Rackspace Technology (RXT) Tax Provisions (2019 - 2026)
Rackspace Technology's (RXT) quarterly Tax Provisions came in at $1.8 million in Q2 2026, down 60.87% year-over-year from $4.6 million in Q2 2025, and up 1900.0% quarter-over-quarter from -$100000.0 in Q1 2026.
Analysis
Rackspace Technology (RXT) Tax Provisions (2019 - 2026) Analysis & Trends
Rackspace Technology has disclosed Tax Provisions across 8 years of filings, most recently posting $1.8 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 60.87% year-over-year to $1.8 million; the TTM figure through Jun 2026 stood at $12.9 million (down 46.47% YoY), while the FY2025 annual figure was $24.0 million, up 203.0% from the prior year.
- Tax Provisions came in at $1.8 million for Q2 2026 at Rackspace Technology, up from -$100000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $12.0 million in Q3 2024 to a low of -$63.1 million in Q4 2022.
- Average Tax Provisions over 5 years is -$5.9 million, with a median of $600000.0 recorded in 2023.
- Year-over-year, Tax Provisions sank 2400.0% in 2024 and surged 542.86% in 2025.
- Over 5 years, Tax Provisions stood at -$63.1 million in 2022, then surged by 115.06% to $9.5 million in 2023, then plunged by 107.37% to -$700000.0 in 2024, then surged by 542.86% to $3.1 million in 2025, then tumbled by 41.94% to $1.8 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $1.8 million in Q2 2026, -$100000.0 in Q1 2026, and $3.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 46.02 Bn | 46.02 Bn | 1.60 Bn | 343.00 Mn |
| 2 | Cognizant Technology Solutions | 27.87 Bn | 26.82 Bn | 1.83 Bn | 231.00 Mn |
| 3 | Cgi | 15.73 Bn | 15.15 Bn | - | 121.97 Mn |
| 4 | EPAM Systems | 6.00 Bn | 5.21 Bn | 429.57 Mn | 37.57 Mn |
| 5 | ExlService Holdings | 5.43 Bn | 5.15 Bn | 225.96 Mn | 19.43 Mn |
| 6 | Science Applications International | 5.38 Bn | 5.26 Bn | 239.00 Mn | 17.00 Mn |
| 7 | Kyndryl Holdings | 2.83 Bn | 716.14 Mn | 776.00 Mn | -14.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 14.06 Mn |
| 9 | Innodata | 1.88 Bn | 1.63 Bn | 42.46 Mn | - |
| 10 | Rackspace Technology | 800.32 Mn | 689.72 Mn | 114.80 Mn | 1.80 Mn |
Historic Data
Download Data
Historic 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 |