BOSTON, May 22, 2025 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will be attending the following conferences: The William Blair 45th Annual Growth Stock Conference in Chicago, IL. The presentation is scheduled for Tuesday, June 3, 2025 at 1:20 p.m. Central Time.The Stifel 2025 Cross Sector 1x1 Conference in Boston, MA on June 4, 2025.The Mizuho 2025 Technology Conference in New York, NY on June 10, 2025. The presentation fr ...

Core Insights - Rapid7 reported revenue of $210.25 million for the quarter ended March 2025, reflecting a 2.5% increase year-over-year and a surprise of +1.14% over the Zacks Consensus Estimate of $207.89 million [1] - The company's EPS was $0.49, down from $0.55 in the same quarter last year, but exceeded the consensus estimate of $0.35 by +40.00% [1] Financial Performance Metrics - Annualized recurring revenue (ARR) was reported at $837.22 million, slightly below the average estimate of $840.83 million [4] - The number of customers reached 11,685, surpassing the average estimate of 11,631 [4] - ARR per customer was $71,600, which is lower than the average estimate of $72,342.91 [4] - Revenue from professional services was $6.32 million, below the average estimate of $6.80 million, representing a year-over-year decline of -22.8% [4] - Product revenue was $203.94 million, exceeding the average estimate of $202.25 million, with a year-over-year increase of +3.6% [4] - Non-GAAP gross profit from professional services was $1.74 million, above the average estimate of $1.55 million [4] - Non-GAAP gross profit from products was $155.72 million, compared to the average estimate of $152.07 million [4] Stock Performance - Rapid7 shares have returned +6.7% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Rapid7 (RPD) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this cybersecurity company would post earnings of $0.50 per share when it actually produced earnings of $0.48, delivering a surprise of -4%.Over the last four quarters, the company ha ...

Rapid7 (RPD) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Company Participants Elizabeth Chwalk - Head of Investor RelationsCorey Thomas - Chairman & CEOTim Adams - CFOSaket Kalia - Managing DirectorAaron Samuels - Equity Research AssociateMark Zhang - AVP - Equity ResearchGregg Moskowitz - Managing Director, Enterprise softwareGray Powell - Managing DirectorRoger Boyd - Executive DirectorJoshua Tilton - DirectorAidan Perry - Equity Research AssociateJoseph Gallo - Senior Vice PresidentAdam Borg - Managin ...

Rapid7 (RPD) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Speaker0 Hello, and welcome to the Rapid7 First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference over to Elizabeth Shiwak, Head of Investor Relations at Rapid7. You may begin. Speaker1 Thank you, operator, and good afternoon, everyone. We appreciate you joining us today to dis ...

Company Overview May 12, 2025 1 Disclaimers This presentation also contains estimates and other statistical data made by independent parties and by us relating to market size and growth and other data about our industry. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. Neither we nor any other person makes any representation as to the accuracy or completeness of such data or undertakes any obligation to update such data after the d ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37496 RAPID7, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 35-2423994 (State or other jurisdiction of incorporation or or ...

