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Rackspace Technology (RXT) Financials

Rackspace Technology logo
$5.82 -1.47 (-20.16%)
Closing price 05/15/2026 04:00 PM Eastern
Extended Trading
$5.79 -0.03 (-0.53%)
As of 05/15/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Rackspace Technology

Annual Income Statements for Rackspace Technology

This table shows Rackspace Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-471 -102 -246 -218 -805 -838 -858 -226
Consolidated Net Income / (Loss)
-471 -102 -246 -218 -805 -838 -858 -226
Net Income / (Loss) Continuing Operations
-471 -102 -246 -218 -805 -838 -858 -226
Total Pre-Tax Income
-501 -122 -312 -249 -898 -854 -882 -202
Total Operating Income
-237 102 25 -2.50 -679 -899 -909 -101
Total Gross Profit
1,007 1,011 984 937 857 629 533 506
Total Revenue
2,453 2,438 2,707 3,010 3,122 2,957 2,737 2,686
Operating Revenue
2,453 2,438 2,707 3,010 3,122 2,957 2,737 2,686
Total Cost of Revenue
1,446 1,427 1,723 2,073 2,265 2,328 2,204 2,179
Operating Cost of Revenue
1,446 1,427 1,723 2,073 2,265 2,328 2,204 2,179
Total Operating Expenses
1,244 910 960 939 1,536 1,528 1,443 607
Selling, General & Admin Expense
949 912 960 907 855 767 708 607
Impairment Charge
295 0.00 0.00 52 681 761 735 0.00
Total Other Income / (Expense), net
-263 -224 -337 -247 -219 45 28 -101
Interest Expense
281 320 340 243 209 -50 -49 83
Interest & Investment Income
4.60 100 0.70 -3.00 -0.20 0.30 0.10 0.30
Other Income / (Expense), net
13 -3.30 2.50 -1.00 -10 -5.00 -22 -19
Income Tax Expense
-30 -20 -66 -31 -93 -17 -23 24
Basic Earnings per Share
($2.85) ($0.62) ($1.37) ($1.05) ($3.81) ($3.89) ($3.82) ($0.95)
Weighted Average Basic Shares Outstanding
165.20M 165.30M 179.60M 208M 211.20M 215.30M 224.80M 238.70M
Diluted Earnings per Share
($2.85) ($0.62) ($1.37) ($1.05) ($3.81) ($3.89) ($3.82) ($0.95)
Weighted Average Diluted Shares Outstanding
165.20M 165.30M 179.60M 208M 211.20M 215.30M 224.80M 238.70M
Weighted Average Basic & Diluted Shares Outstanding
165.20M 165.30M 179.60M 211.97M 212.85M 219.76M 237.31M 246.91M

Quarterly Income Statements for Rackspace Technology

This table shows Rackspace Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
-227 28 -641 25 -187 -56 -72 -55 -67 -33 8.30
Consolidated Net Income / (Loss)
-227 28 -641 25 -187 -56 -72 -55 -67 -33 8.30
Net Income / (Loss) Continuing Operations
-227 28 -641 25 -187 -56 -72 -55 -67 -33 8.30
Total Pre-Tax Income
-243 38 -645 -4.90 -175 -57 -63 -50 -59 -30 8.20
Total Operating Income
-239 -15 -653 -54 -174 -29 -38 -25 -34 -3.30 -18
Total Gross Profit
152 154 133 131 138 132 127 129 130 120 119
Total Revenue
732 720 691 685 676 686 665 666 671 683 678
Operating Revenue
732 720 691 685 676 686 665 666 671 683 678
Total Cost of Revenue
580 566 558 554 538 554 539 537 541 562 559
Operating Cost of Revenue
580 566 558 554 538 554 539 537 541 562 559
Total Operating Expenses
391 169 786 185 311 161 165 154 164 124 137
Selling, General & Admin Expense
177 166 192 185 170 161 165 154 164 124 137
Total Other Income / (Expense), net
-3.70 53 7.50 49 -0.90 -28 -25 -25 -25 -26 26
Interest Expense
1.10 -57 -13 -54 0.00 18 19 21 21 21 -30
Interest & Investment Income
0.00 0.10 0.10 0.00 0.10 -0.10 -0.10 0.30 0.10 - -0.10
Other Income / (Expense), net
-2.60 -4.70 -5.60 -5.20 -1.00 -9.90 -5.40 -3.80 -4.00 -5.50 -3.50
Income Tax Expense
-17 9.50 -4.70 -30 12 -0.70 8.20 4.60 8.10 3.10 -0.10
Basic Earnings per Share
($1.05) $0.16 ($2.91) $0.11 ($0.82) ($0.20) ($0.31) ($0.23) ($0.28) ($0.13) $0.03
Weighted Average Basic Shares Outstanding
216M 215.30M 219.80M 224.50M 226.40M 224.80M 231.90M 238M 240.40M 238.70M 246.30M
Diluted Earnings per Share
($1.05) $0.16 ($2.91) $0.11 ($0.82) ($0.20) ($0.31) ($0.23) ($0.28) ($0.13) $0.03
Weighted Average Diluted Shares Outstanding
216M 215.30M 219.80M 229.60M 226.40M 224.80M 231.90M 238M 240.40M 238.70M 249.70M
Weighted Average Basic & Diluted Shares Outstanding
216.41M 219.76M 223.85M 226.03M 227.57M 237.31M 237.39M 239.36M 243.59M 246.91M 249.22M

