NASDAQ : RPD
Rapid7, Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 16.56 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.12B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Rapid7, Inc. (RPD) reported revenue of 855.92M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 855.92M | 859.79M | 844.01M | 777.71M | 685.08M | 535.40M |
| Cost of Revenue | 262.80M | 255.04M | 251.03M | 232.05M | 214.35M | 168.95M |
| Gross Profit | 593.13M | 604.75M | 592.97M | 545.66M | 470.73M | 366.46M |
| Selling, General & Admin | 388.81M | 401.99M | 384.20M | 398.60M | 392.26M | 317.96M |
| Research & Development | 190.97M | 190.66M | 173.13M | 177.94M | 189.97M | 160.78M |
| Operating Expenses | 579.78M | 592.65M | 557.33M | 576.54M | 582.23M | 478.74M |
| Operating Income | 13.34M | 12.10M | 35.65M | -30.88M | -111.50M | -112.28M |
| Interest Expense | -10.19M | -10.44M | -10.96M | -64.70M | -10.98M | -14.29M |
| Interest & Investment Income | 22.90M | 23.02M | 21.06M | 10.18M | 1.81M | 365.00K |
| Currency Exchange Gain (Loss) | -1.92M | |||||
| Other Non Operating Income (Expenses) | -617.00K | 6.03M | -3.68M | -14.52M | -1.52M | |
| EBT Excluding Unusual Items | 25.44M | 30.71M | 42.06M | -99.92M | -122.19M | -128.13M |
| Merger & Restructuring Charges | -1.71M | -33.00K | 190.00K | -22.23M | -7.21M | |
| Asset Writedown | -30.78M | |||||
| Legal Settlements | -115.00K | -569.00K | ||||
| Other Unusual Items | -1.00M | -500.00K | -800.00K | -400.00K | ||
| Pretax Income | 22.73M | 30.18M | 41.45M | -153.33M | -122.31M | -135.91M |
| Income Tax Expense | 2.59M | 6.80M | 15.93M | -518.00K | 2.41M | 10.42M |
| Net Income | 20.14M | 23.38M | 25.53M | -152.81M | -124.72M | -146.33M |
| Net Income to Common | 20.14M | 23.38M | 25.53M | -152.81M | -124.72M | -146.33M |
| Shares Outstanding (Basic) | 65.96M | 64.73M | 62.61M | 60.76M | 58.55M | 55.27M |
| Shares Outstanding (Diluted) | 66.48M | 65.00M | 63.18M | 60.76M | 58.55M | 55.27M |
| EPS (Basic) | 0.31 | 0.36 | 0.41 | -2.52 | -2.13 | -2.65 |
| EPS (Diluted) | 0.31 | 0.36 | 0.40 | -2.52 | -2.13 | -2.65 |
| Free Cash Flow | 144.81M | 146.23M | 168.25M | 99.91M | 57.82M | 44.91M |
| Free Cash Flow Per Share | 2.18 | 2.25 | 2.66 | 1.64 | 0.99 | 0.81 |
| Gross Margin | 69.30% | 70.34% | 70.26% | 70.16% | 68.71% | 68.44% |
| Operating Margin | 1.56% | 1.41% | 4.22% | -3.97% | -16.28% | -20.97% |
| Profit Margin | 2.35% | 2.72% | 3.02% | -19.65% | -18.20% | -27.33% |
| Free Cash Flow Margin | 16.92% | 17.01% | 19.93% | 12.85% | 8.44% | 8.39% |
| EBITDA | 58.17M | 57.54M | 80.54M | 15.06M | -70.46M | -78.78M |
| EBITDA Margin | 6.80% | 6.69% | 9.54% | 1.94% | -10.29% | -14.71% |
| D&A For EBITDA | 44.82M | 45.44M | 44.89M | 45.94M | 41.04M | 33.50M |
| EBIT | 13.34M | 12.10M | 35.65M | -30.88M | -111.50M | -112.28M |
| EBIT Margin | 1.56% | 1.41% | 4.22% | -3.97% | -16.28% | -20.97% |
