Rackspace Technology (RXT) Operating Margin (2019 - 2026)
Rackspace Technology (RXT) posted Operating Margin of 2.62% for Q1 2026, down 443.13% sequentially from 0.48% in Q4 2025, and up 315.0% YoY from 0.63% in Q1 2025.
Rackspace Technology (RXT) Operating Margin (2019 - 2026) Analysis & Trends
Rackspace Technology has reported Operating Margin for 8 years, with the latest figure at 2.62% in Q1 2026.
- Quarterly Operating Margin rose 315.0% year-over-year to 2.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.97% (up 790.0% YoY) and the FY2025 annual result came in at 3.75%, up 2946.0% from the prior year.
- Operating Margin retreated to 2.62% in Q1 2026 per RXT's latest filing, from 0.48% in the prior quarter.
- Over five years, Operating Margin peaked at 2.7% in Q1 2022 and troughed at 94.5% in Q1 2024.
- A 5-year average of 20.94% and a median of 5.77% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2025: Operating Margin tumbled 7927 bps in 2023, then soared 8873 bps in 2025.
- Over 5 years, Operating Margin stood at 28.87% in 2022, then jumped by 93 bps to 2.11% in 2023, then tumbled by 99 bps to 4.2% in 2024, then soared by 88 bps to 0.48% in 2025, then plunged by 443 bps to 2.62% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 2.62%, 0.48%, and 5.05% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 45.11% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 47.12% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 31.97% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -6.10% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 33.66% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -29.55% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 8.43% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -1.90% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 6.75% |
| 10 | Rackspace Technology | 881.60 Mn | 771.00 Mn | 114.80 Mn | -4.95% |
Historic Data
Download 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% |