Rackspace Technology (RXT) Cost of Revenue (2019 - 2026)
Rackspace Technology's (RXT) quarterly Cost of Revenue came in at $555.3 million in Q2 2026, up 3.39% year-over-year from $537.1 million in Q2 2025, and down 0.66% quarter-over-quarter from $559.0 million in Q1 2026.
Analysis
Rackspace Technology (RXT) Cost of Revenue (2019 - 2026) Analysis & Trends
Rackspace Technology has disclosed Cost of Revenue across 8 years of filings, most recently posting $555.3 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 3.39% year-over-year to $555.3 million; the TTM figure through Jun 2026 stood at $2.2 billion (up 2.32% YoY), while the FY2025 annual figure was $2.2 billion, down 1.11% from the prior year.
- Cost of Revenue came in at $555.3 million for Q2 2026 at Rackspace Technology, down from $559.0 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.
- Average Cost of Revenue over 5 years is $560.6 million, with a median of $556.6 million recorded in 2024.
- Year-over-year, Cost of Revenue climbed 12.01% in 2022 and fell 7.25% in 2024.
- Over 5 years, Cost of Revenue stood at $587.2 million in 2022, then slipped by 3.68% to $565.6 million in 2023, then slipped by 2.07% to $553.9 million in 2024, then grew by 1.53% to $562.4 million in 2025, then dropped by 1.26% to $555.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $555.3 million in Q2 2026, $559.0 million in Q1 2026, and $562.4 million in Q4 2025.
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