Rackspace Technology (RXT) Current Assets (2019 - 2026)
Rackspace Technology's Current Assets came in at $555.9 million for Q2 2026, up 1.4% from $548.4 million a year earlier and up 3.9% from the prior quarter.
Rackspace Technology (RXT) Current Assets (2019 - 2026) Analysis & Trends
At the end of FY2025, Rackspace Technology's Current Assets was $517.8 million, down 16.3% from FY2024.
- Current Assets has declined in each of the last three years, with a five-year compound annual growth rate of -7.4% (FY2020 to FY2025).
- Going back by year, Current Assets was $618.8 million in FY2024 (-16.2%), $738.1 million in FY2023 (-31.2%), $1.07 billion in FY2022 (+8.5%) and $989.5 million in FY2021 (+30.5%).
- The Q2 2026 figure represents the highest quarterly Current Assets since Q1 2025.
- Year-over-year, Current Assets increased in 1 of the last eight quarters, with an average decline of 15.8%.
- The fastest year-over-year change in Current Assets over five years came in Q4 2021 (growth of 30.5%), and the weakest in Q4 2023 (a decline of 31.2%).
- Business Quant data shows RXT's Current Assets at $535.1 million (Q1 2026), $517.8 million (Q4 2025) and $540.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.03 Bn | 38.53 Bn | 1.60 Bn | 10.41 Bn |
| 2 | Cognizant Technology Solutions | 31.75 Bn | 24.91 Bn | 1.83 Bn | 7.56 Bn |
| 3 | Wipro | 21.48 Bn | 16.18 Bn | 738.00 Mn | 7.22 Bn |
| 4 | Cdw | 19.70 Bn | 17.69 Bn | 1.32 Bn | 9.68 Bn |
| 5 | Td Synnex | 19.65 Bn | 13.81 Bn | 1.43 Bn | 32.89 Bn |
| 6 | Cgi | 17.59 Bn | 15.39 Bn | - | 3.52 Bn |
| 7 | Arrow Electronics | 11.05 Bn | 10.00 Bn | 1.13 Bn | 34.99 Bn |
| 8 | Avnet | 7.49 Bn | 6.67 Bn | 865.03 Mn | 13.33 Bn |
| 9 | EPAM Systems | 6.82 Bn | 2.46 Bn | 429.57 Mn | 2.22 Bn |
| 10 | Rackspace Technology | 674.02 Mn | 264.52 Mn | 114.80 Mn | 555.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 555.90 Mn |
| Mar 31, 2026 | 535.10 Mn |
| Dec 31, 2025 | 517.80 Mn |
| Sep 30, 2025 | 540.90 Mn |
| Jun 30, 2025 | 548.40 Mn |
| Mar 31, 2025 | 581.80 Mn |
| Dec 31, 2024 | 618.80 Mn |
| Sep 30, 2024 | 648.70 Mn |
| Jun 30, 2024 | 696.30 Mn |
| Mar 31, 2024 | 788.30 Mn |
| Dec 31, 2023 | 738.10 Mn |
| Sep 30, 2023 | 845.10 Mn |
| Jun 30, 2023 | 913.50 Mn |
| Mar 31, 2023 | 969.60 Mn |
| Dec 31, 2022 | 1.07 Bn |
| Sep 30, 2022 | 1.03 Bn |
| Jun 30, 2022 | 1.01 Bn |
| Mar 31, 2022 | 1.01 Bn |
| Dec 31, 2021 | 989.50 Mn |
| Sep 30, 2021 | 950.20 Mn |
Rackspace Technology Current Assets 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=current-assets&ticker=RXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "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=current-assets&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();