| Effective Tax Rate | 11.39% | 22.53% | 38.42% | |||
| Revenue as Reported | 855.92M | 859.79M | 844.01M | 777.71M | 685.08M | 535.40M |
| Advertising Expenses | 24.60M | 21.70M | 22.40M | 22.70M | 21.30M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 425.61M | 246.66M | 334.69M | 213.63M | 207.29M | 164.58M |
| Short-Term Investments | 276.97M | 228.01M | 187.03M | 169.54M | 84.16M | 58.85M |
| Cash & Short-Term Investments | 702.58M | 474.67M | 521.71M | 383.17M | 291.45M | 223.43M |
| Receivables | 144.45M | 169.72M | 170.74M | 166.86M | 153.15M | 147.29M |
| Prepaid Expenses | 37.44M | 42.66M | 34.11M | 39.41M | 29.30M | 31.53M |
| Restricted Cash | 7.42M | 517.00K | 435.00K | |||
| Other Current Assets | 46.70M | 50.24M | 52.13M | 45.01M | 35.89M | 30.05M |
| Total Current Assets | 931.18M | 737.29M | 786.11M | 634.45M | 510.31M | 432.74M |
| Property, Plant & Equipment | 70.68M | 77.47M | 81.12M | 94.33M | 137.23M | 133.98M |
| Long-Term Investments | 5.50M | 189.62M | 37.27M | 56.17M | 9.76M | 34.07M |
| Goodwill | 593.33M | 575.27M | 575.27M | 536.35M | 515.63M | 515.26M |
| Other Intangible Assets | 63.34M | 65.11M | 85.72M | 94.55M | 101.27M | 111.59M |
| Long-Term Deferred Charges | 66.05M | 66.98M | 73.67M | 76.60M | 68.17M | 57.19M |
| Other Long-Term Assets | 13.48M | 14.73M | 12.87M | 12.89M | 16.63M | 11.19M |
| Total Assets | 1.74B | 1.73B | 1.65B | 1.51B | 1.36B | 1.30B |
| Accounts Payable | 14.06M | 11.04M | 18.91M | 15.81M | 10.26M | 3.52M |
| Accrued Expenses | 84.40M | 88.13M | 88.80M | 84.97M | 80.31M | 82.62M |
| Current Portion of Long-Term Debt | 598.21M | 45.90M | ||||
| Current Portion of Leases | 17.95M | 16.18M | 15.49M | 13.45M | 12.44M | 9.63M |
| Current Unearned Revenue | 436.71M | 451.15M | 461.12M | 455.50M | 426.60M | 372.07M |
| Other Current Liabilities | 9.03M | 8.86M | 55.00K | 1.66M | 842.00K | |
| Total Current Liabilities | 1.16B | 575.37M | 630.22M | 569.79M | 531.27M | 468.68M |
| Long-Term Debt | 296.02M | 892.28M | 888.36M | 930.00M | 815.95M | 812.06M |
| Long-Term Leases | 49.48M | 59.91M | 68.43M | 81.13M | 85.95M | 90.86M |
| Long-Term Unearned Revenue | 25.71M | 29.97M | 27.08M | 32.58M | 31.04M | 33.06M |
| Other Long-Term Liabilities | 15.30M | 14.20M | 20.24M | 10.03M | 14.86M | 17.34M |
| Total Liabilities | 1.55B | 1.57B | 1.63B | 1.62B | 1.48B | 1.42B |
| Common Stock | 672.00K | 658.00K | 635.00K | 617.00K | 597.00K | 577.00K |
| Additional Paid-In Capital | 1.16B | 1.12B | 1.01B | 898.18M | 746.25M | 615.03M |
| Retained Earnings | -957.45M | -964.65M | -988.03M | -1.01B | -860.75M | -736.03M |
| Treasury Stock | -4.76M | -4.76M | -4.76M | -4.76M | -4.76M | -4.76M |
| Comprehensive Income & Other | -372.00K | 2.53M | -1.21M | 1.34M | -1.41M | -812.00K |
| Shareholders' Equity | 196.70M | 154.73M | 17.71M | -118.18M | -120.07M | -126.00M |