Annual Cash Flow Statements for Rackspace Technology

This table details how cash moves in and out of Rackspace Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
28 -171 21 167 -44 -32 -53 -39
Net Cash From Operating Activities
430 293 117 371 247 375 40 151
Net Cash From Continuing Operating Activities
430 293 117 371 247 375 40 151
Net Income / (Loss) Continuing Operations
-471 -102 -246 -218 -805 -838 -858 -226
Consolidated Net Income / (Loss)
-471 -102 -246 -218 -805 -838 -858 -226
Depreciation Expense
611 496 466 425 388 370 295 298
Amortization Expense
18 89 89 75 68 7.90 70 70
Non-Cash Adjustments To Reconcile Net Income
323 -64 169 144 766 636 630 47
Changes in Operating Assets and Liabilities, net
-51 -126 -361 -55 -170 199 -97 -38
Net Cash From Investing Activities
-348 -387 -128 -69 -98 -96 -87 -58
Net Cash From Continuing Investing Activities
-348 -387 -128 -69 -98 -96 -87 -58
Purchase of Property, Plant & Equipment
-294 -198 -117 -108 -80 -97 -111 -61
Sale of Property, Plant & Equipment
- 0.00 0.00 31 0.00 0.00 17 0.00
Other Investing Activities, net
2.40 1.30 -3.30 8.10 -9.80 0.90 7.60 2.40
Net Cash From Financing Activities
-54 -79 30 -132 -187 -313 -3.00 -135
Net Cash From Continuing Financing Activities
-54 -79 30 -132 -187 -313 -3.00 -135
Repayment of Debt
-52 -320 -1,459 -2,912 -26 -242 -185 -198
Issuance of Debt
0.00 225 860 2,839 0.00 50 275 155
Issuance of Common Equity
3.20 0.00 689 61 3.70 1.30 0.90 0.50
Other Financing Activities, net
-5.00 18 -60 -119 -133 -122 -94 -92
Effect of Exchange Rate Changes
- 1.70 2.80 -2.30 -5.80 2.20 -3.00 2.60
Cash Interest Paid
263 265 263 179 178 214 104 83
Cash Income Taxes Paid
14 7.20 16 5.50 11 12 11 8.30

Quarterly Cash Flow Statements for Rackspace Technology

This table details how cash moves in and out of Rackspace Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
118 -81 86 -92 -33 -13 -16 -25 -4.40 6.70 -12
Net Cash From Operating Activities
267 72 -90 24 52 54 13 8.40 71 60 5.10
Net Cash From Continuing Operating Activities
267 72 -90 24 52 54 13 8.40 71 60 5.10
Net Income / (Loss) Continuing Operations
-227 28 -641 25 -187 -56 -72 -55 -67 -33 8.30
Consolidated Net Income / (Loss)
-227 28 -641 25 -187 -56 -72 -55 -67 -33 8.30
Depreciation Expense
90 87 75 74 73 73 74 75 75 74 72
Amortization Expense
17 17 -2.00 17 24 15 1.50 34 18 17 18
Non-Cash Adjustments To Reconcile Net Income
175 -87 541 -53 137 21 30 -3.70 20 1.00 -50
Changes in Operating Assets and Liabilities, net
211 27 -63 -40 4.60 0.90 -21 -42 26 -0.20 -43
Net Cash From Investing Activities
-27 -34 -11 -38 -19 -18 -8.80 -21 -26 -3.00 -12
Net Cash From Continuing Investing Activities
-27 -34 -11 -38 -19 -18 -8.80 -21 -26 -3.00 -12
Purchase of Property, Plant & Equipment
-28 -34 -28 -39 -25 -20 -8.30 -21 -28 -3.70 -15
Other Investing Activities, net
0.10 0.20 0.10 0.20 5.10 2.20 -0.50 -0.30 2.50 0.70 3.00
Net Cash From Financing Activities
-121 -121 188 -78 -67 -46 -21 -15 -49 -50 -4.10
Net Cash From Continuing Financing Activities
-121 -121 188 -78 -67 -46 -21 -15 -49 -50 -4.10
Repayment of Debt
-85 -90 -58 -56 -47 -25 -26 -41 -76 -55 -105
Issuance of Debt
- - 275 - - - 30 50 50 25 125
Other Financing Activities, net
-36 -32 -29 -22 -21 -22 -25 -24 -23 -20 -25
Effect of Exchange Rate Changes
-1.10 1.90 -1.00 -0.30 2.00 -3.70 0.90 2.40 -0.70 - -1.50
Cash Interest Paid
53 48 53 17 14 20 22 19 22 20 28
Cash Income Taxes Paid
4.30 2.00 1.00 5.80 2.90 1.10 1.20 0.10 1.40 5.60 1.80

