Company Overview November 4, 2025 1 Disclaimers This presentation contains forward-looking statements. All statements contained in this presentation other than statements of historical facts, including, without limitation, statements regarding our market opportunity, demand for our product and service offerings, expectations regarding our annualized recurring revenue (ARR), free cash flow, and our other non-GAAP measures, our business strategy, plans and objectives for future operations and expectations reg ...

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]