Rapid7, Inc. (RPD) 10-Year Financial Performance & Capital Metrics

RPD •

TechnologyInfrastructure SoftwareCybersecurity and identity management

AboutRapid7, Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a solution that integrates posture management, workload protection, infrastructure entitlements management, infrastructure-as-code security, and Kubernetes protection; InsightVM, a vulnerability risk management solution that is designed to provide a way to collect vulnerability data, prioritize risk, and automate remediation; InsightAppSec, which provides application security testing that analyzes web applications for security vulnerabilities; and InsightConnect, a security orchestration and automation response solution that is used by security professionals. The company's other products include DivvyCloud, a cloud security posture management solution; Nexpose, an on-premises version of company's vulnerability risk management solution; AppSpider, an on-premises version of company's application security testing solution; and Metasploit, a penetration testing software solution, as well as professional services. It offers its products through term or perpetual software licenses, cloud-based subscriptions, and managed services. The company serves customers in a range of industries, including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government, and professional services industries through sales teams, and indirect channel partner relationships, as well as directly in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2000 and is headquartered in Boston, Massachusetts.Show more

Revenue $844M +8.5%
EBITDA $80M +329.7%
Net Income $26M +117.1%
EPS (Diluted) 0.40 +116.3%
Gross Margin 70.26%
EBITDA Margin 9.47% +311.7%
Operating Margin 4.15% +140.0%
Net Margin 3.02% +115.8%
ROE 144.13%
ROIC 3.77% +139.8%
Debt/Equity 57.49
Interest Coverage 3.20 +356.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 144.1%
✓Strong Piotroski F-Score: 7/9
✓FCF machine: 19.9% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 20.9%

✗Weaknesses

✗High debt to equity ratio of 57.5x
✗Weak momentum: RS Rating 3 (bottom 3%)
✗Trading more than 30% below 52-week high
✗Expensive at 22.2x book value

Price & Volume

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Growth Metrics

Revenue CAGR

10Y27.07%

5Y20.89%

3Y16.38%

TTM25732.77%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM13582.29%

EPS CAGR

10Y-

5Y-

3Y-

TTM-10%

ROCE

10Y Avg-26.05%

5Y Avg-10.44%

3Y Avg-6.35%

Latest3.58%

Peer Comparison

Cybersecurity and identity management

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
OKTAOkta, Inc.	563.4M	72.50	1208.33	15.33%	6.87%	2.83%	100%	0.15
PANWPalo Alto Networks, Inc.	104.69B	148.92	93.08	14.87%	12.96%	13.65%	3.31%	0.04
ALLTAllot Ltd.	250.63M	6.34	79.05	10.63%	3.63%	3.27%	6.18%	0.10
FTNTFortinet, Inc.	58.77B	79.03	32.52	14.17%	27.26%	149.77%	3.79%	0.81
GENGen Digital Inc.	13.93B	22.57	21.91	3.55%	12.76%	25.86%	8.66%	3.66
CHKPCheck Point Software Technologies Ltd.	16.48B	152.07	20.38	6.22%	37.62%	32.79%	6.24%	0.01
QLYSQualys, Inc.	3.32B	92.47	19.89	9.58%	28.96%	35.73%	6.98%	0.10
RPDRapid7, Inc.	394.95M	6.22	15.55	8.53%	1.44%	2.04%	42.6%	57.49

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	110.53M	157.44M	200.94M	244.09M	326.95M	411.49M	535.4M	685.08M	777.71M	844.01M
Revenue Growth %	43.76%	42.44%	27.63%	21.47%	33.94%	25.86%	30.11%	27.96%	13.52%	8.53%
Cost of Goods Sold+	29.24M	39.73M	56.91M	71.08M	91.15M	121.52M	168.95M	214.35M	231.74M	251.03M
COGS % of Revenue	26.46%	25.23%	28.32%	29.12%	27.88%	29.53%	31.56%	31.29%	29.8%	29.74%
Gross Profit+	81.28M	117.71M	144.03M	173.01M	235.8M	289.97M	366.46M	470.73M	545.97M	592.97M
Gross Margin %	73.54%	74.77%	71.68%	70.88%	72.12%	70.47%	68.44%	68.71%	70.2%	70.26%
Gross Profit Growth %	39.16%	44.82%	22.36%	20.12%	36.29%	22.97%	26.38%	28.46%	15.98%	8.61%
Operating Expenses+	127.84M	166.76M	192.82M	226.05M	281.8M	364.07M	486.52M	582.35M	626.7M	557.94M
OpEx % of Revenue	115.67%	105.92%	95.96%	92.61%	86.19%	88.48%	90.87%	85%	80.58%	66.11%
Selling, General & Admin	89.1M	118.81M	141.89M	158.3M	202.43M	255.5M	325.74M	392.38M	396.91M	384.81M
SG&A % of Revenue	80.61%	75.46%	70.61%	64.85%	61.92%	62.09%	60.84%	57.27%	51.04%	45.59%
Research & Development	38.75M	47.95M	50.94M	67.74M	79.36M	108.57M	160.78M	189.97M	176.78M	173.13M
R&D % of Revenue	35.06%	30.46%	25.35%	27.75%	24.27%	26.38%	30.03%	27.73%	22.73%	20.51%
Other Operating Expenses	-278K	-109K	313K	-336K	0	0	0	0	53.01M	0
Operating Income+	-46.56M	-49.05M	-48.79M	-53.04M	-45.99M	-74.1M	-120.06M	-111.61M	-80.73M	35.03M
Operating Margin %	-42.13%	-31.15%	-24.28%	-21.73%	-14.07%	-18.01%	-22.43%	-16.29%	-10.38%	4.15%
Operating Income Growth %	-59.77%	-5.35%	0.52%	-8.7%	13.28%	-61.1%	-62.03%	7.04%	27.67%	143.4%
EBITDA+	-41.21M	-42.32M	-41.17M	-41.94M	-29.47M	-51.47M	-86.56M	-70.58M	-34.79M	79.93M
EBITDA Margin %	-37.28%	-26.88%	-20.49%	-17.18%	-9.01%	-12.51%	-16.17%	-10.3%	-4.47%	9.47%
EBITDA Growth %	-64.83%	-2.71%	2.74%	-1.88%	29.74%	-74.66%	-68.19%	18.47%	50.7%	329.72%
D&A (Non-Cash Add-back)	5.35M	6.72M	7.63M	11.1M	16.53M	22.63M	33.5M	41.04M	45.94M	44.89M
EBIT	-46.84M	-49.03M	-47.62M	-50.15M	-40.41M	-72.73M	-121.62M	-111.32M	-85.08M	52.42M
Net Interest Income+	-2.52M	131K	775K	-1.71M	-7.38M	-22.68M	-13.93M	-9.17M	-54.52M	10.1M
Interest Income	0	0	0	3.23M	6.01M	1.45M	365K	1.81M	10.18M	21.06M
Interest Expense	2.52M	131K	775K	4.93M	13.39M	24.14M	14.29M	10.98M	64.7M	10.96M
Other Income/Expense	-2.8M	22K	1.09M	-2.04M	-7.81M	-22.76M	-15.85M	-10.69M	-69.05M	6.42M
Pretax Income+	-49.36M	-49.03M	-47.71M	-55.08M	-53.8M	-96.86M	-135.91M	-122.31M	-149.78M	41.45M
Pretax Margin %	-44.66%	-31.14%	-23.74%	-22.56%	-16.46%	-23.54%	-25.39%	-17.85%	-19.26%	4.91%
Income Tax+	496K	-27K	-2.24M	466K	42K	1.99M	10.42M	2.41M	-518K	15.93M
Effective Tax Rate %	101%	99.94%	95.31%	100.85%	100.08%	102.05%	107.67%	101.97%	99.65%	61.58%
Net Income+	-49.86M	-49M	-45.47M	-55.55M	-53.84M	-98.85M	-146.33M	-124.72M	-149.26M	25.53M
Net Margin %	-45.11%	-31.12%	-22.63%	-22.76%	-16.47%	-24.02%	-27.33%	-18.2%	-19.19%	3.02%
Net Income Growth %	-52.81%	1.72%	7.2%	-22.16%	3.06%	-83.58%	-48.04%	14.77%	-19.68%	117.1%
Net Income (Continuing)	-49.86M	-49M	-45.47M	-55.55M	-53.84M	-98.85M	-146.33M	-124.72M	-149.26M	25.53M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-2.02	-1.19	-1.06	-1.20	-1.10	-1.94	-2.65	-2.13	-2.46	0.40
EPS Growth %	-92.38%	41.09%	10.92%	-13.21%	8.33%	-76.36%	-36.6%	19.62%	-15.49%	116.26%
EPS (Basic)	-2.02	-1.19	-1.06	-1.20	-1.10	-1.94	-2.65	-2.13	-2.46	0.41
Diluted Shares Outstanding	24.74M	41.25M	42.95M	46.46M	48.73M	51.04M	55.27M	58.55M	60.76M	63.18M