Annual Balance Sheets for Rackspace Technology

This table presents Rackspace Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
6,272 6,378 6,329 5,457 4,096 3,054 2,800
Total Current Assets
544 759 990 1,073 738 619 518
Cash & Equivalents
84 105 273 228 197 144 106
Accounts Receivable
350 483 554 622 340 299 267
Prepaid Expenses
76 124 110 97 87 85 84
Other Current Assets
33 47 52 125 114 91 61
Plant, Property, & Equipment, net
0.00 885 827 628 609 601 596
Total Noncurrent Assets
5,729 4,735 4,513 3,755 2,749 1,834 1,686
Goodwill
2,746 2,761 2,707 2,155 1,452 736 740
Intangible Assets
1,817 1,646 1,467 1,236 1,019 845 698
Other Noncurrent Operating Assets
1,166 327 339 364 278 254 247
Total Liabilities & Shareholders' Equity
6,272 6,378 6,329 5,457 4,096 3,054 2,800
Total Liabilities
5,374 4,994 5,001 4,827 4,251 4,058 4,019
Total Current Liabilities
672 742 837 857 800 767 767
Short-Term Debt
29 43 23 23 23 29 27
Accounts Payable
260 285 370 447 433 390 414
Current Deferred Revenue
67 77 99 81 79 84 95
Current Employee Benefit Liabilities
129 111 105 95 72 97 85
Other Current Liabilities
151 200 214 174 172 160 140
Other Current Nonoperating Liabilities
36 27 28 36 21 7.40 5.40
Total Noncurrent Liabilities
4,702 4,252 4,164 3,971 3,451 3,292 3,253
Long-Term Debt
3,844 3,319 3,311 3,295 2,840 2,756 2,719
Noncurrent Deferred & Payable Income Tax Liabilities
327 237 206 127 79 30 35
Other Noncurrent Operating Liabilities
531 696 647 549 532 505 499
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
899 1,384 1,327 630 -155 -1,004 -1,220
Total Preferred & Common Equity
899 1,384 1,327 630 -155 -1,004 -1,220
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
899 1,384 1,327 630 -155 -1,004 -1,220
Common Stock
1,604 2,366 2,502 2,576 2,640 2,685 2,712
Retained Earnings
-718 -963 -1,182 -1,986 -2,824 -3,682 -3,908
Treasury Stock
- - 0.00 -31 -31 -31 -31
Accumulated Other Comprehensive Income / (Loss)
12 -19 6.90 71 60 24 7.50

Quarterly Balance Sheets for Rackspace Technology

This table presents Rackspace Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
5,688 4,755 4,665 4,280 3,516 3,394 3,146 2,966 2,895 2,845 2,765
Total Current Assets
1,034 970 914 845 788 696 649 582 548 541 535
Cash & Equivalents
249 174 160 278 283 190 157 128 104 100 94
Accounts Receivable
593 572 544 349 303 323 312 269 254 274 266
Prepaid Expenses
95 112 90 93 111 87 95 100 111 90 129
Other Current Assets
96 112 120 125 91 97 84 85 79 78 46
Plant, Property, & Equipment, net
708 651 641 614 617 612 616 594 595 589 587
Total Noncurrent Assets
3,946 3,134 3,110 2,821 2,111 2,085 1,881 1,790 1,752 1,715 1,643
Goodwill
2,271 1,615 1,618 1,448 878 878 740 737 741 740 739
Intangible Assets
1,291 1,196 1,155 1,058 960 922 883 808 770 733 667
Other Noncurrent Operating Assets
385 324 337 315 273 286 258 246 240 243 237
Total Liabilities & Shareholders' Equity
5,688 4,755 4,665 4,280 3,516 3,394 3,146 2,966 2,895 2,845 2,765
Total Liabilities
4,872 4,730 4,633 4,463 4,303 4,150 4,096 4,039 4,014 4,032 3,982
Total Current Liabilities
826 791 776 825 754 771 769 735 715 766 786
Short-Term Debt
23 23 23 47 80 113 83 26 33 30 27
Accounts Payable
409 384 397 417 410 402 408 389 390 415 414
Current Deferred Revenue
88 101 74 82 79 73 69 76 68 73 130
Current Employee Benefit Liabilities
93 66 72 84 64 72 94 82 70 94 70
Other Current Liabilities
180 179 188 177 108 104 107 155 148 146 140
Other Current Nonoperating Liabilities
33 38 22 18 13 8.30 8.10 7.10 6.20 8.00 5.20
Total Noncurrent Liabilities
4,046 3,940 3,856 3,638 3,549 3,379 3,327 3,304 3,299 3,266 3,197
Long-Term Debt
3,299 3,269 3,174 3,012 2,974 2,816 2,782 2,762 2,767 2,742 2,682
Noncurrent Deferred & Payable Income Tax Liabilities
187 106 113 92 59 36 26 27 24 25 35
Other Noncurrent Operating Liabilities
559 565 569 535 446 437 432 516 508 499 480
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
816 24 32 -183 -787 -756 -950 -1,073 -1,119 -1,187 -1,217
Total Preferred & Common Equity
816 24 32 -183 -787 -756 -950 -1,073 -1,119 -1,187 -1,217
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
816 24 32 -183 -787 -756 -950 -1,073 -1,119 -1,187 -1,217
Common Stock
2,564 2,590 2,610 2,626 2,650 2,663 2,674 2,693 2,699 2,708 2,716
Retained Earnings
-1,772 -2,598 -2,626 -2,852 -3,465 -3,440 -3,626 -3,754 -3,808 -3,876 -3,900
Treasury Stock
-31 -31 -31 -31 -31 -31 -31 -31 - -31 -31
Accumulated Other Comprehensive Income / (Loss)
55 64 79 75 59 51 33 19 21 12 -1.80

