GURUFOCUS.COM » STOCK LIST » Technology » Software » Rapid7 Inc (NAS:RPD) » Definitions » Retained Earnings

Rapid7 (Rapid7) Retained Earnings : $-1,007.7 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Rapid7 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rapid7's retained earnings for the quarter that ended in Mar. 2024 was $-1,007.7 Mil.

Rapid7's quarterly retained earnings increased from Sep. 2023 ($-1,030.1 Mil) to Dec. 2023 ($-1,010.0 Mil) and increased from Dec. 2023 ($-1,010.0 Mil) to Mar. 2024 ($-1,007.7 Mil).

Rapid7's annual retained earnings declined from Dec. 2021 ($-736.0 Mil) to Dec. 2022 ($-860.7 Mil) and declined from Dec. 2022 ($-860.7 Mil) to Dec. 2023 ($-1,010.0 Mil).


Rapid7 Retained Earnings Historical Data

The historical data trend for Rapid7's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rapid7 Retained Earnings Chart

Rapid7 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -518.43 -617.28 -736.03 -860.75 -1,010.01

Rapid7 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -886.66 -953.44 -1,030.05 -1,010.01 -1,007.75

Rapid7 Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Rapid7  (NAS:RPD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Rapid7 (Rapid7) Business Description

Traded in Other Exchanges
Address
120 Causeway Street, Boston, MA, USA, 02114
Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response, or XDR; security information and event management, or SIEM; cloud security, threat intelligence, and application security; and security orchestration, automation, and response, or SOAR. The Boston-based company went public in 2015.
Executives
Andrew F. Burton officer: Chief Operating Officer 500 UNICORN PARK DRIVE, WOBURN MA 01801
Marc Evan Brown director C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Thomas Corey E. director, officer: President and CEO C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Timothy M Adams officer: Chief Financial Officer 311 ARSENAL STREET, WATERTOWN MA 02472
Thomas E Schodorf director C/O SPLUNK INC, 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Christina Luconi officer: Chief People Officer C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Peter Kaes officer: SVP, General Counsel C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Benjamin Holzman director, 10 percent owner C/O BAIN CAPITAL VENTURES, 335 BRYANT STREET, PALO ALTO CA 94301
Jeffrey Kalowski officer: Chief Financial Officer 10 MAGUIRE ROAD, BUILDING 1, SUITE 125, LEXINGTON MA 02421
Lee David Weiner officer: Chief Product Officer C/O RAPID7, INC., 100 SUMMER STREET, BOSTON MA 02110
Michael J Berry director C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Judy Bruner director C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Reeny Sondhi director C/O RAPID7, INC., 120 CAUSEWAY STREET, BOSTON MA 02114
Christina Kosmowski director C/O RAPID7, INC., 120 CAUSEWAY STREET, BOSTON MA 02114
Timothy P Mcadam director, 10 percent owner, other: May be part of a 13(d) group 250 MIDDLEFIELD RD, MENLO PARK CA 94025