Rackspace Technology, Inc. RXT R2KTECHAI
Company Overview
Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud. The company offers programmatic infrastructure, including hardware and services for datacenter compute, network, storage, and data protection; cloud operating systems; platform-as-a-service; private cloud solutions; and private cloud services, such as managed, professional, elastic engineering, and security services, as well as an email platform for customers and carriers. It also provides a cloud platform that offers platform-related services, including cloud strategy and architecture, platform and infrastructure migrations, and modern cloud infrastructure; cloud apps that build and manage applications within a cloud technology stack; and cloud data, which helps accelerate the adoption of modern data solutions enabling business transformation. In addition, the company offers cloud security that provides security solutions in security threat assessment and prevention; proactive threat detection and response; rapid remediation; governance, risk, and compliance assistance across multiple cloud platforms; and privacy and data protection services, including detailed access restrictions and reporting. Further, it provides Rackspace AI, a portfolio of AI services and solutions to help organizations scale AI, as well as multi-cloud strategy, data and application modernization, cloud adoption, cloud-native enablement, SaaS lifecycle management, and data management services. The company serves the financial services, government, healthcare, manufacturing, non-profit, education, SaaS and ISV, consumer goods, oil and gas, and other industries. The company was formerly known as Rackspace Corp. and changed its name to Rackspace Technology, Inc. in June 2020. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
Why Investors Should Care
Generates a return on equity of 18.5%, reflecting efficient use of shareholder capital.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $2.69B (-1.9% YoY); net profit $-225.80M.
- Trailing 12 Months Year-on-year growth — revenue +1.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 1.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 1.52% |
| 1 Year: | 1.90% |
Stock Price Performance
| 1 Year: | +151.18% |
| 6 Months: | +54.11% |
| 3 Months: | -32.20% |
| 1 Month: | -33.82% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Rackspace Technology is a hybrid-cloud and AI-solutions provider helping enterprises run and modernise workloads across public and private cloud.
Managed multicloud services plus emerging AI/GenAI solutions and private-AI infrastructure.
- AI/GenAI solutions Rackspace offers AI advisory, deployment and private-AI infrastructure services for enterprises.
- Hybrid-cloud management Managed services run customer workloads across public and private cloud.
- Platform-as-a-service Cloud OS and PaaS support modern, AI-ready workloads.
- Turnaround story repositioning toward hybrid-cloud and AI services.
- Large installed services base to cross-sell AI solutions.
- Loss-making with high leverage and declining revenue — significant risk.
- Competition from hyperscalers and debt load are key concerns.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading 57.6% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | RXT Rackspace Technology, Inc. R2KTECHAI | 3.19 | -5.23 | $809.97M | 0.00% | -4.95% | 18.52% | 1.52% | - |
| 2 | NVDA NVIDIA Corporation NDXSPXR3KAITECH | 230.36 | 35.28 | $5.58T | 0.46% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPXR3KTECH | 319.97 | 36.69 | $4.67T | 0.35% | 68.72% | 148.75% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXR3KAITECH | 499.70 | 27.85 | $3.71T | 0.73% | 26.33% | 34.04% | 9.93% | 11.90% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AITECH | 426.34 | 37.46 | $2.21T | 0.91% | 30.20% | 39.97% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXR3KAITECH | 357.90 | 59.55 | $1.70T | 0.62% | 16.70% | 37.28% | 17.04% | 54.08% |
