Rackspace Technology, Inc. (RXT) Financials

$1.37

north_east
$0.03 (2.24%)
Day's range
$1.33
Day's range
$1.4
$4B$4B$3B$3B$2B$2B$1B$1B$0$0-$1B-$1BEarning2018201820192019202020202021202120222022202320232024202410%10%0%0%-10%-10%-20%-20%-30%-30%-40%-40%Profit Margin
Profit Margin
Revenue
Earnings

RXT Income statement / Annual

Last year (2024), Rackspace Technology, Inc.'s total revenue was $2.74 B, a decrease of 7.44% from the previous year. In 2024, Rackspace Technology, Inc.'s net income was -$858.20 M. See Rackspace Technology, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Operating Revenue $2.74 B $2.96 B $3.12 B $3.01 B $2.71 B $2.44 B $2.45 B $2.14 B
Cost of Revenue $2.20 B $2.31 B $2.27 B $2.07 B $1.72 B $1.43 B $1.45 B $1.35 B
Gross Profit $533.40 M $648.60 M $856.90 M $936.80 M $984.40 M $1.01 B $1.01 B $790.60 M
Gross Profit Ratio 0.19 0.22 0.27 0.31 0.36 0.41 0.41 0.37
Research and Development Expenses $0.00 $43.70 M $24.50 M $28.30 M $36.70 M $56.00 M $74.70 M $92.90 M
General & Administrative Expenses $0.00 $632.40 M $820.90 M $873.20 M $917.20 M $871.80 M $907.40 M $942.20 M
Selling & Marketing Expenses $0.00 $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 $707.60 M $660.00 M $855.30 M $906.80 M $959.70 M $911.70 M $949.30 M $942.20 M
Other Expenses $734.90 M $844.30 M -$10.00 M -$1.00 M $2.50 M -$3.30 M $12.70 M -$7.40 M
Operating Expenses $1.44 B $1.55 B $855.30 M $906.80 M $959.70 M $911.70 M $949.30 M $913.40 M
Cost And Expenses $3.65 B $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 $0.00 $208.50 M $205.10 M $268.40 M $329.90 M $0.00 $0.00
Interest Expense $98.00 M $221.60 M $208.50 M $205.10 M $268.40 M $329.90 M $281.10 M $223.40 M
Depreciation & Amortization $363.00 M $442.90 M $447.60 M $490.70 M $536.90 M $566.50 M $611.00 M $757.90 M
EBITDA -$420.50 M -$149.90 M -$248.20 M $421.40 M $479.10 M $722.50 M $393.40 M $629.80 M
EBITDA Ratio -0.15 -0.05 -0.08 0.14 0.18 0.3 0.16 0.29
Operating Income Ratio -0.33 -0.3 -0 0.01 0.01 0.04 0.03 -0.05
Total Other Income/Expenses Net $27.60 M $45.00 M -$218.70 M -$246.60 M -$336.70 M -$223.90 M -$263.30 M -$243.10 M
Income Before Tax -$881.50 M -$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 -0.32 -0.29 -0.29 -0.08 -0.12 -0.05 -0.2 -0.17
Income Tax Expense -$23.30 M -$16.60 M -$92.90 M -$30.80 M -$66.20 M -$20.00 M -$29.90 M -$300.80 M
Net Income -$858.20 M -$837.80 M -$804.80 M -$218.30 M -$245.80 M -$102.30 M -$470.60 M -$59.90 M
Net Income Ratio -0.31 -0.28 -0.26 -0.07 -0.09 -0.04 -0.19 -0.03
EPS -3.82 -3.89 -3.81 -1.05 -1.37 -0.5 -28.7 -3.65
EPS Diluted -3.82 -3.89 -3.81 -1.05 -1.37 -0.5 -28.7 -3.65
Weighted Average Shares Out $224.80 M $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 $224.80 M $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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