Rackspace Technology (RXT) Amortization of Goodwill (2021 - 2024)
Rackspace Technology (RXT) posted Amortization of Goodwill of $72.5 million for Q3 2024, down 61.4% sequentially from $187.8 million in Q1 2024, and down 56.25% YoY from $165.7 million in Q4 2023.
Rackspace Technology (RXT) Amortization of Goodwill (2021 - 2024) Analysis & Trends
Rackspace Technology has reported Amortization of Goodwill for 4 years, with the latest figure at $72.5 million in Q3 2024.
- Quarterly Amortization of Goodwill fell 56.25% year-over-year to $72.5 million in Q3 2024, while the trailing twelve-month figure through Jun 2025 was $72.5 million (down 79.49% YoY) and the FY2024 annual result came in at $714.9 million, up 0.86% from the prior year.
- Amortization of Goodwill declined to $72.5 million in Q3 2024 per RXT's latest filing, from $187.8 million in the prior quarter.
- Over five years, Amortization of Goodwill peaked at $405.2 million in Q3 2022 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Amortization of Goodwill surged 146.76% in 2022, then sank 59.11% in 2023.
- Over 4 years, Amortization of Goodwill stood at $52.4 million in 2021, then soared by 146.76% to $129.3 million in 2022, then grew by 28.15% to $165.7 million in 2023, then plunged by 56.25% to $72.5 million in 2024.
- According to Business Quant data, Amortization of Goodwill over the past three periods registered $72.5 million, $187.8 million, and $165.7 million for Q3 2024, Q1 2024, and Q3 2023 respectively.
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| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Rackspace Technology | 881.60 Mn | 771.00 Mn | 114.80 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 |