Rapid7 (RPD) Operating Leases (2019 - 2026)

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

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

Rapid7's Operating Leases history runs 8 years deep, the most recent figure standing at $54.0 million for 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 was $54.0 million for Q1 2026 at Rapid7, down from $59.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $105.3 million in Q1 2022 to a low of $54.0 million in Q1 2026.
  • Historically, Operating Leases has averaged $78.6 million across 5 years, with a median of $77.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases jumped 47.35% in 2022, then decreased 24.2% in 2024.
  • A 5-year view of Operating Leases shows it stood at $85.9 million in 2022, then dropped by 5.6% to $81.1 million in 2023, then retreated by 15.65% to $68.4 million in 2024, then fell by 12.45% to $59.9 million in 2025, then retreated by 9.88% to $54.0 million in 2026.
  • The last three Operating Leases figures came in at $54.0 million (Q1 2026), $59.9 million (Q4 2025), and $63.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn
10 Rapid7 472.82 Mn -197.44 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