RXT · Rackspace Technology, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $678.10M | - | $671.20M | $666.30M | $665.40M | - | $675.80M | $684.90M | $690.80M | - |
| Cost of Revenue | $559.00M | - | $541.30M | $537.10M | $538.50M | - | $538.30M | $553.50M | $558.00M | - |
| Gross Profit | $119.10M | - | $129.90M | $129.20M | $126.90M | - | $137.50M | $131.40M | $132.80M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $136.90M | - | $163.80M | $154.30M | $165.30M | - | $169.50M | $185.20M | $192.40M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $40.60M | - | $37.60M | $37.40M | $36.50M | - | $34.30M | $35.50M | $36.20M | - |
| Operating Income | ($17.80M) | - | ($33.90M) | ($25.10M) | ($38.40M) | - | ($173.70M) | ($53.80M) | ($652.80M) | - |
| Interest Expense | $26.20M | - | $21.20M | $21.30M | $43.70M | - | $18.00M | $57.30M | $43.70M | - |
| Income Tax | ($100.0K) | - | $8.10M | $4.60M | $8.20M | - | $12.00M | ($29.90M) | ($4.70M) | - |
| Net Income | $8.30M | - | ($67.10M) | ($54.50M) | ($71.50M) | - | ($186.60M) | $25.00M | ($640.60M) | - |
| EPS - Basic | $0.03 | - | ($0.28) | ($0.23) | ($0.31) | - | ($0.82) | $0.11 | ($2.91) | - |
| EPS - Diluted | $0.03 | - | ($0.28) | ($0.23) | ($0.31) | - | ($0.82) | $0.11 | ($2.91) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $93.60M | $105.80M | $99.50M | $103.90M | $128.00M | $144.00M | $157.10M | $190.20M | $282.60M | $196.80M |
| Accounts Receivable | $265.80M | $266.50M | $273.90M | $253.90M | $269.00M | $298.80M | $311.80M | $322.80M | $303.30M | $339.70M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $535.10M | $517.80M | $540.90M | $548.40M | $581.80M | $618.80M | $648.70M | $696.30M | $788.30M | $738.10M |
| Total Assets | $2.77B | $2.80B | $2.85B | $2.89B | $2.97B | $3.05B | $3.15B | $3.39B | $3.52B | $4.10B |
| Current Liabilities | $785.60M | $766.70M | $766.20M | $715.40M | $734.80M | $766.60M | $768.90M | $771.40M | $753.90M | $799.50M |
| Long-term Debt | $2.68B | $2.72B | $2.74B | $2.77B | $2.76B | $2.76B | $2.78B | $2.82B | $2.97B | $2.84B |
| Total Liabilities | $3.98B | $4.02B | $4.03B | $4.01B | $4.04B | $4.06B | $4.10B | $4.15B | $4.30B | $4.25B |
| Stockholders' Equity | ($1.22B) | ($1.22B) | ($1.19B) | ($1.12B) | ($1.07B) | ($1.00B) | ($949.70M) | ($756.20M) | ($787.20M) | ($154.50M) |
| Retained Earnings | ($3.90B) | ($3.91B) | ($3.88B) | ($3.81B) | ($3.75B) | ($3.68B) | ($3.63B) | ($3.44B) | ($3.46B) | ($2.82B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.10M | - | - | - | $12.60M | - | - | - | ($90.30M) | - |
| Investing Cash Flow | ($11.50M) | - | - | - | ($8.80M) | - | - | - | ($11.10M) | - |
| Financing Cash Flow | ($4.10M) | - | - | - | ($20.60M) | - | - | - | $188.20M | - |
| CapEx | $14.50M | - | - | - | $8.30M | - | - | - | $28.10M | - |
| Free Cash Flow | ($9.40M) | - | - | - | $4.30M | - | - | - | ($118.40M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 17.6% | - | 19.4% | 19.4% | 19.1% | - | 20.3% | 19.2% | 19.2% | - |
| Operating margin | -2.6% | - | -5.1% | -3.8% | -5.8% | - | -25.7% | -7.9% | -94.5% | - |
| EBITDA margin | 3.4% | - | 0.6% | 1.8% | -0.3% | - | -20.6% | -2.7% | -89.3% | - |
