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| 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 |