Rapid7 Inc

For the period ended Mar 31, 2024. Filed May 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 8, 2024

RPD$14.49-3.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

Condensed Consolidated Statements of Operations (Unaudited)

(in thousands, except share and per share data)

	Three Months Ended March 31,
	2024	2023
Revenue:
Product subscriptions	$196,918	$173,772
Professional services	8,183	9,402
Total revenue	205,101	183,174
Cost of revenue:
Product subscriptions	54,655	48,188
Professional services	6,248	7,811
Total cost of revenue	60,903	55,999
Total gross profit	144,198	127,175
Operating expenses:
Research and development	40,990	46,346
Sales and marketing	72,805	80,587
General and administrative	19,835	24,207
Total operating expenses	133,630	151,140
Income (loss) from operations	10,568	(23,965)
Other income (expense), net:
Interest income	4,720	1,668
Interest expense	(2,670)	(2,717)
Other income (expense), net	(1,435)	(307)
Income (loss) before income taxes	11,183	(25,321)
Provision for income taxes	8,925	594
Net income (loss)	$2,258	$(25,915)
Net income (loss) per share, basic	$0.04	$(0.43)
Net income (loss) per share, diluted	$0.03	$(0.43)
Weighted-average common shares outstanding, basic	61,907,808	59,888,119
Weighted-average common shares outstanding, diluted	74,021,704	59,888,119

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.