Rapid7 revenue slips 1.5% to $210.9M as it cuts about 12% of staff
Rapid7's Q2 2026 revenue fell 1.5% to $210.9M and ARR fell 2% to $824.0M. The security vendor disclosed a restructuring that affects about 12% of its workforce.
Rapid7's Q2 2026 revenue fell 1.5% to $210.9M and ARR fell 2% to $824.0M. The security vendor disclosed a restructuring that affects about 12% of its workforce. (SEC Form 8-K (Ex. 99.1); Earnings Whispers; ITdaily)
Rapid7 expects $10M-$11M in restructuring charges, mostly severance. It guided full-year 2026 revenue to $837M-$841M and Q3 ARR to about $812M. (SEC Form 8-K (Ex. 99.1); Earnings Whispers; ITdaily)