Basic Shares Outstanding	24.74M	41.25M	42.9M	46.29M	48.73M	51.04M	55.27M	58.55M	60.76M	62.61M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	136.87M	130.23M	173.28M	355.78M	364.6M	473.44M	432.74M	510.31M	634.45M	786.11M
Cash & Short-Term Investments	86.55M	71.93M	90.74M	258.77M	239.57M	312.46M	223.43M	291.45M	383.17M	521.71M
Cash Only	86.55M	53.15M	51.56M	99.56M	123.41M	173.62M	164.58M	207.29M	213.63M	334.69M
Short-Term Investments	0	18.78M	39.18M	159.21M	116.16M	138.84M	58.85M	84.16M	169.54M	187.03M
Accounts Receivable	44.16M	49.15M	73.66M	74.94M	87.93M	111.6M	146.09M	152.04M	164.86M	168.24M
Days Sales Outstanding	145.85	113.96	133.8	112.05	98.16	98.99	99.6	81.01	77.37	72.76
Inventory	0	0	0	12.32M	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	63.27	-	-	-	-	-	-
Other Current Assets	6.15M	9.15M	8.88M	12.32M	17.05M	21.54M	29.97M	66.81M	86.42M	96.16M
Total Non-Current Assets+	93.7M	113.07M	110.86M	203.59M	300.32M	439.69M	863.27M	848.68M	870.9M	865.92M
Property, Plant & Equipment	7.53M	8.09M	8.59M	17.52M	111.65M	120.29M	133.98M	137.23M	94.33M	81.12M
Fixed Asset Turnover	14.67x	19.47x	23.40x	13.93x	2.93x	3.42x	4.00x	4.99x	8.24x	10.40x
Goodwill	74.56M	75.11M	83.16M	88.42M	97.87M	213.6M	515.26M	515.63M	536.35M	575.27M
Intangible Assets	11.38M	8.95M	16.64M	23.95M	28.56M	44.3M	111.59M	101.27M	94.55M	85.72M
Long-Term Investments	0	20.16M	1.1M	44.89M	22.89M	10.12M	34.07M	9.76M	56.17M	37.27M
Other Non-Current Assets	214K	764K	1.36M	1.17M	39.35M	51.37M	68.38M	84.8M	89.5M	86.54M
Total Assets+	230.56M	243.3M	284.14M	559.37M	664.91M	913.12M	1.3B	1.36B	1.51B	1.65B
Asset Turnover	0.48x	0.65x	0.71x	0.44x	0.49x	0.45x	0.41x	0.50x	0.52x	0.51x
Asset Growth %	165.12%	5.53%	16.78%	96.87%	18.87%	37.33%	41.93%	4.86%	10.77%	9.74%
Total Current Liabilities+	115.77M	145.61M	189.49M	234.99M	286.67M	353.73M	468.68M	531.27M	569.79M	630.22M
Accounts Payable	2.04M	4.01M	2.24M	7.05M	6.84M	3.86M	3.52M	10.26M	15.81M	18.91M
Days Payables Outstanding	25.44	36.86	14.37	36.19	27.38	11.59	7.61	17.46	24.9	27.49
Short-Term Debt	0	0	0	0	0	0	0	0	0	45.9M
Deferred Revenue (Current)	87.92M	116.9M	155.81M	189.85M	231.52M	278.58M	372.07M	426.6M	455.5M	461.12M
Other Current Liabilities	1.1M	1.2M	1.71M	707K	119K	0	842K	1.66M	0	0
Current Ratio	1.18x	0.89x	0.91x	1.51x	1.27x	1.34x	0.92x	0.96x	1.11x	1.25x
Quick Ratio	1.18x	0.89x	0.91x	1.46x	1.27x	1.34x	0.92x	0.96x	1.11x	1.25x
Cash Conversion Cycle	-	-	-	139.13	-	-	-	-	-	-
Total Non-Current Liabilities+	46.72M	55.66M	70.5M	237.06M	295.07M	487.85M	953.33M	947.8M	1.05B	1B
Long-Term Debt	0	0	0	174.69M	185.2M	378.59M	812.06M	815.95M	930M	888.36M
Capital Lease Obligations	0	0	0	0	72.29M	75.74M	90.86M	85.95M	81.13M	68.43M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	4.32M	3.5M	1.81M	3.66M	1.35M	2.16M	17.34M	14.86M	10.03M	20.24M
Total Liabilities	162.49M	201.26M	259.98M	472.05M	581.75M	841.59M	1.42B	1.48B	1.62B	1.63B
Total Debt+	0	0	0	174.69M	264.67M	463.94M	912.56M	914.34M	1.02B	1.02B
Net Debt	-86.55M	-53.15M	-51.56M	75.12M	141.26M	290.32M	747.98M	707.05M	810.95M	683.49M
Debt / Equity	-	-	-	2.00x	3.18x	6.49x	-	-	-	57.49x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	12.74x
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	8.55x
Interest Coverage	-18.45x	-374.42x	-62.96x	-10.75x	-3.44x	-3.07x	-8.40x	-10.16x	-1.25x	3.20x
Total Equity+	68.08M	42.04M	24.15M	87.32M	83.17M	71.54M	-126M	-120.07M	-118.18M	17.71M
Equity Growth %	293.04%	-38.25%	-42.54%	261.52%	-4.75%	-13.99%	-276.13%	4.7%	1.58%	114.99%
Book Value per Share	2.75	1.02	0.56	1.88	1.71	1.40	-2.28	-2.05	-1.95	0.28
Total Shareholders' Equity	68.08M	42.04M	24.15M	87.32M	83.17M	71.54M	-126M	-120.07M	-118.18M	17.71M
Common Stock	415K	426K	441K	476K	499K	522K	577K	597K	617K	635K
Retained Earnings	-340.34M	-389.34M	-434.91M	-464.58M	-518.43M	-617.28M	-736.03M	-860.75M	-1.01B	-988.03M
Treasury Stock	-3.53M	-4.39M	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M
Accumulated OCI	-11.68M	-19K	-39K	-31K	213K	454K	-812K	-1.41M	1.34M	-1.21M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.91M	9.11M	13.29M	6.07M	-1.42M	4.89M	53.92M	78.2M	104.28M	171.67M
Operating CF Margin %	-1.73%	5.79%	6.61%	2.49%	-0.43%	1.19%	10.07%	11.42%	13.41%	20.34%
Operating CF Growth %	43.18%	577.82%	45.81%	-54.34%	-123.41%	444.15%	1003.27%	45.05%	33.34%	64.63%
Net Income	-49.86M	-49M	-45.47M	-55.55M	-53.84M	-98.85M	-146.33M	-124.72M	-149.26M	25.53M
Depreciation & Amortization	5.35M	6.72M	7.63M	11.1M	16.53M	22.63M	33.5M	41.04M	45.94M	44.89M
Stock-Based Compensation	10.69M	17.32M	19.54M	27.59M	40.66M	63.89M	102.58M	119.9M	108.08M	107.96M
Deferred Taxes	119K	75K	-2.86M	-69K	-645K	737K	466K	332K	-5.62M	791K
Other Non-Cash Items	2.8M	1.21M	750K	4.82M	11.12M	19.95M	8.64M	2.11M	104.79M	2.94M
Working Capital Changes	28.99M	32.78M	33.7M	18.17M	-15.24M	-3.47M	55.06M	39.54M	351K	-10.45M
Change in Receivables	-18.37M	-6.2M	-25.22M	-1.69M	-14.8M	-24.38M	-25.48M	-9.05M	-14.02M	-5.48M
Change in Inventory	4.8M	-1.39M	5.73M	6.1M	-7.91M	0	0	0	0	0
Change in Payables	-2.3M	1.62M	-2.26M	3.67M	92K	-2.39M	-2.08M	7.98M	5.45M	2.78M
Cash from Investing+	-42.95M	-43.48M	-22.42M	-193.73M	16.81M	-156.29M	-325.38M	-39.99M	-178.75M	-46.52M
Capital Expenditures	-4.14M	-4.5M	-5.99M	-16.08M	-35.52M	-13.8M	-9.01M	-37.53M	-4.37M	-3.42M
CapEx % of Revenue	3.74%	2.86%	2.98%	6.59%	10.86%	3.35%	1.68%	5.48%	0.56%	0.41%
Acquisitions	-38.81M	-1.39M	-14.72M	-14.46M	-14.61M	-125.83M	-358.42M	-300K	-34.84M	-37.3M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	1.39M	-200K	0	0	-6.13M	-9.85M	300K	-15.88M	-13.8M
Cash from Financing+	94.79M	1.16M	7.27M	236.16M	8.79M	200.93M	264.13M	7.42M	79.6M	5.58M
Debt Issued (Net)	-18.79M	-68K	0	196.21M	0	195.1M	278.7M	-12K	73.04M	0
Equity Issued (Net)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	0	0	0	0	0	0	0
Other Financing	0	-5.42M	-1.49M	-2.2M	-6.95M	-9.07M	-28.16M	-7.83M	-7.82M	-5.23M
Net Change in Cash	49.73M	-33.41M	-1.59M	48M	23.85M	50.2M	-9.04M	42.7M	6.34M	128.46M
Free Cash Flow+	-6.04M	4.61M	8.46M	-6.75M	-30.85M	-8.91M	44.91M	57.82M	99.91M	168.25M
FCF Margin %	-5.47%	2.93%	4.21%	-2.76%	-9.44%	-2.17%	8.39%	8.44%	12.85%	19.93%
FCF Growth %	42.11%	176.34%	83.44%	-179.73%	-357.21%	71.1%	603.72%	28.76%	72.79%	68.39%
FCF per Share	-0.24	0.11	0.20	-0.15	-0.63	-0.17	0.81	0.99	1.64	2.66
FCF Conversion (FCF/Net Income)	0.04x	-0.19x	-0.29x	-0.11x	0.03x	-0.05x	-0.37x	-0.63x	-0.70x	6.73x
Interest Paid	1.43M	5K	0	0	2.78M	5.46M	7.34M	6.67M	4.61M	6.36M
Taxes Paid	341K	556K	801K	188K	400K	312K	3.31M	1.57M	1.62M	8.95M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-303.9%	-89%	-137.39%	-99.66%	-63.17%	-127.79%	-	-	-	144.13%
Return on Invested Capital (ROIC)	-	-	-	-58.92%	-17.83%	-18.96%	-18.31%	-13.85%	-9.46%	3.77%
Gross Margin	73.54%	74.77%	71.68%	70.88%	72.12%	70.47%	68.44%	68.71%	70.2%	70.26%
Net Margin	-45.11%	-31.12%	-22.63%	-22.76%	-16.47%	-24.02%	-27.33%	-18.2%	-19.19%	3.02%
Debt / Equity	-	-	-	2.00x	3.18x	6.49x	-	-	-	57.49x
Interest Coverage	-18.45x	-374.42x	-62.96x	-10.75x	-3.44x	-3.07x	-8.40x	-10.16x	-1.25x	3.20x
FCF Conversion	0.04x	-0.19x	-0.29x	-0.11x	0.03x	-0.05x	-0.37x	-0.63x	-0.70x	6.73x
Revenue Growth	43.76%	42.44%	27.63%	21.47%	33.94%	25.86%	30.11%	27.96%	13.52%	8.53%