Annual Metrics And Ratios for Rackspace Technology

This table displays calculated financial ratios and metrics derived from Rackspace Technology's official financial filings.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
0.00 0.00 200,293,675.00 210,032,072.00 - - - 243,592,120.00
DEI Adjusted Shares Outstanding
0.00 0.00 200,293,675.00 210,032,072.00 - - - 243,592,120.00
DEI Earnings Per Adjusted Shares Outstanding
0.00 0.00 -1.23 -1.04 - - - -0.93
Growth Metrics
- - - - - - - -
Profitability Metrics
- - - - - - - -
Net Operating Profit after Tax (NOPAT)
-166 71 17 -1.75 -475 -630 -636 -70
Return On Investment Capital (ROIC_SIMPLE)
- - - - -12.04% -23.25% -35.72% -4.62%
Earnings before Interest and Taxes (EBIT)
-225 98 27 -3.50 -689 -904 -931 -119
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
405 683 582 496 -233 -454 -566 249
Valuation Ratios
- - - - - - - -
Leverage & Solvency
- - - - - - - -
Liquidity Ratios
- - - - - - - -
Cash Flow Metrics
- - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -4,653 73 250 185 594 251 148
Efficiency Ratios
- - - - - - - -
Capital & Investment Metrics
- - - - - - - -
Invested Capital
0.00 4,724 4,668 4,416 3,756 2,532 1,645 1,426
Increase / (Decrease) in Invested Capital
0.00 4,724 -56 -252 -660 -1,224 -887 -219
Book Value per Share
$0.00 $5.44 $6.91 $6.32 $2.98 ($0.71) ($4.41) ($5.01)
Tangible Book Value per Share
$0.00 ($22.17) ($15.10) ($13.55) ($13.08) ($12.13) ($11.36) ($10.91)
Total Capital
0.00 4,772 4,746 4,661 3,948 2,708 1,781 1,527
Total Debt
0.00 3,873 3,363 3,334 3,318 2,863 2,786 2,746
Total Long-Term Debt
0.00 3,844 3,319 3,311 3,295 2,840 2,756 2,719
Net Debt
0.00 3,790 3,258 3,061 3,090 2,666 2,642 2,640
Capital Expenditures (CapEx)
294 198 117 77 80 97 94 61
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -183 -45 -98 11 -235 -263 -327
Debt-free Net Working Capital (DFNWC)
0.00 -99 60 175 240 -38 -119 -222
Net Working Capital (NWC)
0.00 -128 16 152 217 -61 -148 -249
Net Nonoperating Expense (NNE)
305 173 263 217 330 208 222 155
Net Nonoperating Obligations (NNO)
0.00 3,826 3,285 3,089 3,126 2,686 2,649 2,646
Total Depreciation and Amortization (D&A)
629 585 555 500 456 451 365 369
Earnings Adjustments
- - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($1.37) ($1.05) ($3.81) ($3.89) ($3.82) ($0.95)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 205.52M 208M 211.20M 215.30M 224.80M 238.70M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($1.37) ($1.05) ($3.81) ($3.89) ($3.82) ($0.95)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 205.52M 208M 211.20M 215.30M 224.80M 238.70M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 ($1.37) $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 179.60M 211.97M 212.85M 219.76M 237.31M 246.91M
Normalized Net Operating Profit after Tax (NOPAT)
40 71 17 21 1.12 -97 -122 -70
Debt Service Ratios
- - - - - - - -
Payout Ratios
- - - - - - - -