| 7 | MU Micron Technology, Inc. NDXSPXR3KAITECH | 1,016.59 | 22.97 | $1.15T | 0.06% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH | 477.57 | 122.14 | $779.62B | 0.00% | 5.47% | 10.20% | 11.81% | 66.28% |
| 9 | ASML ASML Holding N.V. NDXAITECH | 1,714.88 | 58.49 | $658.69B | 0.53% | 42.97% | 53.94% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 602.40M | 601.70M | 652.70M | 656.50M | 681.70M | 725.90M | 743.80M | 762.50M | 775.50M | 772.20M | 787.60M | 758.70M | 746.30M | 732.40M | 690.80M | 684.90M | - | - | 665.40M | 666.30M | 671.20M | 682.80M | 678.10M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 538.50M | 537.10M | 541.30M | 562.40M | 559.00M |
| Gross Profit | 252.10M | 253.80M | 249.30M | 241.90M | 245.80M | 235.30M | 235.50M | 231.70M | 226.00M | 224.00M | 207.10M | 169.60M | 153.10M | 152.00M | 132.80M | 131.40M | - | - | 126.90M | 129.20M | 129.90M | 120.40M | 119.10M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 165.30M | 154.30M | 163.80M | 123.70M | 136.90M |
| Operating Income | 25.60M | 32.10M | 21.50M | 22.70M | -14.70M | 24.20M | 2.90M | -2.90M | 20.90M | 4.00M | -476.70M | -581.00M | -63.80M | -239.40M | -652.80M | -53.80M | - | - | -38.40M | -25.10M | -33.90M | -3.30M | -17.80M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.00M | 46.40M | 85.80M | 81.30M | 106.20M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.40M | 21.30M | 21.20M | 20.80M | 26.20M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -63.30M | -49.90M | -59.00M | -29.60M | 8.20M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.20M | 4.60M | 8.10M | 3.10M | -100.00K |
| Net Income | 62.50M | -60.50M | -48.20M | -32.60M | -101.20M | -64.00M | -36.60M | -34.80M | -38.50M | -40.60M | -511.70M | -612.00M | -27.20M | -226.60M | -640.60M | 25.00M | - | - | -71.50M | -54.50M | -67.10M | -32.70M | 8.30M |
| Diluted EPS | 0.38 | - | - | -0.20 | -0.54 | -0.31 | -0.18 | -0.17 | -0.18 | -0.19 | -2.43 | -2.87 | -0.13 | -1.05 | -2.91 | 0.11 | - | - | -0.31 | -0.23 | -0.28 | -0.13 | 0.03 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.45B | 2.44B | 2.71B | - | 3.12B | 2.96B | 2.74B | 2.69B |
| Cost of Revenue | - | - | - | - | 2.27B | 2.33B | 2.20B | 2.18B |
| Gross Profit | 1.01B | 1.01B | 984.40M | - | 856.90M | 628.80M | 533.40M | 506.40M |
| Operating Expenses | - | - | - | - | 855.30M | 767.20M | 707.60M | 607.10M |
| Operating Income | -237.20M | 101.60M | 24.70M | - | 1.60M | -138.40M | -174.20M | -100.70M |
| EBITDA | - | - | - | - | -241.70M | -189.90M | -420.50M | 243.50M |
| Interest Expense | - | - | - | - | 208.50M | 221.60M | 98.00M | 82.70M |
| Pretax Income | - | - | - | - | -897.70M | -854.40M | -881.50M | -201.80M |
| Tax Provision | - | - | - | - | -92.90M | -16.60M | -23.30M | 24.00M |
| Net Income | -470.60M | -102.30M | -245.80M | - | -804.80M | -837.80M | -858.20M | -225.80M |
| Diluted EPS | - | -0.62 | -1.37 | - | -3.81 | -3.89 | -3.84 | -0.95 |
| R&D Expense | 74.70M | 56.00M | 36.70M | 28.30M | 24.50M | 43.70M | 45.40M | 39.10M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 6.27B | 6.38B | 6.33B | 5.46B | 4.10B | 3.05B | 2.80B |
| Total Equity | 1.37B | 907.80M | 898.80M | 1.38B | 1.33B | 629.50M | -154.50M | -1.00B | -1.22B |
| Cash & Equivalents | - | 254.30M | 83.80M | 104.70M | 272.80M | 228.40M | 196.80M | 144.00M | 105.80M |
| Long Term Debt | - | - | 3.84B | 3.32B | 3.31B | 3.30B | 2.84B | 2.76B | 2.72B |
| Total Liabilities | - | - | 5.37B | 4.99B | 5.00B | 4.83B | 4.25B | 4.06B | 4.02B |
| Current Liabilities | - | - | 671.90M | 742.20M | 837.40M | 856.50M | 799.50M | 766.60M | 766.70M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 429.80M | 292.90M | 116.70M | 370.80M | 246.70M | 374.90M | 39.90M | 151.40M |
| Investing Cash Flow | -348.30M | -386.50M | -128.40M | -69.00M | -97.90M | -96.00M | -86.60M | -58.40M |
| Financing Cash Flow | -53.70M | -79.20M | 29.90M | -132.20M | -187.00M | -312.80M | -3.00M | -134.60M |
| Capital Expenditure | -294.30M | -198.00M | -116.50M | -108.40M | -80.40M | -96.90M | -111.10M | -60.80M |
| Free Cash Flow | 135.50M | 94.90M | 200.00K | 262.40M | 166.30M | 278.00M | -71.20M | 90.60M |
| Share Buybacks | 0 | 2.20M | 0 | 0 | 31.00M | 0 | 0 | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 41.1% | 41.5% | 36.4% | - | 27.4% | 21.3% | 19.5% | 18.9% |
| Operating Margin % | -9.7% | 4.2% | 0.9% | - | 0.1% | -4.7% | -6.4% | -3.7% |
| Net Margin % | -19.2% | -4.2% | -9.1% | - | -25.8% | -28.3% | -31.4% | -8.4% |
| ROE % | -51.8% | -11.4% | -17.8% | - | -127.8% | 542.3% | 85.5% | 18.5% |
| ROCE % | - | 1.8% | 0.4% | - | 0.0% | -4.2% | -7.6% | -5.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Apollo Management Holdings, L.P. | 50.85% | 129.61M | $408.27M |
| 2 | Blackrock Inc. | 3.09% | 7.87M | $24.80M |
| 3 | Voss Capital, LP | 2.98% | 7.59M | $23.92M |
| 4 | AQR Capital Management, LLC | 2.01% | 5.13M | $16.16M |
| 5 | Vanguard Capital Management LLC | 1.76% | 4.49M | $14.14M |
| 6 | Two Sigma Investments, LP | 1.50% | 3.84M | $12.08M |
| 7 | Vanguard Portfolio Management LLC | 1.46% | 3.72M | $11.72M |
| 8 | Marathon Asset Management, LP | 1.42% | 3.62M | $11.42M |
| 9 | Geode Capital Management, LLC | 1.04% | 2.64M | $8.31M |
| 10 | Renaissance Technologies, LLC | 0.95% | 2.43M | $7.65M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for RXT
Rackspace Scott Anthony Sells 48,780 Shares for $207,315
Anthony disposed of 21% of his equity holdings following a massive rally for the Rackspace stock price.
Rackspace Technology Launches Rackspace Cloud, Among the First Fully Managed Multitenant Cloud Platforms Built on VMware Cloud Foundation 9.1
New platform gives enterprises elastic VMware capacity ready for virtual machines, Kubernetes, and production AI workloads, with the governance and control regulated industries requireSAN ANTONIO, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Rackspace…
Rackspace Technology Appoints Chetan Gupta, Ph.D., as Chief AI Officer to Advance Enterprise and Sovereign AI
SAN ANTONIO, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced the appointment of Chetan Gupta, Ph.D., as Chief AI Officer. Gupta will lead t…
Rackspace Technology Inc (RXT) (Q2 2026) Earnings Call Highlights: Strategic AI Pivot Drives ...
Rackspace Technology Inc (RXT) navigates a strategic shift toward high-margin AI and private cloud services, reporting mixed Q2 results with a focus on long-term enterprise AI opportunities.
Rackspace Technology Q2 Earnings Call Highlights
Rackspace Technology (NASDAQ:RXT) reported second-quarter revenue of $670 million, up 1% from a year earlier, as the company outlined an expanded enterprise AI infrastructure strategy built around managed compute, inference and sovereign AI…
Rackspace (RXT) Stock Still Looks Undervalued After Fraud Lawsuit News
Rackspace Technology stock has delivered a very strong run year to date, yet its valuation checks still point to shares screening on the cheap side rather than fully pricing in that move. Year to date the share price is up 394.7%, which put…
RXT — Frequently Asked Questions
What is the current share price of Rackspace Technology, Inc. (RXT)?
As of 2026-09-07 16:24 PDT, Rackspace Technology, Inc. (RXT) trades at $3.19 on NasdaqGS. Its 52-week range is $0.41 to $7.53.
What is the market capitalisation of RXT?
Rackspace Technology, Inc. (RXT) has a market capitalisation of $809.97M on NasdaqGS.
What is the P/E ratio of RXT?
RXT trades at a trailing price-to-earnings (P/E) ratio of -5.23. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is -1.00.
What is the return on equity (ROE) of RXT?
RXT has a return on equity (ROE) of 18.52%. Its return on capital employed (ROCE) is -4.95%.
Is RXT a good stock to buy?
This page provides a data-driven analysis of Rackspace Technology, Inc. (RXT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.