US Stock Screener

...

Rapid7, Inc. (RPD) 10-Year Financial Performance & Capital Metrics

RPD •

TechnologyInfrastructure SoftwareCybersecurity and identity management

Revenue $844M +8.5%
EBITDA $80M +329.7%
Net Income $26M +117.1%
EPS (Diluted) 0.40 +116.3%
Gross Margin 70.26%
EBITDA Margin 9.47% +311.7%
Operating Margin 4.15% +140.0%
Net Margin 3.02% +115.8%
ROE 144.13%
ROIC 3.77% +139.8%
Debt/Equity 57.49
Interest Coverage 3.20 +356.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 144.1%
✓Strong Piotroski F-Score: 7/9
✓FCF machine: 19.9% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 20.9%

✗Weaknesses

✗High debt to equity ratio of 57.5x
✗Weak momentum: RS Rating 3 (bottom 3%)
✗Trading more than 30% below 52-week high
✗Expensive at 22.2x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y27.07%

5Y20.89%

3Y16.38%

TTM25732.77%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM13582.29%

EPS CAGR

10Y-

5Y-

3Y-

TTM-10%

ROCE

10Y Avg-26.05%

5Y Avg-10.44%

3Y Avg-6.35%

Latest3.58%

Peer Comparison

Cybersecurity and identity management

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
OKTAOkta, Inc.	563.4M	72.50	1208.33	15.33%	6.87%	2.83%	100%	0.15
PANWPalo Alto Networks, Inc.	104.69B	148.92	93.08	14.87%	12.96%	13.65%	3.31%	0.04
ALLTAllot Ltd.	250.63M	6.34	79.05	10.63%	3.63%	3.27%	6.18%	0.10
FTNTFortinet, Inc.	58.77B	79.03	32.52	14.17%	27.26%	149.77%	3.79%	0.81
GENGen Digital Inc.	13.93B	22.57	21.91	3.55%	12.76%	25.86%	8.66%	3.66
CHKPCheck Point Software Technologies Ltd.	16.48B	152.07	20.38	6.22%	37.62%	32.79%	6.24%	0.01
QLYSQualys, Inc.	3.32B	92.47	19.89	9.58%	28.96%	35.73%	6.98%	0.10
RPDRapid7, Inc.	394.95M	6.22	15.55	8.53%	1.44%	2.04%	42.6%	57.49

