What is Rapid7's R&D?

Rapid7 (RPD) reported R&D of $48.35M in Q1 2026.

How has Rapid7's R&D changed year-over-year?

Rapid7's R&D increased by 1.0% year-over-year, from $47.89M to $48.35M.

What is the long-term trend for Rapid7's R&D?

Over 4 years (2021 to 2025), Rapid7's R&D has grown at a 4.4% compound annual growth rate (CAGR), from $160.78M to $190.66M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Rapid7 RPD R&D

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Other financials

Income statement

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Revenue$209.7M-0.3%

Gross profit$144.9M-3.9%

Operating income-$558.0K-452%

Net income$1.1M-46.3%

EPS (diluted)$0.02-33.3%

Balance sheet

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Cash & equivalents$343.3M+14.9%

Total debt$669.5M+435%

Total equity$174.8M+231%

Total assets$1.7B+4.5%

Cash flow

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Operating cash flow$39.8M+33.8%

CapEx$2.1M+52.9%

Free cash flow$37.7M+32.9%

Valuation

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Market cap$472.49M-68.6%

Enterprise value$798.73M-39.9%

P/E21.1×-36.2×

P/S0.6×-1.2×

Profitability

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Gross margin69.7%-0.9pp

Operating margin1.3%-1.7pp

Net margin2.6%-0.5pp

FCF margin18.1%-1.5pp

Returns & leverage

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Return on equity19.7%—

Debt / equity3.8×+1.5×

Current ratio0.8×-0.5×

Where this comes from

Reported directly by Rapid7 in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Rapid7’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rapid7's R&D?: Rapid7 (RPD) reported R&D of $48.35M in Q1 2026.
How has Rapid7's R&D changed year-over-year?: Rapid7's R&D increased by 1.0% year-over-year, from $47.89M to $48.35M.
What is the long-term trend for Rapid7's R&D?: Over 4 years (2021 to 2025), Rapid7's R&D has grown at a 4.4% compound annual growth rate (CAGR), from $160.78M to $190.66M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.