Rapid7 Announces Fourth Quarter and Full-Year 2024 Financial Results
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Rapid7, Inc. (Nasdaq: RPD) reported its financial results for Q4 and full-year 2024, showing a 4% increase in annualized recurring revenue to $840 million and a 9% rise in full-year revenue to $844 million. The company achieved a GAAP operating income of $35 million and a non-GAAP operating income of $164 million, with a free cash flow of $154 million.
February 12, 2025 | 9:15 pm
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Rapid7 reported a 4% increase in ARR and a 9% increase in full-year revenue for 2024, indicating strong financial performance and potential for long-term growth.
The increase in ARR and revenue suggests strong demand for Rapid7's products, which is a positive indicator for future growth. The company's ability to generate significant operating income and free cash flow further supports a positive outlook.
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