The earnings call presented a mixed picture for Rapid7. While the company exceeded revenue and operating income expectations, driven by strong growth in the Detection and Response segment and international markets, it faced challenges with ARR growth and the Risk and Exposure Management business. The macroeconomic environment contributed to increased customer caution and extended deal cycles, leading to adjusted guidance for the full year.

Company Guidance -

Q2 2025

During Rapid7's Q1 2025 earnings call, the company provided financial guidance for the second quarter and full fiscal year 2025. The company reported an ARR of $837 million, a 4% year-over-year increase, despite some challenges. Revenue for the first quarter was $210 million, surpassing expectations, with product revenue growing by 4% to $204 million. Operating income for the quarter was $32 million, and adjusted EBITDA was $39 million. Rapid7 adjusted its full-year ARR guidance to a range of $850 million to $880 million, reflecting 1% to 5% growth, and maintained its operating income outlook of $125 million to $135 million. For Q2, the company expects revenue between $211 million and $213 million, with non-GAAP operating income projected between $30 million and $32 million. The company anticipates non-GAAP net income per share of $1.78 to $1.91 for the full year, based on approximately 76.7 million diluted weighted average shares.

Revenue and Operating Income Exceed Expectations

Rapid7 ended the first quarter with revenue and operating income above guidance ranges, achieving $210 million in revenue, a 3% year-over-year growth.

Detection and Response Business Growth

Detection and Response (D&R) continued as the core growth driver with over half of total ARR and mid-teens growth. This segment maintained strong customer demand and expanded its market opportunity.

International Revenue Growth

International revenue grew by 10% year-over-year, representing 25% of total revenue, demonstrating strong demand outside the U.S.

Profitability and Free Cash Flow

Rapid7 demonstrated strong operational discipline with $32 million in operating income and $25 million in free cash flow generation during Q1.

Rapid7 (RPD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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RPD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 07, 2025	2025 (Q2)	0.44 / -	0.58	―	―	―
May 12, 2025	2025 (Q1)	0.34 / 0.49	0.55	-10.91% (-0.06)
Feb 12, 2025	2024 (Q4)	0.50 / 0.48	0.72	-33.33% (-0.24)
Nov 06, 2024	2024 (Q3)	0.52 / 0.66	0.5	32.00% (+0.16)
Aug 06, 2024	2024 (Q2)	0.53 / 0.58	0.18	222.22% (+0.40)
May 07, 2024	2024 (Q1)	0.54 / 0.55	0.16	243.75% (+0.39)
Feb 07, 2024	2023 (Q4)	0.48 / 0.72	0.35	105.71% (+0.37)
Nov 01, 2023	2023 (Q3)	0.42 / 0.50	0.14	257.14% (+0.36)
Aug 08, 2023	2023 (Q2)	0.11 / 0.18	-0.01	1900.00% (+0.19)
May 09, 2023	2023 (Q1)	0.09 / 0.16	-0.16	200.00% (+0.32)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RPD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 12, 2025	$26.74	$24.56	-8.15%
Feb 12, 2025	$36.79	$34.82	-5.35%
Nov 06, 2024	$41.60	$41.28	-0.77%
Aug 06, 2024	$33.02	$36.30	+9.93%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.