Rackspace Technology, Inc. (RXT)

NASDAQ: RXT · Real-Time Price · USD

1.280

+0.010 (0.79%)

At close: May 14, 2025, 4:00 PM

1.340

+0.060 (4.69%)

After-hours: May 14, 2025, 7:02 PM EDT

Rackspace Technology Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2017 - 2019
Revenue	2,712	2,737	2,957	3,122	3,010	2,707	Upgrade
Revenue Growth (YoY)	-6.14%	-7.44%	-5.29%	3.75%	11.17%	11.03%	Upgrade
Cost of Revenue	2,165	2,182	2,308	2,254	2,033	1,707	Upgrade
Gross Profit	546.9	555	649.6	868.5	977	999.7	Upgrade
Selling, General & Admin	581.4	603.2	665.9	749.9	726.5	772.6	Upgrade
Research & Development	45.4	45.4	43.7	24.5	28.3	36.7	Upgrade
Operating Expenses	645.1	666.9	718.8	785.4	759.8	829.4	Upgrade
Operating Income	-98.2	-111.9	-69.2	83.1	217.2	170.3	Upgrade
Interest Expense	-73.7	-98	-221.6	-208.5	-205.1	-268.4	Upgrade
Currency Exchange Gain (Loss)	-3.1	-2.4	3.9	-10.1	2.1	-3.8	Upgrade
Other Non Operating Income (Expenses)	-18.4	-19.3	-8.9	0.1	-3.1	6.3	Upgrade
EBT Excluding Unusual Items	-193.4	-231.6	-295.8	-135.4	11.1	-95.6	Upgrade
Merger & Restructuring Charges	-64.5	-63.7	-74	-75.6	-187.2	-145.6	Upgrade
Impairment of Goodwill	-141.7	-714.9	-708.8	-534.5	-52.4	-	Upgrade
Gain (Loss) on Sale of Investments	-0.1	0.1	0.3	-0.2	-3	0.7	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	19.9	-	Upgrade
Asset Writedown	-	-20	-52.2	-146.1	-	-	Upgrade
Other Unusual Items	98.8	147.2	271	-5.9	-37.5	-71.5	Upgrade
Pretax Income	-299.5	-881.5	-854.4	-897.7	-249.1	-312	Upgrade
Income Tax Expense	-10.4	-23.3	-16.6	-92.9	-30.8	-66.2	Upgrade
Net Income	-289.1	-858.2	-837.8	-804.8	-218.3	-245.8	Upgrade
Net Income to Common	-289.1	-858.2	-837.8	-804.8	-218.3	-245.8	Upgrade
Shares Outstanding (Basic)	228	225	215	211	208	180	Upgrade
Shares Outstanding (Diluted)	228	225	215	211	208	180	Upgrade
Shares Change (YoY)	5.01%	4.41%	1.94%	1.54%	15.81%	8.65%	Upgrade
EPS (Basic)	-1.27	-3.82	-3.89	-3.81	-1.05	-1.37	Upgrade
EPS (Diluted)	-1.28	-3.82	-3.89	-3.81	-1.05	-1.37	Upgrade
Free Cash Flow	51.5	-71.2	278	166.3	262.4	0.2	Upgrade
Free Cash Flow Per Share	0.23	-0.32	1.29	0.79	1.26	0.00	Upgrade
Gross Margin	20.17%	20.28%	21.97%	27.82%	32.46%	36.93%	Upgrade
Operating Margin	-3.62%	-4.09%	-2.34%	2.66%	7.22%	6.29%	Upgrade
Profit Margin	-10.66%	-31.35%	-28.33%	-25.78%	-7.25%	-9.08%	Upgrade
Free Cash Flow Margin	1.90%	-2.60%	9.40%	5.33%	8.72%	0.01%	Upgrade
EBITDA	196.3	183.5	300.5	470.9	642	636.5	Upgrade
EBITDA Margin	7.24%	6.70%	10.16%	15.08%	21.33%	23.51%	Upgrade
D&A For EBITDA	294.5	295.4	369.7	387.8	424.8	466.2	Upgrade
EBIT	-98.2	-111.9	-69.2	83.1	217.2	170.3	Upgrade
EBIT Margin	-3.62%	-4.09%	-2.34%	2.66%	7.22%	6.29%	Upgrade
Advertising Expenses	-	26.4	27.6	34.4	34.4	42.5	Upgrade

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q