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 (RXT) has 8 years of Tax Provisions data on file, last reported 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.
  • The five-year high for Tax Provisions was $12.0 million in Q3 2024, with the low at -$63.1 million in Q4 2022.
  • Average Tax Provisions over 5 years is -$6.4 million, with a median of -$100000.0 recorded in 2026.
  • Year-over-year, Tax Provisions plunged 2400.0% in 2024 and surged 542.86% in 2025.
  • Rackspace Technology's Tax Provisions stood at -$63.1 million in 2022, then surged by 115.06% to $9.5 million in 2023, then tumbled by 107.37% to -$700000.0 in 2024, then surged by 542.86% to $3.1 million in 2025, then plunged by 103.23% to -$100000.0 in 2026.
  • Business Quant data shows RXT's Tax Provisions at -$100000.0 in Q1 2026, $3.1 million in Q4 2025, and $8.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 7.56 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 1.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 12.20 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 117.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -3.60 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 122.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 1.50 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 14.34 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -84.00 Mn
10 Rackspace Technology 1.60 Bn 1.50 Bn 119.10 Mn -100,000.00

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -10.80 Mn