| Total Liabilities & Equity | 1.74B | 1.73B | 1.65B | 1.51B | 1.36B | 1.30B |
| Total Debt | 961.65M | 968.37M | 1.02B | 1.02B | 914.34M | 912.56M |
| Net Cash (Debt) | -259.07M | -493.70M | -496.46M | -641.40M | -622.89M | -689.13M |
| Net Cash Per Share | -3.90 | -7.60 | -7.86 | -10.56 | -10.64 | -12.47 |
| Filing Date Shares Outstanding | 67.40M | 65.89M | 63.97M | 61.99M | 60.04M | 58.08M |
| Total Common Shares Outstanding | 67.32M | 65.85M | 63.50M | 61.71M | 59.72M | 57.70M |
| Working Capital | -229.17M | 161.92M | 155.90M | 64.66M | -20.96M | -35.94M |
| Book Value Per Share | 2.92 | 2.35 | 0.28 | -1.91 | -2.01 | -2.18 |
| Tangible Book Value | -459.97M | -485.64M | -643.28M | -749.08M | -736.97M | -752.84M |
| Tangible Book Value Per Share | -6.83 | -7.38 | -10.13 | -12.14 | -12.34 | -13.05 |
| Machinery | 35.30M | 35.62M | 39.75M | 37.29M | 36.39M | 30.24M |
| Leasehold Improvements | 61.65M | 61.46M | 57.05M | 56.15M | 66.18M | 51.98M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 20.14M | 23.38M | 25.53M | -152.81M | -124.72M | -146.33M |
| Depreciation & Amortization | 44.82M | 45.44M | 44.89M | 45.94M | 41.04M | 33.50M |
| Other Amortization | 4.32M | 4.21M | 4.45M | 4.14M | 4.08M | 3.98M |
| Asset Writedown & Restructuring Costs | 30.78M | |||||
| Stock-Based Compensation | 89.32M | 104.33M | 107.96M | 111.64M | 119.90M | 102.58M |
| Other Operating Activities | -5.21M | -8.04M | -712.00K | 64.25M | -1.64M | 5.13M |
| Change in Accounts Receivable | 9.33M | 1.67M | -5.48M | -14.02M | -9.05M | -25.48M |
| Change in Accounts Payable | -1.94M | -8.93M | 2.78M | 5.45M | 7.98M | -2.08M |
| Change in Unearned Revenue | -15.64M | -8.37M | -795.00K | 30.47M | 52.52M | 85.56M |
| Change in Other Net Operating Assets | 8.19M | 141.00K | -6.95M | -21.55M | -11.91M | -2.95M |
| Operating Cash Flow | 153.33M | 153.83M | 171.67M | 104.28M | 78.20M | 53.92M |
| Capital Expenditures | -8.53M | -7.60M | -3.42M | -4.37M | -20.38M | -9.01M |
| Cash Acquisitions | -23.34M | -37.30M | -34.84M | -358.42M | ||
| Sale (Purchase) of Intangibles | -16.30M | -16.11M | -14.16M | -15.88M | -17.14M | -9.85M |
| Investment in Securities | 59.00M | -187.52M | 8.01M | -126.38M | -1.46M | 51.91M |
| Other Investing Activities | 358.00K | 1.79M | 360.00K | 2.71M | -1.00M | |
| Investing Cash Flow | 11.18M | -209.44M | -46.52M | -178.75M | -39.99M | -325.38M |
| Long-Term Debt Issued | 292.09M | 600.00M | ||||
| Long-Term Debt Repaid | -45.99M | -200.00M | -12.00K | -230.00M | ||
| Net Debt Issued (Repaid) | -45.99M | 92.09M | -12.00K | 370.00M | ||
| Issuance of Common Stock | 5.39M | 9.29M | 10.81M | 14.38M | 15.26M | 13.59M |
| Repurchase of Common Stock | -1.42M | -3.02M | -4.73M | -5.57M | -7.46M | -16.04M |
| Other Financing Activities | -4.49M | -5.78M | -500.00K | -21.30M | -371.00K | -103.41M |
