Rapid7 Q4 2024 Earnings Report
Key Takeaways
Rapid7 reported a 4% year-over-year increase in ARR to $840 million and a 5% year-over-year increase in total revenue to $216.3 million for Q4 2024. The company also achieved significant free cash flow and continued to advance its strategic priorities.
ARR reached $840 million, a 4% increase year-over-year.
Total revenue increased by 5% year-over-year to $216.3 million.
Momentum in Managed Detection and Response (MDR) and the launch of Exposure Command platform strengthened the company's ability to deliver value.
The company is focused on accelerating growth, deepening customer engagement, and driving innovation in 2025.
Rapid7
Rapid7
Rapid7 Revenue by Segment
Rapid7 Revenue by Geographic Location
Forward Guidance
Rapid7 anticipates for Q1 2025 revenue between $207 million and $209 million, and for the full year 2025 revenue between $860 million and $870 million.
Positive Outlook
- ARR between $870 million and $890 million for Q1 2025.
- Year-over-year ARR growth of 4% to 6% for Q1 2025.
- Revenue between $207 million and $209 million for Q1 2025.
- Revenue between $860 million and $870 million for FY 2025.
- Free cash flow approximately $135 million for FY 2025.
Challenges Ahead
- Year-over-year revenue growth of 1% to 2% for Q1 2025.
- Year-over-year revenue growth of 2% to 3% for FY 2025.
- Non-GAAP income from operations between $23 million and $25 million for Q1 2025.
- Non-GAAP income from operations between $125 million and $135 million for FY 2025.
- The guidance does not reflect any items that are unknown at this time, including, but not limited to, non-ordinary course litigation-related expenses, which we are not able to predict without unreasonable effort due to their inherent uncertainty.