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Rackspace Technology Inc (RXT) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · DATA UPDATED 2026-09-19

Rackspace Technology Inc (RXT) operates in the SOFTWARE - INFRASTRUCTURE industry and is headquartered in San Antonio, United States with about 5,000 employees. Its market capitalization is roughly $839 million. In the fiscal year ended 2025-12-31, RXT reported $2.7B in revenue and ($226M) in net income.

Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud.

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RXT Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Revenue$2.7B$2.7B$2.7B$3.0B$3.1B$3.0B$2.7B$2.4B$2.5B$2.1B
Gross Profit$374M$360M$533M$649M$857M$937M$984M$1.0B$1.0B$791M
Gross Margin %13.9%13.4%19.5%21.9%27.4%31.1%36.4%41.5%41.1%36.9%
Operating Income (EBIT)($56M)($68M)($909M)($899M)($679M)($2M)$25M$102M$70M($118M)
Operating Margin %-2.1%-2.5%-33.2%-30.4%-21.8%-0.1%0.9%4.2%2.9%-5.5%
Net Income($159M)($226M)($858M)($838M)($805M)($218M)($246M)($102M)($471M)($60M)
Net Margin %-5.9%-8.4%-31.4%-28.3%-25.8%-7.2%-9.1%-4.2%-19.2%-2.8%
EBITDA$293M$288M($420M)($150M)($242M)$447M$479M$774M$393M$630M
Earnings Per Share (EPS)$-0.65$-0.95$-3.82$-3.89$-3.81$-1.05$-1.37$-6.24$-28.70$-3.65
Shares Outstanding (M)250M239M225M215M211M208M180M16M16M16M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RXT Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$666M$678M$683M$671M$666M$665M$686M$676M
Gross Profit$129M$88M$65M$92M$92M$90M$132M$138M
Gross Margin %19.4%13.0%9.5%13.8%13.8%13.5%19.2%20.3%
Operating Income (EBIT)($25M)($9M)$2M($24M)($21M)($25M)($29M)($174M)
Operating Margin %-3.8%-1.3%0.2%-3.6%-3.1%-3.8%-4.2%-25.7%
Net Income($68M)$8M($33M)($67M)($54M)($72M)($56M)($187M)
Net Margin %-10.1%1.2%-4.8%-10.0%-8.2%-10.8%-8.2%-27.6%
EBITDA$10M$127M$92M$65M$74M$58M$51M($66M)
Earnings Per Share (EPS)$-0.27$0.03$-0.13$-0.28$-0.23$-0.31$-0.25$-0.82
Shares Outstanding (M)250M250M244M240M238M232M228M226M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RXT Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Cash from Operations (CFO)$104M$151M$40M$375M$259M$371M$117M$293M$430M$292M
Capital Expenditures (CapEx)$63M$61M$111M$97M$80M$108M$116M$198M$294M$190M
Free Cash Flow (FCF)$41M$91M($71M)$278M$179M$262M$0M$95M$136M$102M
FCF Margin %1.5%3.4%-2.6%9.4%5.7%8.7%0.0%3.9%5.5%4.8%
Dividends Paid$1M$4M$912M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RXT Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($32M)$5M$60M$71M$8M$13M$54M$52M
Capital Expenditures (CapEx)$17M$14M$4M$28M$21M$8M$20M$24M
Free Cash Flow (FCF)($48M)($9M)$56M$43M($12M)$4M$34M$27M
FCF Margin %-7.2%-1.4%8.2%6.4%-1.9%0.7%5.0%4.0%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RXT Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Assets$2.7B$2.8B$3.1B$4.1B$5.5B$6.3B$6.4B$6.3B$6.1B
Cash & Cash Equivalents$111M$106M$144M$197M$228M$273M$105M$84M$254M
Total Liabilities$4.0B$4.0B$4.1B$4.3B$4.8B$5.0B$5.0B$5.4B$5.2B
Total Debt (Short + Long-Term)$2.9B$2.9B$2.9B$3.0B$3.5B$3.5B$3.5B$4.0B$4.0B
Total Shareholders' Equity($1.3B)($1.2B)($1.0B)($154M)$630M$1.3B$1.4B$899M$908M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive RXT viewer.

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