Rapid7 (RPD) Operating Leases (2019 - 2026)
Rapid7 (RPD) reported Operating Leases of $49.48 million for Q2 2026, down 20.4% from $62.19 million a year earlier and down 8.4% from the prior quarter.
Powered by 
Analysis
Rapid7 (RPD) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Rapid7 posted Operating Leases of $59.91 million, down 12.5% from FY2024.
- Operating Leases has declined for four consecutive years, with a five-year compound annual growth rate of -4.6% (FY2020 to FY2025).
- By year, Operating Leases came in at $68.43 million in FY2024 (-15.7%), $81.13 million in FY2023 (-5.6%), $85.95 million in FY2022 (-5.4%) and $90.87 million in FY2021 (+20.0%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q1 2019.
- Year over year, Operating Leases has now declined in each of the last 15 quarters, with an average decline of 14.9% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q3 2022 (growth of 30.3%); the low point was Q2 2026 (a decline of 20.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $53.99 million (Q1 2026), $59.91 million (Q4 2025) and $63.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Rapid7 | 794.33 Mn | -1.46 Bn | 145.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.48 Mn |
| Mar 31, 2026 | 53.99 Mn |
| Dec 31, 2025 | 59.91 Mn |
| Sep 30, 2025 | 63.55 Mn |
| Jun 30, 2025 | 62.19 Mn |
| Mar 31, 2025 | 65.48 Mn |
| Dec 31, 2024 | 68.43 Mn |
| Sep 30, 2024 | 72.56 Mn |
| Jun 30, 2024 | 73.43 Mn |
| Mar 31, 2024 | 77.07 Mn |
| Dec 31, 2023 | 81.13 Mn |
| Sep 30, 2023 | 81.07 Mn |
| Jun 30, 2023 | 84.75 Mn |
| Mar 31, 2023 | 84.11 Mn |
| Dec 31, 2022 | 85.95 Mn |
| Sep 30, 2022 | 90.43 Mn |
| Jun 30, 2022 | 89.47 Mn |
| Mar 31, 2022 | 93.95 Mn |
| Dec 31, 2021 | 90.87 Mn |
| Sep 30, 2021 | 69.42 Mn |
API Access
Rapid7 Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=RPD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "RPD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=RPD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();