Rackspace Technology (RXT) Interest Expenses (2019 - 2026)
Rackspace Technology (RXT) posted Interest Expenses of -$230.9 million for Q1 2026, down 1204.78% sequentially from $20.9 million in Q4 2025, and down 1140.09% YoY from $22.2 million in Q1 2025.
Rackspace Technology (RXT) Interest Expenses (2019 - 2026) Analysis & Trends
Rackspace Technology has reported Interest Expenses for 8 years, with the latest figure at -$230.9 million in Q1 2026.
- Quarterly Interest Expenses fell 1140.09% year-over-year to -$230.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$230.9 million (down 381.24% YoY) and the FY2025 annual result came in at -$256.8 million, up 23.62% from the prior year.
- Interest Expenses declined to -$230.9 million in Q1 2026 per RXT's latest filing, from $20.9 million in the prior quarter.
- Over five years, Interest Expenses peaked at $57.3 million in Q2 2023 and troughed at -$295.9 million in Q2 2025.
- A 5-year average of -$12.6 million and a median of $50.1 million in 2022 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses increased 13.57% in 2023, then plunged 1708.15% in 2025.
- Over 5 years, Interest Expenses stood at $55.6 million in 2022, then decreased by 8.45% to $50.9 million in 2023, then plunged by 53.83% to $23.5 million in 2024, then fell by 11.06% to $20.9 million in 2025, then tumbled by 1204.78% to -$230.9 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$230.9 million, $20.9 million, and -$273.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 4.23 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.96 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 1.44 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 889.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 75.20 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 287.36 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.38 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 29.14 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 134.29 Mn |
| 10 | Rackspace Technology | 881.60 Mn | 771.00 Mn | 114.80 Mn | -215.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -215.40 Mn |
| Jun 30, 2026 | -215.40 Mn |
| Mar 31, 2026 | -230.90 Mn |
| Mar 31, 2026 | -230.90 Mn |
| Dec 31, 2025 | 20.90 Mn |
| Dec 31, 2025 | 20.90 Mn |
| Sep 30, 2025 | -273.20 Mn |
| Sep 30, 2025 | -273.20 Mn |
| Jun 30, 2025 | -295.90 Mn |
| Jun 30, 2025 | -295.90 Mn |
| Mar 31, 2025 | 22.20 Mn |
| Mar 31, 2025 | 22.20 Mn |
| Dec 31, 2024 | 23.50 Mn |
| Dec 31, 2024 | 23.50 Mn |
| Sep 30, 2024 | 18.00 Mn |
| Sep 30, 2024 | 18.00 Mn |
| Jun 30, 2024 | 18.40 Mn |
| Jun 30, 2024 | 18.40 Mn |
| Mar 31, 2024 | 53.30 Mn |
| Mar 31, 2024 | 53.30 Mn |