Revenue Performance - Total revenue for Q1 2025 was $210.3 million, up 3% year-over-year, with product subscriptions revenue at $204 million, also up 4%[3] - Total revenue for Q1 2025 was $210,253,000, a 2.5% increase from $205,101,000 in Q1 2024[38] - Product subscriptions revenue reached $203,935,000, up from $196,918,000 in the same period last year, reflecting a growth of 3.1%[38] - Revenue guidance for full-year 2025 is projected to be between $853 million and $863 million, with a year-over-year growth of 1% to 2%[6] - Rapid7 expects ARR for Q2 2025 to be between $850 million and $880 million, reflecting a year-over-year growth of 1% to 5%[6] Customer Metrics - The number of customers decreased by 2% to 11,462 from 11,685 in the previous year[3] Income and Profitability - Non-GAAP income from operations for Q1 2025 was $32.4 million, down from $40.3 million in Q1 2024[4] - GAAP net income for Q1 2025 was $2.1 million, compared to $1.4 million in Q1 2024, with GAAP net income per share increasing to $0.03 from $0.02[4] - Net income for Q1 2025 was $2,105,000, compared to $1,406,000 in Q1 2024, representing a 49.7% increase[38] - Non-GAAP gross profit for Q1 2025 was $157,460, up from $151,095 in Q1 2024, reflecting a growth of 4.5%[46] - Non-GAAP gross margin improved to 74.9% in Q1 2025 from 73.7% in Q1 2024[46] - Anticipated non-GAAP net income for Q2 2025 is projected to be between $31 million and $33 million[50] - Anticipated non-GAAP net income per share, diluted, for Q2 2025 is expected to be between $0.43 and $0.46[50] Cash Flow and Expenses - Free cash flow for Q1 2025 was $24.7 million, compared to $27.5 million in Q1 2024[4] - Operating expenses for Q1 2025 totaled $150,874,000, an increase from $134,391,000 in Q1 2024, marking a 12.3% rise[38] - The company incurred stock-based compensation expense of $27,151,000 in Q1 2025, compared to $25,745,000 in Q1 2024[41] - Free cash flow for Q1 2025 was $24,677, down from $27,534 in Q1 2024, a decrease of 10.1%[48] - Anticipated free cash flow for full-year 2025 is projected to be between $125 million and $135 million[51] Assets and Liabilities - Cash and cash equivalents at the end of Q1 2025 were $291,462,000, down from $334,686,000 at the end of Q4 2024[36] - Total assets decreased to $1,644,810,000 as of March 31, 2025, from $1,652,034,000 at the end of December 2024[36] - Total liabilities were $1,592,088,000 as of March 31, 2025, compared to $1,634,323,000 at the end of December 2024[36] Product Development and Expansion - In April 2025, Rapid7 launched new products including unified threat-informed remediation and Managed Detection & Response for Enterprise[5] - The company announced plans for expansion in India, including the establishment of a global capacity center[10] Future Outlook - The company anticipates continued growth in cloud-based solutions and is focused on integrating acquired companies to enhance market position[32]

Annualized recurring revenue (“ARR”) of $837 million, an increase of 4% year-over-yearTotal revenue of $210 million, up 3% year-over-year; Product subscriptions revenue of $204 million, up 4% year-over-yearGAAP operating loss of $0.1 million; Non-GAAP operating income of $32 millionNet cash provided by operating activities of $30 million; Free cash flow of $25 million BOSTON, May 12, 2025 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its fina ...

Core Insights - Wall Street analysts forecast that Rapid7 (RPD) will report quarterly earnings of $0.35 per share, reflecting a year-over-year decline of 36.4% and anticipated revenues of $208.45 million, which is an increase of 1.6% compared to the previous year [1] Earnings Estimates - Over the last 30 days, there has been an upward revision of 1.9% in the consensus EPS estimate for the quarter, indicating a collective reconsideration by covering analysts [2] - Changes in earnings estimates are crucial for predicting potential investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts estimate 'Revenue- Professional services' at $6.80 million, a decrease of 16.9% from the prior-year quarter [5] - The average prediction for 'Revenue- Products' is $202.25 million, reflecting an increase of 2.7% from the previous year [5] Key Metrics - The combined assessment suggests 'Annualized recurring revenue' will likely reach $840.83 billion, up from $807.20 billion year-over-year [6] - Analysts project the 'Number of customers' to reach 11,631, compared to 11,462 in the previous year [6] - 'ARR per customer' is expected to be $72,342.91, an increase from $70,400 in the same quarter last year [7] - 'Non-GAAP Gross Profit- Products' is forecasted to be $152.07 million, compared to $148.80 million year-over-year [7] Stock Performance - Over the past month, Rapid7 shares have recorded returns of -0.9%, while the Zacks S&P 500 composite has changed by +11.3% [7] - Based on its Zacks Rank 3 (Hold), RPD is expected to perform in line with the overall market in the upcoming period [7]