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Rapid7 RPD Subscription Revenue — Remaining performance obligation, amount

Other product segments

Professional services
$13.09M-10.3%

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$2.6B+13.0%
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TNLDeferred subscription revenue — Remaining performance obligations
$86M-2.3%
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OTEXCloud services and subscriptions — Revenue, remaining performance obligation (as a percent)
49%-2.0pp
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CVLTTotal subscription — Revenue, remaining performance obligation, percentage recognized
22%-18.0pp

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:RevenueRemainingPerformanceObligation.

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 subscription revenue — remaining performance obligation, amount?
Rapid7 (RPD) reported subscription revenue — remaining performance obligation, amount of $552.65M in Q1 2026.
How has Rapid7's subscription revenue — remaining performance obligation, amount changed year-over-year?
Rapid7's subscription revenue — remaining performance obligation, amount decreased by 4.0% year-over-year, from $575.47M to $552.65M.
What is the long-term trend for Rapid7's subscription revenue — remaining performance obligation, amount?
Over 4 years (2021 to 2025), Rapid7's subscription revenue — remaining performance obligation, amount has grown at a 14.1% compound annual growth rate (CAGR), from $1.34B to $2.28B.
What does subscription revenue — remaining performance obligation, amount mean?
This metric represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as of the reporting date. It captures the value of contracted subscription services that have been billed or will be billed in the future but have not yet been recognized as revenue. This serves as a key indicator of future revenue visibility and the strength of the company's subscription-based sales pipeline.