NASDAQ$RPD
Rapid7 Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Rapid7 reported a 5% increase in total revenue for the fourth quarter of 2024, reaching $216.26 million, with product subscriptions revenue growing by 6% to $206.33 million.
Rapid7 concluded 2024 with strong financial performance, achieving $840 million in ARR and over $150 million in free cash flow. The company's strategic focus on innovation, scaling, and customer consolidation contributed to its success, with notable momentum in Managed Detection and Response and the launch of the Exposure Command platform.
- Annualized recurring revenue (ARR) increased by 4% year-over-year to $840 million.
- Total revenue for Q4 2024 was $216.26 million, a 5% increase year-over-year.
- Product subscriptions revenue grew by 6% year-over-year to $206.33 million.
- Full-year GAAP operating income was $35 million, and full-year non-GAAP operating income was $164 million.
Headline financials
Revenue & EPS history
Rapid7 · Revenue · Quarterly
$216M
Revenue by segment
Rapid7 · $199M total across 2 segments · Q3 2023
- Product subscriptions$190M+14.0%95.5%
- Professional services$8.97M-3.3%4.5%
Forward guidance
Rapid7 anticipates continued growth in ARR, revenue, non-GAAP income from operations, and non-GAAP net income per share for both the first quarter and full-year 2025, with free cash flow expected to be approximately $135 million for the full year.
Tailwinds
- Anticipated ARR for full-year 2025 is between $870 million and $890 million, indicating continued growth.
- Full-year 2025 revenue is projected to be between $860 million and $870 million, representing a 2% to 3% year-over-year growth.
- Non-GAAP income from operations for full-year 2025 is expected to be between $125 million and $135 million.
- Non-GAAP net income per share for full-year 2025 is anticipated to be between $1.72 and $1.85.
- Free cash flow for full-year 2025 is estimated at approximately $135 million, demonstrating strong cash generation.
Headwinds
- First quarter 2025 revenue growth is projected to be modest, between 1% and 2% year-over-year.
- Anticipated GAAP loss from operations for Q1 2025 is between -$10 million and -$8 million.
- Anticipated GAAP net loss for Q1 2025 is between -$11 million and -$9 million.
- Anticipated GAAP net loss per share for Q1 2025 is between -$0.15 and -$0.12.
- The guidance does not include any potential impact of foreign exchange gains or losses, which could affect actual results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
-0.9%
Avg return
Earnings day
-1.9%
Avg return
5 days after
-1.0%
Avg return
30 days after
50%
22 / 44 earnings
Positive
+13.7%
Q4 2015
Best reaction
-29.0%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.1% | -4.8% | +12.4% | |
| Q4 2025 | -29.0% | -30.9% | -34.4% | |
| Q3 2025 | -20.1% | -21.1% | -10.3% | |
| Q1 2025 | -8.2% | -11.3% | -11.3% | |
| Q4 2024 | -5.4% | -7.1% | -23.9% | |
| Q3 2024 | +2.9% | +3.2% | +8.4% | |
| Q2 2024 | +8.6% | +8.1% | +8.2% | |
| Q1 2024 | -17.8% | -18.1% | -22.1% | |
| Q4 2023 | +2.7% | +6.6% | -5.7% | |
| Q3 2023 | +1.4% | +5.6% | +20.6% | |
| Q2 2023 | +9.1% | +20.7% | +16.6% | |
| Q1 2023 | -2.9% | -5.4% | -3.2% | |
| Q4 2022 | -0.5% | -1.9% | -17.9% | |
| Q3 2022 | -27.8% | -35.9% | -24.9% | |
| Q2 2022 | -0.8% | -1.6% | -21.2% | |
| Q1 2022 | -17.2% | -29.6% | -23.8% | |
| Q4 2021 | +1.7% | -1.6% | +4.4% | |
| Q3 2021 | +10.8% | +13.9% | -7.1% | |
| Q2 2021 | -1.4% | -1.8% | +8.3% | |
| Q1 2021 | -1.4% | +3.3% | +8.8% | |
| Q4 2020 | +0.8% | -1.4% | -10.1% | |
| Q3 2020 | +7.4% | +8.1% | +15.9% | |
| Q2 2020 | -2.7% | -6.4% | +0.6% | |
| Q1 2020 | +2.2% | -0.9% | +4.5% | |
| Q4 2019 | -6.2% | -8.5% | -32.0% | |
| Q3 2019 | -0.3% | +1.5% | +6.8% | |
| Q2 2019 | -4.5% | -8.6% | -11.5% | |
| Q1 2019 | +0.0% | +0.7% | -0.4% | |
| Q4 2018 | +10.1% | +14.0% | +11.5% | |
| Q3 2018 | +8.6% | +1.6% | -4.6% | |
| Q2 2018 | +13.0% | +10.4% | +28.9% | |
| Q1 2018 | +2.0% | -0.3% | +2.9% | |
| Q4 2017 | -1.6% | +1.9% | +13.0% | |
| Q3 2017 | +7.4% | +5.3% | +4.7% | |
| Q2 2017 | +0.1% | +3.3% | +12.9% | |
| Q1 2017 | +4.8% | +1.7% | -0.2% | |
| Q4 2016 | +10.8% | +20.3% | +17.1% | |
| Q3 2016 | -16.6% | -15.5% | -7.4% | |
| Q2 2016 | +8.8% | +8.8% | +27.4% | |
| Q1 2016 | -4.5% | — | — | |
| Q4 2015 | +13.7% | — | — | |
| Q3 2014 | -3.3% | — | — | |
| Q3 2015 | -5.3% | — | — | |
| Q2 2015 | +7.9% | — | — | |
| Q4 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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