Rackspace Technology (RXT) Cost of Revenue (2019 - 2026)

Rackspace Technology (RXT) reported Cost of Revenue of $559.0 million for Q1 2026, up 3.81% on a YoY basis from $538.5 million in Q1 2025, and down 0.6% sequentially from $562.4 million in Q4 2025.

Rackspace Technology (RXT) Cost of Revenue (2019 - 2026) Analysis & Trends

Rackspace Technology (RXT) has 8 years of Cost of Revenue data on file, last reported at $559.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 3.81% year-over-year to $559.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (up 0.71% YoY), and the FY2025 full-year result was $2.2 billion, down 1.11% from the prior year.
  • Cost of Revenue slipped to $559.0 million in Q1 2026, from $562.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $593.2 million in Q2 2023 to a low of $537.1 million in Q2 2025.
  • A 5-year average of $560.9 million and a median of $558.0 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue advanced 12.01% in 2022 and declined 7.25% in 2024, its largest moves.
  • Tracing RXT's Cost of Revenue over 5 years: stood at $587.2 million in 2022, then decreased by 3.68% to $565.6 million in 2023, then decreased by 2.07% to $553.9 million in 2024, then climbed by 1.53% to $562.4 million in 2025, then decreased by 0.6% to $559.0 million in 2026.
  • Business Quant data shows RXT's Cost of Revenue at $559.0 million in Q1 2026, $562.4 million in Q4 2025, and $541.3 million in Q3 2025.

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