Rackspace Technology, Inc. (RXT) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 678.1M | 682.8M | 671.2M | 666.3M | 665.4M | 685.6M | 675.8M | 684.9M | 690.8M | 719.7M | 732.4M | 746.3M | 758.7M | 787M | 787.6M | 772.2M | 775.5M | 777.3M | 762.5M | 743.8M |
| Revenue Growth % | 1.91% | -0.41% | -0.68% | -2.72% | -3.68% | -4.74% | -7.73% | -8.23% | -8.95% | -8.55% | -7.01% | -3.35% | -2.17% | 1.25% | 3.29% | 3.82% | 6.83% | 8.53% | 11.85% | 13.3% |
| Cost of Goods Sold | 590.3M | 618.1M | 578.8M | 574.7M | 575.9M | 553.9M | 538.3M | 553.5M | 558M | 565.6M | 580.4M | 593.2M | 589.1M | 587.2M | 580.5M | 548.2M | 549.5M | 543M | 530.8M | 508.3M |
| COGS % of Revenue | 87.05% | 90.52% | 86.23% | 86.25% | 86.55% | 80.79% | 79.65% | 80.81% | 80.78% | 78.59% | 79.25% | 79.49% | 77.65% | 74.61% | 73.7% | 70.99% | 70.86% | 69.86% | 69.61% | 68.34% |
| Gross Profit | 87.8M | 64.7M | 92.4M | 91.6M | 89.5M | 131.7M | 137.5M | 131.4M | 132.8M | 154.1M | 152M | 153.1M | 169.6M | 199.8M | 207.1M | 224M | 226M | 234.3M | 231.7M | 235.5M |
| Gross Margin % | 12.95% | 9.48% | 13.77% | 13.75% | 13.45% | 19.21% | 20.35% | 19.19% | 19.22% | 21.41% | 20.75% | 20.51% | 22.35% | 25.39% | 26.3% | 29.01% | 29.14% | 30.14% | 30.39% | 31.66% |
| Gross Profit Growth % | -1.9% | -50.87% | -32.8% | -30.29% | -32.61% | -14.54% | -9.54% | -14.17% | -21.7% | -22.87% | -26.61% | -31.65% | -24.96% | -14.72% | -10.62% | -4.88% | -3.95% | -5.3% | -5.74% | -2.65% |
| Operating Expenses | 96.6M | 63.2M | 116.3M | 112.3M | 114.8M | 160.5M | 311.2M | 185.2M | 785.6M | 169.3M | 391.4M | 216.9M | 750.6M | 427M | 683.8M | 220M | 205.1M | 261M | 234.6M | 232.6M |
| OpEx % of Revenue | 14.25% | 9.26% | 17.33% | 16.85% | 17.25% | 23.41% | 46.05% | 27.04% | 113.72% | 23.52% | 53.44% | 29.06% | 98.93% | 54.26% | 86.82% | 28.49% | 26.45% | 33.58% | 30.77% | 31.27% |
| Selling, General & Admin | 96.6M | 63.2M | 116.3M | 112.3M | 114.8M | 160.5M | 169.5M | 185.2M | 192.4M | 165.5M | 177.3M | 216.9M | 207.5M | 210.3M | 219.9M | 220M | 205.1M | 208.6M | 234.6M | 232.6M |
| SG&A % of Revenue | 14.25% | 9.26% | 17.33% | 16.85% | 17.25% | 23.41% | 25.08% | 27.04% | 27.85% | 23% | 24.21% | 29.06% | 27.35% | 26.72% | 27.92% | 28.49% | 26.45% | 26.84% | 30.77% | 31.27% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | -8.8M | 1.5M | -23.9M | -20.7M | -25.3M | -28.8M | -173.7M | -53.8M | -652.8M | -15.2M | -239.4M | -63.8M | -581M | -227.2M | -476.7M | 4M | 20.9M | -26.7M | -2.9M | 2.9M |
| Operating Margin % | -1.3% | 0.22% | -3.56% | -3.11% | -3.8% | -4.2% | -25.7% | -7.86% | -94.5% | -2.11% | -32.69% | -8.55% | -76.58% | -28.87% | -60.53% | 0.52% | 2.7% | -3.44% | -0.38% | 0.39% |
| Operating Income Growth % | 65.22% | 105.21% | 86.24% | 61.52% | 96.12% | -89.47% | 27.44% | 15.67% | -12.36% | 93.31% | 49.78% | -1695% | -2879.9% | -750.94% | -16337.93% | 37.93% | -13.64% | -456.25% | 80.27% | -87.22% |
| EBITDA | 79.4M | 91.6M | 67.2M | 70.2M | 65.2M | 60.8M | -83.5M | 20.4M | -578M | 87.3M | -133.9M | 61.3M | -471.2M | -120M | -364.7M | 116.5M | 136.8M | 91.4M | 117.4M | 130.8M |
| EBITDA Margin % | 11.71% | 13.42% | 10.01% | 10.54% | 9.8% | 8.87% | -12.36% | 2.98% | -83.67% | 12.13% | -18.28% | 8.21% | -62.11% | -15.25% | -46.31% | 15.09% | 17.64% | 11.76% | 15.4% | 17.59% |
| EBITDA Growth % | 21.78% | 50.66% | 180.48% | 244.12% | 111.28% | -30.36% | 37.64% | -66.72% | -22.67% | 172.75% | 63.28% | -47.38% | -444.44% | -231.29% | -410.65% | -10.93% | -7.94% | -27.63% | 0.17% | -17.32% |
