Rashad has since received four Tony Award nominations for her work on Broadway in the plays Stick Fly, The Trip to Bountiful, A Doll's House, Part 2, and Saint Joan.

)[6][7] In 2012, she appeared in a recurring role on the NBC series Smash,[2] and previously guest starred on The Good Wife, Law & Order: Criminal Intent and Submissions Only.

[2] In April 2013, she appeared on Broadway as Thelma in the revival of The Trip to Bountiful starring Cicely Tyson; for this performance, she received her second Featured Actress Tony nomination.

[8] In 2016, Rashad began starring in the Showtime drama series Billions, and appeared in the film Money Monster directed by Jodie Foster.

In 2018, she starred in the Netflix-produced biographical film Come Sunday, opposite Chiwetel Ejiofor, who played a Pentecostal minister whose thoughts have changed.