Rapid7, Inc.

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

RPD$14.97+2.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except share and per share data)

	Year Ended December 31,
	2025	2024	2023
Revenue:
Product subscriptions	$831,325	$808,906	$740,168
Professional services	28,469	35,101	37,539
Total revenue	859,794	844,007	777,707
Cost of revenue:
Product subscriptions	230,119	225,547	203,140
Professional services	24,921	25,488	28,906
Total cost of revenue	255,040	251,035	232,046
Total gross profit	604,754	592,972	545,661
Operating expenses:
Research and development	190,660	173,126	177,937
Sales and marketing	317,665	298,809	313,661
General and administrative	84,861	86,002	85,340
Impairment of long-lived assets	—	—	30,784
Restructuring	—	—	22,227
Total operating expenses	593,186	557,937	629,949
Income (loss) from operations	11,568	35,035	(84,288)
Other income (expense), net:
Interest income	23,019	21,063	10,177
Interest expense	(10,436)	(10,963)	(64,700)
Other income (expense), net	6,030	(3,680)	(14,522)
Income (loss) before income taxes	30,181	41,455	(153,333)
Provision (benefit) for income taxes	6,800	15,929	(518)
Net income (loss)	$23,381	$25,526	$(152,815)
Net income (loss) per share, basic	$0.36	$0.41	$(2.52)
Net income (loss) per share, diluted	$0.36	$0.40	$(2.52)
Weighted-average common shares outstanding, basic	64,727,551	62,607,583	60,756,087
Weighted-average common shares outstanding, diluted	65,001,955	63,183,651	60,756,087

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.