Financial Snapshot

Revenue
$833.0M
TTM
Gross Margin
70.65%
TTM
Net Earnings
$47.06M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
117.26%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$6.304M
Q3 2024
Cash
Q3 2024
P/E
59.02
Nov 29, 2024 EST
Free Cash Flow
$158.4M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $777.7M $685.1M $535.4M $411.5M $326.9M $244.1M $200.9M $157.4M $110.5M $76.88M $60.03M $46.00M
YoY Change 13.52% 27.96% 30.11% 25.86% 33.94% 21.47% 27.63% 42.44% 43.76% 28.07% 30.5%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $777.7M $685.1M $535.4M $411.5M $326.9M $244.1M $200.9M $157.4M $110.5M $76.88M $60.03M $46.00M
Cost Of Revenue $231.7M $214.3M $168.9M $121.5M $91.15M $71.08M $56.91M $39.73M $29.24M $18.47M $12.88M $8.200M
Gross Profit $546.0M $470.7M $366.5M $290.0M $235.8M $173.0M $144.0M $117.7M $81.28M $58.41M $47.15M $37.80M
Gross Profit Margin 70.2% 68.71% 68.44% 70.47% 72.12% 70.88% 71.68% 74.77% 73.54% 75.97% 78.55% 82.17%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $393.4M $392.4M $325.7M $255.5M $202.4M $158.3M $141.9M $118.8M $89.10M $61.98M $44.37M $32.10M
YoY Change 0.27% 20.46% 27.49% 26.22% 27.88% 11.57% 19.43% 33.35% 43.75% 39.7% 38.21%
% of Gross Profit 72.06% 83.35% 88.89% 88.11% 85.85% 91.5% 98.51% 100.93% 109.61% 106.11% 94.09% 84.92%
Research & Development $176.8M $190.0M $160.8M $108.6M $79.36M $67.74M $50.94M $47.96M $38.75M $25.57M $21.41M $17.40M
YoY Change -6.95% 18.16% 48.09% 36.8% 17.15% 32.99% 6.22% 23.77% 51.53% 19.42% 23.05%
% of Gross Profit 32.38% 40.36% 43.87% 37.44% 33.66% 39.16% 35.37% 40.74% 47.67% 43.78% 45.41% 46.03%
Depreciation & Amortization $45.94M $41.04M $33.50M $22.63M $16.53M $11.10M $7.628M $6.725M $5.352M $4.140M $2.631M $1.530M
YoY Change 11.94% 22.5% 48.03% 36.93% 48.94% 45.48% 13.43% 25.65% 29.28% 57.35% 71.96%
% of Gross Profit 8.41% 8.72% 9.14% 7.8% 7.01% 6.41% 5.3% 5.71% 6.58% 7.09% 5.58% 4.05%
Operating Expenses $573.3M $582.3M $486.5M $364.1M $281.8M $226.0M $192.8M $166.8M $127.8M $87.55M $65.78M $50.60M
YoY Change -1.55% 19.7% 33.63% 29.2% 24.66% 17.23% 15.63% 30.44% 46.02% 33.1% 29.99%
Operating Profit -$27.36M -$111.6M -$120.1M -$74.10M -$46.00M -$53.04M -$48.79M -$49.05M -$46.56M -$29.14M -$18.62M -$12.80M
YoY Change -75.49% -7.04% 62.03% 61.1% -13.28% 8.7% -0.52% 5.35% 59.77% 56.47% 45.5%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense -$69.05M $10.98M $14.29M $24.14M $13.39M $4.934M $87.00K $211.0K -$2.523M -$2.802M -$122.0K -$100.0K
YoY Change -728.71% -23.16% -40.79% 80.27% 171.36% 5571.26% -58.77% -108.36% -9.96% 2196.72% 22.0%
% of Operating Profit
Other Income/Expense, Net -$14.52M -$1.522M -$1.921M -$81.00K -$433.0K -$336.0K $313.0K -$109.0K -$278.0K -$305.0K $43.00K
YoY Change 854.14% -20.77% 2271.6% -81.29% 28.87% -207.35% -387.16% -60.79% -8.85% -809.3%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$149.8M -$122.3M -$135.9M -$96.86M -$53.80M -$55.08M -$47.71M -$49.03M -$49.36M -$32.25M -$18.70M -$12.80M
