Rackspace Technology (RXT) Net Margin (2019 - 2026)
Rackspace Technology's (RXT) quarterly Net Margin came in at 10.07% in Q2 2026, down 59.0% year-over-year from 24.57% in Q2 2025, and down 1277.69% quarter-over-quarter from 0.86% in Q1 2026.
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Rackspace Technology (RXT) Net Margin (2019 - 2026) Analysis & Trends
Rackspace Technology has disclosed Net Margin across 8 years of filings, most recently posting 10.07% for Q2 2026.
- In Q2 2026, Net Margin fell 59.0% year-over-year to 10.07%; the TTM figure through Jun 2026 stood at 6.59% (up 851.0% YoY), while the FY2025 annual figure was 9.67%, up 2326.0% from the prior year.
- Net Margin came in at 10.07% for Q2 2026 at Rackspace Technology, down from 0.86% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 2.5% in Q4 2023 to a low of 94.34% in Q1 2024.
- Average Net Margin over 5 years is 22.02%, with a median of 9.84% recorded in 2024.
- Year-over-year, Net Margin tumbled 7699 bps in 2023 and soared 8232 bps in 2025.
- Over 5 years, Net Margin stood at 27.64% in 2022, then surged by 109 bps to 2.5% in 2023, then tumbled by 484 bps to 9.61% in 2024, then jumped by 38 bps to 5.95% in 2025, then slumped by 69 bps to 10.07% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 10.07% in Q2 2026, 0.86% in Q1 2026, and 5.95% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 45.96 Bn | 45.96 Bn | 1.60 Bn | 16.16% |
| 2 | Cognizant Technology Solutions | 27.91 Bn | 26.86 Bn | 1.83 Bn | 11.75% |
| 3 | Cgi | 15.77 Bn | 15.19 Bn | - | 11.09% |
| 4 | EPAM Systems | 6.02 Bn | 5.24 Bn | 429.57 Mn | 7.28% |
| 5 | ExlService Holdings | 5.43 Bn | 5.15 Bn | 225.96 Mn | 10.85% |
| 6 | Science Applications International | 5.39 Bn | 5.26 Bn | 239.00 Mn | 5.43% |
| 7 | Kyndryl Holdings | 2.83 Bn | 715.99 Mn | 776.00 Mn | -1.52% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 2.97% |
| 9 | Innodata | 1.88 Bn | 1.63 Bn | 42.46 Mn | 19.05% |
| 10 | Rackspace Technology | 804.07 Mn | 693.47 Mn | 114.80 Mn | -10.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.07% |
| Mar 31, 2026 | 0.86% |
| Dec 31, 2025 | -5.95% |
| Sep 30, 2025 | -11.29% |
| Jun 30, 2025 | -9.49% |
| Mar 31, 2025 | -12.02% |
| Dec 31, 2024 | -9.61% |
| Sep 30, 2024 | -29.24% |
| Jun 30, 2024 | 2.03% |
| Mar 31, 2024 | -94.34% |
| Dec 31, 2023 | 2.50% |
| Sep 30, 2023 | -31.96% |
| Jun 30, 2023 | -4.56% |
| Mar 31, 2023 | -81.40% |
| Dec 31, 2022 | -27.64% |
| Sep 30, 2022 | -64.89% |
| Jun 30, 2022 | -4.82% |
| Mar 31, 2022 | -4.41% |
| Dec 31, 2021 | -10.07% |
| Sep 30, 2021 | -3.97% |