Rackspace Technology, Inc.

Rackspace Technology, Inc.

RXT
Rackspace Technology, Inc.US flagNASDAQ Global Select
4.39
USD
+0.09
- -
1.11BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
130.84
149.56
148.67
15.07
14.47
14.78
13.73
12.18
11.25
11.14
Basic EPS, GAAP
-3.65
-28.7
-6.24
-1.37
-1.05
-3.81
-3.89
-3.82
-0.95
-0.6
Free Cash Flow per Basic Share
6.23
8.26
5.79
- -
1.26
0.79
1.29
-0.32
0.38
0.32
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-40.82
-43.65
-5.35
-5.67
-9.39
-13.11
-16.37
-16.36
-16.09
Tangible Book Value per Share
- -
-213.28
-223.44
-16.84
-13.68
-13.08
-12.2
-11.5
-11.13
-10.83
Basic Weighted Avg Shares
16
16
16
180
208
211
215
225
239
242
Sales/Revenue/Turnover
2,145
2,453
2,438
2,707
3,010
3,122
2,957
2,737
2,686
2,698
Operating Margin (%)
-5.73
2.36
4.08
0.91
1
0.05
-4.68
-6.36
-3.75
-2.97
Depreciation Expense
758
611
566
537
491
448
443
363
363
360
Net Income, GAAP
-60
-471
-102
-246
-218
-805
-838
-858
-226
-146
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-2.79
-19.19
-4.2
-9.08
-7.25
-25.78
-28.33
-31.35
-8.41
-5.41
Working Capital
- -
49
-128
16
152
217
-61
-148
-249
-250
LT Debt
- -
3,932
4,189
3,796
3,771
3,691
3,222
3,127
3,101
3,045
Total Equity
- -
908
899
1,384
1,327
630
-154
-1,004
-1,220
-1,217
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
137
144
143
LT Borrowings
2,742
2,719
2,682
LT Finance Leases
369
382
363
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
244
245
249
Market Capitalization
331
232
237

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
541
518
535
Cash, Cash Equivalents & STI
100
106
94
Accounts Receivable, Net
274
266
266
Inventories
- -
- -
- -
Total Current Liabilities
766
767
786
Payables & Accruals
423
419
419
ST Debt
137
144
143
Deferred Revenue
73
95
130

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
78.04%
21.44%
Free Cash Flow
- -
26,155.54%
-227.25%
Net Income, GAAP
- -
38.06%
-73.69%
Sales/Revenue/Turnover
- -
0.06%
-1.88%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
691
685
676
686
2,737
2025
665
666
671
683
2,686
2026
678
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.91
0.11
-0.82
-0.25
-3.82
2025
-0.31
-0.23
-0.28
-0.13
-0.95
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Gajen Kandiah
Full Time Employees
5,000
Sector
Technology
Industry
Software - Infrastructure
Address
19122 US Highway 281N San Antonio TX United States of America 78218
IPO Date
Aug 5, 2020
Business
Rackspace Technology, Inc. (Nasdaq: RXT) provides end-to-end hybrid multicloud and AI solutions, including managed hosting, professional services, and cloud-native application development for enterprises worldwide. Founded in 1998 and headquartered in San Antonio, Texas, the company operates across the Americas, Europe, Middle East, Africa, Asia Pacific, and Australia through data centers in key locations such as Virginia, Chicago, Dallas, London, Frankfurt, Hong Kong, and Sydney. It serves industries including healthcare, finance, and government with Fanatical Experience customer support, emphasizing secure, scalable workloads across private, public, and hybrid environments. Rackspace Technology offers comprehensive multicloud services via its two main segments: Multicloud Services, which include managed public and private cloud hosting on platforms like AWS, Microsoft Azure, and Google Cloud; and Apps & Cross Platform, encompassing managed applications, security solutions, data services such as database modernization, data migration, business intelligence, anomaly detection, computer vision, conversational AI, and intelligent document processing. Additional professional services cover cloud strategy design, application modernization, data platform development, DevOps practices, and the Foundry for AI by Rackspace (FAIR™) for generative AI deployment, anomaly detection, and AI-driven efficiencies. The company partners strategically with hyperscalers like AWS, Azure, and Google Cloud to deliver optimized migrations, governance via Rackspace Fabric™, and specialized workloads. Recent developments include the appointment of Gajen Kandiah as CEO in September 2025, replacing Amar Maletira, and relocation of its San Antonio global headquarters to RidgeWood Plaza II in January 2024. In December 2025, Rackspace Technology received the 2025 AWS Collaboration Partner of the Year award for its partnership with MontyCloud, achieving a 60% reduction in deployment cycles and 45% operational efficiency gains for clients, while also earning finalist status in AWS Data and Analytics Consulting and Public Sector Solution Provider categories. The company maintains leadership recognition in ISG Provider Lens reports for 2025 across Microsoft, private/hybrid cloud, cybersecurity, and Google Cloud ecosystems, alongside ongoing expansions in AI and multicloud managed services.

Company News

APIChatGPT
  • RXT Investors Have Opportunity to Join Rackspace Technology, Inc. Fraud Investigation with the Schall Law Firm

  • Rackspace Technology Receives the Defence Employer Recognition Scheme Gold Award

  • Rackspace Technology Recognized as a Leader in Two Categories of 2026 ISG Provider Lens®, Private/Hybrid Cloud — Data Center Services Report

  • Securities Fraud Investigation Into Rackspace Technology, Inc. (RXT) Announced -- Shareholders Who Lost Money Urged to Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • Securities Fraud Investigation Into Rackspace Technology, Inc. (RXT) Announced – Shareholders Who Lost Money Urged to Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

  • Rackspace Technology, Inc. (RXT) Shareholders Who Lost Money -- Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

  • Rackspace Technology, Inc. (RXT) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

  • Rackspace Technology Cuts 2026 Outlook as $250M Stock Sale Fuels AI Push

  • Securities Fraud Investigation Into Rackspace Technology, Inc. (RXT) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

  • Rackspace Technology (RXT) Rebounds 22% After Brutal Week

  • EXCLUSIVE: Rackspace CFO Says AI Winners Will ‘Own The Outcome,' Not the GPUs

  • Rackspace: Worth Buying The Dip As AI Partnerships Turn Growth Trajectory Around

  • Rackspace Technology Investigation Notice: SueWallSt Notifies Investors of a Pending Investigation Into Rackspace Technology (RXT)

  • Rackspace Technology, Inc. (RXT) Discusses Enterprise AI Strategy and Strategic Update Transcript

  • Rackspace Technology Announces Plans to Accelerate Enterprise AI Growth Vector; Provides Preliminary 2Q26 Results and Updates FY26 Outlook

  • Rackspace Technology Launches Operating Framework with Palantir for Regulated Enterprises to Accelerate Enterprise AI in Production

  • Rackspace's AI Land Grab: Plugging Into the Next Compute Boom

  • Rackspace's AI Land Grab: Plugging Into the Next Compute Boom

  • Buy, Hold, or Sell: Rackspace Is Up 675% This Year, Is It a Buy Today?

  • Why Wall Street Is Turning Bullish On Rackspace Stock After Its AI Pivot