RXT · XBRL financial data
Rackspace Technology financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (RXT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 2,707 | 3,010 | 3,122 | 2,957 | 2,737 | 2,686 |
| Cost of revenue | 1,723 | 2,073 | 2,265 | 2,328 | 2,204 | 2,179 |
| Gross profit | 984 | 937 | 857 | 629 | 533 | 506 |
| Research and development | 37 | 28 | 25 | 44 | 45 | 39 |
| Selling, general and administrative | 960 | 907 | 855 | 767 | 708 | 607 |
| Operating income (loss) | 25 | (3) | (679) | (899) | (909) | (101) |
| Interest expense | 268 | 205 | 209 | 222 | 98 | 83 |
| Other income (expense) | 3 | (1) | (10) | (5) | (22) | (19) |
| Income tax expense (benefit) | (66) | (31) | (93) | (17) | (23) | 24 |
| Net income (loss) | (246) | (218) | (805) | (838) | (858) | (226) |
| Earnings per share, basic USD per share | (1.37) | (1.05) | (3.81) | (3.89) | (3.82) | (0.95) |
| Earnings per share, diluted USD per share | (1.37) | (1.05) | (3.81) | (3.89) | (3.82) | (0.95) |
| Weighted average shares, basic millions of shares | 180 | 208 | 211 | 215 | 225 | 239 |
| Weighted average shares, diluted millions of shares | 180 | 208 | 211 | 215 | 225 | 239 |
Balance sheet
CSVFiscal years (RXT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 105 | 273 | 228 | 197 | 144 | 106 |
| Accounts receivable | 483 | 554 | 622 | 340 | 299 | 267 |
| Total current assets | 759 | 990 | 1,073 | 738 | 619 | 518 |
| Right-of-use asset | 171 | 162 | 138 | 126 | 135 | 145 |
| Goodwill | 2,761 | 2,707 | 2,155 | 1,452 | 736 | 740 |
| Total assets | 6,378 | 6,329 | 5,457 | 4,096 | 3,054 | 2,800 |
| Current portion of long-term debt | 43 | 23 | 23 | 23 | 29 | 27 |
| Total current liabilities | 742 | 837 | 857 | 800 | 767 | 767 |
| Long-term debt | 3,319 | 3,311 | 3,295 | 2,840 | 2,756 | 2,719 |
| Lease liability, non-current | 118 | 115 | 85 | 75 | 78 | 84 |
| Total liabilities | 4,994 | 5,001 | 4,827 | 4,251 | 4,058 | 4,019 |
| Accumulated deficit | (963) | (1,182) | (1,986) | (2,824) | (3,682) | (3,908) |
| Total stockholders' equity | 1,384 | 1,327 | 630 | (155) | (1,004) | (1,220) |
| Total liabilities and equity | 6,378 | 6,329 | 5,457 | 4,096 | 3,054 | 2,800 |
| Common shares outstanding (cover page) millions of shares | 206 | 212 | 213 | 220 | 237 | 247 |
Cash flows
CSVFiscal years (RXT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (246) | (218) | (805) | (838) | (858) | (226) |
| Stock-based compensation | 75 | 75 | 70 | 65 | 63 | 45 |
| Net cash from operating activities | 117 | 371 | 247 | 375 | 40 | 151 |
| Purchases of property and equipment | 117 | 108 | 80 | 97 | 111 | 61 |
| Net cash from investing activities | (128) | (69) | (98) | (96) | (87) | (58) |
| Proceeds from issuing common stock | 658 | 0 | 0 | — | — | — |
| Share repurchases | 0 | 0 | 31 | 0 | 0 | — |
| Proceeds from long-term debt | 860 | 2,839 | 0 | 50 | 275 | 155 |
| Repayments of long-term debt | 1,451 | 2,878 | 23 | 242 | 163 | 198 |
| Net cash from financing activities | 30 | (132) | (187) | (313) | (3) | (135) |
| Net change in cash | 21 | 167 | (44) | (32) | (53) | (39) |
Compare with peers
SIC 7370 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7370 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Rackspace Technology | 111 | 670 | (32)* | 254.9M | 3.5 quarters | 10-QJun 30, 2026 |
| Tucows | 44 | not reported | 1.9 | 11.2M | — | 10-QJun 30, 2026 |
| On24 | 37 | 35* | (1.1)* | 42.9M | 158.0 quarters | 10-KDec 31, 2025 |
| Spectral Capital | 5.3 | 318 | (1)* | 96.3M | 5.1 quarters | 10-QJun 30, 2026 |
| Soundthinking | 6.4 | 24 | (7.5)* | 13.2M | 0.9 quarters | 10-QJun 30, 2026 |
| PLAYSTUDIOS | 103 | 55 | 5.6* | not reported | — | 10-QJun 30, 2026 |
| SmartRent | 89 | 42 | not reported | 189.8M | — | 10-QSep 30, 2026 |
| Audioeye | 9.3 | 11 | 1.8* | 12.7M | — | 10-QSep 30, 2026 |
| CS Disco | 13 | 45 | not reported | 65.7M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.