Rackspace Technology (RXT) Payables (2019 - 2026)
Rackspace Technology (RXT) reported Payables of $394.8 million for Q2 2026, up 1.3% from $389.8 million a year earlier but down 4.5% from the prior quarter.
Rackspace Technology (RXT) Payables (2019 - 2026) Analysis & Trends
At the end of FY2025, Rackspace Technology posted Payables of $413.9 million, up 6.2% from FY2024.
- Payables has a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- By year, Payables came in at $389.6 million in FY2024 (-10.0%), $432.7 million in FY2023 (-3.3%), $447.3 million in FY2022 (+21.1%) and $369.5 million in FY2021 (+29.5%).
- Five-year quarterly Payables spans a low of $369.5 million in Q4 2021 and a high of $447.3 million in Q4 2022.
- Year over year, Payables has now increased in each of the last four quarters, with an average decline of 0.6% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q3 2021 (growth of 40.7%); the low point was Q4 2024 (a decline of 10.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $413.6 million (Q1 2026), $413.9 million (Q4 2025) and $415.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 463.39 Mn |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 390.00 Mn |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | 21.18 Bn |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 5.12 Bn |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | 809.53 Mn |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | 27.11 Bn |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 6.05 Bn |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 11.80 Bn |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 41.55 Mn |
| 10 | Rackspace Technology | 953.94 Mn | 544.44 Mn | 114.80 Mn | 394.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 394.80 Mn |
| Mar 31, 2026 | 413.60 Mn |
| Dec 31, 2025 | 413.90 Mn |
| Sep 30, 2025 | 415.10 Mn |
| Jun 30, 2025 | 389.80 Mn |
| Mar 31, 2025 | 388.90 Mn |
| Dec 31, 2024 | 389.60 Mn |
| Sep 30, 2024 | 407.90 Mn |
| Jun 30, 2024 | 401.90 Mn |
| Mar 31, 2024 | 410.20 Mn |
| Dec 31, 2023 | 432.70 Mn |
| Sep 30, 2023 | 416.80 Mn |
| Jun 30, 2023 | 397.00 Mn |
| Mar 31, 2023 | 384.20 Mn |
| Dec 31, 2022 | 447.30 Mn |
| Sep 30, 2022 | 409.10 Mn |
| Jun 30, 2022 | 388.00 Mn |
| Mar 31, 2022 | 390.20 Mn |
| Dec 31, 2021 | 369.50 Mn |
| Sep 30, 2021 | 372.00 Mn |
Rackspace Technology Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=RXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "RXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();