Rapid7 is a leading provider of security data and analytics solutions that enable organizations to implement an active, analytics-driven approach to cyber security. The Company combines its extensive experience in security data and analytics and deep insight into attacker behaviors and techniques to make sense of the wealth of data available to organizations about their IT environments and users. Rapid7's solutions empower organizations to prevent attacks by providing visibility into vulnerabilities and to rapidly detect compromises, respond to breaches, and correct the underlying causes of attacks. 

Company Growth (employees)
Type
Public
HQ
Boston, US
Founded
2000
Size (employees)
662 (est)-12%
Website
rapid7.com
Rapid7 was founded in 2000 and is headquartered in Boston, US

Key People at Rapid7

Corey E. Thomas

Corey E. Thomas

President and CEO
Tas Giakouminakis

Tas Giakouminakis

Co-Founder and Chief Technical Officer
Lee Weiner

Lee Weiner

Senior Vice President of Products and Engineering
Christina Luconi

Christina Luconi

Chief People Officer

Rapid7 Office Locations

Rapid7 has offices in Boston, El Segundo, Austin, Toronto and in 18 other locations
Boston, US (HQ)
100 Summer Street
Bengaluru, IN
Concorde Towers
Hong Kong, HK
Taikoo Place Berkshire House 25 Westlands Rd
Yeongdong Daero, KR
511 Youngdong Daero
Paris, FR
5, Place De La Pyramide
Dublin, IE
Grand Canal Street Lower
Show all (20)

Rapid7 Data and Metrics

Rapid7 Financial Metrics

Rapid7's revenue was reported to be $45.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

45.2 m

Gross profit (Q1, 2017)

33 m

Gross profit margin (Q1, 2017), %

73%

Net income (Q1, 2017)

(10.5 m)

EBIT (Q1, 2017)

(10.5 m)

Market capitalization (21-Jul-2017)

715.1 m

Cash (31-Mar-2017)

50.7 m
Rapid7's current market capitalization is $715.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

60 m76.9 m110.5 m157.4 m

Revenue growth, %

28%44%42%

Cost of goods sold

29.2 m39.7 m

Gross profit

81.3 m117.7 m

Gross profit Margin, %

74%75%

Sales and marketing expense

67.4 m90.5 m

R&D expense

38.7 m48 m

General and administrative expense

21.7 m28.3 m

Operating expense total

127.8 m166.8 m

EBIT

(46.6 m)(49 m)

EBIT margin, %

(42%)(31%)

Interest expense

(2.5 m)131 k

Interest income

(2.5 m)131 k

Pre tax profit

(49.4 m)(49 m)

Income tax expense

170 k379 k496 k(27 k)

Net Income

(49.9 m)(49 m)
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

25.8 m28.3 m34.8 m37.3 m40.3 m45.2 m

Cost of goods sold

6.7 m7.1 m8.7 m9.3 m10 m12.3 m

Gross profit

19.1 m21.2 m26.1 m28 m30.3 m33 m

Gross profit Margin, %

74%75%75%75%75%73%

Sales and marketing expense

14.5 m16.3 m22.8 m21.7 m21.3 m24.8 m

R&D expense

8.1 m9.9 m12.3 m12.9 m11.6 m11.4 m

General and administrative expense

5 m5.5 m6.6 m6.6 m7.6 m7.2 m

Operating expense total

27.6 m31.7 m41.7 m41.3 m40.5 m43.5 m

EBIT

(8.6 m)(10.5 m)(15.6 m)(13.3 m)(10.2 m)(10.5 m)

EBIT margin, %

(33%)(37%)(45%)(36%)(25%)(23%)

Interest expense

(737 k)(1.1 m)(15 k)26 k44 k169 k

Interest income

(737 k)(1.1 m)(15 k)26 k44 k169 k

Pre tax profit

(9.1 m)(11.6 m)(15.4 m)(13.3 m)(10.1 m)(10.4 m)

