Financial Performance & Guidance - The company's 2024 revenue grew by 9% year-over-year[45] - The company's revenue Compound Annual Growth Rate (CAGR) from 2020 to 2024 was 20%[45] - The company's non-GAAP operating margin scaled to over 19% in 2024[45] - The company's Annual Recurring Revenue (ARR) grew by 3% year-over-year in Q2 2025[47] - The company's ARR Compound Annual Growth Rate (CAGR) from Q2 2021 to Q2 2025 was 15%[47] - The company's ARR per customer was approximately $72,000 in Q2 2025[52] - The company's ARR per customer Compound Annual Growth Rate (CAGR) from Q2 2021 to Q2 2025 was 8%[52] - The company anticipates full year 2025 Annualized Recurring Revenue between $850 million and $865 million, representing a year-over-year growth of 1% to 3%[56] - The company anticipates full year 2025 revenue between $853 million and $863 million, representing a year-over-year growth of 1% to 2%[56] - The company anticipates full year 2025 non-GAAP operating income between $125 million and $135 million[56] Market Opportunity - The Total Addressable Market (TAM) for SecOps is over $54 billion[7] - The Total Addressable Market (TAM) for SecOps is expected to reach $85 billion by 2027[20] - The Total Addressable Market (TAM) for SecOps has a Compound Annual Growth Rate (CAGR) of 16%[20]

Company Overview - Rapid7 has a total addressable market exceeding $54 billion[7] - The company's 2024 free cash flow was over $150 million[7] - Rapid7's threat engine collects and analyzes over 300 trillion events[7] - The company has over 60 patents granted and pending related to AI[7] Market Opportunity - The total market opportunity for Security Operations is projected to reach $85 billion by 2027[20] - Exposure Management is valued at $25 billion in 2024 and is projected to reach $34 billion by 2027, representing a 13% CAGR[20] - Detection and Response is valued at $18 billion in 2024 and is projected to reach $21 billion by 2027, representing a 16% CAGR[20] Financial Performance & Guidance - Rapid7's 2024 revenue grew by 9% year-over-year[44] - The company's revenue CAGR from 2020 to 2024 was 20%[44] - Rapid7 anticipates full year 2025 Annualized Recurring Revenue between $850 million and $880 million, representing a 1% to 5% year-over-year growth[55] - The company anticipates full year 2025 revenue between $853 million and $863 million, representing a 1% to 2% year-over-year growth[55]

Core Insights - Check Point Software Technologies has strengthened its position in Attack Surface Management (ASM) through the acquisition of Cyberint, which is recognized as a top performer in the GigaOm Radar report [1][2] - The integration of Cyberint's ASM expertise into Check Point's External Risk Management solution enhances automated asset discovery and continuous risk monitoring, providing superior attack surface oversight [1][2] - Gartner predicts that by 2026, organizations prioritizing security investments based on continuous exposure management will be three times less likely to experience a breach, underscoring the importance of robust ASM solutions [2] Company Developments - Cyberint's innovative approach to threat intelligence and strong integration capabilities have earned it the status of Outperformer, positioning it for significant market growth [2] - Check Point's External Risk Management solution, part of the Check Point Infinity Platform, offers proactive security capabilities, integrating ongoing asset discovery, advanced threat intelligence, and AI-powered prevention for real-time visibility and automated risk mitigation [2][3] - The company emphasizes its leadership in the ASM space, highlighting the benefits for customers in managing threats related to their assets and simplifying remediation processes [3] Industry Context - The GigaOm Radar for Attack Surface Management evaluated 29 leading ASM solutions, with Cyberint being recognized for its continuous improvement of core features and accurate alerts [2] - The evolving nature of cyber threats necessitates advanced solutions like Check Point's to help organizations stay ahead of adversaries and enhance their security posture [3] - Check Point's platform includes various technologies aimed at securing different aspects of cyber environments, such as cloud, network, and workspace security [5]

Core Insights - Bishop Fox has announced the integration of Jira project management into its Cosmos platform, enhancing vulnerability remediation and management for organizations [1][2][3] - The updated Cosmos platform aims to provide substantial advancements in speed, scalability, and flexibility, allowing for smoother and more rapid responses to security findings [2][5] Company Developments - The integration with Jira complements previous integrations, such as with ServiceNow, to streamline vulnerability management and align with organizational workflows [3][4] - Bishop Fox has been recognized as a Fast Mover in Attack Surface Management (ASM) by GigaOm, receiving "Exceptional" ratings for various aspects of the Cosmos platform [4] Platform Enhancements - Key features of the updated Cosmos platform include complete and consistent data population, real-time alerting, and secure authentication to enhance user experience and security [5][6] - The platform improvements have led to a 90% increase in scan efficiency per asset and a nearly 90% expansion in protocol coverage, providing a broader view of attack surfaces [6] Service Offerings - Bishop Fox continues to innovate with new services, including a fully-managed Application Penetration Testing Service, to improve service delivery and prepare for future offerings [2][5] - The company has a strong track record, having worked with over 25% of the Fortune 100 and consistently receiving accolades for its customer experience [7]