Quarterly Metrics And Ratios for Rackspace Technology

This table displays calculated financial ratios and metrics derived from Rackspace Technology's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - 237,306,679.00 237,388,710.00 239,360,677.00 243,592,120.00 246,914,399.00
DEI Adjusted Shares Outstanding
- - - - - - 237,306,679.00 237,388,710.00 239,360,677.00 243,592,120.00 246,914,399.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - -0.30 -0.23 -0.28 -0.13 0.03
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-7.01% -8.55% -8.95% -8.23% -7.73% -4.74% -3.68% -2.72% -0.68% - 1.91%
EBITDA Growth
63.52% 175.11% -21.99% -49.45% 42.38% -41.30% 105.40% 484.67% 226.33% - 116.77%
EBIT Growth
49.87% 91.02% -13.73% 7.23% 27.81% -94.47% 93.35% 51.02% 78.31% - 51.37%
NOPAT Growth
49.78% 92.86% -12.36% 15.67% 27.44% -77.63% 94.12% 53.35% 80.48% - 32.97%
Net Income Growth
55.72% 113.08% -4.67% 191.91% 17.65% -300.00% 88.84% -318.00% 64.04% - 111.61%
EPS Growth
56.79% 115.84% -1.39% 184.62% 21.90% -225.00% 89.35% -309.09% 65.85% - 109.68%
Operating Cash Flow Growth
277.37% 162.55% -4,652.63% -36.24% -80.58% -24.79% 113.95% -65.15% 36.49% - -59.52%
Free Cash Flow Firm Growth
409.98% 141.92% -22.56% -22.45% -43.56% -28.52% -31.74% -50.68% -47.78% - -61.55%
Invested Capital Growth
-33.28% -32.59% -34.98% -32.69% -29.19% -35.03% -22.93% -23.90% -19.38% - -11.92%
Revenue Q/Q Growth
-1.86% -1.73% -4.02% -0.85% -1.33% 1.45% -2.95% 0.14% 0.74% - -0.69%
EBITDA Q/Q Growth
-311.81% 162.83% -774.32% 105.63% -341.43% 164.00% -36.29% 153.48% -31.71% - -17.27%
EBIT Q/Q Growth
-280.50% 91.78% -3,208.54% 91.04% -196.10% 77.85% -13.18% 34.02% -31.14% - -142.05%
NOPAT Q/Q Growth
-275.24% 93.23% -3,926.32% 91.76% -222.86% 83.42% -33.33% 34.64% -35.06% - -679.96%
Net Income Q/Q Growth
-733.09% 112.36% -2,387.86% 103.90% -846.40% 69.99% -27.68% 23.78% -23.12% - 125.38%
EPS Q/Q Growth
-707.69% 115.24% -1,918.75% 103.78% -845.45% 75.61% -55.00% 25.81% -21.74% - 123.08%
Operating Cash Flow Q/Q Growth
605.82% -72.94% -225.07% 126.69% 114.94% 4.83% -76.80% -33.33% 741.67% - -91.46%
Free Cash Flow Firm Q/Q Growth
-9.30% 6.58% -38.87% 48.45% -33.99% 34.98% -48.40% 7.27% -30.11% - -20.52%
Invested Capital Q/Q Growth
-15.36% -3.24% -22.63% 0.64% -10.96% -11.23% -3.13% -0.62% -5.66% - -1.59%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
20.75% 21.41% 19.22% 19.19% 20.35% 19.21% 19.07% 19.39% 19.35% - 17.56%
EBITDA Margin
-18.36% 11.74% -82.48% 4.69% -11.47% 7.23% 4.75% 12.02% 8.15% - 10.10%
Operating Margin
-32.69% -2.11% -94.50% -7.86% -25.70% -4.20% -5.77% -3.77% -5.05% - -2.63%
EBIT Margin
-33.04% -2.77% -95.31% -8.61% -25.85% -5.64% -6.58% -4.34% -5.65% - -3.14%
Profit (Net Income) Margin
-30.94% 3.89% -92.73% 3.65% -27.61% -8.17% -10.75% -8.18% -10.00% - 1.22%
Tax Burden Percent
93.21% 74.67% 99.27% -510.20% 106.87% 98.77% 112.95% 109.22% 113.73% - 101.22%
Interest Burden Percent
100.45% -188.44% 98.01% 8.31% 99.94% 146.51% 144.52% 172.66% 155.67% - -38.50%
Effective Tax Rate
0.00% 25.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - -1.22%
Return on Invested Capital (ROIC)
-21.17% -1.48% -72.84% -6.01% -22.31% -3.85% -5.98% -3.88% -5.68% - -4.78%
ROIC Less NNEP Spread (ROIC-NNEP)
-23.16% -0.13% -78.95% -3.89% -24.63% -5.20% -7.60% -5.21% -7.26% - -3.79%
Return on Net Nonoperating Assets (RNNOA)
-216.20% -1.58% 622.09% 31.65% 121.84% 23.93% 22.56% 15.39% 18.64% - 8.75%
Return on Equity (ROE)
-237.37% -3.07% 549.25% 25.63% 99.53% 20.08% 16.57% 11.51% 12.96% - 3.96%
Cash Return on Invested Capital (CROIC)
16.13% 18.91% 16.48% 13.06% 6.13% 12.00% 14.64% 16.99% 16.18% - 8.94%
Operating Return on Assets (OROA)
-20.05% -1.71% -66.59% -6.05% -19.29% -4.32% -5.51% -3.72% -5.07% - -2.96%
Return on Assets (ROA)
-18.77% 2.41% -64.79% 2.56% -20.61% -6.25% -8.99% -7.01% -8.97% - 1.15%
Return on Common Equity (ROCE)
-237.37% -3.07% 549.25% 25.63% 99.53% 20.08% 16.57% 11.51% 12.96% - 3.96%
Return on Equity Simple (ROE_SIMPLE)
590.70% 0.00% 110.06% 107.67% 81.52% 0.00% 26.94% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
-168 -11 -457 -38 -122 -20 -27 -18 -24 -2.31 -18
NOPAT Margin
-22.88% -1.58% -66.15% -5.50% -17.99% -2.94% -4.04% -2.64% -3.54% - -2.66%
Net Nonoperating Expense Percent (NNEP)
2.00% -1.35% 6.11% -2.13% 2.32% 1.34% 1.62% 1.33% 1.58% - -1.00%
Return On Investment Capital (ROIC_SIMPLE)
- -0.42% - - - -1.13% -1.57% -1.05% -1.50% -0.15% -1.21%
Cost of Revenue to Revenue
79.25% 78.59% 80.78% 80.81% 79.65% 80.79% 80.93% 80.61% 80.65% - 82.44%
SG&A Expenses to Revenue
24.21% 23.00% 27.85% 27.04% 25.08% 23.41% 24.84% 23.16% 24.40% - 20.19%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Expenses to Revenue
53.44% 23.52% 113.72% 27.04% 46.05% 23.41% 24.84% 23.16% 24.40% - 20.19%
Earnings before Interest and Taxes (EBIT)
-242 -20 -658 -59 -175 -39 -44 -29 -38 -8.80 -21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-135 85 -570 32 -78 50 32 80 55 83 69
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Price to Revenue (P/Rev)
0.17 0.15 0.12 0.24 0.20 0.18 0.15 0.11 0.13 - 0.09
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.26 1.22 1.54 1.68 1.81 1.91 1.92 1.89 2.02 - 2.04
Enterprise Value to Revenue (EV/Rev)
1.09 1.05 1.10 1.24 1.21 1.15 1.13 1.11 1.12 - 1.06
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 59.31 25.43 13.94 - 9.99
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
9.96 8.27 11.13 12.81 57.93 78.81 21.43 23.60 20.62 - 19.85
Enterprise Value to Free Cash Flow (EV/FCFF)
6.24 5.21 7.37 10.35 24.45 12.55 11.42 9.64 11.12 - 21.33
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
-16.73 -18.53 -3.97 -3.99 -3.11 -2.77 -2.60 -2.50 -2.34 - -2.23
Long-Term Debt to Equity
-16.47 -18.38 -3.87 -3.84 -3.02 -2.74 -2.57 -2.47 -2.31 - -2.20
Financial Leverage
9.33 12.24 -7.88 -8.14 -4.95 -4.60 -2.97 -2.95 -2.57 - -2.31
Leverage Ratio
15.75 20.11 -10.84 -11.13 -6.56 -6.17 -3.48 -3.35 -2.80 - -2.50
Compound Leverage Factor
15.82 -37.90 -10.63 -0.92 -6.55 -9.04 -5.04 -5.79 -4.36 - 0.96
Debt to Total Capital
106.36% 105.71% 133.69% 133.42% 147.44% 156.37% 162.60% 166.56% 174.89% - 181.56%
Short-Term Debt to Total Capital
1.65% 0.85% 3.43% 4.98% 4.14% 1.64% 1.51% 1.99% 1.92% - 1.78%
Long-Term Debt to Total Capital
104.71% 104.86% 130.25% 128.44% 143.30% 154.73% 161.09% 164.57% 172.97% - 179.78%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital
-6.36% -5.71% -33.69% -33.42% -47.44% -56.37% -62.60% -66.56% -74.89% - -81.56%
Debt to EBITDA
-4.70 -6.31 -5.62 -5.14 -5.56 -4.93 54.02 23.73 12.84 - 9.47
Net Debt to EBITDA
-4.27 -5.88 -5.11 -4.81 -5.27 -4.67 51.54 22.85 12.38 - 9.14
Long-Term Debt to EBITDA
-4.63 -6.26 -5.47 -4.95 -5.41 -4.87 53.52 23.45 12.69 - 9.37
Debt to NOPAT
-3.93 -4.55 -4.60 -4.49 -4.71 -4.38 -13.51 -15.04 -31.38 - -48.31
Net Debt to NOPAT
-3.57 -4.23 -4.18 -4.20 -4.46 -4.15 -12.89 -14.48 -30.26 - -46.64
Long-Term Debt to NOPAT
-3.87 -4.51 -4.48 -4.32 -4.58 -4.33 -13.39 -14.86 -31.04 - -47.83
Altman Z-Score
-0.34 -0.22 -1.12 -0.57 -0.88 -0.82 -0.91 -0.97 -1.05 - -1.10
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.02 0.92 1.05 0.90 0.84 0.81 0.79 0.77 0.71 - 0.68
Quick Ratio
0.76 0.67 0.78 0.67 0.61 0.58 0.54 0.50 0.49 - 0.46
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1,138 1,213 655 973 642 867 447 480 335 216 172
Operating Cash Flow to CapEx
970.18% 212.98% -806.25% 62.44% 211.43% 272.86% 151.81% 40.38% 252.50% - 35.17%
Free Cash Flow to Firm to Interest Expense
1,034.38 0.00 0.00 0.00 0.00 48.43 23.06 22.53 15.82 - 0.00
Operating Cash Flow to Interest Expense
242.55 0.00 0.00 0.00 0.00 3.03 0.65 0.39 3.33 - 0.00
Operating Cash Flow Less CapEx to Interest Expense
217.55 0.00 0.00 0.00 0.00 1.92 0.22 -0.58 2.01 - 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.61 0.62 0.70 0.70 0.75 0.77 0.84 0.86 0.90 - 0.94
Accounts Receivable Turnover
