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Rapid7 delivers solid first quarter but second quarter 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, up 3% year-over-year.
  • Annual recurring revenue for Rapid7 was $837.2 million, up 4% year-over-year with 11,685 customers, up 2%.
  • Rapid7 expanded exposure management capabilities by introducing sensitive data discovery across multi-cloud environments and an AI-powered vulnerability scoring system.
  • For the second quarter, Rapid7 expects adjusted earnings per share of 43-46 cents on revenue of $211-213 million, falling short of analyst expectations.

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