Rapid7 reports Q1 2026 revenue of $210M with strong AI-driven cybersecurity growth and positive cash flow.

Rapid7 announced its Q1 2026 financial results, reporting total revenue of $210 million and annualized recurring revenue of $832 million, slightly down year-over-year. Despite a small GAAP operating loss, the company posted a non-GAAP operating income of $24 million and generated $33 million in free cash flow, reflecting strong operational cash generation. Rapid7 emphasized its strategic focus on AI-powered security operations and recent acquisition of Kenzo Security to enhance its managed detection and response services. The company provided guidance for Q2 and full-year 2026, expecting slight revenue declines but continued profitability and cash flow growth, positioning it well amid rising cybersecurity threats.