YoY Change 22.46% -10.01% 40.31% 80.03% -2.32% 15.46% -2.69% -0.68% 53.07% 72.42% 46.12%
Income Tax -$518.0K $2.412M $10.42M $1.986M $42.00K $466.0K -$2.236M -$27.00K $496.0K $379.0K $170.0K -$400.0K
% Of Pretax Income
Net Earnings -$149.3M -$124.7M -$146.3M -$98.85M -$53.85M -$55.55M -$45.47M -$49.00M -$49.86M -$32.63M -$18.87M -$12.40M
YoY Change 19.68% -14.77% 48.04% 83.58% -3.06% 22.16% -7.2% -1.72% 52.81% 72.88% 52.2%
Net Earnings / Revenue -19.19% -18.2% -27.33% -24.02% -16.47% -22.76% -22.63% -31.12% -45.11% -42.44% -31.44% -26.96%
Basic Earnings Per Share -$2.46 -$2.13 -$2.65 -$1.94 -$1.10
Diluted Earnings Per Share -$2.46 -$2.13 -$2.65 -$1.94 -$1.10 -$1.194M -$1.058M -$1.189M -$2.020M -$855.6K -$496.1K -$325.5K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $383.2M $291.4M $223.4M $312.5M $239.6M $258.8M $90.70M $71.90M $86.60M $36.80M $20.60M
YoY Change 31.47% 30.44% -28.5% 30.43% -7.42% 185.34% 26.15% -16.97% 135.33% 78.64%
Cash & Equivalents $213.6M $207.3M $164.6M $173.6M $123.4M $99.60M $51.60M $53.10M $86.60M $36.80M $20.60M
Short-Term Investments $169.5M $84.16M $58.85M $138.8M $116.2M $159.2M $39.20M $18.80M
Other Short-Term Assets $86.41M $66.81M $63.21M $48.50M $36.30M $21.20M $8.600M $9.200M $6.100M $4.200M $2.000M
YoY Change 29.34% 5.7% 30.33% 33.61% 71.23% 146.51% -6.52% 50.82% 45.24% 110.0%
Inventory
Prepaid Expenses
Receivables $164.9M $152.0M $146.1M $112.4M $88.70M $75.70M $74.00M $49.20M $44.20M $25.40M $19.50M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $634.5M $510.3M $432.7M $473.4M $364.6M $355.8M $173.3M $130.2M $136.9M $66.40M $42.10M
YoY Change 24.33% 17.93% -8.59% 29.84% 2.47% 105.31% 33.1% -4.89% 106.17% 57.72%
Property, Plant & Equipment $94.34M $137.2M $134.0M $120.3M $111.7M $17.50M $8.600M $8.100M $7.500M $7.900M $4.300M
YoY Change -31.26% 2.43% 11.37% 7.7% 538.29% 103.49% 6.17% 8.0% -5.06% 83.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $56.17M $9.756M $34.07M $10.10M $22.90M $44.90M $1.100M $20.20M
YoY Change 475.76% -71.36% 237.31% -55.9% -49.0% 3981.82% -94.55%
Other Assets $89.50M $84.80M $68.38M $51.40M $39.30M $28.80M $1.400M $800.0K $200.0K $200.0K $200.0K
YoY Change 5.54% 24.0% 33.04% 30.79% 36.46% 1957.14% 75.0% 300.0% 0.0% 0.0%
Total Long-Term Assets $870.9M $848.7M $863.3M $439.7M $300.3M $203.6M $110.8M $113.1M $93.70M $20.60M $17.80M
YoY Change 2.62% -1.69% 96.33% 46.42% 47.5% 83.75% -2.03% 20.7% 354.85% 15.73%
Total Assets $1.505B $1.359B $1.296B $913.1M $664.9M $559.4M $284.1M $243.3M $230.6M $87.00M $59.90M
YoY Change
Accounts Payable $15.81M $10.26M $3.521M $3.900M $6.800M $7.000M $2.200M $4.000M $2.000M $3.500M $3.000M
YoY Change 54.19% 191.25% -9.72% -42.65% -2.86% 218.18% -45.0% 100.0% -42.86% 16.67%
