Rackspace Technology (RXT) Amortization of Goodwill (2021 - 2024)

Rackspace Technology's (RXT) quarterly Amortization of Goodwill came in at $72.5 million in Q3 2024, down 56.25% year-on-year from $165.7 million in Q4 2023, and down 81.19% quarter-over-quarter from $385.4 million in Q1 2024.

Rackspace Technology (RXT) Amortization of Goodwill (2021 - 2024) Analysis & Trends

Rackspace Technology has disclosed Amortization of Goodwill across 4 years of filings, most recently posting $72.5 million for Q3 2024.

  • Amortization of Goodwill for Q3 2024 came in at $72.5 million, down 56.25% year-over-year; the trailing twelve-month figure through Jun 2025 was $72.5 million (down 86.84% YoY), and the FY2024 annual result was $714.9 million, up 0.86% from the prior year.
  • Amortization of Goodwill came in at $72.5 million for Q3 2024 at Rackspace Technology, down from $385.4 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.
  • The 4-year median for Amortization of Goodwill is $165.7 million (2023), against an average of $211.8 million.
  • Across the five-year window, Amortization of Goodwill soared 146.76% in 2022 and sank 59.11% in 2023, its largest moves.
  • Rackspace Technology's Amortization of Goodwill stood at $52.4 million in 2021, then jumped by 146.76% to $129.3 million in 2022, then increased by 28.15% to $165.7 million in 2023, then plunged by 56.25% to $72.5 million in 2024.
  • The last three Amortization of Goodwill figures came in at $72.5 million (Q3 2024), $385.4 million (Q1 2024), and $165.7 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn
10 Rackspace Technology 1.17 Bn 1.07 Bn 119.10 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 72.50 Mn
Sep 30, 2024 72.50 Mn
Mar 31, 2024 385.40 Mn
Mar 31, 2024 385.40 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