Income tax expense

97 k211 k142 k149 k70 k129 k

Net Income

(16.9 m)(28.8 m)(15.6 m)(29 m)(39.2 m)(10.5 m)
USDFY, 2015FY, 2016

Cash

86.6 m53.1 m

Inventories

6.1 m9.2 m

Current Assets

136.9 m130.2 m

PP&E

7.5 m8.1 m

Goodwill

74.6 m75.1 m

Total Assets

230.6 m243.3 m

Accounts Payable

2 m4 m

Current Liabilities

115.8 m145.6 m

Total Liabilities

201.3 m

Additional Paid-in Capital

411.5 m435.4 m

Retained Earnings

(340.3 m)(389.3 m)

Total Equity

68.1 m42 m

Financial Leverage

3.4 x5.8 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

27 m124 m83.5 m84.8 m87.7 m50.7 m

Current Assets

59.7 m160.1 m119.9 m130.6 m132.7 m120.7 m

PP&E

7.6 m7.4 m7.6 m7.4 m8 m8 m

Goodwill

15.8 m15.8 m74.9 m75 m75.1 m75.1 m

Total Assets

86.5 m186.5 m213.8 m223.9 m226 m229.8 m

Accounts Payable

3 m2.9 m1.7 m4.2 m2.7 m3.5 m

Current Liabilities

86.8 m94 m106.9 m124.4 m130.9 m137.6 m

Additional Paid-in Capital

373 m374.8 m419.6 m424.2 m430.9 m441.9 m

Retained Earnings

(293.2 m)(319.2 m)(355.9 m)(369.4 m)(379.6 m)(400 m)

Total Equity

(296.6 m)52.5 m60.6 m51.1 m47.6 m37.9 m

Financial Leverage

-0.3 x3.6 x3.5 x4.4 x4.7 x6.1 x
USDFY, 2015FY, 2016

Net Income

(49.9 m)(49 m)

Depreciation and Amortization

5.4 m6.7 m

Accounts Receivable

(8.3 m)

Inventories

(13.8 m)

Accounts Payable

(2.3 m)1.6 m

Cash From Operating Activities

49.7 m9.1 m

Purchases of PP&E

(4.1 m)(4.5 m)

Cash From Investing Activities

(42.9 m)(43.5 m)

Cash From Financing Activities

94.8 m1.2 m

Interest Paid

1.4 m5 k

Income Taxes Paid

341 k556 k
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(16.9 m)(28.8 m)(15.6 m)(29 m)(39.2 m)(10.5 m)

Depreciation and Amortization

2.4 m3.7 m1.7 m3.4 m5.3 m1.6 m

Accounts Receivable

(840 k)(6.6 m)4.9 m5.1 m15.2 m

Accounts Payable

(1.4 m)(1.6 m)(500 k)1.9 m549 k(244 k)

Cash From Operating Activities

(4.3 m)(2 m)(1.6 m)271 k2.1 m3.3 m

Purchases of PP&E

(1.2 m)(2.8 m)(1.1 m)(1.8 m)(3.3 m)(1.3 m)

Cash From Investing Activities

(4.5 m)(6.2 m)(1.1 m)(1.8 m)(3.3 m)(7.8 m)

Cash From Financing Activities

(944 k)95.5 m(512 k)(301 k)2.3 m2.1 m

Interest Paid

1.1 m1.4 m1 k1 k1 k

Income Taxes Paid

91 k294 k274 k334 k480 k65 k
USDY, 2017

Revenue/Employee

59.8 k

Financial Leverage

6.1 x

Rapid7 Operating Metrics

Rapid7's Customers was reported to be 6.4 k in Q1, 2017
Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Customers

3.1 k3.35 k3.73 k3.9 k4.16 k4.42 k5.13 k5.36 k5.63 k5.87 k6.21 k6.35 k

Calculated Billings

$36.34 m$43.83 m

Rapid7 Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
KomandJuly 18, 2017$50 m

Rapid7 Market Value History

Rapid7 Revenue Breakdown

Rapid7 Job Categories

Rapid7 Median Salaries

Source: 25 public H-1B filings from Rapid7

Rapid7 Online and Social Media Presence

Rapid7 News and Updates

Rapid7 Company Life and Culture

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