Rackspace Technology RXT
NASDAQ RXT
$3.51 -0.44 (-11.14%)
At close: Aug 18, 2026 · 3:59 PM UTC

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
DateValue
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