Rackspace Technology Gross Margin Growth & History (RXT)
Rackspace Technology's gross margin was 18.86% for fiscal 2025.
View full Rackspace Technology company overviewRackspace Technology annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.86% | −0.63 pp |
| 2024 | 2024-12-31 | 19.49% | −1.78 pp |
| 2023 | 2023-12-31 | 21.26% | −6.18 pp |
| 2022 | 2022-12-31 | 27.44% | −3.68 pp |
| 2021 | 2021-12-31 | 31.13% | −5.24 pp |
| 2020 | 2020-12-31 | 36.36% | −5.11 pp |
| 2019 | 2019-12-31 | 41.47% | +0.42 pp |
| 2018 | 2018-12-31 | 41.06% | — |
Rackspace Technology quarterly gross margin
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 17.13% | −2.26 pp |
| Q1 2026 | 2026-03-31 | 17.56% | −1.51 pp |
| Q4 2025 | 2025-12-31 | 17.63% | −1.58 pp |
| Q3 2025 | 2025-09-30 | 19.35% | −0.99 pp |
| Q2 2025 | 2025-06-30 | 19.39% | +0.21 pp |
| Q1 2025 | 2025-03-31 | 19.07% | −0.15 pp |
| Q4 2024 | 2024-12-31 | 19.21% | −2.20 pp |
| Q3 2024 | 2024-09-30 | 20.35% | −0.41 pp |
| Q2 2024 | 2024-06-30 | 19.19% | −1.33 pp |
| Q1 2024 | 2024-03-31 | 19.22% | −3.13 pp |
| Q4 2023 | 2023-12-31 | 21.41% | −3.98 pp |
| Q3 2023 | 2023-09-30 | 20.75% | −5.54 pp |
| Q2 2023 | 2023-06-30 | 20.51% | −8.49 pp |
| Q1 2023 | 2023-03-31 | 22.35% | −6.79 pp |
| Q4 2022 | 2022-12-31 | 25.39% | −4.76 pp |
| Q3 2022 | 2022-09-30 | 26.30% | −4.09 pp |
| Q2 2022 | 2022-06-30 | 29.01% | −2.65 pp |
| Q1 2022 | 2022-03-31 | 29.14% | −3.27 pp |
| Q4 2021 | 2021-12-31 | 30.14% | −4.40 pp |
| Q3 2021 | 2021-09-30 | 30.39% | −5.67 pp |
| Q2 2021 | 2021-06-30 | 31.66% | −5.19 pp |
| Q1 2021 | 2021-03-31 | 32.41% | −5.78 pp |
| Q4 2020 | 2020-12-31 | 34.54% | — |
| Q3 2020 | 2020-09-30 | 36.06% | −6.12 pp |
| Q2 2020 | 2020-06-30 | 36.85% | −5.00 pp |
| Q1 2020 | 2020-03-31 | 38.20% | — |
| Q3 2019 | 2019-09-30 | 42.18% | — |
| Q2 2019 | 2019-06-30 | 41.85% | — |
Rackspace Technology gross margin trends
Over the last five fiscal years, Rackspace Technology's gross margin decreased from 36.36% to 18.86%, a change of −17.51 percentage points. The latest reported quarter, Q2 2026, shows 17.13%.
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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Rackspace introduces a Blackwell-based AI architecture for regulated customers
Rackspace ($RXT) joined the Nvidia ($NVDA) Cloud Partner Program and announced an AI-infrastructure architecture aimed at regulated enterprises and governments. Its Institutional Sovereign Pod is designed to combine Nvidia Blackwell computi ...