Rapid7, Inc.RPDEarnings & Financial Report
Rapid7, Inc. is a leading global cybersecurity company that offers a full portfolio of solutions including vulnerability management, threat detection and response, cloud security, and security analytics. It serves enterprises, SMBs, and public sector entities across industries like tech, healthcare, finance, and manufacturing worldwide, helping clients address and mitigate cyber risks efficiently.
Revenue
$208.0M
Gross Profit
$147.0M
Operating Profit
$5.2M
Net Profit
$6.5M
Gross Margin
70.7%
Operating Margin
2.5%
Net Margin
3.1%
YoY Growth
9.2%
EPS
$0.09
Rapid7, Inc. Q2 FY2024 Financial Summary
Rapid7, Inc. reported revenue of $208.0M (up 9.2% YoY) for Q2 FY2024, with a net profit of $6.5M (up 109.6% YoY) (3.1% margin). Cost of goods sold was $61.0M, operating expenses totaled $141.8M.
Key Financial Metrics
| Total Revenue | $208.0M |
|---|---|
| Net Profit | $6.5M |
| Gross Margin | 70.7% |
| Operating Margin | 2.5% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Rapid7, Inc. Q2 FY2024 revenue of $208.0M breaks down across 2 segments, led by Products at $200.1M (96.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $200.1M | 96.2% |
| Services | $7.9M | 3.8% |
Rapid7, Inc. Revenue by Segment — Quarterly Trend
Rapid7, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Products | — | $209.1M | $210.1M | $208.1M |
| Services | — | $8.2M | $7.8M | $6.1M |
Rapid7, Inc. Annual Revenue by Year
Rapid7, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $859.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $859.8M |
| 2024 | $844.0M |
| 2023 | $777.7M |
| 2022 | $685.1M |
Rapid7, Inc. Quarterly Revenue & Net Profit History
Rapid7, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $209.7M | -0.3% | $1.1M | 0.5% |
| Q4 FY2025 | $217.4M | +0.5% | $3.1M | 1.4% |
| Q3 FY2025 | $218.0M | +1.5% | $9.8M | 4.5% |
| Q2 FY2025 | $214.2M | +3.0% | $8.3M | 3.9% |
| Q1 FY2025 | $210.3M | +2.5% | $2.1M | 1.0% |
| Q4 FY2024 | $216.3M | +5.4% | $2.2M | 1.0% |
| Q3 FY2024 | $214.7M | +8.0% | $15.4M | 7.2% |
| Q2 FY2024 | $208.0M | +9.2% | $6.5M | 3.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $208.0M | $214.7M | $216.3M | $210.3M | $214.2M | $218.0M | $217.4M | $209.7M |
| YoY Growth | 9.2% | 8.0% | 5.4% | 2.5% | 3.0% | 1.5% | 0.5% | -0.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.53B | $1.57B | $1.65B | $1.64B | $1.65B | $1.67B | $1.73B | $1.72B |
| Liabilities | $1.58B | $1.58B | $1.63B | $1.59B | $1.56B | $1.54B | $1.57B | $1.54B |
| Equity | $-52.6M | $-5.1M | $17.7M | $52.7M | $90.4M | $127.2M | $154.7M | $174.8M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $32.9M | $44.0M | $63.8M | $29.8M | $47.5M | $39.0M | $37.6M | $39.8M |