| D&A (Non-Cash Add-back) | 88.2M | 90.1M | 91.1M | 90.9M | 90.5M | 89.6M | 90.2M | 74.2M | 74.8M | 102.5M | 105.5M | 125.1M | 109.8M | 107.2M | 112M | 112.5M | 115.9M | 118.1M | 120.3M | 127.9M |
| EBIT | -8.8M | 1.5M | -23.9M | -20.7M | -25.3M | -38.8M | -156.6M | 13.5M | -601.6M | 88.4M | -186.6M | 31.4M | -566M | -221.5M | -482.8M | -6.7M | 17.2M | -26M | -2.8M | 3.1M |
| Net Interest Income | -30.2M | -31.2M | -32.8M | -32.7M | -30.8M | -17.9M | -18M | -18.4M | -43.7M | -50.9M | -56.5M | -57.3M | -56.9M | -55.6M | -52.3M | -50.5M | -50.1M | -50.5M | -51.5M | -50.5M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 30.2M | 31.2M | 32.8M | 32.7M | 30.8M | 17.9M | 18M | 18.4M | 43.7M | 50.9M | 56.5M | 57.3M | 56.9M | 55.6M | 52.3M | 50.5M | 50.1M | 50.5M | 51.5M | 50.5M |
| Other Income/Expense | 17M | -31.1M | -35.1M | -29.2M | -38M | -27.9M | -900K | 48.9M | 7.5M | 52.7M | -3.7M | 37.9M | -41.9M | -49.9M | -58.4M | -56.6M | -53.8M | -49.8M | -51.4M | -50.3M |
| Pretax Income | 8.2M | -29.6M | -59M | -49.9M | -63.3M | -56.7M | -174.6M | -4.9M | -645.3M | 37.5M | -243.1M | -25.9M | -622.9M | -277.1M | -535.1M | -52.6M | -32.9M | -76.5M | -54.3M | -47.4M |
| Pretax Margin % | 1.21% | -4.34% | -8.79% | -7.49% | -9.51% | -8.27% | -25.84% | -0.72% | -93.41% | 5.21% | -33.19% | -3.47% | -82.1% | -35.21% | -67.94% | -6.81% | -4.24% | -9.84% | -7.12% | -6.37% |
| Income Tax | -100K | 3.1M | 8.1M | 4.6M | 8.2M | -700K | 12M | -29.9M | -4.7M | 9.5M | -16.5M | 1.3M | -10.9M | -63.1M | -23.4M | -12M | 5.6M | 6.4M | -19.5M | -10.8M |
| Effective Tax Rate % | -1.22% | -10.47% | -13.73% | -9.22% | -12.95% | 1.23% | -6.87% | 610.2% | 0.73% | 25.33% | 6.79% | -5.02% | 1.75% | 22.77% | 4.37% | 22.81% | -17.02% | -8.37% | 35.91% | 22.78% |
| Net Income | 8.3M | -32.7M | -67.1M | -54.5M | -71.5M | -56M | -186.6M | 25M | -640.6M | 28M | -226.6M | -27.2M | -612M | -214M | -511.7M | -40.6M | -38.5M | -82.9M | -34.8M | -36.6M |
| Net Margin % | 1.22% | -4.79% | -10% | -8.18% | -10.75% | -8.17% | -27.61% | 3.65% | -92.73% | 3.89% | -30.94% | -3.64% | -80.66% | -27.19% | -64.97% | -5.26% | -4.96% | -10.67% | -4.56% | -4.92% |
| Net Income Growth % | 111.61% | 41.61% | 64.04% | -318% | 88.84% | -300% | 17.65% | 191.91% | -4.67% | 113.08% | 55.72% | 33% | -1489.61% | -158.14% | -1370.4% | -10.93% | 39.84% | -29.94% | 65.61% | -12.27% |
| Net Income (Continuing) | 8.3M | -32.7M | -67.1M | -54.5M | -71.5M | -56M | -186.6M | 25M | -640.6M | 28M | -226.6M | -27.2M | -612M | -214M | -511.7M | -40.6M | -38.5M | -82.9M | -34.8M | -36.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.03 | -0.13 | -0.28 | -0.23 | -0.31 | -0.25 | -0.82 | 0.11 | -2.91 | 0.13 | -1.05 | -0.13 | -2.87 | -1.01 | -2.43 | -0.19 | -0.18 | -0.39 | -0.17 | -0.18 |
| EPS Growth % | 110.71% | 48% | 65.85% | -309.09% | 89.35% | -292.31% | 21.9% | 184.62% | -1.39% | 112.87% | 56.79% | 31.58% | -1494.44% | -158.97% | -1329.41% | -5.56% | 41.94% | -21.88% | 68.52% | -12.5% |
| EPS (Basic) | 0.03 | -0.13 | -0.28 | -0.23 | -0.31 | -0.25 | -0.82 | 0.11 | -2.91 | 0.13 | -1.05 | -0.13 | -2.87 | -1.01 | -2.43 | -0.19 | -0.18 | -0.39 | -0.17 | -0.18 |
| Diluted Shares Outstanding | 249.7M | 244.2M | 240.4M | 238M | 231.9M | 228.1M | 226.4M | 229.6M | 219.8M | 219.6M | 216M | 215.1M | 213.2M | 211.6M | 210.8M | 209.5M | 211.4M | 210.3M | 209.3M | 207.9M |
| Basic Shares Outstanding | 246.3M | 244.2M | 240.4M | 238M | 231.9M | 228.1M | 226.4M | 224.5M | 219.8M | 216.6M | 216M | 215.1M | 213.2M | 211.6M | 210.8M | 209.5M | 211.4M | 210.05M | 209.3M | 203.33M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |