Rapid7 (RPD) Gross Margin (2014 - 2026)
Rapid7 (RPD) posted Gross Margin of 68.92% for Q2 2026, little changed on a QoQ basis from 69.12% in Q1 2026, and down 164.0% year-over-year from 107.69% in Q2 2025.
Analysis
Rapid7 (RPD) Gross Margin (2014 - 2026) Analysis & Trends
Rapid7 has reported Gross Margin for 13 years, with the latest figure at 68.92% in Q2 2026.
- On a quarterly basis, Gross Margin fell 164.0% year-over-year to 68.92% in Q2 2026; TTM through Jun 2026 was 69.3%, a 129.0% decrease from a year earlier, with the FY2025 full-year figure at 70.34%, up 8.0% from the prior year.
- Gross Margin was 68.92% for Q2 2026 at Rapid7, roughly flat from 69.12% in the prior quarter.
- The five-year high for Gross Margin was 71.71% in Q1 2025, with the low at 67.41% in Q1 2022.
- Average Gross Margin over 5 years is 69.76%, with a median of 69.86% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Gross Margin surged 312 bps in 2022, then slumped 259 bps in 2026.
- Over 5 years, Gross Margin stood at 70.22% in 2022, then advanced by 1 bps to 70.74% in 2023, then slipped by 2 bps to 69.53% in 2024, then slipped by 1 bps to 68.94% in 2025, then retreated by 0 bps to 68.92% in 2026.
- The last three Gross Margin figures came in at 68.92% (Q2 2026), 69.12% (Q1 2026), and 68.94% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 67.55% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 80.24% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 60.42% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 82.25% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 78.44% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 77.02% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 85.23% |
| 10 | Rapid7 | 697.05 Mn | -5.53 Mn | 145.34 Mn | 68.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.92% |
| Mar 31, 2026 | 69.12% |
| Dec 31, 2025 | 68.94% |
| Sep 30, 2025 | 70.19% |
| Jun 30, 2025 | 70.56% |
| Mar 31, 2025 | 71.71% |
| Dec 31, 2024 | 69.53% |
| Sep 30, 2024 | 70.58% |
| Jun 30, 2024 | 70.68% |
| Mar 31, 2024 | 70.26% |
| Dec 31, 2023 | 70.74% |
| Sep 30, 2023 | 70.92% |
| Jun 30, 2023 | 69.46% |
| Mar 31, 2023 | 69.43% |
| Dec 31, 2022 | 70.22% |
| Sep 30, 2022 | 69.36% |
| Jun 30, 2022 | 67.59% |
| Mar 31, 2022 | 67.41% |
| Dec 31, 2021 | 67.11% |
| Sep 30, 2021 | 68.93% |