Rackspace Technology, Inc. (RXT)

NASDAQ: RXT · IEX Real-Time Price · USD

2.120

-0.030 (-1.40%)

At close: May 17, 2024, 4:00 PM

2.090

-0.030 (-1.42%)

After-hours: May 17, 2024, 6:19 PM EDT

Rackspace Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	2,957	3,122	3,010	2,707	2,438	2,453	2,145
Revenue Growth (YoY)	-5.29%	3.75%	11.17%	11.03%	-0.60%	14.37%	-
Cost of Revenue	2,328	2,265	2,073	1,723	1,427	1,446	1,354
Gross Profit	628.8	856.9	936.8	984.4	1,011	1,007	790.6
Selling, General & Admin	767.2	855.3	906.8	959.7	911.7	949.3	942.2
Other Operating Expenses	761	680.6	32.5	0	0	295	-34
Operating Expenses	1,528	1,536	939.3	959.7	911.7	1,244	908.2
Operating Income	-899.4	-679	-2.5	24.7	99.5	-237.2	-117.6
Interest Expense / Income	221.6	208.5	205.1	268.4	329.9	281.1	223.4
Other Expense / Income	-266.6	10.2	41.5	68.3	-108.1	-17.8	19.7
Pretax Income	-854.4	-897.7	-249.1	-312	-122.3	-500.5	-360.7
Income Tax	-16.6	-92.9	-30.8	-66.2	-20	-29.9	-300.8
Net Income	-837.8	-804.8	-218.3	-245.8	-102.3	-470.6	-59.9
Shares Outstanding (Basic)	215	211	208	180	165	165	154
Shares Outstanding (Diluted)	215	211	208	180	165	165	154
Shares Change	1.94%	1.54%	15.81%	8.65%	0.06%	7.48%	-
EPS (Basic)	-3.89	-3.81	-1.05	-1.37	-0.62	-2.85	-0.39
EPS (Diluted)	-3.89	-3.81	-1.05	-1.37	-0.62	-2.85	-0.39
Free Cash Flow	278	166.3	293.7	0.2	94.9	135.5	102.2
Free Cash Flow Per Share	1.29	0.79	1.41	0.00	0.57	0.82	0.67
Gross Margin	21.26%	27.44%	31.13%	36.36%	41.47%	41.06%	36.86%
Operating Margin	-30.41%	-21.75%	-0.08%	0.91%	4.08%	-9.67%	-5.48%
Profit Margin	-28.33%	-25.78%	-7.25%	-9.08%	-4.20%	-19.19%	-2.79%
Free Cash Flow Margin	9.40%	5.33%	9.76%	0.01%	3.89%	5.52%	4.77%
EBITDA	-189.9	-241.6	446.7	493.3	774.1	391.6	620.6
EBITDA Margin	-6.42%	-7.74%	14.84%	18.22%	31.75%	15.97%	28.94%
Depreciation & Amortization	442.9	447.6	490.7	536.9	566.5	611	757.9
EBIT	-632.8	-689.2	-44	-43.6	207.6	-219.4	-137.3
EBIT Margin	-21.40%	-22.07%	-1.46%	-1.61%	8.51%	-8.94%	-6.40%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).