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Side-by-side financial comparison of HCI Group, Inc. (HCI) and Rapid7, Inc. (RPD). Click either name above to swap in a different company.

HCI Group, Inc. is the larger business by last-quarter revenue ($242.9M vs $209.7M, roughly 1.2× Rapid7, Inc.). HCI Group, Inc. runs the higher net margin — 35.0% vs 0.5%, a 34.5% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (12.2% vs -0.3%). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (8.5% CAGR vs 0.4%).

HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.

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.

HCI vs RPD — Head-to-Head

Bigger by revenue
HCI
HCI
1.2× larger
HCI
$242.9M
$209.7M
RPD
Growing faster (revenue YoY)
HCI
HCI
+12.5% gap
HCI
12.2%
-0.3%
RPD
Higher net margin
HCI
HCI
34.5% more per $
HCI
35.0%
0.5%
RPD
Faster 2-yr revenue CAGR
HCI
HCI
Annualised
HCI
8.5%
0.4%
RPD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HCI
HCI
RPD
RPD
Revenue
$242.9M
$209.7M
Net Profit
$85.0M
$1.1M
Gross Margin
69.1%
Operating Margin
30.6%
Net Margin
35.0%
0.5%
Revenue YoY
12.2%
-0.3%
Net Profit YoY
14.6%
-66.7%
EPS (diluted)
$5.45
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HCI
HCI
RPD
RPD
Q1 26
$242.9M
$209.7M
Q4 25
$246.2M
$217.4M
Q3 25
$216.3M
$218.0M
Q2 25
$221.9M
$214.2M
Q1 25
$216.4M
$210.3M
Q4 24
$161.9M
$216.3M
Q3 24
$175.3M
$214.7M
Q2 24
$206.2M
$208.0M
Net Profit
HCI
HCI
RPD
RPD
Q1 26
$85.0M
$1.1M
Q4 25
$97.7M
$3.1M
Q3 25
$65.5M
$9.8M
Q2 25
$66.2M
$8.3M
Q1 25
$69.7M
$2.1M
Q4 24
$2.6M
$2.2M
Q3 24
$5.7M
$15.4M
Q2 24
$54.1M
$6.5M
Gross Margin
HCI
HCI
RPD
RPD
Q1 26
69.1%
Q4 25
68.9%
Q3 25
70.2%
Q2 25
70.6%
Q1 25
71.7%
Q4 24
69.5%
Q3 24
70.6%
Q2 24
70.7%
Operating Margin
HCI
HCI
RPD
RPD
Q1 26
30.6%
Q4 25
58.5%
1.0%
Q3 25
41.9%
2.7%
Q2 25
42.5%
1.6%
Q1 25
46.4%
-0.0%
Q4 24
3.6%
3.4%
Q3 24
8.0%
6.0%
Q2 24
36.9%
2.5%
Net Margin
HCI
HCI
RPD
RPD
Q1 26
35.0%
0.5%
Q4 25
39.7%
1.4%
Q3 25
30.3%
4.5%
Q2 25
29.8%
3.9%
Q1 25
32.2%
1.0%
Q4 24
1.6%
1.0%
Q3 24
3.2%
7.2%
Q2 24
26.2%
3.1%
EPS (diluted)
HCI
HCI
RPD
RPD
Q1 26
$5.45
$0.02
Q4 25
$7.29
$0.05
Q3 25
$4.90
$0.15
Q2 25
$5.18
$0.13
Q1 25
$5.35
$0.03
Q4 24
$0.32
$0.08
Q3 24
$0.52
$0.21
Q2 24
$4.24
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCI
HCI
RPD
RPD
Cash + ST InvestmentsLiquidity on hand
$1.0B
$670.3M
Total DebtLower is stronger
$31.7M
Stockholders' EquityBook value
$1.1B
$174.8M
Total Assets
$2.6B
$1.7B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCI
HCI
RPD
RPD
Q1 26
$1.0B
$670.3M
Q4 25
$1.2B
$474.7M
Q3 25
$987.9M
$407.1M
Q2 25
$947.2M
$511.7M
Q1 25
$754.5M
$493.5M
Q4 24
$532.5M
$521.7M
Q3 24
$518.8M
$443.7M
Q2 24
$445.8M
$442.6M
Total Debt
HCI
HCI
RPD
RPD
Q1 26
$31.7M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HCI
HCI
RPD
RPD
Q1 26
$1.1B
$174.8M
Q4 25
$1.0B
$154.7M
Q3 25
$821.8M
$127.2M
Q2 25
$758.6M
$90.4M
Q1 25
$522.7M
$52.7M
Q4 24
$453.3M
$17.7M
Q3 24
$455.3M
$-5.1M
Q2 24
$447.3M
$-52.6M
Total Assets
HCI
HCI
RPD
RPD
Q1 26
$2.6B
$1.7B
Q4 25
$2.5B
$1.7B
Q3 25
$2.3B
$1.7B
Q2 25
$2.4B
$1.6B
Q1 25
$2.3B
$1.6B
Q4 24
$2.2B
$1.7B
Q3 24
$2.0B
$1.6B
Q2 24
$1.9B
$1.5B
Debt / Equity
HCI
HCI
RPD
RPD
Q1 26
0.03×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCI
HCI
RPD
RPD
Operating Cash FlowLast quarter
$39.8M
Free Cash FlowOCF − Capex
$125.0M
FCF MarginFCF / Revenue
59.6%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
35.24×
TTM Free Cash FlowTrailing 4 quarters
$242.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCI
HCI
RPD
RPD
Q1 26
$39.8M
Q4 25
$444.4M
$37.6M
Q3 25
$26.7M
$39.0M
Q2 25
$145.0M
$47.5M
Q1 25
$162.0M
$29.8M
Q4 24
$331.8M
$63.8M
Q3 24
$104.1M
$44.0M
Q2 24
$-29.0M
$32.9M
Free Cash Flow
HCI
HCI
RPD
RPD
Q1 26
$125.0M
Q4 25
$440.8M
$36.4M
Q3 25
$25.9M
$34.8M
Q2 25
$144.5M
$46.6M
Q1 25
$160.3M
$28.4M
Q4 24
$327.8M
$62.6M
Q3 24
$103.2M
$42.6M
Q2 24
$-30.1M
$32.6M
FCF Margin
HCI
HCI
RPD
RPD
Q1 26
59.6%
Q4 25
179.0%
16.8%
Q3 25
12.0%
16.0%
Q2 25
65.1%
21.8%
Q1 25
74.1%
13.5%
Q4 24
202.5%
28.9%
Q3 24
58.9%
19.9%
Q2 24
-14.6%
15.7%
Capex Intensity
HCI
HCI
RPD
RPD
Q1 26
Q4 25
1.5%
0.5%
Q3 25
0.4%
1.9%
Q2 25
0.2%
0.4%
Q1 25
0.8%
0.6%
Q4 24
2.5%
0.5%
Q3 24
0.5%
0.6%
Q2 24
0.5%
0.1%
Cash Conversion
HCI
HCI
RPD
RPD
Q1 26
35.24×
Q4 25
4.55×
12.01×
Q3 25
0.41×
3.97×
Q2 25
2.19×
5.70×
Q1 25
2.32×
14.14×
Q4 24
128.41×
29.36×
Q3 24
18.33×
2.85×
Q2 24
-0.54×
5.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCI
HCI

Segment breakdown not available.

RPD
RPD

Product subscriptions$204.0M97%
Other$5.6M3%

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