Rackspace Technology, Inc. (RXT)

NASDAQ: RXT · Real-Time Price · USD

4.145

+0.105 (2.60%)

Sep 22, 2026, 1:43 PM EDT - Market open

Rackspace Technology Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,702	2,686	2,737	2,957	3,122	3,010
Revenue Growth	0.34%	-1.88%	-7.44%	-5.29%	3.75%	11.17%
Gross Profit	501.3	516.1	555	649.6	868.5	977
Operating Income	-43.3	-65.9	-111.9	-69.2	83.1	217.2
Net Income	-159	-225.8	-858.2	-837.8	-804.8	-218.3
Earnings Per Share	-0.65	-0.95	-3.82	-3.89	-3.81	-1.05
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Public Cloud	1,714	1,696	1,683	1,743	1,739	1,471
Private Cloud	988.2	989.7	1,055	1,214	1,384	1,538
Total	2,702	2,686	2,737	2,957	3,122	3,010

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	110.6	109.8	183.6	243.8	272.7	274.3
Total Debt	3,308	3,287	3,341	3,471	3,956	4,108
Net Cash (Debt)	-3,198	-3,177	-3,158	-3,227	-3,683	-3,834
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-13.04	-13.31	-14.05	-14.99	-17.44	-18.43

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	104	151.4	39.9	374.9	246.7	370.8
Capital Expenditures	-63	-60.8	-111.1	-96.9	-80.4	-108.4
Free Cash Flow	41	90.6	-71.2	278	166.3	262.4
Free Cash Flow Growth	-23.51%	-	-	67.17%	-36.62%	131100.00%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	18.55%	19.22%	20.28%	21.97%	27.82%	32.46%
Operating Margin	-1.60%	-2.45%	-4.09%	-2.34%	2.66%	7.22%
Pretax Margin	-5.41%	-7.51%	-32.21%	-28.89%	-28.75%	-8.28%
Profit Margin	-5.88%	-8.41%	-31.35%	-28.33%	-25.78%	-7.25%
FCF Margin	1.52%	3.37%	-2.60%	9.40%	5.33%	8.72%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 22, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	-	34.75	34.75	34.75	28.92	12.58
P/FCF Ratio	25.98	2.61	-	1.56	3.75	10.78
PS Ratio	0.39	0.09	0.18	0.15	0.20	0.94