RXT
Rackspace Technology Inc
NASDAQ: RXT · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$1.46
-0.68% today
Updated 2026-04-30
Market cap
$377.78M
P/E ratio
—
P/S ratio
0.14x
EPS (TTM)
$-0.95
Dividend yield
—
52W range
$0 – $3
Volume
20.5M
Rackspace Technology Inc (RXT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.14B | $2.45B | $2.44B | $2.71B | $3.01B | $3.12B | $2.96B | $2.74B | $2.69B |
| Revenue growth (YoY) | — | +14.4% | -0.6% | +11.0% | +11.2% | +3.7% | -5.3% | -7.4% | -1.9% |
| Cost of revenue | $1.35B | $1.45B | $1.43B | $1.72B | $2.07B | $2.27B | $2.31B | $2.20B | $2.18B |
| Gross profit | $790.60M | $1.01B | $1.01B | $984.40M | $936.80M | $856.90M | $648.60M | $533.40M | $506.40M |
| Gross margin | 36.9% | 41.1% | 41.5% | 36.4% | 31.1% | 27.4% | 21.9% | 19.5% | 18.9% |
| R&D | $92.90M | $74.70M | $56.00M | $36.70M | $28.30M | $24.50M | $43.70M | — | — |
| SG&A | $763.00M | $907.40M | $871.80M | $917.20M | $873.20M | $820.90M | $632.40M | $595.10M | $607.10M |
| Operating income | $-117.60M | $70.50M | $101.60M | $24.70M | $-2.50M | $-679.00M | $-899.40M | $-909.10M | $-100.70M |
| Operating margin | -5.5% | 2.9% | 4.2% | 0.9% | -0.1% | -21.7% | -30.4% | -33.2% | -3.7% |
| EBITDA | $629.80M | $393.40M | $774.10M | $479.10M | $446.70M | $-241.70M | $-149.90M | $-420.50M | $216.90M |
| EBITDA margin | 29.4% | 16.0% | 31.8% | 17.7% | 14.8% | -7.7% | -5.1% | -15.4% | 8.1% |
| EBIT | $-128.10M | $-217.60M | $207.60M | $-57.80M | $-44.00M | $-689.20M | $-592.80M | $-783.50M | $-119.10M |
| Interest expense | $223.40M | $281.10M | $329.90M | $268.40M | $205.10M | $208.50M | $221.60M | $98.00M | $82.70M |
| Income tax | $-300.80M | $-29.90M | $-20.00M | $-66.20M | $-30.80M | $-92.90M | $-16.60M | $-23.30M | — |
| Effective tax rate | 83.4% | 6.0% | 16.4% | 21.2% | 12.4% | 10.3% | 1.9% | 2.6% | 0.0% |
| Net income | $-59.90M | $-470.60M | $-102.30M | $-245.80M | $-218.30M | $-804.80M | $-837.80M | $-858.20M | $-225.80M |
| Net income growth (YoY) | — | -685.6% | +78.3% | -140.3% | +11.2% | -268.7% | -4.1% | -2.4% | +73.7% |
| Profit margin | -2.8% | -19.2% | -4.2% | -9.1% | -7.3% | -25.8% | -28.3% | -31.4% | -8.4% |