Rapid7 posts Q3 2026 earnings beat and raises full‑year EPS guidance

Rapid7 reported third‑quarter 2026 revenue of $212.4 million, a 2.5% year‑over‑year decline but 1.6% above analysts’ estimates. Adjusted earnings per share came in at $0.60, topping forecasts by about 30%. The company lifted its full‑year adjusted EPS outlook to $1.95 and gave Q4 revenue guidance of $209 million, in line with expectations. It also announced a target of $130 million in free cash flow for 2026 and plans to launch its first generally available autonomous SOC around RSAC 2027.

The earnings beat and higher EPS guidance suggest stronger profitability than the market expected, which could support the recent share price rally. The free‑cash‑flow target signals the firm’s focus on cash generation, a key metric for investors evaluating growth‑stage tech companies.

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