Rackspace Technology (RXT) Cost of Revenue (2019 - 2026)
Rackspace Technology's Cost of Revenue was $555.3 million in Q2 2026, up 3.4% from $537.1 million a year earlier but down 0.7% from the prior quarter.
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Rackspace Technology (RXT) Cost of Revenue (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Rackspace Technology's Cost of Revenue was $2.22 billion through Jun 30, 2026, up 2.3% year-over-year; for FY2025, it came in at $2.18 billion, down 1.1% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $2.2 billion in FY2024 (-5.4%), $2.33 billion in FY2023 (+2.8%), $2.27 billion in FY2022 (+9.3%) and $2.07 billion in FY2021 (+20.3%).
- Quarterly Cost of Revenue has moved between $530.8 million (Q3 2021) and $593.2 million (Q2 2023) over five years.
- Compared with a year earlier, Cost of Revenue has increased for four straight quarters, with an average decline of 0.8% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was Q3 2021 (growth of 21.8%); the worst was Q3 2024 (a decline of 7.3%).
- Per Business Quant data, RXT's Cost of Revenue in the three quarters before Q2 2026 was $559 million (Q1 2026), $562.4 million (Q4 2025) and $541.3 million (Q3 2025).
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Rackspace Technology Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "RXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();