Rackspace Technology (RXT) Operating Margin (2019 - 2026)
Rackspace Technology's (RXT) quarterly Operating Margin came in at 4.95% in Q2 2026, down 119.0% year-over-year from 26.08% in Q2 2025, and down 88.74% quarter-over-quarter from 2.62% in Q1 2026.
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Rackspace Technology (RXT) Operating Margin (2019 - 2026) Analysis & Trends
Rackspace Technology has disclosed Operating Margin across 8 years of filings, most recently posting 4.95% for Q2 2026.
- In Q2 2026, Operating Margin fell 119.0% year-over-year to 4.95%; the TTM figure through Jun 2026 stood at 3.26% (up 661.0% YoY), while the FY2025 annual figure was 3.75%, up 2946.0% from the prior year.
- Operating Margin came in at 4.95% for Q2 2026 at Rackspace Technology, down from 2.62% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 2.7% in Q1 2022 to a low of 94.5% in Q1 2024.
- Average Operating Margin over 5 years is 20.06%, with a median of 5.41% recorded in 2025.
- Year-over-year, Operating Margin slumped 7927 bps in 2023 and surged 8873 bps in 2025.
- Over 5 years, Operating Margin stood at 28.87% in 2022, then surged by 93 bps to 2.11% in 2023, then sank by 99 bps to 4.2% in 2024, then jumped by 88 bps to 0.48% in 2025, then tumbled by 925 bps to 4.95% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 4.95% in Q2 2026, 2.62% in Q1 2026, and 0.48% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 45.80 Bn | 45.80 Bn | 1.60 Bn | 21.09% |
| 2 | Cognizant Technology Solutions | 27.71 Bn | 26.66 Bn | 1.83 Bn | 15.95% |
| 3 | Cgi | 15.77 Bn | 15.19 Bn | - | - |
| 4 | EPAM Systems | 6.00 Bn | 5.21 Bn | 429.57 Mn | 10.76% |
| 5 | ExlService Holdings | 5.40 Bn | 5.12 Bn | 225.96 Mn | 14.68% |
| 6 | Science Applications International | 5.31 Bn | 5.18 Bn | 239.00 Mn | 8.09% |
| 7 | Kyndryl Holdings | 2.79 Bn | 678.49 Mn | 776.00 Mn | 4.04% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 0.00% |
| 9 | Innodata | 1.87 Bn | 1.62 Bn | 42.46 Mn | 17.21% |
| 10 | Rackspace Technology | 794.07 Mn | 683.47 Mn | 114.80 Mn | -4.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.95% |
| Mar 31, 2026 | -2.62% |
| Dec 31, 2025 | -0.48% |
| Sep 30, 2025 | -5.05% |
| Jun 30, 2025 | -3.77% |
| Mar 31, 2025 | -5.77% |
| Dec 31, 2024 | -4.20% |
| Sep 30, 2024 | -25.70% |
| Jun 30, 2024 | -7.86% |
| Mar 31, 2024 | -94.50% |
| Dec 31, 2023 | -2.11% |
| Sep 30, 2023 | -32.69% |
| Jun 30, 2023 | -8.55% |
| Mar 31, 2023 | -76.58% |
| Dec 31, 2022 | -28.87% |
| Sep 30, 2022 | -60.53% |
| Jun 30, 2022 | 0.52% |
| Mar 31, 2022 | 2.70% |
| Dec 31, 2021 | -3.43% |
| Sep 30, 2021 | -0.38% |