Rackspace Technology (RXT) Gross Margin (2019 - 2026)
Rackspace Technology (RXT) reported Gross Margin of 17.13% for Q2 2026, down 2.26 percentage points from 19.39% a year earlier and down 0.43 percentage points from the prior quarter.
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Analysis
Rackspace Technology (RXT) Gross Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Rackspace Technology's Gross Margin came in at 17.92%, down 1.59 percentage points year-over-year; for FY2025, it came in at 18.86%, down 0.63 percentage points from FY2024.
- Gross Margin has declined for six consecutive years, with a five-year change of -17.51 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 19.49% in FY2024 (-1.78 pp), 21.26% in FY2023 (-6.18 pp), 27.44% in FY2022 (-3.68 pp) and 31.13% in FY2021 (-5.24 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin in data going back to Q2 2019.
- Year over year, Gross Margin has now declined in each of the last four quarters, with an average year-over-year change of -1.11 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q2 2025 (a gain of 0.21 percentage points); the low point was Q2 2023 (a drop of 8.49 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 17.56% (Q1 2026), 17.63% (Q4 2025) and 19.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 31.48% |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 33.37% |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | 6.84% |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 20.08% |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | 11.26% |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 10.43% |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 6.60% |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 30.36% |
| 10 | Rackspace Technology | 953.94 Mn | 544.44 Mn | 114.80 Mn | 17.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.13% |
| Mar 31, 2026 | 17.56% |
| Dec 31, 2025 | 17.63% |
| Sep 30, 2025 | 19.35% |
| Jun 30, 2025 | 19.39% |
| Mar 31, 2025 | 19.07% |
| Dec 31, 2024 | 19.21% |
| Sep 30, 2024 | 20.35% |
| Jun 30, 2024 | 19.19% |
| Mar 31, 2024 | 19.22% |
| Dec 31, 2023 | 21.41% |
| Sep 30, 2023 | 20.75% |
| Jun 30, 2023 | 20.51% |
| Mar 31, 2023 | 22.35% |
| Dec 31, 2022 | 25.39% |
| Sep 30, 2022 | 26.30% |
| Jun 30, 2022 | 29.01% |
| Mar 31, 2022 | 29.14% |
| Dec 31, 2021 | 30.14% |
| Sep 30, 2021 | 30.39% |
API Access
Rackspace Technology Gross Margin 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=gross-margin&ticker=RXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();