| Financing Cash Flow | -527.00K | -45.50M | 5.58M | 79.60M | 7.42M | 264.13M |
| Foreign Exchange Rate Adjustments | 291.00K | 5.68M | -2.76M | 1.20M | -2.85M | -1.27M |
| Net Cash Flow | 164.28M | -95.44M | 127.97M | 6.32M | 42.79M | -8.60M |
| Free Cash Flow | 144.81M | 146.23M | 168.25M | 99.91M | 57.82M | 44.91M |
| Free Cash Flow Margin | 16.92% | 17.01% | 19.93% | 12.85% | 8.44% | 8.39% |
| Free Cash Flow Per Share | 2.18 | 2.25 | 2.66 | 1.64 | 0.99 | 0.81 |
| Levered Free Cash Flow | 133.23M | 123.47M | 154.51M | 86.83M | 101.17M | 108.69M |
| Unlevered Free Cash Flow | 135.28M | 125.78M | 156.91M | 123.13M | 103.95M | 113.64M |
| Cash Interest Paid | 5.42M | 5.77M | 6.36M | 4.61M | 6.67M | 7.34M |
| Cash Income Tax Paid | 6.86M | 7.95M | 8.49M | 1.62M | 1.57M | 3.31M |
| Change in Working Capital | -58.00K | -15.49M | -10.45M | 351.00K | 39.54M | 55.06M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.04B | 995.31M | 2.54B | 3.51B | 2.01B | 6.73B |
| Enterprise Value | 1.30B | 1.56B | 3.12B | 4.21B | 2.68B | 7.36B |
| Last Close Price | 16.56 | 15.20 | 40.23 | 57.10 | 33.98 | 117.69 |
| PE Ratio | 50.66 | 42.57 | 99.62 | |||
| Forward PE | 8.26 | 7.96 | 18.05 | 32.32 | 67.57 | 275.54 |
| PS Ratio | 1.24 | 1.16 | 3.01 | 4.51 | 2.94 | 12.57 |
| PB Ratio | 5.67 | 6.43 | 143.57 | -29.69 | -16.76 | -53.40 |
| P/FCF Ratio | 7.35 | 6.81 | 15.11 | 35.12 | 34.81 | 149.82 |
| P/OCF Ratio | 6.94 | 6.47 | 14.81 | 33.65 | 25.74 | 124.78 |
| PEG Ratio | 1.06 | 0.33 | 0.70 | 1.25 | 46.16 | 46.16 |
| EV/Sales Ratio | 1.55 | 1.81 | 3.70 | 5.41 | 3.91 | 13.74 |
| EV/EBITDA Ratio | 22.75 | 27.09 | 38.75 | 279.44 | ||
| EV/EBIT Ratio | 99.17 | 128.83 | 87.55 | |||
| EV/FCF Ratio | 9.14 | 10.66 | 18.55 | 42.13 | 46.32 | 163.86 |
| Debt / Equity Ratio | 4.89 | 6.26 | 57.49 | -8.67 | -7.62 | -7.24 |
| Debt / EBITDA Ratio | 11.30 | 11.51 | 9.57 | 24.80 | ||
| Debt / FCF Ratio | 6.64 | 6.62 | 6.05 | 10.26 | 15.81 | 20.32 |
| Net Debt / Equity Ratio | 1.32 | 3.19 | 28.03 | -5.43 | -5.19 | -5.47 |
| Net Debt / EBITDA Ratio | 4.45 | 8.58 | 6.16 | 42.58 | -8.84 | -8.75 |
| Net Debt / FCF Ratio | 1.79 | 3.38 | 2.95 | 6.42 | 10.77 | 15.35 |
| Asset Turnover | 0.51 | 0.51 | 0.54 | 0.54 | 0.52 | 0.48 |
| Quick Ratio | 0.73 | 1.12 | 1.10 | 0.96 | 0.84 | 0.79 |
| Current Ratio | 0.80 | 1.28 | 1.25 | 1.11 | 0.96 | 0.92 |
| Return on Equity (ROE) | 14.03% | 27.12% | ||||
| Return on Assets (ROA) | 0.49% | 0.45% | 1.41% | -1.35% | -5.25% | -6.35% |
| Return on Invested Capital (ROIC) | 2.56% | 1.61% | 3.03% | -3.50% | -13.47% | -21.38% |
| Return on Capital Employed (ROCE) | 2.30% | 1.10% | 3.50% | -3.30% | -13.50% | -13.60% |
| Earnings Yield | 1.97% | 2.35% | 1.00% | -4.35% | -6.20% | -2.17% |
| FCF Yield | 13.61% | 14.69% | 6.62% | 2.85% | 2.87% | 0.67% |
| Buyback Yield / Dilution | -4.56% | -2.88% | -4.00% | -3.76% | -5.94% | -8.30% |