Growth Metrics

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

Rackspace Technology has reported Operating Margin over the past 8 years, most recently at 2.62% for Q1 2026.

  • Quarterly results put Operating Margin at 2.62% for Q1 2026, up 315.0% from a year ago — trailing twelve months through Mar 2026 was 2.97% (up 790.0% YoY), and the annual figure for FY2025 was 3.75%, up 2946.0%.
  • Operating Margin reached 2.62% in Q1 2026 per RXT's latest filing, down from 0.48% in the prior quarter.
  • Across five years, Operating Margin topped out at 2.7% in Q1 2022 and bottomed at 94.5% in Q1 2024.
  • Median Operating Margin over the past 5 years was 5.77% (2025), compared with a mean of 20.94%.
  • The largest annual shift saw Operating Margin plummeted -7927bps in 2023 before it skyrocketed 8873bps in 2025.
  • Over 5 years, Operating Margin stood at 28.87% in 2022, then surged by 93bps to 2.11% in 2023, then crashed by -99bps to 4.2% in 2024, then skyrocketed by 88bps to 0.48% in 2025, then tumbled by -443bps to 2.62% in 2026.
  • Business Quant data shows Operating Margin for RXT at 2.62% in Q1 2026, 0.48% in Q4 2025, and 5.05% in Q3 2025.