Growth Metrics

Rackspace Technology (RXT) Cost Of Revenue (2019 - 2025)

Rackspace Technology has reported Cost of Revenue over the past 8 years, most recently at $559.0 million for Q1 2026.

  • Quarterly results put Cost of Revenue at $559.0 million for Q1 2026, up 3.81% from a year ago — trailing twelve months through Mar 2026 was $2.2 billion (up 0.71% YoY), and the annual figure for FY2025 was $2.2 billion, down 1.11%.
  • Cost of Revenue reached $559.0 million in Q1 2026 per RXT's latest filing, down from $562.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $593.2 million in Q2 2023 and bottomed at $537.1 million in Q2 2025.
  • Median Cost of Revenue over the past 5 years was $558.0 million (2024), compared with a mean of $560.9 million.
  • The largest annual shift saw Cost of Revenue increased 12.01% in 2022 before it decreased 7.25% in 2024.
  • Over 5 years, Cost of Revenue stood at $587.2 million in 2022, then fell by 3.68% to $565.6 million in 2023, then fell by 2.07% to $553.9 million in 2024, then grew by 1.53% to $562.4 million in 2025, then fell by 0.6% to $559.0 million in 2026.
  • Business Quant data shows Cost of Revenue for RXT at $559.0 million in Q1 2026, $562.4 million in Q4 2025, and $541.3 million in Q3 2025.