Rackspace Technology (RXT) Interest Expenses (2019 - 2026)
Rackspace Technology's Interest Expenses came in at $34.2 million for Q2 2026, up 60.6% from $21.3 million a year earlier and up 30.5% from the prior quarter.
Rackspace Technology (RXT) Interest Expenses (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Rackspace Technology reported Interest Expenses of $102.4 million, up 33.7% year-over-year; for FY2025, it was $82.7 million, down 15.6% from FY2024.
- Interest Expenses carries a five-year compound annual growth rate of -21.0% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $98 million in FY2024 (-55.8%), $221.6 million in FY2023 (+6.3%), $208.5 million in FY2022 (+1.7%) and $205.1 million in FY2021 (-23.6%).
- The Q2 2026 figure represents the highest quarterly Interest Expenses since Q1 2024.
- Year-over-year, Interest Expenses has increased for five consecutive quarters, with an average decline of 5.4% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q2 2026 (growth of 60.6%), and the weakest in Q3 2024 (a decline of 68.1%).
- Business Quant data shows RXT's Interest Expenses at $26.2 million (Q1 2026), $20.8 million (Q4 2025) and $21.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 19.00 Mn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | - |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | - |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | - |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | - |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 66.46 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 6.34 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 33.00 Mn |
| 10 | Rackspace Technology | 787.84 Mn | 378.34 Mn | 114.80 Mn | 34.20 Mn |
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 |
Rackspace Technology Interest Expenses 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=interest-expenses&ticker=RXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();