Rackspace Technology RXT
NASDAQ RXT
$3.17 -0.02 (-0.47%)
As of: Sep 8, 2026 · 12:37 PM EDT

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

Rackspace Technology's (RXT) quarterly Operating Expenses came in at $148.0 million in Q2 2026, down 4.08% year-over-year from $154.3 million in Q2 2025, and up 8.11% quarter-over-quarter from $136.9 million in Q1 2026.

Analysis

Rackspace Technology (RXT) Operating Expenses (2019 - 2026) Analysis & Trends

Rackspace Technology has disclosed Operating Expenses across 8 years of filings, most recently posting $148.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 4.08% year-over-year to $148.0 million; the TTM figure through Jun 2026 stood at $572.4 million (down 11.88% YoY), while the FY2025 annual figure was $607.1 million, down 14.2% from the prior year.
  • Operating Expenses came in at $148.0 million for Q2 2026 at Rackspace Technology, up from $136.9 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.
  • Average Operating Expenses over 5 years is $179.0 million, with a median of $173.4 million recorded in 2023.
  • Year-over-year, Operating Expenses advanced 1.17% in 2023 and declined 22.93% in 2025.
  • Over 5 years, 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 climbed by 19.64% to $148.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $148.0 million in Q2 2026, $136.9 million in Q1 2026, and $123.7 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Infosys 45.80 Bn 45.80 Bn 1.60 Bn 528.00 Mn
2 Cognizant Technology Solutions 27.72 Bn 26.67 Bn 1.83 Bn 812.00 Mn
3 Cgi 15.78 Bn 15.20 Bn - 12.44 Mn
4 EPAM Systems 5.98 Bn 5.19 Bn 429.57 Mn 245.25 Mn
5 ExlService Holdings 5.40 Bn 5.12 Bn 225.96 Mn 138.67 Mn
6 Science Applications International 5.30 Bn 5.17 Bn 239.00 Mn 87.00 Mn
7 Kyndryl Holdings 2.79 Bn 678.49 Mn 776.00 Mn 630.00 Mn
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 86.63 Mn
9 Innodata 1.87 Bn 1.62 Bn 42.46 Mn 74.59 Mn
10 Rackspace Technology 794.94 Mn 684.34 Mn 114.80 Mn 148.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 148.00 Mn
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