Rackspace Technology (RXT) Asset Writedowns and Impairment (2019 - 2026)
Rackspace Technology's (RXT) quarterly Asset Writedowns and Impairment came in at $2.5 million in Q2 2026, down 3.85% year-over-year from $2.6 million in Q2 2025, and up 212.5% quarter-over-quarter from $800000.0 in Q1 2026.
Analysis
Rackspace Technology (RXT) Asset Writedowns and Impairment (2019 - 2026) Analysis & Trends
Rackspace Technology has disclosed Asset Writedowns and Impairment across 8 years of filings, most recently posting $2.5 million for Q2 2026.
- In Q2 2026, Asset Writedowns and Impairment fell 3.85% year-over-year to $2.5 million; the TTM figure through Jun 2026 stood at $6.8 million (up 161.54% YoY), while the FY2025 annual figure was $6.1 million, down 69.5% from the prior year.
- Asset Writedowns and Impairment came in at $2.5 million for Q2 2026 at Rackspace Technology, up from $800000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $87.4 million in Q4 2022 to a low of -$2.2 million in Q4 2025.
- Average Asset Writedowns and Impairment over 5 years is $16.3 million, with a median of $3.8 million recorded in 2022.
- Year-over-year, Asset Writedowns and Impairment surged 2805.26% in 2022 and slumped 95.65% in 2023.
- Over 5 years, Asset Writedowns and Impairment stood at $87.4 million in 2022, then tumbled by 95.65% to $3.8 million in 2023, then soared by 426.32% to $20.0 million in 2024, then slumped by 111.0% to -$2.2 million in 2025, then soared by 213.64% to $2.5 million in 2026.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $2.5 million in Q2 2026, $800000.0 in Q1 2026, and -$2.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 45.76 Bn | 45.76 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 27.95 Bn | 26.90 Bn | 1.83 Bn |
| 3 | Cgi | 15.75 Bn | 15.17 Bn | - |
| 4 | EPAM Systems | 6.03 Bn | 5.24 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.44 Bn | 5.15 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.39 Bn | 5.27 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.82 Bn | 713.78 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.88 Bn | 1.63 Bn | 42.46 Mn |
| 10 | Rackspace Technology | 809.07 Mn | 698.47 Mn | 114.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.50 Mn |
| Mar 31, 2026 | 800,000.00 |
| Dec 31, 2025 | -2.20 Mn |
| Sep 30, 2025 | 5.70 Mn |
| Jun 30, 2025 | 2.60 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 3.80 Mn |
| Sep 30, 2023 | 43.40 Mn |
| Jun 30, 2023 | 4.30 Mn |
| Mar 31, 2023 | 700,000.00 |
| Dec 31, 2022 | 87.40 Mn |
| Sep 30, 2022 | 55.20 Mn |
| Jun 30, 2022 | 3.70 Mn |
| Mar 31, 2022 | -200,000.00 |
| Dec 31, 2021 | 4.10 Mn |
| Sep 30, 2021 | 1.90 Mn |
| Jun 30, 2021 | -5.30 Mn |
| Mar 31, 2021 | -2.70 Mn |
| Dec 31, 2020 | 13.70 Mn |
| Sep 30, 2020 | 900,000.00 |