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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |