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Rapid7
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Updated Aug 31, 2026
Rapid7 reconstitutes board with four resignations, appoints Maria Barrett (retired Army Cyber Command general) and Julian Waits (internal Chief Experience Officer).
On August 27, 2026, four directors departed Rapid7's board simultaneously — Michael Burns, Benjamin Holzman, Thomas Schodorf, and Reeny Sondhi — triggering accelerated vesting and extended cash-compensation payouts through mid-2027. The company elevated Maria Barrett, a retired U.S. Army Lieutenant General with 35+ years in cyber operations and a $2 billion budget track record, and promoted internal Chief Experience Officer Julian Waits to the board. J. Benjamin Nye became Lead Independent Director, replacing Marc Brown. This is a material governance restructuring that signals either planned succession or a response to unspecified dissatisfaction — the filing explicitly states resignations were not due to disagreement, a phrase that appears precisely when a company wants to foreclose inference.
Tone: neutralRevenue
$859.8M
RPD 10-K · FY 2025
Employees
2,613
Revenue FY2024
$844M
Headquarters
Boston, MA
Profile
RPD 10-K Item 1 · Feb 19, 2026Rapid7 is a global cybersecurity operations software and managed services provider serving more than 11,500 customers across 150 countries. The company's Command Platform unifies exposure management, threat detection and response, and AI-driven SOC capabilities into a single integrated platform. Its flagship Managed Threat Complete offering and next-generation SIEM product anchor a portfolio designed to help security teams consolidate fragmented point products.
Read filing description ↓ Collapse description ↑
Rapid7 is a global cybersecurity operations software and service provider on a mission to create a safer digital world by making cybersecurity simpler and more accessible. For twenty-five years, Rapid7 has partnered with customers across the globe representing a diverse range of industries and sizes to improve the efficacy and productivity of their security operations ('SecOps'). In today's rapidly evolving IT environment, customers are encountering escalating challenges due to the widening spectrum of attackers and techniques, including the proliferation of cyberattacks leveraging AI. We empower security professionals to manage a modern attack surface through our best-in-class AI-driven technology, leading-edge research, and broad, strategic expertise. Rapid7's comprehensive security solutions, including our market-leading managed detection and response ('MDR') services, next-gen security information and event management ('SIEM'), and exposure management help our global customers unify exposure management with threat detection and response to prioritize and reduce material risk, and eliminate threats with greater speed, precision, and consistency. We believe that Rapid7 is poised to expand the capabilities of today's SecOps teams through our integrated, open data security operations platform which is powered by our AI enabled detection and response, automation, and exposure management capabilities. Rapid7 enables the Security Operations Center ('SOC') to understand their fragmented attack surface through an attacker's perspective, thereby allowing them to proactively reduce exposures and better detect and respond to threats.
Primary products
- Managed Threat Complete (MTC)
- Incident Command
- Surface Command
- Exposure Command
- Vector Command
- Rapid7 Cloud Security
Business segments
End markets
Geographies
“We primarily compete with established and emerging security product vendors, including the following: large companies that incorporate security products into their products; security platform providers; managed detection and response service providers; XDR and SIEM vendors; cloud security vendors; exposure management vendors; vulnerability risk management vendors; application security vendors; threat intelligence vendors; and legacy security, systems management, MSSPs, and other IT vendors.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Total revenue increased from $844.0 million in 2024 to $859.8 million in 2025, driven primarily by growth in product subscriptions.
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