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| 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 |