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Rapid7 delivers solid first quarter but outlook falls short

  • Rapid7 reported beats in its fiscal 2025 first quarter with diluted adjusted earnings per share of 49 cents and revenue of $210.3 million, exceeding analyst expectations.
  • The company ended the quarter with $837.2 million in annual recurring revenue and 11,685 customers, showing steady growth in its financial metrics.
  • Rapid7 introduced enhancements like sensitive data discovery across multicloud environments and an AI-powered vulnerability scoring system to improve security capabilities.
  • However, Rapid7's second-quarter revenue outlook of $211 million to $213 million fell short of analyst expectations, leading to a slight disappointment in the market.

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