Rapid7 Analysts Boost Their Forecasts Following Better-Than-Expected Q2 Earnings
Rapid7 Inc (NASDAQ:RPD) on Monday posted upbeat earnings for the second quarter.

Rapid7, Inc. specializes in delivering cutting-edge cybersecurity solutions. Central to its offerings is a sophisticated, cloud-native platform designed to equip organizations with ...
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Est. EPS $0.46 · Revenue $209.03M · 15 analysts
Est. EPS $0.54 · Revenue $209.32M · 15 analysts
Est. EPS $1.80 · Revenue $838.97M · 13 analysts
Est. EPS $0.44 · Revenue $206.16M · 6 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $859.8M | +1.9% | +0.6% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $23.4M | -8.4% | +437.4% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +70.3% | +0.1% | -0.3% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +1.3% | -67.6% | +638.0% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +2.7% | -10.1% | +434.4% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $144.5M | -14.1% | -5.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +16.8% | -15.7% | -5.6% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 664.6% | -88.4% | -11.5% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.20x | -4.0% | +8.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $1.7B | +4.5% | +1.4% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 0.36 vs 2.05 | -82.5% | 0.09 vs 0.46 | -80.3% |
| Revenue Surprise | $859.8M vs $857.5M | +0.3% | $210.9M vs $209.0M | +0.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 15, 2026 | Thomas Corey E. | director, officer: Executive Chairman | COMMON STOCK | D | 7,726 | $13.00 |
| Aug 15, 2026 | Murphy Scott M | officer: Chief Accounting Officer | COMMON STOCK | D | 1,060 | $13.00 |
| Jul 15, 2026 | Murphy Scott M | officer: Chief Accounting Officer | COMMON STOCK | D | 344 | $12.25 |
| Jun 15, 2026 | MOHAMED WAEL | director, officer: CEO | PERFORMANCE RIGHTS | A | 2,125,000 | — |
| Jun 15, 2026 | MOHAMED WAEL | director, officer: CEO | COMMON STOCK | A | 841,515 | — |
Operator: Good day, everyone. My name is Kehaylani, and I will be your conference operator today. At this time, I would like to welcome you to the Q2 26 Rapid7 earnings call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. If you would like to ask a question during this time and if you have joined via the webinar, please use the raise hand icon which can be found at the bottom of your webinar app application. At this time, I would like to turn the call over to Matthew Ryan Wells, Vice President of Investor Relations. Matthew Ryan Wells: Thank you, operator. And good afternoon, everyone. Today, we will be discussing Rapid7's second quarter fiscal 26 financial results. We have distributed our earnings press release over the wire it can be accessed on our investor relations website. With me on the call are Corey E. Thomas, Executive Chairman; Wael Mohamed, CEO; and Rafeal Edgar Brown, CFO. As a reminder, all participants are in a listen-only mode and a question-and-answer session will follow our opening remarks. Before I hand the call over to Corey, I want to remind everyone that certain statements made during this conference call may be considered forward looking statements under federal securities laws. These statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 2000 and include, among other things, our outlook for the third quarter and full-year 2026 our expectations regarding fiscal periods beyond 2026, our transformation and restructuring initiatives, our strategy, priorities, and capital allocation, anticipated operational improvements, investments in our core platform and AI capabilities, and our expected growth drivers and financial performance. These forward looking statements are based on our current expectations and information currently available to us. We believe any forward looking statements we make are reasonable, actual results could differ materially due to a number of risks and uncertainties including those contained in our filings with the SEC. Reported results should not be considered indicative of future performance. We do not undertake and expressly disclaim any obligation to update or alter our forward looking statements whether as a result of new information, future events or otherwise. Except to the extent required by applicable law. Further information on these forward looking statements and risk factors are included in the filings we make with the SEC including the section titled cautionary language concerning forward looking statements in our earnings press release. Additionally, over the course of this call, we will reference non GAAP measures to describe our performance. Please review our earnings press release and filings with the SEC for our rationale behind these non GAAP measures and for a full reconciliation of these GAAP to non GAAP metrics. These documents, in …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Corey E. Thomas | Executive Chairman | USD 863,000 | Male | 1976 | Active |
Kathryn Kulikoski | Chief People Officer | USD 499,000 | Female | 1977 | Active |
Rafeal Edgar Brown | Chief Financial Officer | USD 290,500 | Male | 1968 | Active |
Wael Mohamed | Chief Executive Officer & Director | USD 19,154 | Male | 1968 | Active |
Julian Waits | Chief Experience Officer | — | Male | — | Active |
Dejan Deklich | Chief Product & Technology Officer | — | Male | 1975 | Active |
Matthew Ryan Wells | Vice President of Investor Relations | — | Male | — | Active |
Peter Kaes | Senior Vice President & General Counsel | — | Male | 1982 | Active |
Alice Randall | Director of Global Communications | — | — | — | Active |
Brian Castagna | Chief Security Officer | — | Male | — | Active |
Rapid7 Inc (NASDAQ:RPD) on Monday posted upbeat earnings for the second quarter.

Rapid7 NASDAQ: RPD reported second-quarter fiscal 2026 results that exceeded its guided metrics, while outlining a restructuring and strategic reset centered on Detection and Response, Exposure Management and artificial intelligence-driven platform capabilities.

The headline numbers for Rapid7 (RPD) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Rapid7, Inc. (RPD) Q2 2026 Earnings Call Transcript

Rapid7 (RPD) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.58 per share a year ago.
