Rackspace Technology (RXT) Tax Rate (2019 - 2023)
Rackspace Technology's Tax Rate was -2.74% in Q2 2026, up 6.48 percentage points from -9.22% a year earlier but down 1.52 percentage points from the prior quarter.
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Analysis
Rackspace Technology (RXT) Tax Rate (2019 - 2023) Analysis & Trends
On a trailing twelve-month basis, Rackspace Technology's Tax Rate was -8.83% through Jun 30, 2026, down 1.83 percentage points year-over-year; for FY2025, it was -11.89%, down 14.54 percentage points from FY2024.
- Tax Rate shows a five-year change of -33.11 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 2.64% in FY2024 (+0.70 pp), 1.94% in FY2023 (-8.41 pp), 10.35% in FY2022 (-2.02 pp) and 12.36% in FY2021 (-8.85 pp).
- Quarterly Tax Rate has moved between -17.02% (Q1 2022) and 610.20% (Q2 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in two of the last eight quarters, with an average year-over-year change of -83.90 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q2 2024 (a gain of 615.22 percentage points); the worst was Q2 2025 (a drop of 619.42 percentage points).
- Per Business Quant data, RXT's Tax Rate in the three quarters before Q2 2026 was -1.22% (Q1 2026), -10.47% (Q4 2025) and -13.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.03 Bn | 38.53 Bn | 1.60 Bn | 29.49% |
| 2 | Cognizant Technology Solutions | 31.75 Bn | 24.91 Bn | 1.83 Bn | 26.40% |
| 3 | Wipro | 21.48 Bn | 16.18 Bn | 738.00 Mn | - |
| 4 | Cdw | 19.70 Bn | 17.69 Bn | 1.32 Bn | 26.55% |
| 5 | Td Synnex | 19.65 Bn | 13.81 Bn | 1.43 Bn | 25.04% |
| 6 | Cgi | 17.59 Bn | 15.39 Bn | - | 26.62% |
| 7 | Arrow Electronics | 11.05 Bn | 10.00 Bn | 1.13 Bn | 22.74% |
| 8 | Avnet | 7.49 Bn | 6.67 Bn | 865.03 Mn | 20.97% |
| 9 | EPAM Systems | 6.82 Bn | 2.46 Bn | 429.57 Mn | 26.73% |
| 10 | Rackspace Technology | 674.02 Mn | 264.52 Mn | 114.80 Mn | - |
API Access
Rackspace Technology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=RXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "RXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=RXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();