Rackspace Technology (RXT) Tax Rate (2019 - 2026)
Rackspace Technology (RXT) posted Tax Rate of 1.22% for Q1 2026, up 88.36% sequentially from 10.47% in Q4 2025, and up 1173.0% YoY from 0.1% in Q1 2025.
Rackspace Technology (RXT) Tax Rate (2019 - 2026) Analysis & Trends
Rackspace Technology (RXT) has 8 years of Tax Rate data on file, last reported at 1.22% in Q1 2026.
- Quarterly Tax Rate rose 1173.0% year-over-year to 1.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.05% (down 1552.0% YoY) and the FY2025 annual result came in at 11.89%, down 1454.0% from the prior year.
- Tax Rate improved to 1.22% in Q1 2026 per RXT's latest filing, from 10.47% in the prior quarter.
- The five-year high for Tax Rate was 610.2% in Q2 2024, with the low at 17.02% in Q1 2022.
- Average Tax Rate over 5 years is 36.44%, with a median of 0.73% recorded in 2024.
- Year-over-year, Tax Rate soared 61522 bps in 2024 and slumped 61942 bps in 2025.
- Rackspace Technology's Tax Rate stood at 22.77% in 2022, then rose by 11 bps to 25.33% in 2023, then slumped by 95 bps to 1.23% in 2024, then slumped by 948 bps to 10.47% in 2025, then soared by 88 bps to 1.22% in 2026.
- Business Quant data shows RXT's Tax Rate at 1.22% in Q1 2026, 10.47% in Q4 2025, and 13.73% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | Rackspace Technology | 1.60 Bn | 1.50 Bn | 119.10 Mn | -1.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.22% |
| Mar 31, 2026 | -1.22% |
| Dec 31, 2025 | -10.47% |
| Dec 31, 2025 | -10.47% |
| Sep 30, 2025 | -13.73% |
| Sep 30, 2025 | -13.73% |
| Jun 30, 2025 | -9.22% |
| Jun 30, 2025 | -9.22% |
| Mar 31, 2025 | -12.95% |
| Mar 31, 2025 | -12.95% |
| Dec 31, 2024 | 1.23% |
| Dec 31, 2024 | 1.23% |
| Sep 30, 2024 | -6.87% |
| Sep 30, 2024 | -6.87% |
| Jun 30, 2024 | 610.20% |
| Jun 30, 2024 | 610.20% |
| Mar 31, 2024 | 0.73% |
| Mar 31, 2024 | 0.73% |
| Dec 31, 2023 | 25.33% |
| Dec 31, 2023 | 25.33% |