NASDAQ$RPD
Rapid7 Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Rapid7 experienced growth in ARR, revenue, and customer base, driven by demand for security transformation solutions and the acquisition of IntSights.
Rapid7 announced its Q3 2021 financial results, reporting a significant increase in annualized recurring revenue (ARR) of $550 million, a 38% increase year-over-year. Total revenue was $139.9 million, up 33% year-over-year, and the company saw a 17% increase in total customers and an 18% increase in ARR per customer.
- ARR reached $550 million, a 38% increase year-over-year.
- Revenue increased to $139.9 million, up 33% year-over-year.
- Total customer growth was 17% year-over-year.
- ARR per customer grew by 18% year-over-year.
Headline financials
Revenue & EPS history
Rapid7 · Revenue · Quarterly
$140M
Revenue by segment
Rapid7 · $140M total across 2 segments · Q3 2021
- Product subscriptions$131M—93.7%
- Professional services$8.75M+34.2%6.3%
Forward guidance
Rapid7 anticipates annualized recurring revenue to be approximately $586 million and revenue between $144.9 million and $146.5 million for the fourth quarter of 2021. They also estimate a non-GAAP loss from operations of $(6.7) million and a non-GAAP net loss per share of $(0.18). Free cash flow is expected to be approximately $25.0 million.
Tailwinds
- Annualized recurring revenue approximately $586 million
- Revenue between $144.9 million and $146.5 million
- Free cash flow approximately $25.0 million
Headwinds
- Non-GAAP loss from operations $(6.7) million
- Non-GAAP net loss per share $(0.18)
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
-0.9%
Avg return
Earnings day
-1.9%
Avg return
5 days after
-1.0%
Avg return
30 days after
50%
22 / 44 earnings
Positive
+13.7%
Q4 2015
Best reaction
-29.0%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.1% | -4.8% | +12.4% | |
| Q4 2025 | -29.0% | -30.9% | -34.4% | |
| Q3 2025 | -20.1% | -21.1% | -10.3% | |
| Q1 2025 | -8.2% | -11.3% | -11.3% | |
| Q4 2024 | -5.4% | -7.1% | -23.9% | |
| Q3 2024 | +2.9% | +3.2% | +8.4% | |
| Q2 2024 | +8.6% | +8.1% | +8.2% | |
| Q1 2024 | -17.8% | -18.1% | -22.1% | |
| Q4 2023 | +2.7% | +6.6% | -5.7% | |
| Q3 2023 | +1.4% | +5.6% | +20.6% | |
| Q2 2023 | +9.1% | +20.7% | +16.6% | |
| Q1 2023 | -2.9% | -5.4% | -3.2% | |
| Q4 2022 | -0.5% | -1.9% | -17.9% | |
| Q3 2022 | -27.8% | -35.9% | -24.9% | |
| Q2 2022 | -0.8% | -1.6% | -21.2% | |
| Q1 2022 | -17.2% | -29.6% | -23.8% | |
| Q4 2021 | +1.7% | -1.6% | +4.4% | |
| Q3 2021 | +10.8% | +13.9% | -7.1% | |
| Q2 2021 | -1.4% | -1.8% | +8.3% | |
| Q1 2021 | -1.4% | +3.3% | +8.8% | |
| Q4 2020 | +0.8% | -1.4% | -10.1% | |
| Q3 2020 | +7.4% | +8.1% | +15.9% | |
| Q2 2020 | -2.7% | -6.4% | +0.6% | |
| Q1 2020 | +2.2% | -0.9% | +4.5% | |
| Q4 2019 | -6.2% | -8.5% | -32.0% | |
| Q3 2019 | -0.3% | +1.5% | +6.8% | |
| Q2 2019 | -4.5% | -8.6% | -11.5% | |
| Q1 2019 | +0.0% | +0.7% | -0.4% | |
| Q4 2018 | +10.1% | +14.0% | +11.5% | |
| Q3 2018 | +8.6% | +1.6% | -4.6% | |
| Q2 2018 | +13.0% | +10.4% | +28.9% | |
| Q1 2018 | +2.0% | -0.3% | +2.9% | |
| Q4 2017 | -1.6% | +1.9% | +13.0% | |
| Q3 2017 | +7.4% | +5.3% | +4.7% | |
| Q2 2017 | +0.1% | +3.3% | +12.9% | |
| Q1 2017 | +4.8% | +1.7% | -0.2% | |
| Q4 2016 | +10.8% | +20.3% | +17.1% | |
| Q3 2016 | -16.6% | -15.5% | -7.4% | |
| Q2 2016 | +8.8% | +8.8% | +27.4% | |
| Q1 2016 | -4.5% | — | — | |
| Q4 2015 | +13.7% | — | — | |
| Q3 2014 | -3.3% | — | — | |
| Q3 2015 | -5.3% | — | — | |
| Q2 2015 | +7.9% | — | — | |
| Q4 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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