Rapid7 announced its third-quarter 2026 financial results, reporting a slight year-over-year decline in revenue and Annualized Recurring Revenue (ARR). The company highlighted progress in its strategy to focus on its core business and issued guidance for the fourth quarter and full-year 2026.
Key Details
- Q3 2026 Results: Total revenue of $212.4 million (-2.5% YoY), ARR of $819.7 million (-2.2% YoY), and Non-GAAP net income of $0.60 per diluted share.
- Full-Year 2026 Guidance: The company anticipates total revenue between $841 million and $843 million, Non-GAAP net income per share of $1.94 to $1.96, and free cash flow of approximately $130 million.
- Q4 2026 Outlook: Projects ARR of approximately $812 million and total revenue between $208 million and $210 million. Management noted a focus on stabilizing its core business and developing an AI-first service model.