Rapid7 Q3 2022 Earnings Report
Key Takeaways
Rapid7 announced strong third quarter results with a 24% year-over-year increase in ARR to $684 million and a 26% increase in total revenue to $176 million. The company's focus on delivering effective security solutions and scaling profitability contributed to a non-GAAP operating income of $13 million.
Annualized recurring revenue (ARR) of $684 million, an increase of 24% year-over-year
Total revenue of $176 million, up 26% year-over-year; Products revenue of $166 million, up 27% year-over-year
GAAP operating loss of $23 million; Non-GAAP operating income of $13 million
Total ARR per customer growth of 14% year-over-year
Rapid7
Rapid7
Rapid7 Revenue by Segment
Rapid7 Revenue by Geographic Location
Forward Guidance
Rapid7 anticipates annualized recurring revenue, revenue, non-GAAP income from operations, non-GAAP net income per share and free cash flow to be in the following ranges:
Revenue & Expenses
Visualization of income flow from segment revenue to net income