Rapid7 market cap is $4.5 b, and annual revenue was $326.95 m in FY 2019

Rapid7 Gross profit (Q3, 2020)73.4 M

Rapid7 Gross profit margin (Q3, 2020), %74.4%

Rapid7 Cash, 30-Sept-2020239.4 M

Rapid7 EV4.7 B

Rapid7 revenue was $326.95 m in FY, 2019 which is a 33.9% year over year increase from the previous period.

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

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 200.9m | 244.1m | 326.9m |

| 28% | 21% | 34% |

## Cost of goods sold | 56.9m | 71.1m | 91.1m |

## Gross profit | 144.0m | 173.0m | 235.8m |

| 72% | 71% | 72% |

## Sales and marketing expense | 111.6m | 123.3m | 157.7m |

## R&D expense | 50.9m | 67.7m | 79.4m |

## General and administrative expense | 30.3m | 35.0m | 44.7m |

## Operating expense total | 192.8m | 226.0m | 281.8m |

## EBIT | (48.8m) | (53.0m) | (46.0m) |

| (24%) | (22%) | (14%) |

## Interest expense | 4.9m | 13.4m | |

## Interest income | 775.0k | 3.2m | 6.0m |

## Pre tax profit | (47.7m) | (55.1m) | (53.8m) |

## Income tax expense | (2.2m) | 466.0k | 42.0k |

## Net Income | (45.5m) | (55.5m) | (53.8m) |

## EPS | (1.1) | (1.2) | (1.1) |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 54.5m | 58.4m | 62.4m | 73.2m | 79.0m | 83.2m | 94.3m | 92.4m | 98.6m |

## Cost of goods sold | 16.6m | 17.4m | 17.8m | 20.0m | 22.2m | 23.6m | 27.7m | 23.1m | 25.2m |

## Gross profit | 37.9m | 41.0m | 44.6m | 53.2m | 56.8m | 59.5m | 66.6m | 69.3m | 73.4m |

| 70% | 70% | 71% | 73% | 72% | 72% | 71% | 75% | 74% |

## Sales and marketing expense | 29.1m | 31.2m | 30.6m | 35.1m | 38.2m | 39.9m | 48.1m | ||

## R&D expense | 16.7m | 16.1m | 17.1m | 17.9m | 19.6m | 20.2m | 24.2m | ||

## General and administrative expense | 8.7m | 8.1m | 8.2m | 10.0m | 11.2m | 11.2m | 14.1m | ||

## Operating expense total | 54.5m | 55.4m | 55.9m | 63.0m | 69.0m | 71.3m | 86.4m | ||

## EBIT | (16.6m) | (14.3m) | (11.3m) | (9.7m) | (12.2m) | (11.8m) | (19.8m) | ||

| (30%) | (25%) | (18%) | (13%) | (15%) | (14%) | (21%) | ||

## Interest expense | 1.7m | 3.2m | 3.3m | 3.4m | |||||

## Interest income | 241.0k | 464.0k | 813.0k | 1.7m | 1.6m | 1.4m | 1.0m | ||

## Pre tax profit | (16.3m) | (14.2m) | (12.0m) | (11.4m) | (13.9m) | (14.2m) | (22.7m) | ||

## Income tax expense | 95.0k | 131.0k | (155.0k) | 225.0k | (519.0k) | 207.0k | 243.0k | ||

## Net Income | (16.4m) | (14.3m) | (11.8m) | (11.7m) | (13.4m) | (14.4m) | (22.9m) |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 51.6m | 99.6m | 123.4m |

## Accounts Receivable | 73.7m | 74.9m | 87.9m |

## Current Assets | 173.3m | 355.8m | 364.6m |

## PP&E | 8.6m | 17.5m | 50.7m |

## Goodwill | 83.2m | 88.4m | 97.9m |

## Total Assets | 284.1m | 559.4m | 664.9m |

## Accounts Payable | 2.2m | 7.0m | 6.8m |

## Short-term debt | 7.2m | ||

## Current Liabilities | 189.5m | 235.0m | 286.7m |

## Long-term debt | 174.7m | 257.5m | |

## Non-Current Liabilities | 70.5m | 237.1m | 295.1m |

## Total Debt | 174.7m | 264.7m | |

## Total Liabilities | 260.0m | 472.1m | 581.7m |

## Common Stock | 441.0k | 476.0k | 499.0k |

## Additional Paid-in Capital | 463.4m | 556.2m | 605.7m |

## Retained Earnings | (434.9m) | (464.6m) | (518.4m) |

## Total Equity | 24.2m | 87.3m | 83.2m |

## Debt to Equity Ratio | 2 x | 3.2 x | |

## Debt to Assets Ratio | 0.3 x | 0.4 x | |

## Financial Leverage | 11.8 x | 6.4 x | 8 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | (45.5m) | (55.5m) | (53.8m) |

