Rackspace Technology (RXT) Interest Expenses (2019 - 2026)
Rackspace Technology's (RXT) quarterly Interest Expenses came in at $34.2 million in Q2 2026, up 60.56% year-over-year from $21.3 million in Q2 2025, and up 30.53% quarter-over-quarter from $26.2 million in Q1 2026.
Analysis
Rackspace Technology (RXT) Interest Expenses (2019 - 2026) Analysis & Trends
Rackspace Technology has disclosed Interest Expenses across 8 years of filings, most recently posting $34.2 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 60.56% year-over-year to $34.2 million; the TTM figure through Jun 2026 stood at $102.4 million (up 33.68% YoY), while the FY2025 annual figure was $82.7 million, down 15.61% from the prior year.
- Interest Expenses came in at $34.2 million for Q2 2026 at Rackspace Technology, up from $26.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $57.3 million in Q2 2023 to a low of $17.9 million in Q4 2024.
- Average Interest Expenses over 5 years is $37.3 million, with a median of $38.9 million recorded in 2024.
- Year-over-year, Interest Expenses sank 68.14% in 2024 and jumped 60.56% in 2026.
- Over 5 years, Interest Expenses stood at $55.6 million in 2022, then fell by 8.45% to $50.9 million in 2023, then sank by 64.83% to $17.9 million in 2024, then increased by 16.2% to $20.8 million in 2025, then soared by 64.42% to $34.2 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $34.2 million in Q2 2026, $26.2 million in Q1 2026, and $20.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 45.76 Bn | 45.76 Bn | 1.60 Bn | 12.57 Mn |
| 2 | Cognizant Technology Solutions | 27.98 Bn | 26.93 Bn | 1.83 Bn | 13.00 Mn |
| 3 | Cgi | 15.74 Bn | 15.16 Bn | - | 22.08 Mn |
| 4 | EPAM Systems | 6.02 Bn | 5.23 Bn | 429.57 Mn | - |
| 5 | Science Applications International | 5.41 Bn | 5.29 Bn | 239.00 Mn | 33.00 Mn |
| 6 | ExlService Holdings | 5.41 Bn | 5.13 Bn | 225.96 Mn | 5.07 Mn |
| 7 | Kyndryl Holdings | 2.82 Bn | 704.96 Mn | 776.00 Mn | 34.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | - |
| 9 | Innodata | 1.88 Bn | 1.63 Bn | 42.46 Mn | - |
| 10 | Rackspace Technology | 806.57 Mn | 695.97 Mn | 114.80 Mn | 34.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.20 Mn |
| Mar 31, 2026 | 26.20 Mn |
| Dec 31, 2025 | 20.80 Mn |
| Sep 30, 2025 | 21.20 Mn |
| Jun 30, 2025 | 21.30 Mn |
| Mar 31, 2025 | 19.40 Mn |
| Dec 31, 2024 | 17.90 Mn |
| Sep 30, 2024 | 18.00 Mn |
| Jun 30, 2024 | 18.40 Mn |
| Mar 31, 2024 | 43.70 Mn |
| Dec 31, 2023 | 50.90 Mn |
| Sep 30, 2023 | 56.50 Mn |
| Jun 30, 2023 | 57.30 Mn |
| Mar 31, 2023 | 56.90 Mn |
| Dec 31, 2022 | 55.60 Mn |
| Sep 30, 2022 | 52.30 Mn |
| Jun 30, 2022 | 50.50 Mn |
| Mar 31, 2022 | 50.10 Mn |
| Dec 31, 2021 | 50.50 Mn |
| Sep 30, 2021 | 51.50 Mn |