Rapid7 (RPD) Cost of Revenue (2014 - 2026)
Rapid7 (RPD) recorded quarterly Cost of Revenue of $64.7 million in Q1 2026, up 278.72% quarter-over-quarter from $17.1 million in Q4 2025, and up 8.86% on a YoY basis from $59.5 million in Q1 2025.
Rapid7 (RPD) Cost of Revenue (2014 - 2026) Analysis & Trends
Rapid7's Cost of Revenue history runs 13 years deep, the most recent figure standing at $64.7 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 8.86% year-over-year to $64.7 million; the TTM figure through Mar 2026 stood at $224.2 million (down 21.39% YoY), while the FY2025 annual figure was $255.0 million, down 14.65% from the prior year.
- Cost of Revenue was $64.7 million for Q1 2026 at Rapid7, up from $17.1 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $83.4 million in Q2 2023 to a low of $17.1 million in Q4 2025.
- Historically, Cost of Revenue has averaged $65.3 million across 5 years, with a median of $72.8 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue jumped 57.45% in 2023, then slumped 76.5% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $54.9 million in 2022, then jumped by 33.9% to $73.6 million in 2023, then decreased by 1.07% to $72.8 million in 2024, then sank by 76.5% to $17.1 million in 2025, then surged by 278.72% to $64.7 million in 2026.
- The last three Cost of Revenue figures came in at $64.7 million (Q1 2026), $17.1 million (Q4 2025), and $79.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 4.48 Mn |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 2.05 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 215.80 Mn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 823.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 463.58 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 636.30 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 184.16 Mn |
| 10 | Rapid7 | 472.82 Mn | -197.44 Mn | 144.94 Mn | 64.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.75 Mn |
| Mar 31, 2026 | 64.75 Mn |
| Dec 31, 2025 | 17.10 Mn |
| Dec 31, 2025 | 17.10 Mn |
| Sep 30, 2025 | 79.30 Mn |
| Sep 30, 2025 | 79.30 Mn |
| Jun 30, 2025 | 63.06 Mn |
| Jun 30, 2025 | 63.06 Mn |
| Mar 31, 2025 | 59.48 Mn |
| Mar 31, 2025 | 59.48 Mn |
| Dec 31, 2024 | 72.77 Mn |
| Dec 31, 2024 | 72.77 Mn |
| Sep 30, 2024 | 74.82 Mn |
| Sep 30, 2024 | 74.82 Mn |
| Jun 30, 2024 | 78.13 Mn |
| Jun 30, 2024 | 78.13 Mn |
| Mar 31, 2024 | 73.10 Mn |
| Mar 31, 2024 | 73.10 Mn |
| Dec 31, 2023 | 73.56 Mn |
| Dec 31, 2023 | 73.56 Mn |