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, MA, US
Websiterapid7.com
Employee Ratings4.4
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)1,544(+24%)
Job Openings270
Revenue (FY, 2020)$411.5 M(+26%)
Share Price (Sept 2021)$121.8
Cybersecurity ratingAMore

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
Christina Luconi

Christina Luconi

Chief People Officer
Peter Kaes

Peter Kaes

General Counsel & Secretary
Jeff Kalowski

Jeff Kalowski

Chief Financial Officer
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Rapid7 Office Locations

Rapid7 has offices in Boston, Arlington, Austin, El Segundo and in 9 other locations
Boston, MA, US (HQ)
120 Causeway St #400
Arlington, VA, US
901 N Glebe Rd #400
Austin, TX, US
401 Congress Ave #1900
El Segundo, CA, US
777 Aviation Blvd #210
Melbourne, AU
level 6/607 Bourke St
Toronto, CA
1 Toronto St #700Toronto
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Rapid7 Financials and Metrics

Rapid7 Revenue

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Rapid7's revenue was reported to be $411.49 m in FY, 2020
USD

Revenue (Q1, 2021)

117.5m

Gross profit (Q1, 2021)

81.2m

Gross profit margin (Q1, 2021), %

69.1%

Net income (Q1, 2021)

(29.8m)

EBIT (Q1, 2021)

(23.1m)

Market capitalization (15-Sept-2021)

6.8b

Closing stock price (15-Sept-2021)

121.8

Cash (31-Mar-2021)

503.8m

EV

7.2b
Rapid7's current market capitalization is $6.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

200.9m244.1m326.9m411.5m

Revenue growth, %

28%21%34%

Cost of goods sold

56.9m71.1m91.1m121.5m

Gross profit

144.0m173.0m235.8m290.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

54.5m58.4m62.4m73.2m79.0m83.2m94.3m92.4m98.6m117.5m

Cost of goods sold

16.6m17.4m17.8m20.0m22.2m23.6m27.7m23.1m25.2m36.3m

Gross profit

37.9m41.0m44.6m53.2m56.8m59.5m66.6m69.3m73.4m81.2m

Gross profit Margin, %

70%70%71%73%72%72%71%75%74%69%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

51.6m99.6m123.4m173.6m

Accounts Receivable

73.7m74.9m87.9m111.6m

Prepaid Expenses

27.8m

Current Assets

173.3m355.8m364.6m473.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

99.6m100.7m131.2m89.9m126.6m114.9m204.4m279.3m239.4m503.8m

Accounts Receivable

38.7m48.5m53.8m59.7m69.3m62.4m64.4m76.8m73.6m76.7m

Prepaid Expenses

19.6m20.7m20.5m28.9m

Current Assets

188.8m185.9m347.6m339.9m344.3m339.9m342.3m431.6m434.0m734.1m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(45.5m)(55.5m)(53.8m)(98.8m)

Depreciation and Amortization

7.6m11.1m16.5m22.6m

Accounts Payable

(2.3m)3.7m92.0k(2.4m)

Cash From Operating Activities

13.3m6.1m(1.4m)4.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(16.4m)(30.7m)(42.5m)(11.7m)(25.1m)(39.5m)(22.9m)(44.4m)(69.9m)(29.8m)

Depreciation and Amortization

2.4m5.1m7.7m3.4m7.4m12.0m4.8m10.4m16.3m6.7m

Accounts Payable

3.2m2.4m565.0k66.0k2.2m1.1m4.0m137.0k1.9m550.0k

Cash From Operating Activities

7.3m(1.8m)(5.9m)(13.6m)(11.1m)(9.2m)(7.2m)(6.8m)4.3m20.6m
USDFY, 2017

Revenue/Employee

186.2k

Financial Leverage

11.8 x
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Rapid7 Operating Metrics

Rapid7's Customers was reported to be 9 k in FY, 2019.
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Rapid7 Acquisitions / Subsidiaries

Company NameDateDeal Size
AlcideFebruary 01, 2021$50 m
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.
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Rapid7 Revenue Breakdown

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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 Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Rapid7 Online and Social Media Presence

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Rapid7 Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    94/100

  • Compensation

    A+

    89/100

  • Diversity

    A

    84/100

Learn more on Comparably

Rapid7 News and Updates

Rapid7 acquires threat intelligence and remediation startup IntSights for $335M

Rapid7 Inc. announced today that it has acquired IntSights Cyber Intelligence Ltd., a threat intelligence and remediation startup, for $335 million in a cash and stock deal. Founded in 2015, IntSights offers an external threat intelligence and protection platform designed to neutralize threats. Abl…

Rapid7 acquires threat intelligence platform IntSights for $335M

Rapid7 announced it has acquired threat intelligence platform IntSights for $335 million in cash and stock.

Rapid7 Acquires Threat Intelligence Leader IntSights and Provides Strong Preliminary Second Quarter 2021 Financial Results

IntSights delivers best-in-class, cloud-native external threat detection to further extend Rapid7’s industry-leading security operations platform, providing customers with end-to-end external and internal threat detection, automation and remediation

Rapid7 Launches InsightCloudSec to Automate Continuous Security and Compliance for Complex Cloud Environments

New cloud-native security solution is the first to fully integrate cloud security posture management, infrastructure entitlements management, infrastructure-as-code, and cloud workload protection New cloud-native security solution is the first to fully integrate cloud security posture management, in…

Rapid7 suffers Codecov-related software supply chain breach

Cybersecurity firm Rapid7 Inc. has been the victim of a software supply chain breach due to its use of software from auditing company Codecov LLC. The breach involved the compromise of customer data and partial source code that was obtained by an attacker who accessed the Codecov Bash uploader scri…

Rapid7 bolsters open source security with Velociraptor acquisition

Rapid7 announced that it has acquired Velociraptor, an open source platform focused on endpoint monitoring.
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Rapid7 Blogs

Ransomware: Is Critical Infrastructure in the Clear?

Is critical infrastructure in the clear, is it a specific target of ransomware attackers, or is it simply on the same footing as any other organization?

Easier URI Targeting With Metasploit Framework

Streamline your Metasploit with Metasploit 6.1.4's new support for RHOST URI values

Rapid7 Technical Support: Building a Career Path With Endless Possibilities

We talked with a few of our Technical Support Engineers to hear about why they chose to join Rapid7 and their career growth so far.

Critical vCenter Server File Upload Vulnerability (CVE-2021-22005)

On Tuesday, September 21, 2021, VMware published details on a critical file upload vulnerability in vCenter Server.

Rapid7 Statement on the New Standard Contractual Clauses for International Transfers of Personal Data

Rapid7 is committed to upholding high standards of privacy and security for our customers, and we are pleased to be able to offer the New SCCs.

Login Authentication Goes Automated With New InsightAppSec Improvements

With our new automated login for InsightAppSec, even the most complex, modern applications can be accessed and scanned quickly and easily. Learn more.
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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 $411.5 m.

  • What is Rapid7 revenue per employee?

    Latest Rapid7 revenue per employee is $266.5 k.

  • Who are Rapid7 competitors?

    Competitors of Rapid7 include Sumo Logic, Trustwave and Cybereason.

  • 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 9 other locations.

  • How many offices does Rapid7 have?

    Rapid7 has 13 offices.