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BOSTON - Rapid7, Inc. (NASDAQ:RPD), a cybersecurity company generating $849 million in annual revenue with healthy gross margins of 71%, announced Tuesday the release of Active Patching, a new automated patching and remediation solution integrated into its Exposure Command platform. According to InvestingPro data, the company is currently profitable and analysts expect net income growth this year.
The new capability, powered by Automox’s Autonomous Endpoint Management platform, aims to help security and IT teams automatically remediate vulnerabilities across exposed endpoints. This product launch comes as Rapid7’s stock trades near its 52-week low, with shares down 42% over the past six months.
Active Patching provides organizations with automated remediation workflows, threat intelligence embedded into findings, and patching coverage across Linux, MacOS, and Windows operating systems and their third-party software.
"The visibility and context Exposure Command delivers is unmatched. It’s not just about seeing where you’re vulnerable, it’s about knowing exactly what to do next," said Craig Adams, chief product officer at Rapid7.
Jason Kikta, CISO and senior vice president of product at Automox, added that the partnership enables "customers to go from identification to remediation in a matter of minutes, dramatically reducing risk while eliminating manual overhead."
The solution addresses challenges posed by traditional patching methods that often leave critical gaps due to delays, complexity, and limited coverage, according to the company’s press release statement.
Features include impact-driven mitigation capabilities that can automate remediation actions across multiple assets simultaneously, actionable risk acceptance through pre-built virtual patching templates, and closed-loop vulnerability management to verify proper mitigation.
Rapid7 serves more than 11,000 global customers with its cybersecurity solutions. With a market capitalization of $1.46 billion and an overall "GOOD" Financial Health score from InvestingPro, the company maintains a strong position in the cybersecurity sector. For deeper insights into Rapid7’s financial metrics and growth potential, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro along with 11 additional actionable ProTips.
In other recent news, Rapid7 reported mixed financial results for the first quarter of fiscal year 2025. The company’s Annual Recurring Revenue (ARR) did not meet market expectations, although its revenue and profitability exceeded forecasts. Rapid7’s Threat Detection and Response division showed mid-teens growth, but the Risk and Exposure Management segment faced challenges. In response to the quarter’s performance, Truist Securities, Stifel, and Piper Sandler all adjusted their price targets for Rapid7 shares, with Truist and Stifel maintaining a Hold rating and Piper Sandler keeping a Neutral rating.
Canaccord Genuity, however, maintained a Buy rating while slightly reducing its price target, citing Rapid7’s sales and platform enhancements as positive factors for future growth. The company also announced the availability of its AI security capabilities in the AWS Marketplace, expanding access to its InsightCloudSec and InsightAppSec solutions. Rapid7’s management acknowledged the macroeconomic challenges impacting ARR and revised its fiscal year guidance downward. Despite these hurdles, there remains optimism regarding the company’s Managed Detection and Response service and the potential for growth in exposure management solutions.
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