Rapid7, Inc.
RPD Technology Software Infrastructure
Rapid7, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $859.8 million, up 1.87% from fiscal 2024. In the quarter to June 2026, revenue fell 1.55%, EPS fell 30.8%, free cash flow fell 24.5% and total debt fell 66.7%, each against the same quarter a year earlier. Revenue growth for ten consecutive years; insiders bought in the last twelve months.
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Rapid7, Inc. (RPD) Altman Z-score
Rapid7, Inc.'s Altman Z-score for fiscal 2025 is 0.23, in the distress zone (below 1.81).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 0.23 | (0.56) |
| FY2024 | 0.78 | 0.06 |
| FY2023 | 0.72 | 0.59 |
| FY2022 | 0.14 | (1.89) |
| FY2021 | 2.02 | (0.65) |
| FY2020 | 2.67 | 0.55 |
| FY2019 | 2.13 | 1.07 |
| FY2018 | 1.06 | 1.28 |
| FY2017 | −0.22 | 0.62 |
| FY2016 | −0.84 | (0.08) |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.09 | — | 0.11 | |
| Retained earnings / total assets | (0.56) | — | −0.78 | |
| EBIT / total assets | 0.01 | — | 0.02 | |
| Market value of equity / total liabilities | 0.63 | — | 0.38 | |
| Sales / total assets | 0.50 | — | 0.50 | |
| Altman Z-score | Distress zone | 0.23 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −1.06 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| TUYA Tuya Inc. Sponsored ADR compare | 7.7× |
| PAYS Paysign, Inc. compare | 1.3× |
| RPD Rapid7, Inc. | 0.2× |
| RZLV Rezolve AI PLC compare | −0.3× |
| SABR Sabre Corporation compare | −0.3× |
| RXT Rackspace Technology, Inc. compare | −1.2× |
| AEVA Aeva Technologies, Inc. compare | −4.6× |
| XNDU Xanadu Quantum Technologies Limited compare | — |
| HQ Horizon Quantum Holdings Ltd. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets