Slide 1: Company Overview
Company Overview August 7, 2025 1
Slide 2: Disclaimers
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
Slide 3: Rapid7 Overview
Rapid7 Overview FINANCIAL SCALE GLOBAL SCOPE MASSIVE Opportunity to $54bn+ 11k+ Consolidate SecOps Total Addressable Market Global Customers SubStANTIAL RECURRING 300T+ 60M+ REVENUE BASE $840m 2024 ARR Events Collected & Analyzed by R7 Threat Engine Automation Workflows StRONG CASH FLOW $150m+ 500+ P
Slide 4: Fragmented Attack Surface
IOT The realities of securing a Fragmented Attack Surface CLOUD SAAS NETWORK BYOD Collecting more data, while getting less from it. SERVERS More than 80% of organizations1 are not able to see the majority Security of their attack surface. Focus VMs CONTAINERS Manually integrating without confidence.
Slide 5: Compelling Customer Value Proposition
Compelling Customer Value Proposition Anticipate, Pinpoint, and Act with Confidence Anticipate and prevent Gain control over your Detect and take Deliver tangible ROI breaches with tailored attack surface by action confidently on and outcomes threat-aware risk pinpointing the threats with experts tha
Slide 6: Command Your Attack Surface
Command Your Attack Surface Global Managed Services Exposure Management Detection & Response Detection and Response VULNERABILITY DAST MXDR NEXT-GEN SIEM XDR NEXT-GEN SIEM CDR THREAT INTEL DFIR THREATDFIR INTEL CNAPP VALIDATION Exposure Attack SurfaceCommand Management VM CNAPP ENDPOINT TOGRC CLOUD
Slide 7: Security Operations Platform Consolidation
CSPM Cloud CVA CWPP Security Operations CNAPP VM Platform DSPM GRC Consolidation RISK MANAGEMENT AISPM EASM Exposure Rapid7 offers a broader and MANAGEMENT more comprehensive SecOps Consolidation platform than traditional ASM SecOps competitors ASM consolidation CDR CAASM Detection & response NDR DA
Slide 8: Large Market Opportunity for Security Operations
Large Market Opportunity for Security Operations $ in billions 16% TOTAL $85 Managed Security Services CAGR $54 $25 13% $18 Detection & Response Detection and $21 17% $34 Response Exposure $11 Cloud Security 20% Management $5 $18 2024 15% Risk Management $8 2027 Source: Gartner, “Forecast: Informati
Slide 9: Rapid7 Labs: Global Threat Intelligence Community
Rapid7 Labs: Global Threat Intelligence Community Ingestion Sources Intelligence built into our products & services 01 ● Proprietary research Active Risk for vulnerability prioritization, custom detection ● IR and Rapid7 SOC in MDR, and more ● Commercial threat feeds ● Strategic government and indus
Slide 10: Robust Partner Ecosystem
Robust Partner Ecosystem RESELLERS DISTRIBUTORS MARKETPLACES MSSPs SYSTEM ALLIANCES INTEGRATORS 10
Slide 11: Extensive Partner Integration Ecosystem
Extensive Partner Integration Ecosystem 500+ Platform Integrations 11
Slide 12: Technology Leadership: Industry Analyst Recognition
Technology Leadership: Industry Analyst Recognition Challenger Strong Performer Leader 2024 Magic Quadrant™ The Forrester Wave™: Frost RadarTM : Managed for Security Information Unified Vulnerability Detection and Response, and Event Management Management Solutions, 2025 (SIEM)1 Q3 20252 Major Playe
Slide 13: Rapid7 for Social Good
Rapid7 for Social Good Beyond ESG Employee Engagement & Inclusion Data-driven focus to advance a multi-dimensional workforce, Rapid7 Core Values inclusive culture, and equitable pay. Recognized in Bloomberg Gender Equality Index 2019, 2020, 2021, 2022, and 2023. Bring You Thrive by celebrating indiv
Slide 14: Financial Overview
FINANCIAL OVERVIEW RAPID + + + ' + + + + + + + + + + + + + + + + + + + + + + +
Slide 15: Annual Revenue Growth and Margin Expansion
Annual Revenue Growth and Margin Expansion ● 2024 revenue growth of 9% year-over-year ● Revenue CAGR (2020 - 2024): 20% ● Non-GAAP operating margin scaled to over 19% 15
Slide 16: Annualized Recurring Revenue
Annualized Recurring Revenue ● ARR grew by 3% year-over-year in Q2 2025 ● ARR CAGR of 15% from Q2 2021 to Q2 2025 16
Slide 17: Upsells & Cross-Sells Drive ARR per Customer Growth
Upsells & Cross-Sells Drive ARR per Customer Growth ● ARR per customer was approximately $72K in Q2 2025 ● ARR per customer CAGR of 8% from Q2 2021 to Q2 2025 ARR per customer is based on the new customer count methodology provided at Rapid7’s 2021 Investor Day on March 10, 2021. 17
Slide 18: Focused on Long-term Profitability Improvement
Focused on Long-term Profitability Improvement Expenses and Operating Income as % of Revenue (non-GAAP) Gross Margin (non-GAAP) Sales & Marketing (non-GAAP) Research & Development (non-GAAP) General & Administrative Operating Income (non-GAAP) (non-GAAP) 18
Slide 19: Guidance: Q3 2025 and Full-Year 2025
Guidance: Q3 2025 and Full-Year 2025 Rapid7 anticipates Annualized Recurring Revenue, Revenue, Non-GAAP Income from Operations, Non-GAAP Net Income per Share and Free Cash Flow as follows: Q3 2025 Full Year 2025 Annualized Recurring Revenue $850 to $865m Annualized Recurring Revenue Growth Y/Y 1% to
Slide 20: Supplemental
SUPPLEMENTAL RAPID + + + ' + + + + + + + + + + + + + + + + + + + + + + +
Slide 21: GAAP to Non-GAAP Reconciliations: Q2 2025
GAAP to Non-GAAP Reconciliations: Q2 2025 (Unaudited, in thousands, except share and per share data) 21
Slide 22: GAAP to Non-GAAP Reconciliations: Q2 2024
GAAP to Non-GAAP Reconciliations: Q2 2024 (Unaudited, in thousands, except share and per share data) 22 Note: Certain prior period amounts reflect immaterial corrections; Please refer to the Company's earnings press release dated May 12, 2025 for additional information.
Slide 23: GAAP to Non-GAAP Guidance Reconciliation: Q3 & FY 2025
GAAP to Non-GAAP Guidance Reconciliation: Q3 & FY 2025 1 The anticipated GAAP net loss per share is calculated using basic weighted average shares for periods in which the Company anticipated a GAAP net loss. The anticipated GAAP net income per share is calculated using GAAP diluted weighted average
Slide 24: GAAP to Non-GAAP Guidance Reconciliation: FY 2025
GAAP to Non-GAAP Guidance Reconciliation: FY 2025 (All amounts in millions) 24
Slide 25: End Notes
End Notes Annualized Recurring Revenue (ARR) • Annualized Recurring Revenue (ARR) is defined as the annual value of all recurring revenue related to contracts in place at the end of the period. ARR should be viewed independently of revenue and deferred revenue as ARR is an operating metric and is not
Slide 26: Thank You
RAPID*) THANK YOU \ ow