Rackspace Technology, Inc. (RXT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 535.1M | 517.8M | 540.9M | 548.4M | 581.8M | 618.8M | 648.7M | 696.3M | 788.3M | 738.1M | 845.1M | 913.5M | 969.6M | 1.07B | 1.03B | 1.01B | 1.01B | 989.5M | 950.2M | 885.2M |
| Cash & Short-Term Investments | 93.6M | 105.8M | 99.5M | 103.9M | 128M | 144M | 157.1M | 190.2M | 282.6M | 196.8M | 277.8M | 159.9M | 174.3M | 228.4M | 249.1M | 261.3M | 269.1M | 272.8M | 260M | 214.8M |
| Cash Only | 93.6M | 105.8M | 99.5M | 103.9M | 128M | 144M | 157.1M | 190.2M | 282.6M | 196.8M | 277.8M | 159.9M | 174.3M | 228.4M | 249.1M | 261.3M | 269.1M | 272.8M | 260M | 214.8M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 271.1M | 266.5M | 273.9M | 253.9M | 269M | 298.8M | 311.8M | 322.8M | 303.3M | 350.4M | 359.5M | 555.3M | 571.6M | 622.2M | 593.4M | 583.9M | 576.1M | 554.3M | 533.6M | 501.1M |
| Days Sales Outstanding | 35.68 | 36.41 | 36.17 | 35.71 | 38.4 | 40.97 | 43.2 | 41.59 | 43.06 | 45.37 | 57.46 | 68.7 | 70.81 | 71.05 | 68.76 | 68.35 | 65.59 | 64.38 | 62.42 | 60.55 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 93.3M | 90M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | 14.53 | 13.81 | - | - | - | - | - | - | - | - |
| Other Current Assets | 41.1M | 145.5M | 77.9M | 79.2M | 85.3M | 91.1M | 84.4M | 96.7M | 91.3M | 103.5M | 21.2M | 108.3M | 112.2M | 125.3M | 96.3M | 81.9M | 57M | 52.4M | 63.9M | 75.3M |
| Total Non-Current Assets | 2.23B | 2.28B | 2.3B | 2.35B | 2.38B | 2.44B | 2.5B | 2.7B | 2.73B | 3.36B | 3.44B | 3.75B | 3.79B | 4.38B | 4.65B | 5.19B | 5.3B | 5.34B | 5.44B | 5.53B |
| Property, Plant & Equipment | 720.1M | 740.9M | 718M | 724.8M | 732.1M | 735.6M | 755.7M | 756.6M | 736.8M | 735.1M | 741.6M | 779.2M | 777.4M | 766.3M | 845.8M | 900.3M | 948.3M | 988.5M | 1B | 1.04B |
| Fixed Asset Turnover | 0.93x | 0.94x | 0.93x | 0.91x | 0.91x | 0.92x | 0.89x | 0.92x | 0.94x | 0.97x | 0.96x | 0.96x | 0.98x | 0.98x | 0.90x | 0.84x | 0.80x | 0.78x | 0.74x | 0.72x |
| Goodwill | 738.8M | 740.1M | 739.7M | 741.1M | 737.3M | 735.7M | 739.7M | 877.7M | 877.7M | 1.45B | 1.45B | 1.62B | 1.61B | 2.16B | 2.27B | 2.69B | 2.71B | 2.71B | 2.76B | 2.77B |
| Intangible Assets | 667.1M | 698.3M | 732.7M | 770.2M | 807.5M | 844.7M | 883.4M | 921.5M | 960.2M | 1.02B | 1.06B | 1.16B | 1.2B | 1.24B | 1.29B | 1.38B | 1.42B | 1.47B | 1.51B | 1.55B |
| Long-Term Investments | 6.2M | 0 | 0 | 0 | 5.3M | 16M | 21M | 37.6M | 0 | 1.3M | 73.7M | 77.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 98.1M | 102.7M | 113.7M | 110.4M | 102.1M | 103.3M | 97.3M | 104M | 153M | -868.7M | 22.2M | 8.8M | 197.3M | 226.1M | 246.3M | 221.2M | 224.2M | 177.4M | 168.1M | 164.2M |
| Total Assets | 2.77B | 2.8B | 2.85B | 2.89B | 2.97B | 3.05B | 3.15B | 3.39B | 3.52B | 4.1B | 4.28B | 4.66B | 4.75B | 5.46B | 5.69B | 6.21B | 6.31B | 6.33B | 6.39B | 6.41B |
