Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
2.400
+0.070 (3.00%)
At close: Nov 4, 2024, 4:00 PM
2.420
+0.020 (0.83%)
Pre-market: Nov 5, 2024, 8:19 AM EST
Rackspace Technology Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2017 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2017 |
| Revenue | 2,828 | 2,957 | 3,122 | 3,010 | 2,707 | 2,438 | Upgrade
|
| Revenue Growth (YoY) | -8.18% | -5.29% | 3.75% | 11.17% | 11.03% | -0.60% | Upgrade
|
| Cost of Revenue | 2,239 | 2,309 | 2,252 | 2,033 | 1,707 | 1,417 | Upgrade
|
| Gross Profit | 588.9 | 648.6 | 870.7 | 977 | 999.7 | 1,022 | Upgrade
|
| Selling, General & Admin | 634.7 | 650.8 | 717.7 | 726.5 | 772.6 | 785.5 | Upgrade
|
| Research & Development | 43.7 | 43.7 | 24.5 | 28.3 | 36.7 | 56 | Upgrade
|
| Operating Expenses | 687.6 | 703.7 | 753.2 | 759.8 | 829.4 | 854.8 | Upgrade
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| Operating Income | -98.7 | -55.1 | 117.5 | 217.2 | 170.3 | 166.7 | Upgrade
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| Interest Expense | -169.5 | -221.6 | -208.5 | -205.1 | -268.4 | -329.9 | Upgrade
|
| Currency Exchange Gain (Loss) | -9.1 | 4 | -10 | 2.1 | -3.8 | -1.6 | Upgrade
|
| Other Non Operating Income (Expenses) | -9 | -9 | - | -3.1 | 6.3 | -1.7 | Upgrade
|
| EBT Excluding Unusual Items | -286.3 | -281.7 | -101 | 11.1 | -95.6 | -166.5 | Upgrade
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| Merger & Restructuring Charges | -60.9 | -88.1 | -110 | -187.2 | -145.6 | -67.2 | Upgrade
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| Impairment of Goodwill | -738.9 | -708.8 | -534.5 | -52.4 | - | - | Upgrade
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| Gain (Loss) on Sale of Investments | 0.2 | 0.3 | -0.2 | -3 | 0.7 | 99.5 | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | - | 19.9 | - | 2.1 | Upgrade
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| Asset Writedown | -72.2 | -52.2 | -146.1 | - | - | - | Upgrade
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| Other Unusual Items | 297.2 | 271 | -5.9 | -37.5 | -71.5 | 9.8 | Upgrade
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| Pretax Income | -855.8 | -854.4 | -897.7 | -249.1 | -312 | -122.3 | Upgrade
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| Income Tax Expense | -41.6 | -16.6 | -92.9 | -30.8 | -66.2 | -20 | Upgrade
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| Net Income | -814.2 | -837.8 | -804.8 | -218.3 | -245.8 | -102.3 | Upgrade
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| Net Income to Common | -814.2 | -837.8 | -804.8 | -218.3 | -245.8 | -102.3 | Upgrade
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| Shares Outstanding (Basic) | 219 | 215 | 211 | 208 | 180 | 165 | Upgrade
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| Shares Outstanding (Diluted) | 219 | 215 | 211 | 208 | 180 | 165 | Upgrade
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| Shares Change (YoY) | 2.93% | 1.94% | 1.54% | 15.81% | 8.65% | 0.06% | Upgrade
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| EPS (Basic) | -3.71 | -3.89 | -3.81 | -1.05 | -1.37 | -0.62 | Upgrade
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| EPS (Diluted) | -3.71 | -3.89 | -3.81 | -1.05 | -1.37 | -0.62 | Upgrade
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| Free Cash Flow | 144.7 | 278 | 166.3 | 262.4 | 0.2 | 94.9 | Upgrade
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| Free Cash Flow Per Share | 0.66 | 1.29 | 0.79 | 1.26 | 0.00 | 0.57 | Upgrade
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| Gross Margin | 20.83% | 21.93% | 27.89% | 32.46% | 36.93% | 41.90% | Upgrade
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| Operating Margin | -3.49% | -1.86% | 3.76% | 7.22% | 6.29% | 6.84% | Upgrade
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| Profit Margin | -28.79% | -28.33% | -25.78% | -7.25% | -9.08% | -4.20% | Upgrade
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| Free Cash Flow Margin | 5.12% | 9.40% | 5.33% | 8.72% | 0.01% | 3.89% | Upgrade
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| EBITDA | 227.6 | 314.6 | 505.3 | 642 | 636.5 | 662.7 | Upgrade
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| EBITDA Margin | 8.05% | 10.64% | 16.18% | 21.33% | 23.51% | 27.18% | Upgrade
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| D&A For EBITDA | 326.3 | 369.7 | 387.8 | 424.8 | 466.2 | 496 | Upgrade
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| EBIT | -98.7 | -55.1 | 117.5 | 217.2 | 170.3 | 166.7 | Upgrade
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| EBIT Margin | -3.49% | -1.86% | 3.76% | 7.22% | 6.29% | 6.84% | Upgrade
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| Advertising Expenses | - | 27.6 | 34.4 | 34.4 | 42.5 | 39.9 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.