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
DateValue
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