Rackspace Technology (RXT) Operating Expenses (2019 - 2026)
Rackspace Technology (RXT) posted Operating Expenses of $136.9 million for Q1 2026, up 10.67% sequentially from $123.7 million in Q4 2025, and down 17.18% YoY from $165.3 million in Q1 2025.
Rackspace Technology (RXT) Operating Expenses (2019 - 2026) Analysis & Trends
Rackspace Technology (RXT) has 8 years of Operating Expenses data on file, last reported at $136.9 million in Q1 2026.
- Quarterly Operating Expenses fell 17.18% year-over-year to $136.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $578.7 million (down 14.96% YoY) and the FY2025 annual result came in at $607.1 million, down 14.2% from the prior year.
- Operating Expenses advanced to $136.9 million in Q1 2026 per RXT's latest filing, from $123.7 million in the prior quarter.
- The five-year high for Operating Expenses was $220.0 million in Q2 2022, with the low at $123.7 million in Q4 2025.
- Average Operating Expenses over 5 years is $180.8 million, with a median of $177.3 million recorded in 2023.
- Year-over-year, Operating Expenses increased 1.17% in 2023 and decreased 22.93% in 2025.
- Rackspace Technology's Operating Expenses stood at $210.3 million in 2022, then retreated by 21.3% to $165.5 million in 2023, then slipped by 3.02% to $160.5 million in 2024, then dropped by 22.93% to $123.7 million in 2025, then climbed by 10.67% to $136.9 million in 2026.
- Business Quant data shows RXT's Operating Expenses at $136.9 million in Q1 2026, $123.7 million in Q4 2025, and $163.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.05 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.08 Bn |
| 10 | Rackspace Technology | 1.60 Bn | 1.50 Bn | 119.10 Mn | 136.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |