid7 Financials and Metrics

Rapid7 Revenue

Embed Graph
View revenue for all periods
Rapid7's revenue was reported to be $326.95 m in FY, 2019 which is a 33.9% increase from the previous period.
USD

Revenue (Q1, 2020)

94.3m

Gross profit (Q1, 2020)

66.6m

Gross profit margin (Q1, 2020), %

70.6%

Net income (Q1, 2020)

(22.9m)

EBIT (Q1, 2020)

(19.8m)

Market capitalization (29-May-2020)

2.5b

Closing stock price (29-May-2020)

48.9

Cash (31-Mar-2020)

204.4m

EV

2.5b
Rapid7's current market capitalization is $2.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

200.9m244.1m326.9m

Revenue growth, %

28%21%34%

Cost of goods sold

56.9m71.1m91.1m

Gross profit

144.0m173.0m235.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

54.5m58.4m62.4m73.2m79.0m83.2m94.3m

Cost of goods sold

16.6m17.4m17.8m20.0m22.2m23.6m27.7m

Gross profit

37.9m41.0m44.6m53.2m56.8m59.5m66.6m

Gross profit Margin, %

70%70%71%73%72%72%71%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

51.6m99.6m123.4m

Accounts Receivable

73.7m74.9m87.9m

Current Assets

173.3m355.8m364.6m

PP&E

8.6m17.5m50.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

99.6m100.7m131.2m89.9m126.6m114.9m204.4m

Accounts Receivable

38.7m48.5m53.8m59.7m69.3m62.4m64.4m

Prepaid Expenses

19.6m

Current Assets

188.8m185.9m347.6m339.9m344.3m339.9m342.3m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(45.5m)(55.5m)(53.8m)

Depreciation and Amortization

7.6m11.1m16.5m

Accounts Payable

(2.3m)3.7m92.0k

Cash From Operating Activities

13.3m6.1m(1.4m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(16.4m)(30.7m)(42.5m)(11.7m)(25.1m)(39.5m)(22.9m)

Depreciation and Amortization

2.4m5.1m7.7m3.4m7.4m12.0m4.8m

Accounts Payable

3.2m2.4m565.0k66.0k2.2m1.1m4.0m

Cash From Operating Activities

7.3m(1.8m)(5.9m)(13.6m)(11.1m)(9.2m)(7.2m)
USDY, 2020

EV/EBIT

-127.8 x

EV/CFO

-351.1 x

Financial Leverage

8.3 x
Show all financial metrics

Rapid7 Operating Metrics

Rapid7's Customers was reported to be 9 k in FY, 2019.
Show all operating metrics

Rapid7 Acquisitions / Subsidiaries

Company NameDateDeal Size
NetFortApril 02, 2019
tCellOctober 15, 2018
KomandJuly 18, 2017$50 m
LogentriesOctober 13, 2015$68 m
NTObjectivesMay 04, 2015
MobilisafeOctober 09, 2012
MetasploitOctober 20, 2009
Komand Inc.
Rapid7 Australia Pty Ltd.
Rapid7 Canada, Inc.
Show more

Rapid7 Revenue Breakdown

Embed Graph

Rapid7 revenue breakdown by business segment: 11.9% from Term and Perpetual Software Licenses, 67.5% from Subscription, 8.9% from Professional Services, 11.2% from Maintenance and Support and 0.5% from Other

Rapid7 revenue breakdown by geographic segment: 81.0% from United States and 19.0% from Other

Rapid7 Online and Social Media Presence

Embed Graph

Rapid7 Company Culture

  • Overall Culture

    A

    81/100

  • CEO Rating

    A+

    89/100

  • Compensation

    A+

    89/100

  • Diversity

    A-

    79/100

Learn more on Comparably

Rapid7 News and Updates

Rapid7 Announces Pricing of $200 Million Convertible Senior Notes Offering

BOSTON, April 29, 2020 (GLOBE NEWSWIRE) -- Rapid7, Inc. (“Rapid7”) (Nasdaq: RPD) today announced the pricing of $200.0 million aggregate principal amount of 2.25% convertible senior notes due 2025 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant t…

Rapid7 acquires cloud infrastructure automation platform DivvyCloud for $145 million

Security data and analytics solutions provider Rapid7 announced its intent to acquire DivvyCloud for $145 million in cash and stock.

Rapid7 Announces Fourth Quarter and Full-Year 2019 Financial Results

BOSTON, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leading provider of security analytics and automation, today announced financial results for the fourth quarter and full-year 2019.

Rapid7 InsightIDR Available in AWS Marketplace

Leading cloud SIEM solution helps customers quickly detect threats across hybrid environments Leading cloud SIEM solution helps customers quickly detect threats across hybrid environments

Rapid7 Announces Third Quarter 2019 Financial Results

BOSTON, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leading provider of security analytics and automation, today announced its financial results for the third quarter of 2019.

Rapid7 Named a Leader in Vulnerability Risk Management Report from Leading Independent Research Firm

InsightVM, part of Rapid7’s Insight platform, receives highest possible scores in nine out of 14 criteria InsightVM, part of Rapid7’s Insight platform, receives highest possible scores in nine out of 14 criteria
Show more

Rapid7 Blogs

Dancing With the Breaches: A Quick Step Through the 2020 Verizon Data Breach Investigations Report (DBIR)

In this blog, the Rapid7 Labs team has you covered with our annual Reader’s Guide for the 2020 Verizon Data Breach Investigations Report.

Integrity Is Indispensable: Assessing Partnerships and Performance Metrics in a Crisis Response

On our third installment of Rapid7’s Remote Work Readiness Series, join us as we reflect on how to leverage partnerships to build trust and mitigate risk.

Rapid7’s InsightVM Receives Five Stars from SC Magazine

We’re proud to announce that Rapid7’s InsightVM solution was recently reviewed by SC Magazine and received a five-star report.

Moving Toward a Better Signature Metric in SOCs: Detection Efficacy

In this blog, we break-down the "Detection Efficacy" metric within the Security Operation Center (SOC).

How to Simplify InsightConnect Workflows Using Join Step

In this blog, we discuss how to simplify your InsightConnect workflows by using the Join Paths Step.

Patch Tuesday - May 2020

Microsoft's fifth Patch Tuesday of the year brings us fixes for 111 different security issues, just a touch under what we saw from them last month but still on the higher side of their typical volume. No 0-days to speak of, and no vulnerabilities that had been publicly disclosed before
Show more

Rapid7 Frequently Asked Questions

  • When was Rapid7 founded?

    Rapid7 was founded in 2000.

  • Who are Rapid7 key executives?

    Rapid7's key executives are Corey E. Thomas, Andrew Burton and Tas Giakouminakis.

  • How many employees does Rapid7 have?

    Rapid7 has 1,544 employees.

  • What is Rapid7 revenue?

    Latest Rapid7 annual revenue is $326.9 m.

  • What is Rapid7 revenue per employee?

    Latest Rapid7 revenue per employee is $211.8 k.

  • Who are Rapid7 competitors?

    Competitors of Rapid7 include Cybereason, Skybox Security and LogRhythm.

  • Where is Rapid7 headquarters?

    Rapid7 headquarters is located at 120 Causeway St #400, Boston.

  • Where are Rapid7 offices?

    Rapid7 has offices in Boston, Arlington, Austin, El Segundo and in 11 other locations.

  • How many offices does Rapid7 have?

    Rapid7 has 15 offices.