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Rapid7 RPD Product subscriptions — Total Cost of Revenue

Other product segments

Professional services
$7.27M+4.4%

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Other financials

Income statement

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Revenue$210.9M-1.5%
Gross profit$145.3M-3.8%
Operating income$3.0M-13.6%
Net income$6.1M-27.2%
EPS (diluted)$0.09-30.8%

Balance sheet

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Cash & equivalents$425.6M+62.9%
Total debt$665.6M+760%
Total equity$196.7M+117%
Total assets$1.7B+5.8%

Cash flow

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Operating cash flow$37.0M-22.2%
CapEx$1.2M+21.7%
Free cash flow$35.8M-23.1%

Valuation

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Market cap$773.23M-36.4%
Enterprise value$1.01B-1.8%
P/E38.4×-5.0×
P/S0.9×-0.5×

Profitability

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Gross margin69.3%-1.3pp
Operating margin1.2%-1.5pp
Net margin2.4%-0.9pp
FCF margin16.9%-4.1pp

Returns & leverage

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Return on equity14%
Debt / equity3.4×+2.5×
Current ratio0.8×-0.6×

Where this comes from

Reported directly by Rapid7 in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Rapid7’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001560327-26-000044
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Professional services5,8326,09611,47412,414
Total revenue210,883214,193420,574424,446
Cost of revenue:
Product subscriptions59,92557,236119,079111,604
Professional services5,6205,82311,21510,935
Total cost of revenue65,54563,059130,294122,539
Total gross profit145,338151,134290,280301,907
Operating expenses:

Item 1. Financial Statements.

FAQ

What is Rapid7's product subscriptions — total cost of revenue?
Rapid7 (RPD) reported product subscriptions — total cost of revenue of $59.93M in Q2 2026.
How has Rapid7's product subscriptions — total cost of revenue changed year-over-year?
Rapid7's product subscriptions — total cost of revenue increased by 4.7% year-over-year, from $57.24M to $59.93M.
What is the long-term trend for Rapid7's product subscriptions — total cost of revenue?
Over 4 years (2021 to 2025), Rapid7's product subscriptions — total cost of revenue has grown at a 13.1% compound annual growth rate (CAGR), from $140.77M to $230.12M.
What does product subscriptions — total cost of revenue mean?
This metric captures the direct costs associated with delivering subscription-based software services, including cloud infrastructure hosting, customer support, and third-party software licensing fees. It is a key indicator of the operational efficiency and scalability of the company's product delivery model. Monitoring this cost helps investors assess the gross margin profile of the subscription business segment.

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