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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›RXT›Financials
Annual statements · SEC XBRL · FY2018 – FY2025

Rackspace Technology, Inc. (RXT) financials

Income statement

Rackspace Technology, Inc. (RXT) income statement, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$2.45B$2.44B$2.71B$3.01B$3.12B$2.96B$2.74B$2.69B
Revenue growth—-0.6%11.0%11.2%3.7%-5.3%-7.4%-1.9%
Gross profit$1.01B$1.01B$984M$937M$857M$629M$533M$506M
Gross margin41.1%41.5%36.4%31.1%27.4%21.3%19.5%18.9%
Operating income-$237M$102M$24.7M-$2.50M-$679M-$899M-$909M-$101M
Operating margin-9.7%4.2%0.9%-0.1%-21.7%-30.4%-33.2%-3.7%
Net income-$471M-$102M-$246M-$218M-$805M-$838M-$858M-$226M
Net margin-19.2%-4.2%-9.1%-7.3%-25.8%-28.3%-31.4%-8.4%
EPS (diluted)-$2.85-$0.62-$1.37-$1.05-$3.81-$3.89-$3.82-$0.95

Cash flow

Rackspace Technology, Inc. (RXT) cash flow, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$430M$293M$117M$371M$247M$375M$39.9M$151M
Capital expenditures$294M$198M$117M$108M$80.4M$96.9M$111M$60.8M
Free cash flow$136M$94.9M$200K$262M$166M$278M-$71.2M$90.6M
Share buybacks$0.00$2.20M$0.00$0.00$31.0M$0.00$0.00—

Balance sheet

Rackspace Technology, Inc. (RXT) balance sheet, annual, from SEC filings
Fiscal yearFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$254M$83.8M$105M$273M$228M$197M$144M$106M
Total assets—$6.27B$6.38B$6.33B$5.46B$4.10B$3.05B$2.80B
Total liabilities—$5.37B$4.99B$5.00B$4.83B$4.25B$4.06B$4.02B
Long-term debt—$3.84B$3.32B$3.31B$3.30B$2.84B$2.76B$2.72B
Shareholders' equity$908M$899M$1.38B$1.33B$630M-$155M-$1.00B-$1.22B
Retained earnings—-$718M-$963M-$1.18B-$1.99B-$2.82B-$3.68B-$3.91B
Shares (wtd avg diluted)165M165M180M208M211M215M225M239M

Every figure is extracted from Rackspace Technology, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Rackspace Technology, Inc.'s annual revenue?
Rackspace Technology, Inc. (RXT) reported $2.69B of revenue for fiscal year 2025 — down 1.9% from $2.74B in FY2024, per its annual report filed with the SEC.
Is Rackspace Technology, Inc. profitable?
Not in FY2025 — RXT reported a net loss of $226M, per SEC filings.
What is Rackspace Technology, Inc.'s free cash flow?
$90.6M in FY2025 (operating cash flow $151M minus $60.8M of capital expenditures), from the SEC cash-flow statement.
Does RXT pay a dividend?
Rackspace Technology, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full RXT analysis — verdict, score & filings →Is RXT a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.