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NASDAQ · SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. · MID CAP

Rackspace Technology, Inc. RXT

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.7B
▼ 1.9% YoY
$-225.8M
$90.6M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Rackspace Technology designs, integrates, and operates infrastructure, data foundations, and software platforms, from edge to core to cloud, intended to deliver business outcomes with predictable cost, resilience, security, and compliance. As of December 31, 2025, Rackspace Technology served over 75,000 customers across 120 countries. As of December 31, 2025, Rackspace Technology employed approximately 5,000 employees, referred to as Rackers, in 22 countries, including 1,800 in North America, 800 in EMEA, and 2,400 in APJ. Its corporate headquarters are located in San Antonio, Texas. Effective January 1, 2023, Rackspace Technology reorganized around a two-business-unit operating model, Public Cloud and Private Cloud, which also became its two reporting segments. The Public Cloud segment addresses the management of applications and data on the AWS, Microsoft Azure, and Google Cloud public clouds, bundling the underlying public cloud infrastructure with managed services and proprietary tools. Rackspace Technology's predecessor company was founded in 1998 and focused primarily on providing outsourced, dedicated IT infrastructure for small and mid-sized businesses.

Written from the business description in RACKSPACE TECHNOLOGY, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 6 March 2026. Every sentence was checked against that document before publication.

Growth

USD 2.7B
Revenue, FY2025 · full 8-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.7 · Net income -0.2
1.5B3.0B-0.4B-0.8B
2018202120242025
Compound annual growth
−4.9%
−0.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −0.2% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−8 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -3.7% · Net -8.4%
2%4%-10%-20%-30%
201820212025
ROE
FY2022 · ROE -82.3%
-50%
201820212025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -5%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 90.6
100.0M200.0M-25.0M-50.0M
201820212025
Net buybacks $M Dividends $M
FY2024 · Dividends · · Net buybacks 0.0
-250.0M-500.0M
2018201920202021202220232024

Total assetsUSD 2.8B
EquityUSD -1.2B
CashUSD 105.8M
Gross debtUSD 2.7B
Net debtUSD 2.6B
Current ratio0.68×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 8-year record

8 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
RXT, 8-year financial record
Metric 20252024202320222021202020192018
Revenue $B2.72.73.03.13.02.72.42.5
Operating income $B−0.1−0.9−0.9−0.7−0.00.00.1−0.2
EBITDA $B0.1−0.8−0.7−0.50.2◌◌◌
Income tax $B0.0−0.0−0.0−0.1−0.0−0.1−0.0−0.0
Net income $B−0.2−0.9−0.8−0.8−0.2−0.2−0.1−0.5
Free cash flow $B0.1−0.10.30.20.30.00.10.1
EPS, diluted $−0.95−3.82−3.89−3.81−1.05−1.37−0.62−2.85
Dividend / sh $◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————
ROE %———−82.3−16.1−21.5−11.3−51.8
Shares out B0.250.230.220.210.210.200.17◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 24 checks were skipped: the balance sheet is not tagged before 2019. 11 checks were skipped: EPS is not tagged before 2018. 11 checks were skipped: revenue is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Computer Programming, Data Processing, Etc.
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2018

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