Rackspace Technology (RXT) Tax Provisions (2019 - 2026)
Rackspace Technology (RXT) posted Tax Provisions of -$100000.0 for Q1 2026, down 103.23% sequentially from $3.1 million in Q4 2025, and down 101.22% YoY from $8.2 million in Q1 2025.
Rackspace Technology (RXT) Tax Provisions (2019 - 2026) Analysis & Trends
Rackspace Technology has reported Tax Provisions for 8 years, with the latest figure at -$100000.0 in Q1 2026.
- Quarterly Tax Provisions fell 101.22% year-over-year to -$100000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.7 million (up 250.96% YoY) and the FY2025 annual result came in at $24.0 million, up 203.0% from the prior year.
- Tax Provisions fell to -$100000.0 in Q1 2026 per RXT's latest filing, from $3.1 million in the prior quarter.
- Over five years, Tax Provisions peaked at $12.0 million in Q3 2024 and troughed at -$63.1 million in Q4 2022.
- A 5-year average of -$6.4 million and a median of -$100000.0 in 2026 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions slumped 2400.0% in 2024, then soared 542.86% in 2025.
- Over 5 years, Tax Provisions stood at -$63.1 million in 2022, then jumped by 115.06% to $9.5 million in 2023, then slumped by 107.37% to -$700000.0 in 2024, then jumped by 542.86% to $3.1 million in 2025, then tumbled by 103.23% to -$100000.0 in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$100000.0, $3.1 million, and $8.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.94 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.38 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -555.00 Mn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 21.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 115.00 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 2.04 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 14.34 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 62.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 214.41 Mn |
| 10 | Rackspace Technology | 881.60 Mn | 771.00 Mn | 114.80 Mn | 1.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Mn |
| Mar 31, 2026 | -100,000.00 |
| Dec 31, 2025 | 3.10 Mn |
| Sep 30, 2025 | 8.10 Mn |
| Jun 30, 2025 | 4.60 Mn |
| Mar 31, 2025 | 8.20 Mn |
| Dec 31, 2024 | -700,000.00 |
| Sep 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | -29.90 Mn |
| Mar 31, 2024 | -4.70 Mn |
| Dec 31, 2023 | 9.50 Mn |
| Sep 30, 2023 | -16.50 Mn |
| Jun 30, 2023 | 1.30 Mn |
| Mar 31, 2023 | -10.90 Mn |
| Dec 31, 2022 | -63.10 Mn |
| Sep 30, 2022 | -23.40 Mn |
| Jun 30, 2022 | -12.00 Mn |
| Mar 31, 2022 | 5.60 Mn |
| Dec 31, 2021 | 6.40 Mn |
| Sep 30, 2021 | -19.50 Mn |