Rackspace Technology (RXT) Tax Provisions (2019 - 2026)
Rackspace Technology's (RXT) quarterly Tax Provisions came in at -$100000.0 in Q1 2026, down 101.22% year-on-year from $8.2 million in Q1 2025, and down 103.23% quarter-over-quarter from $3.1 million in Q4 2025.
Rackspace Technology (RXT) Tax Provisions (2019 - 2026) Analysis & Trends
Rackspace Technology has disclosed Tax Provisions across 8 years of filings, most recently posting -$100000.0 for Q1 2026.
- Tax Provisions for Q1 2026 came in at -$100000.0, down 101.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.7 million (up 250.96% YoY), and the FY2025 annual result was $24.0 million, up 203.0% from the prior year.
- Tax Provisions came in at -$100000.0 for Q1 2026 at Rackspace Technology, down from $3.1 million 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.
- The 5-year median for Tax Provisions is -$100000.0 (2026), against an average of -$6.4 million.
- Across the five-year window, Tax Provisions slumped 2400.0% in 2024 and jumped 542.86% in 2025, its largest moves.
- Rackspace Technology's Tax Provisions stood at -$63.1 million in 2022, then surged by 115.06% to $9.5 million in 2023, then slumped by 107.37% to -$700000.0 in 2024, then surged by 542.86% to $3.1 million in 2025, then tumbled by 103.23% to -$100000.0 in 2026.
- The last three Tax Provisions figures came in at -$100000.0 (Q1 2026), $3.1 million (Q4 2025), and $8.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 7.56 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 184,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 695.00 Mn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 12.20 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 117.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -3.60 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 122.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 14.34 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 1.50 Mn |
| 10 | Rackspace Technology | 1.17 Bn | 1.07 Bn | 119.10 Mn | -100,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |