Rackspace Technology (RXT)
Runs managed public-cloud and private-cloud operations for enterprise IT workloads.
$4.14
After-hours close+0.02 (+0.49%)
At close$4.12(+1.98%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 732 | 720 | 691 | 685 | 676 | 686 | 665 | 666 | 671 | 683 | 678 | 666 |
| Cost of revenue | 580 | 566 | 558 | 554 | 538 | 554 | 576 | 575 | 579 | 618 | 590 | 537 |
| Gross profit | 152 | 154 | 133 | 131 | 138 | 132 | 90 | 92 | 92 | 65 | 88 | 129 |
| 391 | 169 | 786 | 185 | 311 | 161 | 115 | 112 | 116 | 63 | 97 | 154 | |
| 177 | 166 | 192 | 185 | 170 | 161 | 115 | 112 | 116 | 63 | 97 | 154 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 154 |
| Other expenses | 214 | 4 | 593 | 0 | 142 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −239 | −15 | −653 | −54 | −174 | −29 | −25 | −21 | −24 | 2 | −9 | −25 |
| −4 | 53 | 8 | 49 | −1 | −28 | −38 | −29 | −35 | −31 | 17 | −25 | |
| Interest expense | 57 | 51 | 44 | 18 | 18 | 18 | 31 | 33 | 33 | 31 | 30 | 21 |
| Other non-operating income | −53 | −104 | −51 | −67 | −17 | 10 | 7 | −4 | 2 | 0 | −47 | 4 |
| Income before tax | −243 | 38 | −645 | −5 | −175 | −57 | −63 | −50 | −59 | −30 | 8 | −50 |
| Income tax expense | −17 | 10 | −5 | −30 | 12 | −1 | 8 | 5 | 8 | 3 | 0 | 5 |
| Net income from continuing operations | −227 | 28 | −641 | 25 | −187 | −56 | −71 | −55 | −67 | −33 | 8 | −55 |
| Net income | −227 | 28 | −641 | 25 | −187 | −56 | −72 | −55 | −67 | −33 | 8 | −68 |
| EPS, basic | −$1.05 | $0.13 | −$2.91 | $0.11 | −$0.82 | −$0.25 | −$0.31 | −$0.23 | −$0.28 | −$0.13 | $0.03 | −$0.27 |
| EPS, diluted | −$1.05 | $0.13 | −$2.91 | $0.11 | −$0.82 | −$0.25 | −$0.31 | −$0.23 | −$0.28 | −$0.13 | $0.03 | −$0.27 |
| Weighted average shares, basic | 216 | 217 | 220 | 225 | 226 | 228 | 232 | 238 | 240 | 244 | 246 | 250 |
| Weighted average shares, diluted | 216 | 220 | 220 | 230 | 226 | 228 | 232 | 238 | 240 | 244 | 250 | 250 |
| EBITDA | −81 | 191 | −527 | 88 | −66 | 51 | 58 | 74 | 65 | 92 | 127 | 10 |
| Depreciation & amortization | 106 | 103 | 75 | 74 | 90 | 90 | 91 | 91 | 91 | 90 | 88 | 39 |
| EBIT | −187 | 88 | −602 | 14 | −157 | −39 | −33 | −17 | −26 | 2 | 38 | −29 |
