Rapid7 (RPD) Operating Leases (2019 - 2026)

Rapid7 (RPD) posted quarterly Operating Leases of $54.0 million for Q1 2026, down 17.56% year-over-year from $65.5 million in Q1 2025, and down 9.88% on a QoQ basis from $59.9 million in Q4 2025.

Rapid7 (RPD) Operating Leases (2019 - 2026) Analysis & Trends

Rapid7 (RPD) has reported Operating Leases for 8 consecutive years, with $54.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Leases fell 17.56% year-over-year to $54.0 million; the TTM figure through Mar 2026 stood at $54.0 million (down 17.56% YoY), while the FY2025 annual figure was $59.9 million, down 12.45% from the prior year.
  • Operating Leases came in at $54.0 million for Q1 2026 at Rapid7, down from $59.9 million in the prior quarter.
  • The five-year high for Operating Leases was $105.3 million in Q1 2022, with the low at $54.0 million in Q1 2026.
  • Average Operating Leases over 5 years is $78.6 million, with a median of $77.1 million recorded in 2024.
  • Across the five-year window, Operating Leases jumped 47.35% in 2022 and declined 24.2% in 2024, its largest moves.
  • Year by year, Operating Leases stood at $85.9 million in 2022, then retreated by 5.6% to $81.1 million in 2023, then dropped by 15.65% to $68.4 million in 2024, then slipped by 12.45% to $59.9 million in 2025, then dropped by 9.88% to $54.0 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $54.0 million, $59.9 million, and $63.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 Rapid7 593.58 Mn -76.67 Mn 144.94 Mn

Historic Data

Download Data
DateValue
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 96.87 Mn
Mar 31, 2023 96.97 Mn
Dec 31, 2022 85.95 Mn
Sep 30, 2022 102.29 Mn
Jun 30, 2022 89.47 Mn
Mar 31, 2022 105.29 Mn
Dec 31, 2021 90.87 Mn
Sep 30, 2021 69.42 Mn
Jun 30, 2021 71.69 Mn