What is Rackspace Technology, Inc.'s tax benefit?

Rackspace Technology, Inc. (RXT) reported tax benefit of $1.4M in Q1 2026.

How has Rackspace Technology, Inc.'s tax benefit changed year-over-year?

Rackspace Technology, Inc.'s tax benefit decreased by 44.0% year-over-year, from $2.5M to $1.4M.

What is the long-term trend for Rackspace Technology, Inc.'s tax benefit?

Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s tax benefit has grown at a -11.9% compound annual growth rate (CAGR), from $15.8M to $9.5M.

Rackspace Technology, Inc. RXT Tax benefit

Tax benefit at other companies

AccentureACN

$145.38M+1.5%

Other financials

Income statement

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Revenue$678.1M+1.9%

Gross profit$119.1M-6.1%

Operating income-$17.8M+53.6%

Net income$8.3M+112%

EPS (diluted)$0.03+110%

Balance sheet

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Cash & equivalents$96.0M-26.8%

Total debt$3.2B-3.1%

Total equity-$1.2B-13.4%

Total assets$2.8B-6.8%

Cash flow

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Operating cash flow$5.1M-59.5%

CapEx$14.5M+74.7%

Free cash flow-$9.4M-319%

Valuation

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Market cap$1.7B-39.7%

Profitability

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Gross margin18.5%-1.0pp

Operating margin-3%-1.2pp

Net margin-5.4%-1.8pp

FCF margin2.8%—

Returns & leverage

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Return on equity-205.2%-222pp

Debt / equity117.7×+115×

Current ratio0.7×-0.1×

Where this comes from

Reported directly by Rackspace Technology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense.

The official record: Rackspace Technology, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rackspace Technology, Inc.'s tax benefit?: Rackspace Technology, Inc. (RXT) reported tax benefit of $1.4M in Q1 2026.
How has Rackspace Technology, Inc.'s tax benefit changed year-over-year?: Rackspace Technology, Inc.'s tax benefit decreased by 44.0% year-over-year, from $2.5M to $1.4M.
What is the long-term trend for Rackspace Technology, Inc.'s tax benefit?: Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s tax benefit has grown at a -11.9% compound annual growth rate (CAGR), from $15.8M to $9.5M.