Rackspace Technology (RXT) Amortization of Goodwill (2021 - 2024)
Rackspace Technology (RXT) reported Amortization of Goodwill of $72.5 million for Q3 2024, down 56.25% on a YoY basis from $165.7 million in Q4 2023, and down 61.4% sequentially from $187.8 million in Q1 2024.
Rackspace Technology (RXT) Amortization of Goodwill (2021 - 2024) Analysis & Trends
Rackspace Technology (RXT) has 4 years of Amortization of Goodwill data on file, last reported at $72.5 million in Q3 2024.
- For the quarter ending Q3 2024, Amortization of Goodwill fell 56.25% year-over-year to $72.5 million; the trailing twelve-month figure through Jun 2025 stood at $72.5 million (down 79.49% YoY), and the FY2024 full-year result was $714.9 million, up 0.86% from the prior year.
- Amortization of Goodwill declined to $72.5 million in Q3 2024, from $187.8 million in the prior quarter.
- In the past five years, Amortization of Goodwill ranged from a high of $405.2 million in Q3 2022 to a low of $52.4 million in Q4 2021.
- A 4-year average of $183.6 million and a median of $165.7 million in 2023 frame the typical range for Amortization of Goodwill.
- Across the five-year window, Amortization of Goodwill soared 146.76% in 2022 and tumbled 59.11% in 2023, its largest moves.
- Tracing RXT's Amortization of Goodwill over 4 years: stood at $52.4 million in 2021, then soared by 146.76% to $129.3 million in 2022, then gained by 28.15% to $165.7 million in 2023, then sank by 56.25% to $72.5 million in 2024.
- Business Quant data shows RXT's Amortization of Goodwill at $72.5 million in Q3 2024, $187.8 million in Q1 2024, and $165.7 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn |
| 10 | Rackspace Technology | 931.01 Mn | 837.41 Mn | 119.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 72.50 Mn |
| Sep 30, 2024 | 72.50 Mn |
| Mar 31, 2024 | 187.80 Mn |
| Mar 31, 2024 | 187.80 Mn |
| Sep 30, 2023 | 165.70 Mn |
| Sep 30, 2023 | 165.70 Mn |
| Mar 31, 2023 | 272.30 Mn |
| Mar 31, 2023 | 272.30 Mn |
| Dec 31, 2022 | 129.30 Mn |
| Dec 31, 2022 | 129.30 Mn |
| Sep 30, 2022 | 405.20 Mn |
| Sep 30, 2022 | 405.20 Mn |
| Dec 31, 2021 | 52.40 Mn |
| Dec 31, 2021 | 52.40 Mn |