Rackspace Technology Gross Profit Growth & History (RXT)

Rackspace Technology's gross profit was $506.4M for fiscal 2025.

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Rackspace Technology annual gross profit history

Rackspace Technology annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20252025-12-31$506.4M−$27.0M−5.06%
20242024-12-31$533.4M−$95.4M−15.17%
20232023-12-31$628.8M−$228.1M−26.62%
20222022-12-31$856.9M−$79.9M−8.53%
20212021-12-31$936.8M−$47.6M−4.84%
20202020-12-31$984.4M−$26.8M−2.65%
20192019-12-31$1.01B$4.1M+0.41%
20182018-12-31$1.01B

Rackspace Technology gross profit trends

Over the last five fiscal years, Rackspace Technology's gross profit decreased from $984.4M to $506.4M, a change of −$478.0M. The latest reported quarter, Q2 2026, shows $114.8M.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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