Filing Flows › Rackspace Technology (RXT) › Q3 2026 › vs Q2 2026
Rackspace Technology (RXT) Q3 2026 vs Q2 2026 (quarter over quarter)
Rackspace Technology's revenue fell $61.0M (-9%) from $670M in Q2 2026 to $609M in Q3 2026.
Rackspace Technology, Q3 2026: revenue $609M (-9% year over year), operating margin -2.1%, net loss $53.5M, operating cash flow $35.7M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 0.2% | -7.2% | +7.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $609M | $670M | −$61.0M | -9% |
| Net loss | $53.5M | $67.5M | −$14.0M | -21% |
| Costs & expenses | $663M | $738M | −$75.0M | -10% |
| Operating costs | $622M | $703M | −$81.7M | -12% |
| Interest & other, net | $37.2M | $32.5M | $4.7M | +14% |
| Income tax | $3.8M | $1.8M | $2.0M | +111% |
| Cost of revenue | $496M | $555M | −$59.3M | -11% |
| Operating expenses | $126M | $148M | −$22.4M | -15% |
| Operating cash sources | $89.2M | $36.0M | $53.2M | +148% |
| Depreciation | $39.2M | $38.5M | $700K | +2% |
| Share-based compensation | $4.0M | $10.4M | −$6.4M | -62% |
| Working capital & other | $46.0M | −$12.9M | $58.9M | — |
| Net loss absorbed | $53.5M | $67.5M | −$14.0M | -21% |
| Operating cash flow | $35.7M | −$31.5M | $67.2M | — |
| Free cash flow (OCF − capex) | $1.2M | −$48.3M | $49.5M | — |
| Capital expenditures | $34.5M | $16.8M | $17.7M | +105% |
Questions
How much did Rackspace Technology's revenue grow quarter over quarter in Q3 2026?
Rackspace Technology's revenue fell $61.0M (-9%) from $670M in Q2 2026 to $609M in Q3 2026.