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

Rackspace Technology (RXT) reported Operating Expenses of $136.9 million for Q1 2026, down 17.18% on a YoY basis from $165.3 million in Q1 2025, and up 10.67% sequentially from $123.7 million in Q4 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.

  • For the quarter ending Q1 2026, Operating Expenses fell 17.18% year-over-year to $136.9 million; the trailing twelve-month figure through Mar 2026 stood at $578.7 million (down 14.96% YoY), and the FY2025 full-year result was $607.1 million, down 14.2% from the prior year.
  • Operating Expenses advanced to $136.9 million in Q1 2026, 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.
  • A 5-year average of $180.8 million and a median of $177.3 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses gained 1.17% in 2023 and dropped 22.93% in 2025, its largest moves.
  • Tracing RXT's Operating Expenses over 5 years: stood at $210.3 million in 2022, then slipped by 21.3% to $165.5 million in 2023, then declined by 3.02% to $160.5 million in 2024, then fell by 22.93% to $123.7 million in 2025, then increased 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 2,921.46 Bn 2,797.02 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -363.49 Mn
3 Oracle 344.13 Bn 312.24 Bn - 13.05 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 979.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 517.59 Mn
10 Rackspace Technology 931.01 Mn 837.41 Mn 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