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	110.53M	157.44M	200.94M	244.09M	326.95M	411.49M	535.4M	685.08M	777.71M	844.01M
Revenue Growth %	43.76%	42.44%	27.63%	21.47%	33.94%	25.86%	30.11%	27.96%	13.52%	8.53%
Cost of Goods Sold+	29.24M	39.73M	56.91M	71.08M	91.15M	121.52M	168.95M	214.35M	231.74M	251.03M
COGS % of Revenue	26.46%	25.23%	28.32%	29.12%	27.88%	29.53%	31.56%	31.29%	29.8%	29.74%
Gross Profit+	81.28M	117.71M	144.03M	173.01M	235.8M	289.97M	366.46M	470.73M	545.97M	592.97M
Gross Margin %	73.54%	74.77%	71.68%	70.88%	72.12%	70.47%	68.44%	68.71%	70.2%	70.26%
Gross Profit Growth %	39.16%	44.82%	22.36%	20.12%	36.29%	22.97%	26.38%	28.46%	15.98%	8.61%
Operating Expenses+	127.84M	166.76M	192.82M	226.05M	281.8M	364.07M	486.52M	582.35M	626.7M	557.94M
OpEx % of Revenue	115.67%	105.92%	95.96%	92.61%	86.19%	88.48%	90.87%	85%	80.58%	66.11%
Selling, General & Admin	89.1M	118.81M	141.89M	158.3M	202.43M	255.5M	325.74M	392.38M	396.91M	384.81M
SG&A % of Revenue	80.61%	75.46%	70.61%	64.85%	61.92%	62.09%	60.84%	57.27%	51.04%	45.59%
Research & Development	38.75M	47.95M	50.94M	67.74M	79.36M	108.57M	160.78M	189.97M	176.78M	173.13M
R&D % of Revenue	35.06%	30.46%	25.35%	27.75%	24.27%	26.38%	30.03%	27.73%	22.73%	20.51%
Other Operating Expenses	-278K	-109K	313K	-336K	0	0	0	0	53.01M	0
Operating Income+	-46.56M	-49.05M	-48.79M	-53.04M	-45.99M	-74.1M	-120.06M	-111.61M	-80.73M	35.03M
Operating Margin %	-42.13%	-31.15%	-24.28%	-21.73%	-14.07%	-18.01%	-22.43%	-16.29%	-10.38%	4.15%
Operating Income Growth %	-59.77%	-5.35%	0.52%	-8.7%	13.28%	-61.1%	-62.03%	7.04%	27.67%	143.4%
EBITDA+	-41.21M	-42.32M	-41.17M	-41.94M	-29.47M	-51.47M	-86.56M	-70.58M	-34.79M	79.93M
EBITDA Margin %	-37.28%	-26.88%	-20.49%	-17.18%	-9.01%	-12.51%	-16.17%	-10.3%	-4.47%	9.47%
EBITDA Growth %	-64.83%	-2.71%	2.74%	-1.88%	29.74%	-74.66%	-68.19%	18.47%	50.7%	329.72%
D&A (Non-Cash Add-back)	5.35M	6.72M	7.63M	11.1M	16.53M	22.63M	33.5M	41.04M	45.94M	44.89M
EBIT	-46.84M	-49.03M	-47.62M	-50.15M	-40.41M	-72.73M	-121.62M	-111.32M	-85.08M	52.42M
Net Interest Income+	-2.52M	131K	775K	-1.71M	-7.38M	-22.68M	-13.93M	-9.17M	-54.52M	10.1M
Interest Income	0	0	0	3.23M	6.01M	1.45M	365K	1.81M	10.18M	21.06M
Interest Expense	2.52M	131K	775K	4.93M	13.39M	24.14M	14.29M	10.98M	64.7M	10.96M
Other Income/Expense	-2.8M	22K	1.09M	-2.04M	-7.81M	-22.76M	-15.85M	-10.69M	-69.05M	6.42M
Pretax Income+	-49.36M	-49.03M	-47.71M	-55.08M	-53.8M	-96.86M	-135.91M	-122.31M	-149.78M	41.45M
Pretax Margin %	-44.66%	-31.14%	-23.74%	-22.56%	-16.46%	-23.54%	-25.39%	-17.85%	-19.26%	4.91%
Income Tax+	496K	-27K	-2.24M	466K	42K	1.99M	10.42M	2.41M	-518K	15.93M
Effective Tax Rate %	101%	99.94%	95.31%	100.85%	100.08%	102.05%	107.67%	101.97%	99.65%	61.58%
Net Income+	-49.86M	-49M	-45.47M	-55.55M	-53.84M	-98.85M	-146.33M	-124.72M	-149.26M	25.53M
Net Margin %	-45.11%	-31.12%	-22.63%	-22.76%	-16.47%	-24.02%	-27.33%	-18.2%	-19.19%	3.02%
Net Income Growth %	-52.81%	1.72%	7.2%	-22.16%	3.06%	-83.58%	-48.04%	14.77%	-19.68%	117.1%
Net Income (Continuing)	-49.86M	-49M	-45.47M	-55.55M	-53.84M	-98.85M	-146.33M	-124.72M	-149.26M	25.53M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-2.02	-1.19	-1.06	-1.20	-1.10	-1.94	-2.65	-2.13	-2.46	0.40
EPS Growth %	-92.38%	41.09%	10.92%	-13.21%	8.33%	-76.36%	-36.6%	19.62%	-15.49%	116.26%
EPS (Basic)	-2.02	-1.19	-1.06	-1.20	-1.10	-1.94	-2.65	-2.13	-2.46	0.41
Diluted Shares Outstanding	24.74M	41.25M	42.95M	46.46M	48.73M	51.04M	55.27M	58.55M	60.76M	63.18M
Basic Shares Outstanding	24.74M	41.25M	42.9M	46.29M	48.73M	51.04M	55.27M	58.55M	60.76M	62.61M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	136.87M	130.23M	173.28M	355.78M	364.6M	473.44M	432.74M	510.31M	634.45M	786.11M
Cash & Short-Term Investments	86.55M	71.93M	90.74M	258.77M	239.57M	312.46M	223.43M	291.45M	383.17M	521.71M
Cash Only	86.55M	53.15M	51.56M	99.56M	123.41M	173.62M	164.58M	207.29M	213.63M	334.69M
Short-Term Investments	0	18.78M	39.18M	159.21M	116.16M	138.84M	58.85M	84.16M	169.54M	187.03M
Accounts Receivable	44.16M	49.15M	73.66M	74.94M	87.93M	111.6M	146.09M	152.04M	164.86M	168.24M
Days Sales Outstanding	145.85	113.96	133.8	112.05	98.16	98.99	99.6	81.01	77.37	72.76
Inventory	0	0	0	12.32M	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	63.27	-	-	-	-	-	-
Other Current Assets	6.15M	9.15M	8.88M	12.32M	17.05M	21.54M	29.97M	66.81M	86.42M	96.16M
Total Non-Current Assets+	93.7M	113.07M	110.86M	203.59M	300.32M	439.69M	863.27M	848.68M	870.9M	865.92M
Property, Plant & Equipment	7.53M	8.09M	8.59M	17.52M	111.65M	120.29M	133.98M	137.23M	94.33M	81.12M
Fixed Asset Turnover	14.67x	19.47x	23.40x	13.93x	2.93x	3.42x	4.00x	4.99x	8.24x	10.40x
Goodwill	74.56M	75.11M	83.16M	88.42M	97.87M	213.6M	515.26M	515.63M	536.35M	575.27M
Intangible Assets	11.38M	8.95M	16.64M	23.95M	28.56M	44.3M	111.59M	101.27M	94.55M	85.72M
Long-Term Investments	0	20.16M	1.1M	44.89M	22.89M	10.12M	34.07M	9.76M	56.17M	37.27M
Other Non-Current Assets	214K	764K	1.36M	1.17M	39.35M	51.37M	68.38M	84.8M	89.5M	86.54M
Total Assets+	230.56M	243.3M	284.14M	559.37M	664.91M	913.12M	1.3B	1.36B	1.51B	1.65B
Asset Turnover	0.48x	0.65x	0.71x	0.44x	0.49x	0.45x	0.41x	0.50x	0.52x	0.51x
Asset Growth %	165.12%	5.53%	16.78%	96.87%	18.87%	37.33%	41.93%	4.86%	10.77%	9.74%
Total Current Liabilities+	115.77M	145.61M	189.49M	234.99M	286.67M	353.73M	468.68M	531.27M	569.79M	630.22M
Accounts Payable	2.04M	4.01M	2.24M	7.05M	6.84M	3.86M	3.52M	10.26M	15.81M	18.91M
Days Payables Outstanding	25.44	36.86	14.37	36.19	27.38	11.59	7.61	17.46	24.9	27.49
Short-Term Debt	0	0	0	0	0	0	0	0	0	45.9M
Deferred Revenue (Current)	87.92M	116.9M	155.81M	189.85M	231.52M	278.58M	372.07M	426.6M	455.5M	461.12M
Other Current Liabilities	1.1M	1.2M	1.71M	707K	119K	0	842K	1.66M	0	0
Current Ratio	1.18x	0.89x	0.91x	1.51x	1.27x	1.34x	0.92x	0.96x	1.11x	1.25x
Quick Ratio	1.18x	0.89x	0.91x	1.46x	1.27x	1.34x	0.92x	0.96x	1.11x	1.25x
Cash Conversion Cycle	-	-	-	139.13	-	-	-	-	-	-
Total Non-Current Liabilities+	46.72M	55.66M	70.5M	237.06M	295.07M	487.85M	953.33M	947.8M	1.05B	1B
Long-Term Debt	0	0	0	174.69M	185.2M	378.59M	812.06M	815.95M	930M	888.36M
Capital Lease Obligations	0	0	0	0	72.29M	75.74M	90.86M	85.95M	81.13M	68.43M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	4.32M	3.5M	1.81M	3.66M	1.35M	2.16M	17.34M	14.86M	10.03M	20.24M
Total Liabilities	162.49M	201.26M	259.98M	472.05M	581.75M	841.59M	1.42B	1.48B	1.62B	1.63B
Total Debt+	0	0	0	174.69M	264.67M	463.94M	912.56M	914.34M	1.02B	1.02B
Net Debt	-86.55M	-53.15M	-51.56M	75.12M	141.26M	290.32M	747.98M	707.05M	810.95M	683.49M
Debt / Equity	-	-	-	2.00x	3.18x	6.49x	-	-	-	57.49x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	12.74x
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	8.55x
Interest Coverage	-18.45x	-374.42x	-62.96x	-10.75x	-3.44x	-3.07x	-8.40x	-10.16x	-1.25x	3.20x
Total Equity+	68.08M	42.04M	24.15M	87.32M	83.17M	71.54M	-126M	-120.07M	-118.18M	17.71M
Equity Growth %	293.04%	-38.25%	-42.54%	261.52%	-4.75%	-13.99%	-276.13%	4.7%	1.58%	114.99%
Book Value per Share	2.75	1.02	0.56	1.88	1.71	1.40	-2.28	-2.05	-1.95	0.28
Total Shareholders' Equity	68.08M	42.04M	24.15M	87.32M	83.17M	71.54M	-126M	-120.07M	-118.18M	17.71M
Common Stock	415K	426K	441K	476K	499K	522K	577K	597K	617K	635K
Retained Earnings	-340.34M	-389.34M	-434.91M	-464.58M	-518.43M	-617.28M	-736.03M	-860.75M	-1.01B	-988.03M
Treasury Stock	-3.53M	-4.39M	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M	-4.76M
