Rackspace Technology (RXT) Gross Profit (2019 - 2026)
Rackspace Technology's Gross Profit came in at $114.8 million for Q2 2026, down 11.1% from $129.2 million a year earlier and down 3.6% from the prior quarter.
Rackspace Technology (RXT) Gross Profit (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Rackspace Technology reported Gross Profit of $484.2 million, down 7.8% year-over-year; for FY2025, it came in at $506.4 million, down 5.1% from FY2024.
- Gross Profit has declined in each of the last six years, with a five-year compound annual growth rate of -12.4% (FY2020 to FY2025).
- Going back by year, Gross Profit was $533.4 million in FY2024 (-15.2%), $628.8 million in FY2023 (-26.6%), $856.9 million in FY2022 (-8.5%) and $936.8 million in FY2021 (-4.8%).
- The Q2 2026 figure represents the lowest quarterly Gross Profit in data going back to Q2 2019.
- Year-over-year, Gross Profit has declined for 25 consecutive quarters, with an average decline of 7.7% over the last eight quarters.
- Across the past five years, year-over-year decline in Gross Profit ran from 1.7% in Q2 2025 to 31.7% in Q2 2023.
- Business Quant data shows RXT's Gross Profit at $119.1 million (Q1 2026), $120.4 million (Q4 2025) and $129.9 million (Q3 2025) in the three quarters before Q2 2026.
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.80 Mn |
| Mar 31, 2026 | 119.10 Mn |
| Dec 31, 2025 | 120.40 Mn |
| Sep 30, 2025 | 129.90 Mn |
| Jun 30, 2025 | 129.20 Mn |
| Mar 31, 2025 | 126.90 Mn |
| Dec 31, 2024 | 131.70 Mn |
| Sep 30, 2024 | 137.50 Mn |
| Jun 30, 2024 | 131.40 Mn |
| Mar 31, 2024 | 132.80 Mn |
| Dec 31, 2023 | 154.10 Mn |
| Sep 30, 2023 | 152.00 Mn |
| Jun 30, 2023 | 153.10 Mn |
| Mar 31, 2023 | 169.60 Mn |
| Dec 31, 2022 | 199.80 Mn |
| Sep 30, 2022 | 207.10 Mn |
| Jun 30, 2022 | 224.00 Mn |
| Mar 31, 2022 | 226.00 Mn |
| Dec 31, 2021 | 234.30 Mn |
| Sep 30, 2021 | 231.70 Mn |
Rackspace Technology Gross Profit 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-profit&ticker=RXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();