Rackspace Technology, Inc. financial data

Symbol
RXT on Nasdaq
Industry
Services-Computer Programming, Data Processing, Etc.
Location
1 Fanatical Place, City Of Windcrest, San Antonio, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Rackspace Corp. (to 5/6/2020)
Latest financial report
10-K - Q4 2024 - Mar 21, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 89.9 % -17.2%
Debt-to-equity -475 % +92.6%
Return On Equity 98.2 % -91.8%
Return On Assets -26.2 % -39%
Operating Margin -33.2 % -9.21%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 237M shares +7.99%
Common Stock, Shares, Outstanding 229M shares +5.38%
Entity Public Float 201M USD +44.6%
Common Stock, Value, Issued 2.3M USD +4.55%
Weighted Average Number of Shares Outstanding, Basic 225M shares +4.41%
Weighted Average Number of Shares Outstanding, Diluted 225M shares +4.41%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.74B USD -7.44%
Cost of Revenue 2.2B USD -5.35%
Operating Income (Loss) -909M USD -1.08%
Nonoperating Income (Expense) 27.6M USD -38.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -882M USD -3.17%
Income Tax Expense (Benefit) -23.3M USD -40.4%
Net Income (Loss) Attributable to Parent -858M USD -2.44%
Earnings Per Share, Basic -3.82 USD/shares +1.8%
Earnings Per Share, Diluted -3.82 USD/shares +1.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 144M USD -26.8%
Accounts Receivable, after Allowance for Credit Loss, Current 299M USD -12%
Other Assets, Current 91.1M USD -20.2%
Assets, Current 619M USD -16.2%
Operating Lease, Right-of-Use Asset 135M USD +6.57%
Intangible Assets, Net (Excluding Goodwill) 845M USD -17.1%
Goodwill 736M USD -49.3%
Other Assets, Noncurrent 119M USD -21.3%
Assets 3.05B USD -25.4%
Employee-related Liabilities, Current 96.7M USD +33.9%
Contract with Customer, Liability, Current 84.2M USD +6.85%
Liabilities, Current 767M USD -4.12%
Contract with Customer, Liability, Noncurrent 2M USD -62.3%
Deferred Income Tax Liabilities, Net 30.2M USD -61.9%
Operating Lease, Liability, Noncurrent 77.8M USD +4.29%
Other Liabilities, Noncurrent 95M USD -2.46%
Liabilities 4.06B USD -4.53%
Accumulated Other Comprehensive Income (Loss), Net of Tax 24.1M USD -60%
Retained Earnings (Accumulated Deficit) -3.68B USD -30.4%
Stockholders' Equity Attributable to Parent -1B USD -550%
Liabilities and Equity 3.05B USD -25.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -90.3M USD -4653%
Net Cash Provided by (Used in) Financing Activities 188M USD
Net Cash Provided by (Used in) Investing Activities -11.1M USD +5.13%
Common Stock, Shares Authorized 1.5B shares 0%
Common Stock, Shares, Issued 232M shares +5.31%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 85.8M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 147M USD -26.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 53.3M USD +7.68%
Deferred Tax Assets, Valuation Allowance 173M USD +162%
Deferred Tax Assets, Gross 428M USD +31.5%
Operating Lease, Liability 134M USD -4.91%
Depreciation 141M USD -32.3%
Payments to Acquire Property, Plant, and Equipment 28.1M USD +132%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -894M USD -5.36%
Lessee, Operating Lease, Liability, to be Paid 152M USD -2.69%
Operating Lease, Liability, Current 55.9M USD -15.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 29.1M USD -7.03%
Lessee, Operating Lease, Liability, to be Paid, Year One 64.1M USD -13.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -24.4M USD -41%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 18M USD +17.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 20.2M USD +5.21%
Deferred Tax Assets, Operating Loss Carryforwards 20.3M USD -35.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 64.9M USD +2.04%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10.7M USD -22.5%
Additional Paid in Capital 2.68B USD +1.69%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 154M USD -4.29%
Deferred Tax Assets, Net of Valuation Allowance 255M USD -1.81%
Share-based Payment Arrangement, Expense 63.4M USD -3.06%
Interest Expense 208M USD -3.21%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%