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| 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 |