Rapid7 (RPD) Operating Expenses (2014 - 2026)
Rapid7 (RPD) posted Operating Expenses of $142.3 million for Q2 2026, down 2.19% on a QoQ basis from $145.5 million in Q1 2026, and down 3.6% year-over-year from $147.6 million in Q2 2025.
Analysis
Rapid7 (RPD) Operating Expenses (2014 - 2026) Analysis & Trends
Rapid7 has reported Operating Expenses for 13 years, with the latest figure at $142.3 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 3.6% year-over-year to $142.3 million in Q2 2026; TTM through Jun 2026 was $582.5 million, a 0.38% change from a year earlier, with the FY2025 full-year figure at $593.2 million, up 6.32% from the prior year.
- Operating Expenses was $142.3 million for Q2 2026 at Rapid7, down from $145.5 million in the prior quarter.
- The five-year high for Operating Expenses was $183.9 million in Q2 2023, with the low at $134.4 million in Q1 2024.
- Average Operating Expenses over 5 years is $147.3 million, with a median of $146.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 40.46% in 2022, then retreated 22.91% in 2024.
- Over 5 years, Operating Expenses stood at $142.9 million in 2022, then declined by 3.54% to $137.8 million in 2023, then climbed by 3.81% to $143.1 million in 2024, then rose by 3.15% to $147.6 million in 2025, then fell by 3.58% to $142.3 million in 2026.
- The last three Operating Expenses figures came in at $142.3 million (Q2 2026), $145.5 million (Q1 2026), and $147.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 2.21 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 1.13 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 953.90 Mn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 499.67 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 498.25 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 407.03 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 586.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 488.50 Mn |
| 10 | Rapid7 | 697.05 Mn | -5.53 Mn | 145.34 Mn | 142.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 142.32 Mn |
| Mar 31, 2026 | 145.50 Mn |
| Dec 31, 2025 | 147.60 Mn |
| Sep 30, 2025 | 147.07 Mn |
| Jun 30, 2025 | 147.64 Mn |
| Mar 31, 2025 | 150.87 Mn |
| Dec 31, 2024 | 143.09 Mn |
| Sep 30, 2024 | 138.68 Mn |
| Jun 30, 2024 | 141.78 Mn |
| Mar 31, 2024 | 134.39 Mn |
| Dec 31, 2023 | 137.84 Mn |
| Sep 30, 2023 | 157.05 Mn |
| Jun 30, 2023 | 183.92 Mn |
| Mar 31, 2023 | 151.14 Mn |
| Dec 31, 2022 | 142.89 Mn |
| Sep 30, 2022 | 145.15 Mn |
| Jun 30, 2022 | 147.83 Mn |
| Mar 31, 2022 | 146.47 Mn |
| Dec 31, 2021 | 142.47 Mn |
| Sep 30, 2021 | 130.74 Mn |