Core Insights - Rapid7, Inc. has been recognized as a Leader in the IDC MarketScape: Worldwide Exposure Management 2025 Vendor Assessment, highlighting its strong position in the threat detection and exposure management market [1][7] Company Overview - Rapid7 is focused on creating a safer digital world by simplifying cybersecurity and making it more accessible, serving over 11,000 global customers [6] - The company offers a comprehensive security solution that integrates cloud risk management with threat detection and response [6] Product Highlights - The Command Platform, an AI-powered security operations platform, is central to Rapid7's offerings, providing unified solutions for exposure management and threat detection [2][3] - Exposure Command enables organizations to detect and prioritize exposures across hybrid environments, offering full visibility into their attack surface and risk-based vulnerability prioritization [3][4] Market Positioning - The IDC MarketScape report emphasizes the importance of prioritization for security teams, noting that Rapid7 connects visibility, asset classification, and prioritization effectively [4][7] - Rapid7's capabilities include a normalized view of the attack surface, real-world risk prioritization, accelerated remediation, and scalability to complex environments [7]

Core Insights - Rapid7, Inc. has launched Incident Command, a next-gen SIEM designed to enhance threat detection and response capabilities for security teams [1][3] - The platform integrates attack surface management with threat detection, utilizing Agentic AI workflows to streamline operations and improve efficiency [2][4] Product Features - Incident Command automates triage with an accuracy of 99.93%, saving over 200 SOC hours per week [3][7] - The platform unifies various security functions, including SIEM, SOAR, ASM, and threat intelligence, into a single interface for improved analyst workflows [7] - It offers deep exposure visibility and integrated threat intelligence for actionable insights during threat detection and incident response [7] Market Positioning - Rapid7 aims to differentiate itself in the crowded SIEM market by combining exposure management with threat detection capabilities [4] - The launch aligns with the company's mission to simplify access to security outcomes and enhance the measurable impact of security teams [3] Upcoming Events - Incident Command will be showcased at Black Hat USA on August 6-7, 2025, in Las Vegas [5]

Core Insights - Rapid7, Inc. reported a slower start to 2025 than anticipated but maintains a clear strategy and confidence in long-term opportunities [2] - The company is focusing on investments in Managed Detection and Response (MDR), accelerating Exposure Command adoption, and enhancing its go-to-market strategy to improve Annual Recurring Revenue (ARR) in the latter half of the year [2] Financial Performance - ARR reached $837.2 million, a 4% increase year-over-year [3][4] - Total revenue for Q1 2025 was $210.3 million, up 3% from $205.1 million in Q1 2024 [3][4] - Product subscriptions revenue was $203.9 million, reflecting a 4% increase year-over-year [3][4] - Professional services revenue decreased by 23% to $6.3 million [3] - GAAP net income was $2.1 million, with a net income per share of $0.03 [3][4] Operational Metrics - The number of customers increased to 11,685, a 2% rise from 11,462 in the previous year [3] - ARR per customer grew to $71.6 thousand, up from $70.4 thousand [3] - Free cash flow for the quarter was $24.7 million, down from $27.5 million in Q1 2024 [4][5] Guidance for Future Performance - For Q2 2025, ARR is expected to be between $850 million and $880 million, with year-over-year growth of 1% to 5% [7] - Total revenue guidance for the full year 2025 is projected between $853 million and $863 million, with a similar growth rate of 1% to 2% [7] - Non-GAAP income from operations is anticipated to be between $125 million and $135 million for the full year [7] Recent Business Developments - Rapid7 launched several new products and services, including unified threat-informed remediation and Managed Detection & Response for Enterprise [8] - The company appointed three new members to its Board of Directors to enhance operational efficiency and drive long-term shareholder returns [8] - Plans for expansion in India include opening a global capacity center to serve as a Security Operations Center and innovation hub [8]

Core Insights - Rapid7, Inc. has announced significant enhancements to its Command Platform, focusing on unified threat-informed remediation and AI-assisted automated detection and response, aimed at improving security outcomes for organizations [1][2]. Group 1: Enhancements to Command Platform - The new version of the Command Platform provides security teams with platform-level remediation capabilities across exposure management and threat detection, enhancing visibility and collaboration [1]. - Integrated remediation of vulnerabilities is now available, whether from Rapid7's own scanner or third-party tools, along with AI-powered prioritization for threat investigation [3]. - Active Remediation with Velociraptor allows Rapid7 to act on behalf of customers to remove malicious artifacts, effectively responding to threats before they escalate into incidents [3]. Group 2: Addressing Security Challenges - Security teams are facing an expanding attack surface and a fragmented approach to security tools, necessitating automated remediation across the entire ecosystem [2]. - The enhancements aim to transform exposure and threat remediation processes by proactively identifying and prioritizing critical exposures [2]. Group 3: Key Features of the Command Platform - Unified Vulnerability Management allows organizations to consolidate risk signals across various security tools, enabling better prioritization and streamlined remediation [4]. - Fully Integrated Automation in the Remediation Process reduces administrative overhead and improves communication efficiency, speeding up remediation efforts [4]. - The AI-Powered Triage feature provides security analysts with visibility into AI decision-making, enhancing trust and integration of automation into workflows [4]. Group 4: Financial Protection and Support - The Breach Protection Warranty offers up to $1,000,000 in coverage for Managed Threat Complete (MTC) Ultimate customers, covering expenses related to cyberattacks [4]. - Rapid7's service includes unlimited incident response, simplifying breach response planning and reducing financial complexity for customers [4].