6.42 6.15 6.60 6.53 8.39 8.57 9.48 9.34 9.18 - 10.09
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Fixed Asset Turnover
4.58 4.78 4.56 4.51 4.50 4.52 4.48 4.46 4.46 - 4.57
Accounts Payable Turnover
5.69 5.29 5.78 5.65 5.37 5.36 5.47 5.48 5.28 - 5.48
Days Sales Outstanding (DSO)
56.85 59.36 55.26 55.93 43.50 42.57 38.52 39.08 39.76 - 36.17
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Payable Outstanding (DPO)
64.14 68.98 63.11 64.58 67.94 68.10 66.77 66.65 69.19 - 66.58
Cash Conversion Cycle (CCC)
-7.29 -9.61 -7.85 -8.66 -24.44 -25.53 -28.25 -27.57 -29.43 - -30.41
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
2,617 2,532 2,068 2,081 1,853 1,645 1,593 1,584 1,494 1,426 1,403
Invested Capital Turnover
0.93 0.94 1.10 1.09 1.24 1.31 1.48 1.47 1.61 - 1.80
Increase / (Decrease) in Invested Capital
-1,305 -1,224 -1,112 -1,011 -764 -887 -474 -497 -359 -219 -190
Enterprise Value (EV)
3,289 3,099 3,189 3,496 3,348 3,145 3,060 3,000 3,010 - 2,857
Market Capitalization
507 433 347 667 554 503 401 304 337 - 242
Book Value per Share
($0.85) ($0.71) ($3.58) ($3.38) ($4.20) ($4.41) ($4.52) ($4.71) ($4.96) ($5.01) ($4.93)
Tangible Book Value per Share
($12.45) ($12.13) ($11.95) ($11.42) ($11.38) ($11.36) ($11.03) ($11.08) ($11.11) ($10.91) ($10.62)
Total Capital
2,876 2,708 2,337 2,263 2,002 1,781 1,714 1,681 1,585 1,527 1,492
Total Debt
3,059 2,863 3,124 3,019 2,952 2,786 2,787 2,800 2,773 2,746 2,709
Total Long-Term Debt
3,012 2,840 3,044 2,906 2,869 2,756 2,762 2,767 2,742 2,719 2,682
Net Debt
2,781 2,666 2,842 2,829 2,795 2,642 2,659 2,696 2,673 2,640 2,615
Capital Expenditures (CapEx)
28 34 11 39 25 20 8.30 21 28 3.70 15
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-210 -235 -168 -153 -194 -263 -255 -238 -294 -327 -318
Debt-free Net Working Capital (DFNWC)
68 -38 115 38 -37 -119 -127 -134 -195 -222 -224
Net Working Capital (NWC)
20 -61 34 -75 -120 -148 -153 -167 -225 -249 -251
Net Nonoperating Expense (NNE)
59 -39 184 -63 65 36 45 37 43 30 -26
Net Nonoperating Obligations (NNO)
2,800 2,686 2,855 2,837 2,803 2,649 2,667 2,703 2,681 2,646 2,620
Total Depreciation and Amortization (D&A)
108 104 89 91 97 88 75 109 93 92 90
Debt-free, Cash-free Net Working Capital to Revenue
-6.95% -7.95% -5.81% -5.40% -7.02% -9.59% -9.41% -8.82% -10.95% - -11.77%
Debt-free Net Working Capital to Revenue
2.24% -1.30% 3.97% 1.33% -1.35% -4.33% -4.69% -4.96% -7.25% - -8.30%
Net Working Capital to Revenue
0.67% -2.08% 1.19% -2.66% -4.34% -5.40% -5.64% -6.20% -8.38% - -9.28%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($1.05) $0.16 ($2.91) $0.11 ($0.82) ($0.20) ($0.31) ($0.23) ($0.28) ($0.13) $0.03
Adjusted Weighted Average Basic Shares Outstanding
216M 215.30M 219.80M 224.50M 226.40M 224.80M 231.90M 238M 240.40M 238.70M 246.30M
Adjusted Diluted Earnings per Share
($1.05) $0.16 ($2.91) $0.11 ($0.82) ($0.20) ($0.31) ($0.23) ($0.28) ($0.13) $0.03
Adjusted Weighted Average Diluted Shares Outstanding
216M 215.30M 219.80M 229.60M 226.40M 224.80M 231.90M 238M 240.40M 238.70M 249.70M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
216.41M 219.76M 223.85M 226.03M 227.57M 237.31M 237.39M 239.36M 243.59M 246.91M 249.22M
Normalized Net Operating Profit after Tax (NOPAT)
-18 -8.51 -42 -38 -22 -20 -27 -18 -24 -2.31 -12
Normalized NOPAT Margin
-2.42% -1.18% -6.04% -5.50% -3.31% -2.94% -4.04% -2.64% -3.54% - -1.84%
Pre Tax Income Margin
-33.19% 5.21% -93.41% -0.72% -25.84% -8.27% -9.51% -7.49% -8.79% - 1.21%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
-220.00 0.00 0.00 0.00 0.00 -2.16 -2.26 -1.36 -1.79 - 0.00
NOPAT to Interest Expense
-152.35 0.00 0.00 0.00 0.00 -1.13 -1.39 -0.82 -1.12 - 0.00
EBIT Less CapEx to Interest Expense
-245.00 0.00 0.00 0.00 0.00 -3.27 -2.69 -2.33 -3.11 - 0.00
NOPAT Less CapEx to Interest Expense
-177.35 0.00 0.00 0.00 0.00 -2.24 -1.81 -1.80 -2.44 - 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%