| Asset Turnover | 0.24x | 0.24x | 0.23x | 0.23x | 0.22x | 0.22x | 0.21x | 0.20x | 0.18x | 0.17x | 0.16x | 0.16x | 0.15x | 0.14x | 0.13x | 0.12x | 0.12x | 0.12x | 0.12x | 0.12x |
| Asset Growth % | -6.77% | -8.33% | -9.56% | -14.7% | -15.64% | -25.44% | -26.51% | -27.24% | -26.05% | -24.93% | -24.74% | -24.87% | -24.66% | -13.78% | -11.01% | -3.18% | -1.67% | -0.77% | -0.49% | 1.56% |
| Total Current Liabilities | 785.6M | 766.7M | 766.2M | 715.4M | 734.8M | 766.6M | 768.9M | 771.4M | 753.9M | 799.5M | 824.8M | 776.3M | 790.7M | 856.5M | 826.3M | 822.8M | 817.5M | 837.4M | 846.4M | 789.3M |
| Accounts Payable | 413.6M | 413.9M | 415.1M | 389.8M | 388.9M | 389.6M | 407.9M | 401.9M | 410.2M | 432.7M | 416.8M | 397M | 384.2M | 447.3M | 409.1M | 388M | 390.2M | 369.5M | 372M | 324.4M |
| Days Payables Outstanding | 63.08 | 61.7 | 63.97 | 61.65 | 60.83 | 66.23 | 69.2 | 66.76 | 68.73 | 69.09 | 64.5 | 59.92 | 63.52 | 67.09 | 63.16 | 64.59 | 62.21 | 62.82 | 60.35 | 57.96 |
| Short-Term Debt | 143.2M | 144M | 43M | 33.4M | 25.8M | 29.2M | 27.1M | 54M | 20.3M | 23M | 47.4M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M |
| Deferred Revenue (Current) | 130.4M | 94.6M | 73.1M | 68.4M | 75.8M | 84.2M | 68.8M | 72.5M | 78.7M | 78.8M | 81.6M | 73.5M | 101.3M | 80.9M | 88.3M | 106M | 111M | 98.6M | 91.5M | 93M |
| Other Current Liabilities | 28.3M | 114.2M | 47.7M | 107.6M | 116.8M | 130.8M | 134.4M | 108.3M | 105M | 57M | 53.8M | 58M | 103.4M | 130.6M | 129.5M | 120.5M | 102.3M | 145.7M | 149.3M | 144.5M |
| Current Ratio | 0.68x | 0.68x | 0.71x | 0.77x | 0.79x | 0.81x | 0.84x | 0.90x | 1.05x | 0.92x | 1.02x | 1.18x | 1.23x | 1.25x | 1.25x | 1.23x | 1.23x | 1.18x | 1.12x | 1.12x |
| Quick Ratio | 0.68x | 0.68x | 0.71x | 0.77x | 0.79x | 0.81x | 0.84x | 0.90x | 1.05x | 0.92x | 0.91x | 1.06x | 1.23x | 1.25x | 1.25x | 1.23x | 1.23x | 1.18x | 1.12x | 1.12x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | 7.49 | 22.59 | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.2B | 3.25B | 3.27B | 3.3B | 3.3B | 3.29B | 3.33B | 3.38B | 3.55B | 3.45B | 3.64B | 3.86B | 3.94B | 3.97B | 4.05B | 4.09B | 4.15B | 4.16B | 4.17B | 4.24B |
| Long-Term Debt | 2.68B | 2.72B | 2.74B | 2.77B | 2.76B | 2.76B | 2.78B | 2.82B | 2.97B | 2.84B | 3.01B | 3.17B | 3.27B | 3.3B | 3.3B | 3.3B | 3.31B | 3.31B | 3.31B | 3.32B |
| Capital Lease Obligations | 402.2M | 421.2M | 398.4M | 380.5M | 388.4M | 370.9M | 380.6M | 385.3M | 365.1M | 435M | 440.4M | 469.2M | 409.1M | 395.3M | 391.8M | 408.9M | 438.5M | 459.9M | 445.5M | 465.6M |
| Deferred Tax Liabilities | 35.1M | 34.7M | 25.3M | 23.8M | 26.5M | 30.2M | 26M | 35.6M | 59.3M | 79.2M | 91.8M | 113M | 105.8M | 126.7M | 187.2M | 204.6M | 222.9M | 205.8M | 208.5M | 219.1M |