## Depreciation and Amortization | 7.6m | 11.1m | 16.5m |

## Accounts Receivable | (25.2m) | (1.7m) | (14.8m) |

## Accounts Payable | (2.3m) | 3.7m | 92.0k |

## Cash From Operating Activities | 13.3m | 6.1m | (1.4m) |

## Purchases of PP&E | (4.8m) | (12.8m) | (29.4m) |

## Cash From Investing Activities | (22.4m) | (193.7m) | 16.8m |

## Cash From Financing Activities | 7.3m | 236.2m | 8.8m |

## Net Change in Cash | (1.6m) | 47.8m | 23.8m |

## Interest Paid | 2.8m | ||

## Income Taxes Paid | 801.0k | 188.0k | 400.0k |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (16.4m) | (30.7m) | (42.5m) | (11.7m) | (25.1m) | (39.5m) | (22.9m) | (44.4m) | (69.9m) |

## Depreciation and Amortization | 2.4m | 5.1m | 7.7m | 3.4m | 7.4m | 12.0m | 4.8m | 10.4m | 16.3m |

## Accounts Receivable | 34.7m | 24.6m | 19.3m | 14.7m | 4.5m | 10.9m | 22.6m | 10.8m | 13.2m |

## Accounts Payable | 3.2m | 2.4m | 565.0k | 66.0k | 2.2m | 1.1m | 4.0m | 137.0k | 1.9m |

## Cash From Operating Activities | 7.3m | (1.8m) | (5.9m) | (13.6m) | (11.1m) | (9.2m) | (7.2m) | (6.8m) | 4.3m |

## Purchases of PP&E | (2.1m) | (5.6m) | (8.4m) | (8.5m) | (17.7m) | (27.1m) | (2.8m) | (4.0m) | (7.1m) |

## Cash From Investing Activities | 6.8m | 15.4m | (150.3m) | (355.0k) | 32.4m | 16.7m | 85.4m | (35.3m) | (90.5m) |

## Cash From Financing Activities | 34.4m | 36.2m | 236.0m | 4.4m | 5.9m | 8.5m | 3.4m | 199.6m | 202.3m |

## Net Change in Cash | 48.4m | 49.5m | 79.4m | (9.7m) | 27.0m | 15.4m | 81.0m | 157.2m | 116.3m |

## Interest Paid | 1.3m | 1.3m | 2.8m | 1.4m | 1.4m | 2.9m | |||

## Income Taxes Paid | 53.0k | 315.0k | 389.0k | 88.0k | 319.0k | 404.0k | 33.0k | 135.0k | 333.0k |

USD | FY, 2017 |
---|---|

## Revenue/Employee | 186.2k |

## Financial Leverage | 11.8 x |

## P/E Ratio | (17.6) |

Rapid7's Customers was reported to be 9 k in FY, 2019. Rapid7's Active Users was reported to be 700 k in FY, 2017.

Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Customers | 3.10 k | 3.35 k | 3.73 k | 3.90 k | 4.16 k | 4.42 k | 5.13 k | 5.36 k | 5.63 k | 5.87 k | 6.21 k | 6.35 k | 6.50 k | 6.70 k | 7.03 k | 7.11 k | 7.22 k | 7.40 k | 7.81 k | 7.93 k | 8.40 k | 8.63 k | 9.02 k |

## Calculated Billings | $155.79 m | $36.34 m | $50.13 m | $44.88 m | $196.18 m | $43.83 m | $60.23 m | $58.74 m | $256.38 m | ||||||||||||||

## Countries | 90 | 90 | 99 | 100 | 100 | 110 | 117 | 122 | 123 | 125 | 127 | 128 | 127 | 127 | 131 | 133 | 134 | 143 | 144 | ||||

## Annual Recurring Revenue | $90.38 m | $121.19 m | $128.44 m | $137.61 m | $148.68 m | $164.86 m | $177.79 m | $198.58 m | $217.42 m | $251.82 m | $268.19 m | $290.02 m | $310.18 m | $338.71 m | |||||||||

## Active Users | 50 k | 200 k | 700 k | ||||||||||||||||||||

## Channel Partners | 700 |

- Source: Company Filings