Rackspace Technology (RXT) Gross Margin (2019 - 2026)
Rackspace Technology (RXT) posted Gross Margin of 17.56% for Q1 2026, little changed sequentially from 17.63% in Q4 2025, and down 151.0% YoY from 34.44% in Q1 2025.
Rackspace Technology (RXT) Gross Margin (2019 - 2026) Analysis & Trends
Rackspace Technology has reported Gross Margin for 8 years, with the latest figure at 17.56% in Q1 2026.
- Quarterly Gross Margin fell 151.0% year-over-year to 17.56% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.48% (down 98.0% YoY) and the FY2025 annual result came in at 18.86%, down 63.0% from the prior year.
- Gross Margin held at 17.56% in Q1 2026 per RXT's latest filing, from 17.63% in the prior quarter.
- Over five years, Gross Margin peaked at 29.14% in Q1 2022 and troughed at 17.56% in Q1 2026.
- A 5-year average of 21.52% and a median of 20.35% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin slumped 849 bps in 2023, then rose 21 bps in 2025.
- Over 5 years, Gross Margin stood at 25.39% in 2022, then slipped by 16 bps to 21.41% in 2023, then slipped by 10 bps to 19.21% in 2024, then fell by 8 bps to 17.63% in 2025, then dropped by 0 bps to 17.56% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 17.56%, 17.63%, and 19.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Rackspace Technology | 881.60 Mn | 771.00 Mn | 114.80 Mn | 17.13% |
Historic Data
Download 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% |