Rackspace Technology Operating Expenses Growth & History (RXT)
Rackspace Technology's operating expenses was $607.1M for fiscal 2025.
View full Rackspace Technology company overviewRackspace Technology annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $607.1M | −$835.4M | −57.91% |
| 2024 | 2024-12-31 | $1.44B | −$85.7M | −5.61% |
| 2023 | 2023-12-31 | $1.53B | −$7.7M | −0.50% |
| 2022 | 2022-12-31 | $1.54B | $596.6M | +63.52% |
| 2021 | 2021-12-31 | $939.3M | −$20.4M | −2.13% |
| 2020 | 2020-12-31 | $959.7M | $50.1M | +5.51% |
| 2019 | 2019-12-31 | $909.6M | −$334.7M | −26.90% |
| 2018 | 2018-12-31 | $1.24B | — | — |
Rackspace Technology quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $148.0M | −$6.3M | −4.08% |
| Q1 2026 | 2026-03-31 | $136.9M | −$28.4M | −17.18% |
| Q4 2025 | 2025-12-31 | $123.7M | −$36.8M | −22.93% |
| Q3 2025 | 2025-09-30 | $163.8M | −$147.4M | −47.37% |
| Q2 2025 | 2025-06-30 | $154.3M | −$30.9M | −16.68% |
| Q1 2025 | 2025-03-31 | $165.3M | −$620.3M | −78.96% |
| Q4 2024 | 2024-12-31 | $160.5M | −$8.8M | −5.20% |
| Q3 2024 | 2024-09-30 | $311.2M | −$80.2M | −20.49% |
| Q2 2024 | 2024-06-30 | $185.2M | −$31.7M | −14.62% |
| Q1 2024 | 2024-03-31 | $785.6M | $35.0M | +4.66% |
| Q4 2023 | 2023-12-31 | $169.3M | −$257.7M | −60.35% |
| Q3 2023 | 2023-09-30 | $391.4M | −$292.4M | −42.76% |
| Q2 2023 | 2023-06-30 | $216.9M | −$3.1M | −1.41% |
| Q1 2023 | 2023-03-31 | $750.6M | $545.5M | +265.97% |
| Q4 2022 | 2022-12-31 | $427.0M | $166.0M | +63.60% |
| Q3 2022 | 2022-09-30 | $683.8M | $449.2M | +191.47% |
| Q2 2022 | 2022-06-30 | $220.0M | −$12.6M | −5.42% |
| Q1 2022 | 2022-03-31 | $205.1M | −$6.0M | −2.84% |
| Q4 2021 | 2021-12-31 | $261.0M | $8.8M | +3.49% |
| Q3 2021 | 2021-09-30 | $234.6M | −$25.9M | −9.94% |
| Q2 2021 | 2021-06-30 | $232.6M | $13.4M | +6.11% |
| Q1 2021 | 2021-03-31 | $211.1M | −$16.7M | −7.33% |
| Q4 2020 | 2020-12-31 | $252.2M | — | — |
| Q3 2020 | 2020-09-30 | $260.5M | $38.8M | +17.50% |
| Q2 2020 | 2020-06-30 | $219.2M | −$7.3M | −3.22% |
| Q1 2020 | 2020-03-31 | $227.8M | — | — |
| Q3 2019 | 2019-09-30 | $221.7M | — | — |
| Q2 2019 | 2019-06-30 | $226.5M | — | — |
Rackspace Technology operating expenses trends
Over the last five fiscal years, Rackspace Technology's operating expenses decreased from $959.7M to $607.1M, a change of −$352.6M. The latest reported quarter, Q2 2026, shows $148.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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