| Net margin | 1.2% | - | -10.0% | -8.2% | -10.7% | - | -27.6% | 3.7% | -92.7% | - |
| Free cash flow margin | -1.4% | - | - | - | 0.6% | - | - | - | -17.1% | - |
| FCF / Net income | -1.13 | - | - | - | -0.06 | - | - | - | 0.18 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 20.2% | - | 24.4% | 23.2% | 24.8% | - | 25.1% | 27.0% | 27.9% | - |
| Effective tax rate | -1.2% | - | - | - | - | - | - | - | - | - |
| Return on assets | 0.3% | - | -2.4% | -1.9% | -2.4% | - | -5.9% | 0.7% | -18.2% | - |
| Return on equity | -0.7% | - | 5.7% | 4.9% | 6.7% | - | 19.6% | -3.3% | 81.4% | - |
| Return on invested capital | -1.2% | - | -1.7% | -1.2% | -1.8% | - | -7.5% | -2.1% | -23.6% | - |
| Liquidity | ||||||||||
| Current ratio | 0.68 | 0.68 | 0.71 | 0.77 | 0.79 | 0.81 | 0.84 | 0.90 | 1.05 | 0.92 |
| Quick ratio | 0.68 | 0.68 | 0.71 | 0.77 | 0.79 | 0.81 | 0.84 | 0.90 | 1.05 | 0.92 |
| Cash ratio | 0.12 | 0.14 | 0.13 | 0.15 | 0.17 | 0.19 | 0.20 | 0.25 | 0.37 | 0.25 |
| Leverage | ||||||||||
| Debt / Equity | -2.20 | -2.23 | -2.31 | -2.47 | -2.57 | -2.74 | -2.93 | -3.72 | -3.78 | -18.38 |
| Debt / Assets | 0.97 | 0.97 | 0.96 | 0.96 | 0.93 | 0.90 | 0.88 | 0.83 | 0.85 | 0.69 |
| Debt / EBITDA | 117.63 | - | 741.11 | 224.94 | - | - | - | - | - | - |
| Interest coverage | -0.7x | - | -1.6x | -1.2x | -0.9x | - | -9.7x | -0.9x | -14.9x | - |
| Equity multiplier | -2.27 | -2.30 | -2.40 | -2.59 | -2.76 | -3.04 | -3.31 | -4.49 | -4.47 | -26.51 |
| Liabilities / Assets | 1.44 | 1.44 | 1.42 | 1.39 | 1.36 | 1.33 | 1.30 | 1.22 | 1.22 | 1.04 |
| Efficiency | ||||||||||
| Asset turnover | 0.25 | - | 0.24 | 0.23 | 0.22 | - | 0.21 | 0.20 | 0.20 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 143d | - | 149d | 139d | 148d | - | 168d | 172d | 160d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 32.7x | - | - | - | - | - | - | 27.1x | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 0.4x | - | 0.5x | 0.5x | 0.6x | - | 0.8x | 1.0x | 0.5x | - |
| EV / EBITDA | 124.3x | - | 805.8x | 241.3x | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 1.9% | - | -0.7% | -2.7% | -3.7% | - | -7.7% | -8.2% | -8.9% | - |
| Revenue CAGR (3y) | -3.7% | - | -5.2% | -4.8% | -5.0% | - | -3.9% | -2.7% | 1.9% | - |
| Revenue CAGR (5y) | 0.8% | - | -0.3% | 0.3% | - | - | - | - | - | - |
| Gross profit growth (YoY) | -6.1% | - | -5.5% | -1.7% | -4.4% | - | -9.5% | -14.2% | -21.7% | - |
| Operating income growth (YoY) | 53.6% | - | 80.5% | 53.3% | 94.1% | - | 27.4% | 15.7% | -12.4% | - |
| Net income growth (YoY) | - | - | 64.0% | - | 88.8% | - | 17.7% | - | -4.7% | - |
| EPS growth (YoY) | - | - | 65.9% | - | 89.3% | - | 21.9% | - | -1.4% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | -745.7% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -13.4% | -21.4% | -25.0% | -48.0% | -36.3% | -550.0% | -419.5% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.69B totalPublic Cloud Services Segment$1.70B · 63.1%
Private Cloud Service Segment$989.70M · 36.9%
Geographic
$2.69B totalUS$1.78B · 66.3%
Other Foreign Countries$539.10M · 20.1%
GB$365.20M · 13.6%
Peer comparison
Same SIC group: Services-Computer Programming, Data Processing, Etc.
Comparing Rackspace Technology against the 5 most active filers in the same SIC group.