Rackspace Technology, Inc. (RXT) Financials

$2.21

south_east -$0.01 (-0.45%)
Day's range
$2.18
Day's range
$2.32

RXT Income statement / Annual

Last year (2023), Rackspace Technology, Inc.'s total revenue was $2.96 B, a decrease of 5.29% from the previous year. In 2023, Rackspace Technology, Inc.'s net income was -$837.80 M. See Rackspace Technology, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Operating Revenue $2.96 B $3.12 B $3.01 B $2.71 B $2.44 B $2.45 B $2.14 B
Cost of Revenue $2.31 B $2.27 B $2.07 B $1.72 B $1.43 B $1.45 B $1.35 B
Gross Profit $648.60 M $856.90 M $936.80 M $984.40 M $1.01 B $1.01 B $790.60 M
Gross Profit Ratio 0.22 0.27 0.31 0.36 0.41 0.41 0.37
Research and Development Expenses $43.70 M $24.50 M $28.30 M $36.70 M $56.00 M $74.70 M $92.90 M
General & Administrative Expenses $632.40 M $820.90 M $873.20 M $917.20 M $871.80 M $907.40 M $942.20 M
Selling & Marketing Expenses $27.60 M $34.40 M $33.60 M $42.50 M $39.90 M $41.90 M $59.50 M
Selling, General & Administrative Expenses $660.00 M $855.30 M $906.80 M $959.70 M $911.70 M $949.30 M $942.20 M
Other Expenses $844.30 M -$10.00 M -$1.00 M $2.50 M -$3.30 M $12.70 M -$7.40 M
Operating Expenses $1.55 B $855.30 M $906.80 M $959.70 M $911.70 M $949.30 M $913.40 M
Cost And Expenses $3.86 B $3.12 B $2.98 B $2.68 B $2.34 B $2.40 B $2.27 B
Interest Income $0.00 $208.50 M $205.10 M $268.40 M $329.90 M $0.00 $0.00
Interest Expense $221.60 M $208.50 M $205.10 M $268.40 M $329.90 M $281.10 M $223.40 M
Depreciation & Amortization $442.90 M $447.60 M $490.70 M $536.90 M $566.50 M $611.00 M $757.90 M
EBITDA -$149.90 M -$248.20 M $421.40 M $479.10 M $722.50 M $393.40 M $629.80 M
EBITDA Ratio -0.05 0.14 0.17 0.21 0.27 0.28 0.29
Operating Income Ratio -0.3 -0 0.01 0.01 0.04 0.03 -0.05
Total Other Income/Expenses Net $45.00 M -$218.70 M -$246.60 M -$336.70 M -$223.90 M -$263.30 M -$243.10 M
Income Before Tax -$854.40 M -$897.70 M -$249.10 M -$312.00 M -$122.30 M -$500.50 M -$360.70 M
Income Before Tax Ratio -0.29 -0.29 -0.08 -0.12 -0.05 -0.2 -0.17
Income Tax Expense -$16.60 M -$92.90 M -$30.80 M -$66.20 M -$20.00 M -$29.90 M -$300.80 M
Net Income -$837.80 M -$804.80 M -$218.30 M -$245.80 M -$102.30 M -$470.60 M -$59.90 M
Net Income Ratio -0.28 -0.26 -0.07 -0.09 -0.04 -0.19 -0.03
EPS -3.89 -3.81 -1.05 -1.37 -0.5 -28.7 -3.65
EPS Diluted -3.89 -3.81 -1.05 -1.37 -0.5 -28.7 -3.65
Weighted Average Shares Out $215.30 M $211.20 M $208.00 M $179.60 M $204.08 M $16.40 M $16.39 M
Weighted Average Shares Out Diluted $215.30 M $211.20 M $208.00 M $179.60 M $204.08 M $16.40 M $16.39 M
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