Accrued Expenses $97.94M $92.75M $92.25M $71.30M $48.20M $37.40M $29.70M $23.50M $24.70M $11.90M $9.100M
YoY Change 5.6% 0.54% 29.38% 47.93% 28.88% 25.93% 26.38% -4.86% 107.56% 30.77%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $300.0K $0.00
YoY Change
Total Short-Term Liabilities $569.8M $531.3M $468.7M $353.7M $286.7M $235.0M $189.5M $145.6M $115.8M $74.20M $54.70M
YoY Change 7.25% 13.35% 32.51% 23.37% 22.0% 24.01% 30.15% 25.73% 56.06% 35.65%
Long-Term Debt $930.0M $815.9M $812.1M $378.6M $185.2M $174.7M $0.00 $0.00 $0.00 $16.90M $16.30M
YoY Change 13.98% 0.48% 114.49% 104.43% 6.01% -100.0% 3.68%
Other Long-Term Liabilities $123.7M $131.9M $141.3M $109.3M $109.9M $62.40M $70.50M $55.70M $46.70M $31.00M $21.40M
YoY Change -6.15% -6.66% 29.24% -0.55% 76.12% -11.49% 26.57% 19.27% 50.65% 44.86%
Total Long-Term Liabilities $1.054B $947.8M $953.3M $487.9M $295.1M $237.1M $70.50M $55.70M $46.70M $47.90M $37.70M
YoY Change 11.18% -0.58% 95.39% 65.33% 24.46% 236.31% 26.57% 19.27% -2.51% 27.06%
Total Liabilities $1.624B $1.479B $1.422B $841.6M $581.7M $472.1M $260.0M $201.3M $162.5M $122.2M $92.40M
YoY Change 9.77% 4.01% 68.96% 44.68% 23.22% 81.58% 29.16% 23.88% 32.98% 32.25%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding 60.76M shares 58.55M shares 55.27M shares 51.04M shares 48.73M shares
Diluted Shares Outstanding 60.76M shares 58.55M shares 55.27M shares 51.04M shares 48.73M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.7773 Billion

About Rapid7, Inc.

Rapid7, Inc. engages in the provision of cyber security analytics and automation services. The company is headquartered in Boston, Massachusetts and currently employs 2,228 full-time employees. The company went IPO on 2015-07-22. The company has the expertise of the security operations center (SOC) across information security, cloud operations, development, and information technology (IT) teams, enabling them to understand the attacker and leverage that information to take control of their fragmented attack surface. Rapid7 Managed Threat Complete (MTC) is its flagship offering and unifies the leading detection and response of Rapid7 Managed Detection and Response (MDR) and the exposure management of Rapid7 Managed Vulnerability Management (MVM) to manage customer’s imminent risks, pinpoint and eliminate threats as early as possible and build resiliency for their future. Its Rapid7 Threat Complete unifies Rapid7 InsightIDR (InsightIDR) and Rapid7 InsightVM (InsightVM) to provide complete risk and threat coverage in a single offering. Its security solutions help more than 11,000 global customers unite cloud risk management and threat detection.

Industry: Services-Prepackaged Software Peers: MICROSOFT CORP APPIAN CORP COMMVAULT SYSTEMS INC JFrog Ltd KnowBe4, Inc. Ping Identity Holding Corp. PROGRESS SOFTWARE CORP /MA TERADATA CORP /DE/ Tenable Holdings, Inc. VARONIS SYSTEMS INC