Rackspace Technology RXT
NASDAQ RXT
$3.86 +0.13 (+3.62%)
At close: Oct 1, 2026 · 4:00 PM EDT

Rackspace Technology (RXT) Goodwill impairment charges (2021 - 2024)

Updated

Rackspace Technology (RXT) reported Goodwill impairment charges of $714.9 million for FY2024, up 0.9% from $708.8 million in FY2023.

Analysis

Rackspace Technology (RXT) Goodwill impairment charges (2021 - 2024) Analysis & Trends

Dating back to FY2018, Rackspace Technology's Goodwill impairment charges record includes 5 years.

  • Goodwill impairment charges has increased for three consecutive years, with a three-year compound annual growth rate of 138.9% (FY2021 to FY2024).
  • The FY2024 figure ranks as the highest annual Goodwill impairment charges in data going back to FY2018.
  • According to Business Quant data, Goodwill impairment charges came in at $708.8 million in FY2023 (+32.6%), $534.5 million in FY2022 (+920.0%) and $52.4 million in FY2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 43.52 Bn 43.57 Bn 1.60 Bn
2 Cognizant Technology Solutions 25.96 Bn 19.13 Bn 1.83 Bn
3 Td Synnex 20.53 Bn 14.56 Bn 1.34 Bn
4 Cdw 16.06 Bn 14.05 Bn 1.32 Bn
5 Cgi 15.14 Bn 12.92 Bn -
6 Arrow Electronics 11.55 Bn 10.58 Bn 1.13 Bn
7 Avnet 8.20 Bn 7.38 Bn 865.03 Mn
8 Ingram Micro Holding 6.32 Bn 1.92 Bn 958.68 Mn
9 EPAM Systems 5.59 Bn 1.23 Bn 429.57 Mn
10 Rackspace Technology 936.32 Mn 526.82 Mn 114.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 141.70 Mn
Mar 31, 2024 573.20 Mn
Sep 30, 2023 165.70 Mn
Mar 31, 2023 543.10 Mn
Dec 31, 2022 129.30 Mn
Sep 30, 2022 405.20 Mn
Dec 31, 2021 52.40 Mn
API Access

Rackspace Technology Goodwill impairment charges 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=goodwill-impairment-charges&ticker=RXT&period=max&api_key=YOUR_API_KEY