Rapid7 (RPD) Company presentation summary

Market opportunity and business scale

• Addressable market estimated at over $52 billion, with a 16% CAGR projected to reach $97 billion by 2029 across security operations, managed detection and response, SIEM, vulnerability management, and cloud security segments.

• Over 11,500 global customers and a substantial recurring revenue base, with 2025 ARR at $840 million and free cash flow exceeding $130 million.

• Platform integrates more than 500 third-party solutions and supports over 60 million automation workflows.

• Holds more than 80 patents related to AI, emphasizing technology leadership.

Product and technology leadership

• Focus on preemptive, AI-driven managed detection and response, integrating exposure, detection, and response to disrupt attackers.

• Command platform offers capabilities in exposure management, detection, response, automation, and remediation, with a data mesh architecture for contextualized threat analysis.

• Rapid7 Labs delivers global threat intelligence, leveraging proprietary research, open-source tools, and AI/ML for vulnerability prioritization and detection.

• Recognized as a leader or strong performer by Gartner, Forrester, Frost & Sullivan, and IDC in multiple security categories.

Financial performance and guidance

• ARR reached $832 million in Q1 2026, with a 7% CAGR from Q1 2022 to Q1 2026.

• ARR per customer was approximately $72K in Q1 2026, growing at a 5% CAGR since Q1 2022.

• Non-GAAP gross margin remained stable at 74% in 2025, with operating income margin improving to 7%.

• Q2 2026 revenue guidance is $207–$209 million, with non-GAAP operating income of $24–$26 million; full-year 2026 revenue guidance is $836–$842 million, with free cash flow of $125–$135 million.