Rackspace Technology/$RXT

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09:10
04:45
00:25
20:00
1D1W1MYTD1Y5YMAX

About Rackspace Technology

Rackspace Technology Inc is an end-to-end, hybrid, multi cloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services; Data; Colocation; Cloud; Managed Hosting; Professional Services; and Security & Compliance. It operates in segments namely, Private Cloud, and Public Cloud. It generates revenue through the sale of consumption-based contracts for its service offerings and from the sale of professional services related to designing and building custom solutions.

Ticker

$RXT

Sector

Business services
Primary listing

Employees

5,100

RXT Metrics

BasicAdvanced
$409M
-
-$1.60
2.06
-

What the Analysts think about RXT

Analyst ratings (Buy, Hold, Sell) for Rackspace Technology stock.

Bulls say / Bears say

Rackspace’s operational turnaround is gaining momentum, with first-quarter sales bookings up 9% year-over-year and non-GAAP operating profit soaring 83% year-over-year, reflecting improved efficiency and profitability trends (GlobeNewswire)
The company secured major long-term private cloud deals in healthcare, BFSI, and telecom during Q2 and won 80 AI service agreements, including with Sema4.ai, demonstrating strong demand for its hybrid and AI solutions (ExpressNews)
Rackspace recently launched Rackspace OpenStack Business, a new open source-based private cloud service targeting regulated workloads and vendor lock-in concerns, expanding its product portfolio and addressing enterprise compliance requirements (ITPro)
Revenue has declined year-over-year for both core segments, with total revenue down 4% in Q1 to $665 million and down 3% in Q2 to $666 million, marking continued shrinkage in Rackspace’s top line (GlobeNewswire)
Rackspace has reported four consecutive quarterly net losses, including a $71.5 million loss in Q1 and a $54.5 million loss in Q2, underscoring persistent unprofitability despite operational initiatives (ExpressNews; ExpressNews)
Operating cash flow remains constrained, with Q2 cash flow from operating activities at just $8 million, highlighting limited internal cash generation relative to revenue and potential liquidity pressure (GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 20 Oct 2025.

RXT Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

RXT Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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