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
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