Rackspace Technology, Inc. financial data

Symbol
RXT on Nasdaq
Industry
Services-Computer Programming, Data Processing, Etc.
Location
1 Fanatical Place, City Of Windcrest, San Antonio, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Rackspace Corp. (to 5/6/2020)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 92.8 % -20.7%
Debt-to-equity -635 % -117%
Return On Equity 117 %
Return On Assets -21.9 % +2.93%
Operating Margin -32.3 % +12.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 228M shares +5.16%
Common Stock, Shares, Outstanding 228M shares +5.18%
Entity Public Float 139M USD -63.6%
Common Stock, Value, Issued 2.3M USD +4.55%
Weighted Average Number of Shares Outstanding, Basic 226M shares +4.82%
Weighted Average Number of Shares Outstanding, Diluted 226M shares +4.82%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.77B USD -8.37%
Cost of Revenue 2.22B USD -5.72%
Operating Income (Loss) -896M USD +19.4%
Nonoperating Income (Expense) 108M USD +75.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -787M USD +32.7%
Income Tax Expense (Benefit) -13.1M USD +85.3%
Net Income (Loss) Attributable to Parent -774M USD +28.3%
Earnings Per Share, Basic -3.46 USD/shares +31.6%
Earnings Per Share, Diluted -3.46 USD/shares +31.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 157M USD -43.4%
Accounts Receivable, after Allowance for Credit Loss, Current 312M USD -10.6%
Other Assets, Current 84.4M USD -32.6%
Assets, Current 649M USD -23.2%
Operating Lease, Right-of-Use Asset 139M USD +9.59%
Intangible Assets, Net (Excluding Goodwill) 883M USD -16.5%
Goodwill 740M USD -48.9%
Other Assets, Noncurrent 118M USD -37%
Assets 3.15B USD -26.5%
Employee-related Liabilities, Current 94.2M USD +12%
Contract with Customer, Liability, Current 68.8M USD -15.7%
Liabilities, Current 769M USD -6.78%
Contract with Customer, Liability, Noncurrent 2.5M USD -60.9%
Deferred Income Tax Liabilities, Net 26M USD -71.7%
Operating Lease, Liability, Noncurrent 86.3M USD +11.4%
Other Liabilities, Noncurrent 98.1M USD +3.81%
Liabilities 4.1B USD -8.24%
Accumulated Other Comprehensive Income (Loss), Net of Tax 33.4M USD -55.3%
Retained Earnings (Accumulated Deficit) -3.63B USD -27.1%
Stockholders' Equity Attributable to Parent -950M USD -420%
Liabilities and Equity 3.15B USD -26.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -90.3M USD -4653%
Net Cash Provided by (Used in) Financing Activities 188M USD
Net Cash Provided by (Used in) Investing Activities -11.1M USD +5.13%
Common Stock, Shares Authorized 1.5B shares 0%
Common Stock, Shares, Issued 231M shares +5.1%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 85.8M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 160M USD -43%
Interest Paid, Excluding Capitalized Interest, Operating Activities 53.3M USD +7.68%
Deferred Tax Assets, Valuation Allowance 66.1M USD +13%
Deferred Tax Assets, Gross 325M USD +1.37%
Operating Lease, Liability 141M USD -2.9%
Depreciation 154M USD -27.4%
Payments to Acquire Property, Plant, and Equipment 28.1M USD +132%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -816M USD +23%
Lessee, Operating Lease, Liability, to be Paid 156M USD -1.58%
Operating Lease, Liability, Current 55.8M USD -14.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 31.3M USD -33.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 73.8M USD +7.74%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) -24.4M USD -41%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15.3M USD +12.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 19.2M USD -2.54%
Deferred Tax Assets, Operating Loss Carryforwards 31.3M USD -44.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 63.6M USD +11.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13.8M USD +16%
Additional Paid in Capital 2.67B USD +1.85%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 155M USD -4.07%
Deferred Tax Assets, Net of Valuation Allowance 259M USD -1.22%
Share-based Payment Arrangement, Expense 61.3M USD -0.97%
Interest Expense 208M USD -3.21%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%