Rapid7's gross profit for the
three
months ended in Dec. 2024 was $150.0 Mil. Rapid7's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $593.0 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Rapid7's gross profit for the
three
months ended in Dec. 2024 was $150.0 Mil. Rapid7's Revenue for the
three
months ended in Dec. 2024 was $216.3 Mil. Therefore, Rapid7's Gross Margin % for the quarter that ended in Dec. 2024 was 69.36%.
Rapid7 had a gross margin of 69.36% for the quarter that ended in Dec. 2024 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Rapid7 was 74.77%. The lowest was 68.44%. And the median was 70.68%.
Rapid7 Gross Profit Historical Data
The historical data trend for Rapid7's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Infrastructure subindustry, Rapid7's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Rapid7's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, Rapid7's Gross Profit distribution charts can be found below:
* The bar in red indicates where Rapid7's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $593.0 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Rapid7's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Rapid7 (NAS:RPD) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Rapid7 had a gross margin of 69.36% for the quarter that ended in Dec. 2024 => Durable competitive advantage
Rapid7 Gross Profit Related Terms
Thank you for viewing the detailed overview of Rapid7's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response; security information and event management; cloud security, threat intelligence, and application security; and security orchestration, automation, and response. The Boston-based company went public in 2015.
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