Rapid7, Inc. (RPD) Earnings Call Transcripts
Rapid7, Inc.'s Latest Earnings Call - May 20, 2026
In the first quarter of fiscal year 2026, Rapid7, Inc. reported revenue of $150 million, a 10% increase year-over-year, and a non-GAAP EPS of $0.25, exceeding analyst expectations by $0.05. The company highlighted a significant shift in the cybersecurity landscape, driven by AI advancements, which has led to increased demand for their detection and response (D&R) and exposure management services. Management maintained their full-year revenue guidance of $600 million, indicating confidence in their growth trajectory despite ongoing challenges in the non-core business segment.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $150M (beat) |
| EPS | $0.25 (beat) |
| Full-Year Revenue Guidance | $600M (inline) |
| Core Business Growth | 2% growth (positive) |
| Non-Core ARR Decline | declined sequentially (negative) |
| Operating Margin | 15% (positive) |
Guidance from management
Management maintained their full-year revenue guidance at $600 million, indicating confidence in the core business growth despite challenges in the non-core segment.
What management said
Yes, and lots of revenue. Great technology, but they were just going -- like they had a couple of nice really marque customers that [indiscernible] scale, but it wasn't substantial revenue deal.
What analysts pressed on
Analysts expressed concerns about the ongoing challenges in the non-core business and its impact on overall growth. There were also questions regarding how management plans to balance growth with profitability amid tightening security budgets.
Main topics on the call
- Shift in Cybersecurity Landscape — Corey Thomas noted that 'attackers have been adopting AI technology,' leading to faster and more sophisticated attacks. This has prompted customers to upgrade their capabilities, creating a tailwind for Rapid7's managed ...
- Growth in Core Business — Management reported that the core business, primarily D&R and exposure management, is growing and is expected to continue doing so. They emphasized, 'the #1 thing that we can actually do to grow and accelerate is in the ...
- Impact of Kenzo Acquisition — The acquisition of Kenzo is expected to enhance Rapid7's AI capabilities in monitoring environments at scale. Corey stated, 'This removes that cap' on their total addressable market (TAM) for MDR services, which is seen ...
- Challenges in Non-Core Business — Management acknowledged that the non-core business is facing headwinds, contributing to a sequential decline in annual recurring revenue (ARR). Rafe Brown mentioned, 'we want to make sure we're really clear on how they'r...
Read the full Rapid7, Inc. transcript (May 20, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Rapid7, Inc.
Rapid7, Inc. (RPD) is a publicly listed company in the Software industry, within the Information Technology sector. It trades and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 41 calls on record spanning February 10, 2020 to August 10, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 41 Rapid7, Inc. earnings call transcripts on record, spanning February 10, 2020 to August 10, 2026. Based on this history, Rapid7, Inc. reports quarterly. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- RPD
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 41
- First call
- February 10, 2020
- Most recent
- August 10, 2026
- Reporting cadence
- quarterly