Rackspace Technology RXT
NASDAQ RXT
$3.23 +0.04 (+1.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Rackspace Technology's (RXT) quarterly Operating Income came in at -$33.2 million in Q2 2026, down 32.27% year-over-year from -$49.0 million in Q2 2025, and down 86.52% quarter-over-quarter from -$17.8 million in Q1 2026.

Analysis

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

Rackspace Technology has disclosed Operating Income across 8 years of filings, most recently posting -$33.2 million for Q2 2026.

  • In Q2 2026, Operating Income fell 32.27% year-over-year to -$33.2 million; the TTM figure through Jun 2026 stood at -$88.2 million (up 66.84% YoY), while the FY2025 annual figure was -$100.7 million, up 88.92% from the prior year.
  • Operating Income came in at -$33.2 million for Q2 2026 at Rackspace Technology, down from -$17.8 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $20.9 million in Q1 2022 to a low of -$652.8 million in Q1 2024.
  • Average Operating Income over 5 years is -$146.6 million, with a median of -$36.2 million recorded in 2025.
  • Year-over-year, Operating Income slumped 16337.93% in 2022 and surged 94.12% in 2025.
  • Over 5 years, Operating Income stood at -$227.2 million in 2022, then soared by 93.31% to -$15.2 million in 2023, then sank by 89.47% to -$28.8 million in 2024, then surged by 88.54% to -$3.3 million in 2025, then slumped by 906.06% to -$33.2 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$33.2 million in Q2 2026, -$17.8 million in Q1 2026, and -$3.3 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Infosys 45.76 Bn 45.76 Bn 1.60 Bn 1.07 Bn
2 Cognizant Technology Solutions 27.98 Bn 26.93 Bn 1.83 Bn 874.00 Mn
3 Cgi 15.74 Bn 15.16 Bn - -
4 EPAM Systems 6.02 Bn 5.23 Bn 429.57 Mn 152.22 Mn
5 Science Applications International 5.41 Bn 5.29 Bn 239.00 Mn 152.00 Mn
6 ExlService Holdings 5.41 Bn 5.13 Bn 225.96 Mn 87.30 Mn
7 Kyndryl Holdings 2.82 Bn 704.96 Mn 776.00 Mn 146.00 Mn
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 1,520.00
9 Innodata 1.88 Bn 1.63 Bn 42.46 Mn 15.86 Mn
10 Rackspace Technology 806.57 Mn 695.97 Mn 114.80 Mn -33.20 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -33.20 Mn
Mar 31, 2026 -17.80 Mn
Dec 31, 2025 -3.30 Mn
Sep 30, 2025 -33.90 Mn
Jun 30, 2025 -25.10 Mn
Mar 31, 2025 -38.40 Mn
Dec 31, 2024 -28.80 Mn
Sep 30, 2024 -173.70 Mn
Jun 30, 2024 -53.80 Mn
Mar 31, 2024 -652.80 Mn
Dec 31, 2023 -15.20 Mn
Sep 30, 2023 -239.40 Mn
Jun 30, 2023 -63.80 Mn
Mar 31, 2023 -581.00 Mn
Dec 31, 2022 -227.20 Mn
Sep 30, 2022 -476.70 Mn
Jun 30, 2022 4.00 Mn
Mar 31, 2022 20.90 Mn
Dec 31, 2021 -26.70 Mn
Sep 30, 2021 -2.90 Mn