Rackspace Technology (RXT) Operating Expenses (2019 - 2026)

Rackspace Technology's (RXT) quarterly Operating Expenses came in at $136.9 million in Q1 2026, down 17.18% year-on-year from $165.3 million in Q1 2025, and up 10.67% quarter-over-quarter from $123.7 million in Q4 2025.

Rackspace Technology (RXT) Operating Expenses (2019 - 2026) Analysis & Trends

Rackspace Technology has disclosed Operating Expenses across 8 years of filings, most recently posting $136.9 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $136.9 million, down 17.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $578.7 million (down 14.96% YoY), and the FY2025 annual result was $607.1 million, down 14.2% from the prior year.
  • Operating Expenses came in at $136.9 million for Q1 2026 at Rackspace Technology, up from $123.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $220.0 million in Q2 2022 to a low of $123.7 million in Q4 2025.
  • The 5-year median for Operating Expenses is $177.3 million (2023), against an average of $180.8 million.
  • Across the five-year window, Operating Expenses gained 1.17% in 2023 and dropped 22.93% in 2025, its largest moves.
  • Rackspace Technology's Operating Expenses stood at $210.3 million in 2022, then dropped by 21.3% to $165.5 million in 2023, then fell by 3.02% to $160.5 million in 2024, then retreated by 22.93% to $123.7 million in 2025, then rose by 10.67% to $136.9 million in 2026.
  • The last three Operating Expenses figures came in at $136.9 million (Q1 2026), $123.7 million (Q4 2025), and $163.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.42 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 979.89 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 905.10 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 517.59 Mn
10 Rackspace Technology 1.17 Bn 1.07 Bn 119.10 Mn 136.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 136.90 Mn
Dec 31, 2025 123.70 Mn
Sep 30, 2025 163.80 Mn
Jun 30, 2025 154.30 Mn
Mar 31, 2025 165.30 Mn
Dec 31, 2024 160.50 Mn
Sep 30, 2024 169.50 Mn
Jun 30, 2024 185.20 Mn
Mar 31, 2024 192.40 Mn
Dec 31, 2023 165.50 Mn
Sep 30, 2023 177.30 Mn
Jun 30, 2023 216.90 Mn
Mar 31, 2023 207.50 Mn
Dec 31, 2022 210.30 Mn
Sep 30, 2022 219.90 Mn
Jun 30, 2022 220.00 Mn
Mar 31, 2022 205.10 Mn
Dec 31, 2021 208.60 Mn
Sep 30, 2021 234.60 Mn
Jun 30, 2021 232.60 Mn