Rapid7, Inc. RPD reported second-quarter 2026 revenue of $210.9 million, slightly ahead of expectations and down 1.6% from a year earlier. Gross profit came in at $145.3 million, while operating profit was $3.0 million.
Profitability softened from last year, with net income attributable to common shareholders of $6.1 million and diluted earnings per share of $0.09. That compared with a lower-than-expected EPS estimate of $0.35.
Cash generation also eased, as operating cash flow fell to $37.0 million. At the same time, Rapid7 ended the quarter with $425.6 million in cash and cash equivalents, up sharply from a year ago.
- Revenue: $210.9 million
- Gross profit: $145.3 million
- Net income: $6.1 million
- Diluted EPS: $0.09
- Cash and cash equivalents: $425.6 million
Following the release, the stock rose 6.11% after the market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Rapid7, Inc. Insider Trading Activity
Rapid7, Inc. insiders have traded $RPD stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $RPD stock by insiders over the last 6 months:
- SCOTT M MURPHY (Chief Accounting Officer) has made 0 purchases and 2 sales selling 2,094 shares for an estimated $13,499.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Rapid7, Inc. Hedge Fund Activity
We have seen 138 institutional investors add shares of Rapid7, Inc. stock to their portfolio, and 120 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PENSERRA CAPITAL MANAGEMENT LLC removed 4,039,040 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $22,255,110
- BLACKROCK, INC. added 2,427,309 shares (+36.9%) to their portfolio in Q2 2026, for an estimated $19,661,202
- FIRST TRUST ADVISORS LP removed 2,326,056 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $12,816,568
- TWO SIGMA INVESTMENTS, LP added 1,472,600 shares (+193.4%) to their portfolio in Q1 2026, for an estimated $8,114,026
- ACADIAN ASSET MANAGEMENT LLC added 1,308,223 shares (+285.5%) to their portfolio in Q1 2026, for an estimated $7,208,308
- SG AMERICAS SECURITIES, LLC removed 775,452 shares (-94.8%) from their portfolio in Q2 2026, for an estimated $6,281,161
- JANE STREET GROUP, LLC added 773,779 shares (+660.5%) to their portfolio in Q1 2026, for an estimated $4,263,522
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Rapid7, Inc. Price Targets
Multiple analysts have issued price targets for $RPD recently. We have seen 10 analysts offer price targets for $RPD in the last 6 months, with a median target of $7.0.
Here are some recent targets:
- Rudy Kessinger from DA Davidson set a target price of $6.5 on 06/02/2026
- Brian Essex from JP Morgan set a target price of $7.0 on 05/11/2026
- Saket Kalia from Barclays set a target price of $6.5 on 05/07/2026
- Rob Owens from Piper Sandler set a target price of $8.0 on 05/06/2026
- Adam Borg from Stifel set a target price of $7.0 on 05/06/2026
- Patrick Colville from Scotiabank set a target price of $7.0 on 05/06/2026
- Kingsley Crane from Canaccord Genuity set a target price of $7.0 on 05/06/2026
