Rapid7 Inc. (RPD) Financial Statements (2024 and earlier)

Company Profile

Business Address 120 CAUSEWAY STREET
BOSTON, MA 02114
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments291,449223,432312,456239,571258,77590,740
Cash and cash equivalents207,287164,582173,617123,41399,56551,562
Short-term investments84,16258,850138,839116,158159,21039,178
Deferred costs34,90629,97421,53617,04712,321 
Other undisclosed current assets183,952179,330139,443107,97884,68182,538
Total current assets:510,307432,736473,435364,596355,777173,278
Noncurrent Assets
Operating lease, right-of-use asset79,34283,75167,17860,984
Property, plant and equipment57,89150,22553,11450,67017,5238,589
Long-term investments and receivables9,75634,06810,12422,88744,8921,102
Long-term investments9,75634,06810,12422,88744,8921,102
Intangible assets, net (including goodwill)616,900626,849257,897126,427112,37599,804
Goodwill515,631515,258213,60197,86688,42083,164
Intangible assets, net (excluding goodwill)101,269111,59144,29628,56123,95516,640
Deferred costs68,16957,19143,10334,21327,634 
Other noncurrent assets      
Other undisclosed noncurrent assets 16,62611,1918,2715,1361,1681,363
Total noncurrent assets:848,684863,275439,687300,317203,592110,858
TOTAL ASSETS:1,358,9911,296,011913,122664,913559,369284,136
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities90,56186,14165,53747,85744,42431,968
Accounts payable10,2553,5213,8606,8367,0482,240
Accrued liabilities80,30682,62061,67741,02137,37629,728
Deferred revenue426,599372,067278,585231,518
Debt    7,179  
Other liabilities1,663842 1197071,706
Deferred revenue and credits155,811
Contract with customer, liability189,855
Other undisclosed current liabilities12,4449,6309,612   
Total current liabilities:531,267468,680353,734286,673234,986189,485
Noncurrent Liabilities
Long-term debt and lease obligation815,948902,928454,323257,494174,688 
Long-term debt, excluding current maturities815,948812,063378,586185,200174,688 
Liabilities, other than long-term debt131,85050,39833,52937,57862,37670,498
Deferred revenue and credits68,689
Deferred revenue31,04033,05631,36536,226
Contract with customer, liability58,716
Other liabilities14,86417,3422,1641,3523,6601,809
Operating lease, liability85,94690,86575,73772,294
Total noncurrent liabilities:947,798953,326487,852295,072237,06470,498
Total liabilities:1,479,0651,422,006841,586581,745472,050259,983
Equity
Equity, attributable to parent(120,074)(125,995)71,53683,16887,31924,153
Common stock597577522499476441
Treasury stock, value(4,764)(4,764)(4,764)(4,764)(4,764)(4,764)
Additional paid in capital746,249615,032692,603605,650556,223463,428
Accumulated other comprehensive income (loss)(1,411)(812)454213(31)(39)
Accumulated deficit(860,745)(736,028)(617,279)(518,430)(464,585)(434,913)
Total equity:(120,074)(125,995)71,53683,16887,31924,153
TOTAL LIABILITIES AND EQUITY:1,358,9911,296,011913,122664,913559,369284,136

Income Statement (P&L) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues685,083535,404411,486326,947244,091200,940
Revenue, net37,924
Cost of revenue(214,349)(168,948)(121,517)(91,146)(71,083)(56,910)
Cost of goods and services sold(214,349)(168,948)(121,517)(91,146)(71,083)(23,836)
Gross profit:470,734366,456289,969235,801173,008144,030
Operating expenses(582,348)(486,521)(364,068)(281,796)(226,046)(192,824)
Operating loss:(111,614)(120,065)(74,099)(45,995)(53,038)(48,794)
Nonoperating income (expense)291(1,556)1,3735,5812,893313
Investment income, nonoperating1,8133651,4546,0143,229 
Other nonoperating income (expense)(1,522)(1,921)(81)(433)(336)313
Interest and debt expense(10,982)(14,292)(24,137)(13,389)(4,934) 
Loss from continuing operations before equity method investments, income taxes:(122,305)(135,913)(96,863)(53,803)(55,079)(48,481)
Other undisclosed income from continuing operations before income taxes      775
Loss from continuing operations before income taxes:(122,305)(135,913)(96,863)(53,803)(55,079)(47,706)
Income tax expense (benefit)(2,412)(10,421)(1,986)(42)(466)2,236
Loss from continuing operations:(124,717)(146,334)(98,849)(53,845)(55,545)(45,470)
Loss before gain (loss) on sale of properties:(146,334)(98,849)(53,845)(55,545)(45,470)
Net loss available to common stockholders, diluted:(124,717)(146,334)(98,849)(53,845)(55,545)(45,470)

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(124,717)(146,334)(98,849)(53,845)(55,545)(45,470)
Other comprehensive income (loss)(599)(1,266)241   
Comprehensive loss:(125,316)(147,600)(98,608)(53,845)(55,545)(45,470)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    2448(20)
Comprehensive loss, net of tax, attributable to parent:(125,316)(147,600)(98,608)(53,601)(55,537)(45,490)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: