Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · Real-Time Price · USD
2.900
+0.020 (0.69%)
At close: Feb 21, 2025, 4:00 PM
2.870
-0.030 (-1.03%)
After-hours: Feb 21, 2025, 5:56 PM EST
Rackspace Technology Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2017 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2019 - 2017 |
| Revenue | 2,737 | 2,957 | 3,122 | 3,010 | 2,707 | Upgrade
|
| Revenue Growth (YoY) | -7.44% | -5.29% | 3.75% | 11.17% | 11.03% | Upgrade
|
| Cost of Revenue | 2,204 | 2,309 | 2,252 | 2,033 | 1,707 | Upgrade
|
| Gross Profit | 533.4 | 648.6 | 870.7 | 977 | 999.7 | Upgrade
|
| Selling, General & Admin | 707.6 | 650.8 | 717.7 | 726.5 | 772.6 | Upgrade
|
| Research & Development | - | 43.7 | 24.5 | 28.3 | 36.7 | Upgrade
|
| Operating Expenses | 707.6 | 703.7 | 753.2 | 759.8 | 829.4 | Upgrade
|
| Operating Income | -174.2 | -55.1 | 117.5 | 217.2 | 170.3 | Upgrade
|
| Interest Expense | -98 | -221.6 | -208.5 | -205.1 | -268.4 | Upgrade
|
| Currency Exchange Gain (Loss) | - | 4 | -10 | 2.1 | -3.8 | Upgrade
|
| Other Non Operating Income (Expenses) | -21.7 | -9 | - | -3.1 | 6.3 | Upgrade
|
| EBT Excluding Unusual Items | -293.9 | -281.7 | -101 | 11.1 | -95.6 | Upgrade
|
| Merger & Restructuring Charges | - | -88.1 | -110 | -187.2 | -145.6 | Upgrade
|
| Impairment of Goodwill | -714.9 | -708.8 | -534.5 | -52.4 | - | Upgrade
|
| Gain (Loss) on Sale of Investments | 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 | 147.2 | 271 | -5.9 | -37.5 | -71.5 | Upgrade
|
| Pretax Income | -881.5 | -854.4 | -897.7 | -249.1 | -312 | Upgrade
|
| Income Tax Expense | -18.9 | -16.6 | -92.9 | -30.8 | -66.2 | Upgrade
|
| Net Income | -862.6 | -837.8 | -804.8 | -218.3 | -245.8 | Upgrade
|
| Net Income to Common | -862.6 | -837.8 | -804.8 | -218.3 | -245.8 | Upgrade
|
| Shares Outstanding (Basic) | 225 | 215 | 211 | 208 | 180 | Upgrade
|
| Shares Outstanding (Diluted) | 225 | 215 | 211 | 208 | 180 | Upgrade
|
| Shares Change (YoY) | 4.41% | 1.94% | 1.54% | 15.81% | 8.65% | Upgrade
|
| EPS (Basic) | -3.84 | -3.89 | -3.81 | -1.05 | -1.37 | Upgrade
|
| EPS (Diluted) | -3.84 | -3.89 | -3.81 | -1.05 | -1.37 | Upgrade
|
| Free Cash Flow | -71.2 | 278 | 166.3 | 262.4 | 0.2 | Upgrade
|
| Free Cash Flow Per Share | -0.32 | 1.29 | 0.79 | 1.26 | 0.00 | Upgrade
|
| Gross Margin | 19.49% | 21.93% | 27.89% | 32.46% | 36.93% | Upgrade
|
| Operating Margin | -6.36% | -1.86% | 3.76% | 7.22% | 6.29% | Upgrade
|
| Profit Margin | -31.52% | -28.33% | -25.78% | -7.25% | -9.08% | Upgrade
|
| Free Cash Flow Margin | -2.60% | 9.40% | 5.33% | 8.72% | 0.01% | Upgrade
|
| EBITDA | 121.2 | 314.6 | 505.3 | 642 | 636.5 | Upgrade
|
| EBITDA Margin | 4.43% | 10.64% | 16.18% | 21.33% | 23.51% | Upgrade
|
| D&A For EBITDA | 295.4 | 369.7 | 387.8 | 424.8 | 466.2 | Upgrade
|
| EBIT | -174.2 | -55.1 | 117.5 | 217.2 | 170.3 | Upgrade
|
| EBIT Margin | -6.36% | -1.86% | 3.76% | 7.22% | 6.29% | Upgrade
|
| Advertising Expenses | - | 27.6 | 34.4 | 34.4 | 42.5 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.