| Other Non-Current Liabilities | 75M | 78M | 100.2M | 127.4M | 127.9M | 134.2M | 137.6M | 141.6M | 150.5M | 92.1M | 88.1M | 92.6M | 155.6M | 153.3M | 167.5M | 170.4M | 180.6M | 187.3M | 205.3M | 237.1M |
| Total Liabilities | 3.98B | 4.02B | 4.03B | 4.01B | 4.04B | 4.06B | 4.1B | 4.15B | 4.3B | 4.25B | 4.46B | 4.63B | 4.73B | 4.83B | 4.87B | 4.91B | 4.97B | 5B | 5.02B | 5.03B |
| Total Debt | 3.23B | 3.28B | 3.28B | 3.29B | 3.3B | 3.28B | 3.31B | 3.38B | 3.49B | 3.43B | 3.64B | 3.82B | 3.84B | 3.85B | 3.86B | 3.89B | 3.93B | 3.97B | 3.96B | 3.99B |
| Net Debt | 3.13B | 3.18B | 3.18B | 3.19B | 3.17B | 3.14B | 3.16B | 3.19B | 3.2B | 3.24B | 3.36B | 3.66B | 3.67B | 3.62B | 3.61B | 3.63B | 3.66B | 3.69B | 3.7B | 3.77B |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | 119.72x | 157.46x | 6.12x | 4.73x | 3.00x | 2.92x | 2.99x | 2.89x | 2.88x |
| Debt / EBITDA | 40.65x | 35.85x | 48.77x | 46.88x | 50.56x | 53.98x | - | 165.77x | - | 39.33x | - | 62.30x | - | - | - | 33.42x | 28.74x | 43.40x | 33.76x | 30.47x |
| Net Debt / EBITDA | 39.47x | 34.70x | 47.29x | 45.40x | 48.59x | 51.61x | - | 156.45x | - | 37.07x | - | 59.69x | - | - | - | 31.17x | 26.77x | 40.42x | 31.55x | 28.82x |
| Interest Coverage | -0.29x | 0.05x | -0.73x | -0.63x | -0.82x | -2.17x | -8.70x | 0.73x | -13.77x | 1.74x | -3.30x | 0.55x | -9.95x | -3.98x | -9.23x | -0.13x | 0.34x | -0.51x | -0.05x | 0.06x |
| Total Equity | -1.22B | -1.22B | -1.19B | -1.12B | -1.07B | -1B | -949.7M | -756.2M | -787.2M | -154.5M | -182.8M | 31.9M | 24.4M | 629.5M | 815.6M | 1.3B | 1.34B | 1.33B | 1.37B | 1.38B |
| Equity Growth % | -13.38% | -21.44% | -25.01% | -47.98% | -36.32% | -549.97% | -419.53% | -2470.53% | -3326.23% | -124.54% | -122.41% | -97.54% | -98.18% | -52.58% | -40.51% | -6.08% | -2.25% | -4.07% | -1.48% | 79.83% |
| Book Value per Share | -4.87 | -4.99 | -4.94 | -4.70 | -4.63 | -4.40 | -4.19 | -3.29 | -3.58 | -0.70 | -0.85 | 0.15 | 0.11 | 2.97 | 3.87 | 6.20 | 6.36 | 6.31 | 6.55 | 6.65 |
| Total Shareholders' Equity | -1.22B | -1.22B | -1.19B | -1.12B | -1.07B | -1B | -949.7M | -756.2M | -787.2M | -154.5M | -182.8M | 31.9M | 24.4M | 629.5M | 815.6M | 1.3B | 1.34B | 1.33B | 1.37B | 1.38B |
| Common Stock | 2.5M | 2.5M | 2.5M | 2.4M | 2.4M | 2.3M | 2.3M | 2.3M | 2.3M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.1M | 2.1M | 2.1M | 2.1M | 2.1M | 2.1M |
| Retained Earnings | -3.9B | -3.91B | -3.88B | -3.81B | -3.75B | -3.68B | -3.63B | -3.44B | -3.46B | -2.82B | -2.85B | -2.63B | -2.6B | -1.99B | -1.77B | -1.26B | -1.22B | -1.18B | -1.1B | -1.06B |
| Treasury Stock | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -31M | -4.1M | 0 | 0 | 0 |
| Accumulated OCI | -1.8M | 7.5M | 11.6M | 21.3M | 19.1M | 24.1M | 33.4M | 51.2M | 58.6M | 60.3M | 74.8M | 78.9M | 63.6M | 71.4M | 54.6M | 45.1M | 48.9M | 6.9M | -4.7M | -1M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |