Rapid7 Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
RPD$14.97+2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $334,686 | $213,629 |
| Short-term investments | 187,025 | 169,544 |
| Accounts receivable, net of allowance for credit losses of $1,833 and $951 at December 31, 2024 and December 31, 2023, respectively | 168,242 | 164,862 |
| Deferred contract acquisition and fulfillment costs, current portion | 52,134 | 45,008 |
| Prepaid expenses and other current assets | 44,024 | 41,407 |
| Total current assets | 786,111 | 634,450 |
| Long-term investments | 37,274 | 56,171 |
| Property and equipment, net | 32,245 | 39,642 |
| Operating lease right-of-use assets | 48,877 | 54,693 |
| Deferred contract acquisition and fulfillment costs, non-current portion | 73,672 | 76,601 |
| Goodwill | 575,268 | 536,351 |
| Intangible assets, net | 85,719 | 94,546 |
| Other assets | 12,868 | 12,894 |
| Total assets | $1,652,034 | $1,505,348 |
| Liabilities and Stockholders’ Equity (Deficit) | ||
| Current liabilities: | ||
| Accounts payable | $18,908 | $15,812 |
| Accrued expenses and other current liabilities | 88,802 | 85,025 |
| Convertible senior notes, current portion, net | 45,895 | — |
| Operating lease liabilities, current portion | 15,493 | 13,452 |
| Deferred revenue, current portion | 461,118 | 455,503 |
| Total current liabilities | 630,216 | 569,792 |
| Convertible senior notes non-current portion, net | 888,356 | 929,996 |
| Operating lease liabilities, non-current portion | 68,430 | 81,130 |
| Deferred revenue, non-current portion | 27,078 | 32,577 |
| Other long-term liabilities | 20,243 | 10,032 |
| Total liabilities | $1,634,323 | $1,623,527 |
| Stockholders’ equity (deficit): | ||
| Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at December 31, 2024 and 2023; 0 shares issued and outstanding at December 31, 2024 and 2023 | $— | $— |
| Common stock, $0.01 par value per share; 100,000,000 shares authorized at December 31, 2024 and 2023; 64,067,220 and 62,283,630 shares issued at December 31, 2024 and 2023, respectively; 63,496,965 and 61,714,051 shares outstanding at December 31, 2024 and 2023, respectively | 635 | 617 |
| Treasury stock, at cost, 570,255 and 569,579 shares at December 31, 2024 and 2023, respectively | (4,765) | (4,765) |
| Additional paid-in-capital | 1,011,080 | 898,185 |
| Accumulated other comprehensive (loss) income | (1,205) | 1,344 |
| Accumulated deficit | (988,034) | (1,013,560) |
| Total stockholders’ equity (deficit) | 17,711 | (118,179) |
| Total liabilities and stockholders’ equity (deficit) | $1,652,034 | $1,505,348 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.