Rapid7 Inc

For the period ended Dec 31, 2023. Filed Feb 26, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 26, 2024

RPD$14.97+2.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except share and per share data)

	Year Ended December 31,
	2023	2022	2021
Revenue:
Products	$740,168	$647,535	$500,843
Professional services	37,539	37,548	34,561
Total revenue	777,707	685,083	535,404
Cost of revenue:
Products	202,904	182,212	140,773
Professional services	28,837	32,137	28,175
Total cost of revenue	231,741	214,349	168,948
Total gross profit	545,966	470,734	366,456
Operating expenses:
Research and development	176,776	189,970	160,779
Sales and marketing	312,636	307,409	247,453
General and administrative	84,276	84,969	78,289
Impairment of long-lived assets	30,784	—	—
Restructuring	22,227	—	—
Total operating expenses	626,699	582,348	486,521
Loss from operations	(80,733)	(111,614)	(120,065)
Other income (expense), net:
Interest income	10,177	1,813	365
Interest expense	(64,700)	(10,982)	(14,292)
Other income (expense), net	(14,522)	(1,522)	(1,921)
Loss before income taxes	(149,778)	(122,305)	(135,913)
(Benefit from) provision for income taxes	(518)	2,412	10,421
Net loss	$(149,260)	$(124,717)	$(146,334)
Net loss per share, basic and diluted	$(2.46)	$(2.13)	$(2.65)
Weighted-average common shares outstanding, basic and diluted	60,756,087	58,552,065	55,270,998

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.