Financials Breakdown Chart

Key Financial Trends

Below is a concise, data-driven snapshot of Rackspace Technology, Inc. (NASDAQ:RXT) using quarterly statements from the last four years. The bullets highlight ключ trends that retail investors may want to consider when evaluating the stock’s earnings trajectory, balance sheet risk, and cash flow profile.

  • SG&A expense declined to $123.7 million in Q4 2025 from $160.5 million in Q4 2024, improving operating efficiency despite revenue pressure.
  • Net cash from continuing operating activities was $59.7 million in Q4 2025, supporting improved liquidity and a tendency toward positive cash generation in recent quarters.
  • Net income attributable to common shareholders narrowed to a loss of $32.7 million in Q4 2025, an improvement versus prior-year periods and earlier quarters.
  • Revenue in Q4 2025 rose to $682.8 million, up modestly from $671.2 million in Q3 2025, signaling a slight top-line uptick amid ongoing cost management.
  • Long-term debt remains elevated at about $2.74 billion, indicating a continued high leverage load that will require ongoing refinancing or growth to mitigate.
  • Total liabilities run around the several-billion-dollar range with equity substantially negative (approximately -$1.19 billion at mid-2025), suggesting ongoing balance-sheet stress despite cash-flow improvements.
  • Capital expenditures in 2025 have been modest (examples include quarterly PPE purchases ranging from roughly $3–$30 million), indicating limited capex intensity.
  • Revenue has declined since the 2022 peak (roughly $787 million) to about $683 million in 2025, showing a meaningful topline downshift over the four-year window.
  • Quarterly profitability remains negative; Q4 2025 pretax income was about -$29.6 million and net income was -$32.7 million, underscoring ongoing losses despite improvement trends.
  • Working capital remains negative in Q4 2025 (current assets ~$540.9 million vs. current liabilities ~$766.2 million), signaling ongoing liquidity pressure without immediate relief from asset turnover or debt restructuring.
05/17/26 10:11 PM ETAI Generated. May Contain Errors.

Rackspace Technology Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Rackspace Technology's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Rackspace Technology's net income appears to be on an upward trend, with a most recent value of -$225.80 million in 2025, falling from -$470.60 million in 2018. The previous period was -$858.20 million in 2024. View Rackspace Technology's forecast to see where analysts expect Rackspace Technology to go next.

Rackspace Technology's total operating income in 2025 was -$100.70 million, based on the following breakdown:
  • Total Gross Profit: $506.40 million
  • Total Operating Expenses: $607.10 million

Over the last 7 years, Rackspace Technology's total revenue changed from $2.45 billion in 2018 to $2.69 billion in 2025, a change of 9.5%.

Rackspace Technology's total liabilities were at $4.02 billion at the end of 2025, a 1.0% decrease from 2024, and a 25.2% decrease since 2019.

In the past 6 years, Rackspace Technology's cash and equivalents has ranged from $83.80 million in 2019 to $272.80 million in 2021, and is currently $105.80 million as of their latest financial filing in 2025.

Over the last 7 years, Rackspace Technology's book value per share changed from 0.00 in 2018 to -5.01 in 2025, a change of -500.6%.



Financial statements for NASDAQ:RXT last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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