Rackspace Technology RXT
NASDAQ RXT
$3.23 +0.04 (+1.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

Rackspace Technology (RXT) Net Income (2019 - 2026)

Rackspace Technology's (RXT) quarterly Net Income came in at -$67.5 million in Q2 2026, down 23.85% year-over-year from -$88.6 million in Q2 2025, and down 913.25% quarter-over-quarter from $8.3 million in Q1 2026.

Analysis

Rackspace Technology (RXT) Net Income (2019 - 2026) Analysis & Trends

Rackspace Technology has disclosed Net Income across 8 years of filings, most recently posting -$67.5 million for Q2 2026.

  • In Q2 2026, Net Income fell 23.85% year-over-year to -$67.5 million; the TTM figure through Jun 2026 stood at -$159.0 million (up 56.86% YoY), while the FY2025 annual figure was -$225.8 million, up 73.69% from the prior year.
  • Net Income came in at -$67.5 million for Q2 2026 at Rackspace Technology, down from $8.3 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $28.0 million in Q4 2023 to a low of -$640.6 million in Q1 2024.
  • Average Net Income over 5 years is -$154.8 million, with a median of -$61.6 million recorded in 2024.
  • Year-over-year, Net Income sank 1489.61% in 2023 and soared 191.91% in 2024.
  • Over 5 years, Net Income stood at -$214.0 million in 2022, then jumped by 113.08% to $28.0 million in 2023, then plunged by 300.0% to -$56.0 million in 2024, then soared by 41.61% to -$32.7 million in 2025, then slumped by 106.42% to -$67.5 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were -$67.5 million in Q2 2026, $8.3 million in Q1 2026, and -$32.7 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Infosys 45.76 Bn 45.76 Bn 1.60 Bn 821.25 Mn
2 Cognizant Technology Solutions 27.98 Bn 26.93 Bn 1.83 Bn 644.00 Mn
3 Cgi 15.74 Bn 15.16 Bn - 336.31 Mn
4 EPAM Systems 6.02 Bn 5.23 Bn 429.57 Mn 102.98 Mn
5 Science Applications International 5.41 Bn 5.29 Bn 239.00 Mn 102.00 Mn
6 ExlService Holdings 5.41 Bn 5.13 Bn 225.96 Mn 64.54 Mn
7 Kyndryl Holdings 2.82 Bn 704.96 Mn 776.00 Mn -55.00 Mn
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 51.96 Mn
9 Innodata 1.88 Bn 1.63 Bn 42.46 Mn 17.56 Mn
10 Rackspace Technology 806.57 Mn 695.97 Mn 114.80 Mn -67.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -67.50 Mn
Mar 31, 2026 8.30 Mn
Dec 31, 2025 -32.70 Mn
Sep 30, 2025 -67.10 Mn
Jun 30, 2025 -54.50 Mn
Mar 31, 2025 -71.50 Mn
Dec 31, 2024 -56.00 Mn
Sep 30, 2024 -186.60 Mn
Jun 30, 2024 25.00 Mn
Mar 31, 2024 -640.60 Mn
Dec 31, 2023 28.00 Mn
Sep 30, 2023 -226.60 Mn
Jun 30, 2023 -27.20 Mn
Mar 31, 2023 -612.00 Mn
Dec 31, 2022 -214.00 Mn
Sep 30, 2022 -511.70 Mn
Jun 30, 2022 -40.60 Mn
Mar 31, 2022 -38.50 Mn
Dec 31, 2021 -82.90 Mn
Sep 30, 2021 -34.80 Mn