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 (RXT) has 8 years of Gross Margin data on file, last reported 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 steadied at 17.56% in Q1 2026 per RXT's latest filing, from 17.63% in the prior quarter.
  • The five-year high for Gross Margin was 29.14% in Q1 2022, with the low at 17.56% in Q1 2026.
  • Average Gross Margin over 5 years is 21.52%, with a median of 20.35% recorded in 2024.
  • Year-over-year, Gross Margin plunged 849 bps in 2023 and advanced 21 bps in 2025.
  • Rackspace Technology's Gross Margin stood at 25.39% in 2022, then dropped by 16 bps to 21.41% in 2023, then dropped by 10 bps to 19.21% in 2024, then retreated by 8 bps to 17.63% in 2025, then declined by 0 bps to 17.56% in 2026.
  • Business Quant data shows RXT's Gross Margin at 17.56% in Q1 2026, 17.63% in Q4 2025, and 19.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 67.63%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 89.22%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 86.78%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 73.59%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 76.12%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 80.29%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 71.21%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 73.54%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 48.03%
10 Rackspace Technology 1.60 Bn 1.50 Bn 119.10 Mn 17.56%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 31.66%