Accumulated OCI	-11.68M	-19K	-39K	-31K	213K	454K	-812K	-1.41M	1.34M	-1.21M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.91M	9.11M	13.29M	6.07M	-1.42M	4.89M	53.92M	78.2M	104.28M	171.67M
Operating CF Margin %	-1.73%	5.79%	6.61%	2.49%	-0.43%	1.19%	10.07%	11.42%	13.41%	20.34%
Operating CF Growth %	43.18%	577.82%	45.81%	-54.34%	-123.41%	444.15%	1003.27%	45.05%	33.34%	64.63%
Net Income	-49.86M	-49M	-45.47M	-55.55M	-53.84M	-98.85M	-146.33M	-124.72M	-149.26M	25.53M
Depreciation & Amortization	5.35M	6.72M	7.63M	11.1M	16.53M	22.63M	33.5M	41.04M	45.94M	44.89M
Stock-Based Compensation	10.69M	17.32M	19.54M	27.59M	40.66M	63.89M	102.58M	119.9M	108.08M	107.96M
Deferred Taxes	119K	75K	-2.86M	-69K	-645K	737K	466K	332K	-5.62M	791K
Other Non-Cash Items	2.8M	1.21M	750K	4.82M	11.12M	19.95M	8.64M	2.11M	104.79M	2.94M
Working Capital Changes	28.99M	32.78M	33.7M	18.17M	-15.24M	-3.47M	55.06M	39.54M	351K	-10.45M
Change in Receivables	-18.37M	-6.2M	-25.22M	-1.69M	-14.8M	-24.38M	-25.48M	-9.05M	-14.02M	-5.48M
Change in Inventory	4.8M	-1.39M	5.73M	6.1M	-7.91M	0	0	0	0	0
Change in Payables	-2.3M	1.62M	-2.26M	3.67M	92K	-2.39M	-2.08M	7.98M	5.45M	2.78M
Cash from Investing+	-42.95M	-43.48M	-22.42M	-193.73M	16.81M	-156.29M	-325.38M	-39.99M	-178.75M	-46.52M
Capital Expenditures	-4.14M	-4.5M	-5.99M	-16.08M	-35.52M	-13.8M	-9.01M	-37.53M	-4.37M	-3.42M
CapEx % of Revenue	3.74%	2.86%	2.98%	6.59%	10.86%	3.35%	1.68%	5.48%	0.56%	0.41%
Acquisitions	-38.81M	-1.39M	-14.72M	-14.46M	-14.61M	-125.83M	-358.42M	-300K	-34.84M	-37.3M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	1.39M	-200K	0	0	-6.13M	-9.85M	300K	-15.88M	-13.8M
Cash from Financing+	94.79M	1.16M	7.27M	236.16M	8.79M	200.93M	264.13M	7.42M	79.6M	5.58M
Debt Issued (Net)	-18.79M	-68K	0	196.21M	0	195.1M	278.7M	-12K	73.04M	0
Equity Issued (Net)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	0	0	0	0	0	0	0
Other Financing	0	-5.42M	-1.49M	-2.2M	-6.95M	-9.07M	-28.16M	-7.83M	-7.82M	-5.23M
Net Change in Cash	49.73M	-33.41M	-1.59M	48M	23.85M	50.2M	-9.04M	42.7M	6.34M	128.46M
Free Cash Flow+	-6.04M	4.61M	8.46M	-6.75M	-30.85M	-8.91M	44.91M	57.82M	99.91M	168.25M
FCF Margin %	-5.47%	2.93%	4.21%	-2.76%	-9.44%	-2.17%	8.39%	8.44%	12.85%	19.93%
FCF Growth %	42.11%	176.34%	83.44%	-179.73%	-357.21%	71.1%	603.72%	28.76%	72.79%	68.39%
FCF per Share	-0.24	0.11	0.20	-0.15	-0.63	-0.17	0.81	0.99	1.64	2.66
FCF Conversion (FCF/Net Income)	0.04x	-0.19x	-0.29x	-0.11x	0.03x	-0.05x	-0.37x	-0.63x	-0.70x	6.73x
Interest Paid	1.43M	5K	0	0	2.78M	5.46M	7.34M	6.67M	4.61M	6.36M
Taxes Paid	341K	556K	801K	188K	400K	312K	3.31M	1.57M	1.62M	8.95M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-303.9%	-89%	-137.39%	-99.66%	-63.17%	-127.79%	-	-	-	144.13%
Return on Invested Capital (ROIC)	-	-	-	-58.92%	-17.83%	-18.96%	-18.31%	-13.85%	-9.46%	3.77%
Gross Margin	73.54%	74.77%	71.68%	70.88%	72.12%	70.47%	68.44%	68.71%	70.2%	70.26%
Net Margin	-45.11%	-31.12%	-22.63%	-22.76%	-16.47%	-24.02%	-27.33%	-18.2%	-19.19%	3.02%
Debt / Equity	-	-	-	2.00x	3.18x	6.49x	-	-	-	57.49x
Interest Coverage	-18.45x	-374.42x	-62.96x	-10.75x	-3.44x	-3.07x	-8.40x	-10.16x	-1.25x	3.20x
FCF Conversion	0.04x	-0.19x	-0.29x	-0.11x	0.03x	-0.05x	-0.37x	-0.63x	-0.70x	6.73x
Revenue Growth	43.76%	42.44%	27.63%	21.47%	33.94%	25.86%	30.11%	27.96%	13.52%	8.53%

Rapid7, Inc. (RPD) 10-Year Financial Performance & Capital Metrics

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Revenue History

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Rapid7, Inc. (RPD) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare RPD vs Peers

vs PANW

vs CRWD

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios