Rackspace Technology, Inc. (RXT) — Financial statements
Income statement, balance sheet, and cash flow for Rackspace Technology, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,686↓1.9% | 2,737↓7.4% | 2,957↓5.3% | 3,122↑3.7% | 3,010 | |
| Cost of Revenue | 2,326↑5.6% | 2,204↓4.5% | 2,309↑1.9% | 2,265↑9.3% | 2,073 | |
| Gross Profit | 360↓32.6% | 533↓17.8% | 649↓24.3% | 857↓8.5% | 937 | |
| Operating Expenses | ||||||
| R&D Expenses | 39 | 0.00↓100.0% | 44 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 632 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 28 | 0.00 | 0.00 | |
| SG&A Expenses | 389↓45.1% | 708↑7.2% | 660↓22.8% | 855↓5.7% | 907 | |
| Other Expenses | 0.00↓100.0% | 735↓13.0% | 844↑24.1% | 681↑1994.2% | 33 | |
| Operating Expenses | 428↓70.3% | 1,443↓6.8% | 1,548↑0.8% | 1,536↑63.5% | 939 | |
| Total Costs & Expenses | 2,754↓24.5% | 3,646↓5.5% | 3,857↑1.5% | 3,801↑26.2% | 3,012 | |
| Operating Results | ||||||
| Operating Income | -68↑92.5% | -909↓1.1% | -899↓32.5% | -679↓27060.0% | -3 | |
| Depreciation & Amortization | 363↓0.1% | 363↓18.0% | 443↓1.0% | 448↓8.8% | 491 | |
| EBITDA | 294↑170.0% | -421↓180.5% | -150↑38.0% | -242↓154.1% | 447 | |
| EBIT | -68↑91.3% | -784↓32.2% | -593↑14.0% | -689↓1466.4% | -44 | |
| Interest & Other Income | ||||||
| Net Interest Income | -128↓30.1% | -98↑55.8% | -222↓6.3% | -209↓1.7% | -205 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 128↑30.1% | 98↓55.8% | 222↑6.3% | 209↑1.7% | 205 | |
| Non-Operating Income | 0.00↑100.0% | -126↑59.0% | -307↓3105.9% | 10↓75.4% | 42 | |
| Other Income / Expenses | -133↓583.3% | 28↓38.7% | 45↑120.6% | -219↑11.3% | -247 | |
| Income Before Tax | -202↑77.1% | -882↓3.2% | -854↑4.8% | -898↓260.4% | -249 | |
| Income Tax Expense | 24↑203.0% | -23↓40.4% | -17↑82.1% | -93↓201.6% | -31 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -226↑73.7% | -858↓2.4% | -838↓4.1% | -805↓268.7% | -218 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -226↑73.7% | -858↓2.4% | -838↓4.1% | -805↓268.7% | -218 | |
| Bottom-Line Net Income | -226↑73.7% | -858↓2.4% | -838↓4.1% | -805↓268.7% | -218 | |
| EPS (Basic) | -0.95↑75.1% | -3.82↑1.8% | -3.89↓2.1% | -3.81↓262.9% | -1.05 | |
| EPS (Diluted) | -0.95↑75.1% | -3.82↑1.8% | -3.89↓2.1% | -3.81↓262.9% | -1.05 | |
| Weighted Average Shares | 239↑6.2% | 225↑4.4% | 215↑1.9% | 211↑1.5% | 208 | |
| Weighted Average Diluted Shares | 239↑6.2% | 225↑4.4% | 215↑1.9% | 211↑1.5% | 208 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.