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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |