Rackspace Technology (RXT) Net Margin (2019 - 2026)
Rackspace Technology's Net Margin was -10.07% in Q2 2026, down 1.89 percentage points from -8.18% a year earlier and down 11.30 percentage points from the prior quarter.
Rackspace Technology (RXT) Net Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Rackspace Technology's Net Margin was -5.88% through Jun 30, 2026, up 7.80 percentage points year-over-year; for FY2025, it came in at -8.41%, up 22.95 percentage points from FY2024.
- Net Margin shows a five-year change of +0.67 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -31.35% in FY2024 (-3.02 pp), -28.33% in FY2023 (-2.56 pp), -25.78% in FY2022 (-18.52 pp) and -7.25% in FY2021 (+1.83 pp).
- The Q2 2026 figure marks the lowest quarterly Net Margin since Q1 2025.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +11.56 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q1 2025 (a gain of 81.99 percentage points); the worst was Q1 2023 (a drop of 75.70 percentage points).
- Per Business Quant data, RXT's Net Margin in the three quarters before Q2 2026 was 1.22% (Q1 2026), -4.79% (Q4 2025) and -10.00% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 16.16% |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 11.60% |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | 1.71% |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 4.18% |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | 11.09% |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | 2.73% |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 1.53% |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 0.76% |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 7.28% |
| 10 | Rackspace Technology | 953.94 Mn | 544.44 Mn | 114.80 Mn | -10.07% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.07% |
| Mar 31, 2026 | 1.22% |
| Dec 31, 2025 | -4.79% |
| Sep 30, 2025 | -10.00% |
| Jun 30, 2025 | -8.18% |
| Mar 31, 2025 | -10.75% |
| Dec 31, 2024 | -8.17% |
| Sep 30, 2024 | -27.61% |
| Jun 30, 2024 | 3.65% |
| Mar 31, 2024 | -92.73% |
| Dec 31, 2023 | 3.89% |
| Sep 30, 2023 | -30.94% |
| Jun 30, 2023 | -3.64% |
| Mar 31, 2023 | -80.66% |
| Dec 31, 2022 | -27.19% |
| Sep 30, 2022 | -64.97% |
| Jun 30, 2022 | -5.26% |
| Mar 31, 2022 | -4.96% |
| Dec 31, 2021 | -10.67% |
| Sep 30, 2021 | -4.56% |
Rackspace Technology Net Margin 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=net-margin&ticker=RXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();