Rackspace Technology (RXT) Gross Margin (2019 - 2026)
Rackspace Technology's (RXT) quarterly Gross Margin came in at 17.13% in Q2 2026, down 226.0% year-over-year from 13.6% in Q2 2025, and down 2.46% quarter-over-quarter from 17.56% in Q1 2026.
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Rackspace Technology (RXT) Gross Margin (2019 - 2026) Analysis & Trends
Rackspace Technology has disclosed Gross Margin across 8 years of filings, most recently posting 17.13% for Q2 2026.
- In Q2 2026, Gross Margin fell 226.0% year-over-year to 17.13%; the TTM figure through Jun 2026 stood at 17.92% (down 159.0% YoY), while the FY2025 annual figure was 18.86%, down 63.0% from the prior year.
- Gross Margin came in at 17.13% for Q2 2026 at Rackspace Technology, down from 17.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 29.14% in Q1 2022 to a low of 17.13% in Q2 2026.
- Average Gross Margin over 5 years is 21.28%, with a median of 19.87% recorded in 2024.
- Year-over-year, Gross Margin sank 849 bps in 2023 and increased 21 bps in 2025.
- Over 5 years, Gross Margin stood at 25.39% in 2022, then retreated by 16 bps to 21.41% in 2023, then retreated by 10 bps to 19.21% in 2024, then dropped by 8 bps to 17.63% in 2025, then decreased by 3 bps to 17.13% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 17.13% in Q2 2026, 17.56% in Q1 2026, and 17.63% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 45.86 Bn | 45.86 Bn | 1.60 Bn | 31.48% |
| 2 | Cognizant Technology Solutions | 27.75 Bn | 26.70 Bn | 1.83 Bn | 33.37% |
| 3 | Cgi | 15.81 Bn | 15.23 Bn | - | - |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | 30.36% |
| 5 | ExlService Holdings | 5.40 Bn | 5.12 Bn | 225.96 Mn | 37.99% |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 12.71% |
| 7 | Kyndryl Holdings | 2.80 Bn | 687.31 Mn | 776.00 Mn | 21.45% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 20.25% |
| 9 | Innodata | 1.88 Bn | 1.63 Bn | 42.46 Mn | 46.08% |
| 10 | Rackspace Technology | 807.82 Mn | 697.22 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% |