Compared to Estimates, Rapid7 (RPD) Q4 Earnings: A Look at Key Metrics

Core Insights - Rapid7 reported revenue of $216.26 million for the quarter ended December 2024, reflecting a year-over-year increase of 5.4% and a surprise of +1.89% over the Zacks Consensus Estimate of $212.25 million [1] - The company's EPS was $0.48, down from $0.72 in the same quarter last year, resulting in an EPS surprise of -4.00% compared to the consensus estimate of $0.50 [1] Financial Performance Metrics - Annualized recurring revenue (ARR) was reported at $839.82 million, slightly below the average estimate of $839.91 million [4] - The number of customers reached 11,727, exceeding the average estimate of 11,690 [4] - ARR per customer was $71,600, which is lower than the estimated $72,160 [4] - Revenue from professional services was $9.93 million, surpassing the estimate of $8.49 million, but showing a year-over-year decline of -4.9% [4] - Product revenue was $206.33 million, exceeding the average estimate of $203.76 million, with a year-over-year increase of +5.9% [4] - Non-GAAP gross profit from professional services was $3.51 million, above the estimate of $2.27 million [4] - Non-GAAP gross profit from products was $154.40 million, slightly below the average estimate of $155.07 million [4] Stock Performance - Over the past month, Rapid7's shares have returned -4.3%, contrasting with the Zacks S&P 500 composite's +4.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]