Filing Flows › Rapid7 (RPD) › How it makes money
How Rapid7 (RPD) makes money
Rapid7 (RPD) made $212M of revenue in the third quarter 2026 (Q3 2026), -3% from a year earlier. Product subscriptions brought in $206M (97%); Professional services brought in $6.3M (3%). Of every dollar of revenue, 70¢ was left as gross profit, 4¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Product subscriptions | $206M | 97.0% | +0.5% | -2% |
| Professional services | $6.3M | 3.0% | +8% | -19% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $212M | 100.0% |
| Cost of revenue | $64.6M | 30.4% |
| Gross profit | $148M | 69.6% |
| Operating expenses | $139M | 65.4% |
| Operating profit | $8.9M | 4.2% |
| Income tax | $3.1M | 1.4% |
| Net earnings | $3.5M | 1.7% |
| Operating cash flow | $30.1M | 14.2% |
| Free cash flow | $26.5M | 12.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $212M | -2% |
| Q2 2026 | $211M | -2% |
| Q1 2026 | $210M | -0.3% |
| Q4 2025 | $217M | +0.5% |
| Q3 2025 | $218M | +2% |
| Q2 2025 | $214M | +3% |
| Q1 2025 | $210M | +2% |
From Rapid7's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Rapid7 make money?
Rapid7 (RPD) made $212M of revenue in the third quarter 2026 (Q3 2026), -3% from a year earlier. Product subscriptions brought in $206M (97%); Professional services brought in $6.3M (3%). Of every dollar of revenue, 70¢ was left as gross profit, 4¢ was left as operating profit, 2¢ was left as net earnings.
What is Rapid7's biggest business?
Product subscriptions: $206M in the third quarter 2026, 97% of revenue, -2% from a year earlier.
What is Rapid7's profit margin?
Net earnings were $3.5M, 1.7% of revenue, in the third quarter 2026; the operating margin was 4.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.