Filing Flows › Rackspace Technology (RXT) › Q1 2026 › vs Q1 2025
Rackspace Technology (RXT) Q1 2026 vs Q1 2025 (year over year)
Rackspace Technology's revenue rose $12.7M (+2%) from $665M in Q1 2025 to $678M in Q1 2026.
Rackspace Technology, Q1 2026: revenue $678M (+2% year over year), operating margin -2.6%, net earnings $8.3M, operating cash flow $5.1M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $678M | $665M | $12.7M | +2% |
| Other income, net | $26.0M | −$24.9M | $50.9M | — |
| Income tax benefit | $100K | −$8.2M | $8.3M | — |
| Costs & expenses | $704M | $737M | −$32.7M | -4% |
| Operating costs | $696M | $704M | −$7.9M | -1% |
| Net earnings | $8.3M | −$71.5M | $79.8M | — |
| Cost of revenue | $559M | $538M | $20.5M | +4% |
| Operating expenses | $137M | $165M | −$28.4M | -17% |
| Operating cash sources | $55.5M | $14.4M | $41.1M | +285% |
| Depreciation | $40.6M | $73.9M | −$33.3M | -45% |
| Share-based compensation | $6.6M | $12.0M | −$5.4M | -45% |
| Working capital & other | $50.4M | $1.8M | $48.6M | 28× |
| Operating cash flow | $5.1M | $12.6M | −$7.5M | -60% |
| Capital expenditures | $14.5M | $8.3M | $6.2M | +75% |
| Negative free cash flow (OCF − capex) | $9.4M | −$4.3M | $13.7M | — |
Questions
How much did Rackspace Technology's revenue grow year over year in Q1 2026?
Rackspace Technology's revenue rose $12.7M (+2%) from $665M in Q1 2025 to $678M in Q1 2026.