secwatch.observer — SEC 8-K summary
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Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001560327-25-000032
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 Q1 ARR $837M (+4% YoY); GAAP operating loss; slower start than anticipated
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- ARR $837M (+4% YoY), total revenue $210M (+3% YoY), product subscriptions revenue $204M (+4% YoY).
- GAAP operating loss of $0.1M; non-GAAP operating income $32M; GAAP EPS $0.03, non-GAAP EPS $0.49.
- Free cash flow $25M; net cash from operations $30M.
- Guidance: Q2 ARR $850-880M (1-5% YoY growth), full-year revenue $853-863M (1-2% growth).
- Launched MDR for Enterprise, Breach Protection Warranty up to $1M, Intelligence Hub; added three new board members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000156032725000032/0001560327-25-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000156032725000032/rp-20250512.htm
  HTML page:      https://secwatch.observer/filing/0001560327-25-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer