Rapid7, Inc. (RPD) Q2 2026 Earnings Call Transcript

Rapid7, Inc. (RPD) Q2 2026 Earnings Call August 10, 2026 4:30 PM EDT

Company Participants Matthew Wells - Vice President of Investor Relations Corey Thomas - Executive Chairman Rafeal Brown - Chief Financial Officer Wael Mohamed - CEO & Director

Conference Call Participants Robbie Owens - Piper Sandler & Co., Research Division Jonathan Ho - William Blair & Company L.L.C., Research Division Fatima Boolani - Citigroup Inc., Research Division Brian Essex - JPMorgan Chase & Co, Research Division Joseph Gallo - Jefferies LLC, Research Division Meta Marshall - Morgan Stanley, Research Division Adam Tindle - Raymond James & Associates, Inc., Research Division

Operator Good day, everyone. My name is Kahalmani, and I'll be your conference operator today. At this time, I would like to welcome you to the Q2 2026 Rapid7 Earnings Call.

Matthew Wells Vice President of Investor Relations Thank you, operator, and good afternoon, everyone. Today, we will be discussing Rapid7's second quarter fiscal 2026 financial results. We've distributed our earnings press release over the wire, and it can be accessed on our Investor Relations website. With me on the call are Corey Thomas, Executive Chairman; Wael Mohamed, CEO; and Rafe Brown, CFO. As a reminder, all participants are in listen-only mode and a question-and-answer session will follow our opening remarks. Before I hand the call over to Corey, I want to remind everyone that certain statements made during this conference call may be considered forward-looking statements under federal securities laws. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include, among other things, our outlook for the third quarter and full year 2026, our expectations regarding fiscal periods beyond 2026, our transformation and restructuring initiatives, our strategy, priorities and