Rackspace Technology, Inc.

RXT Technology Software Infrastructure

Rackspace Technology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, down 1.88% from fiscal 2024.

Revenue
+0.57%
EPS
−17.4%
Free cash flow
−289.5%
Total debt
−0.46%

Quarter to June 2026, against a year earlier

2.40 0.41 −14.59%
Market cap
$606.6M
P/E
0.0×
Fwd P/E
−3.7×
Dividend yield
—
F-score
4/9
Altman Z
−1.19
Beneish M
−3.12
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 4.61
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 1 5 — 1 3 — 1 5 — —
Insider Ownership 60.36%

Capital & Financial Ratios $m

Size
Market Cap 606.60
Revenue ttm 2,702.20
Net income ttm (159.00)
Free cash flow ttm 41.00
Net debt Q 3,020.40
Valuation
P/E 0.00
Forward P/E (3.68) (negative: loss-making)
Price / sales 0.22
Forward P/S Powerpack
Price / FCF 14.64
Price / book 0.00
Financial health
Current ratio Q 0.76 (below 1: weak)
Debt / equity Q (2.44) (negative: negative equity)
Interest coverage Q (0.97)
Growth
Revenue growth Q +0.57% (above 0%: growing)
Operating income growth Q −32.27% (below 0%: shrinking)
EPS, this year −49.70% (below 0%: weak)
EPS, next year A +150.43% (at or above 15%: strong)
Revenue, next year A −6.80% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 52.35%
10-year low 10-year high
EV/Sales against its own 10 years 54.33%
10-year low 10-year high
EV/FCF against its own 10 years 89.64%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 197 144 106 111
Receivables 340 299 267 279
Inventory — — — —
Other 114 91 61 71
738 619 518 556
2023 2024 2025 Q'26
Payables 433 390 414 395
ST’ Debt 37 46 41 35
Other 37 34 23 26
800 767 767 736

Compound Annual Growth %

10y 5y 3y
Sales — (0.16%) (4.90%)
Cash Flow — 5.34% (15.02%)
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.03 (0.27) — — —
’25 (0.31) (0.23) (0.28) (0.13) (0.95)
’24 (2.91) 0.11 (0.82) (0.26) (3.84)
’23 (2.87) (0.13) (1.05) 0.13 (3.89)
’22 (0.18) (0.19) (2.43) (1.01) (3.81)
’21 (0.31) (0.18) (0.17) (0.39) (1.05)
’20 (0.29) (0.20) (0.54) (0.32) (1.37)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 678 670 — — —
’25 665 666 671 683 2,686
’24 691 685 676 686 2,737
’23 759 746 732 720 2,957
’22 776 772 788 787 3,122
’21 726 744 763 777 3,010
’20 653 657 682 716 2,707
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 5 (31) — — —
’25 13 8 71 60 151
’24 (90) 24 52 54 40
’23 (2) 38 267 72 375
’22 65 84 71 28 247
’21 103 106 102 60 371
’20 25 74 34 (16) 117
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (9) (48) — — —
’25 4 (12) 43 56 91
’24 (118) (14) 27 34 (71)
’23 (14) 14 239 38 278
’22 45 57 52 13 166
’21 98 77 81 38 294
’20 (10) 42 3 (35) 0
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — 2,145 2,453 2,438 2,707 3,010 3,122 2,957 2,737 2,686 2,702 +2.8% 2,503 2,623 2,926 +2.9%
Gross margin, % — 36.88 41.06 41.47 36.36 31.13 27.44 21.26 19.49 18.86 17.92 (18.0) pt
EBT — (361) (500) (122) (312) (249) (898) (854) (881) (202) (146) (7.0%)
EBT margin, % — (16.83) (20.41) (5.02) (11.53) (8.28) (28.75) (28.89) (32.21) (7.51) (5.41) +9.3 pt
Net income — 0 (471) (102) (246) (218) (805) (838) (858) (226) (159) n/m
Per share, $
Per share, $ Revenue — 10.51 14.85 14.75 15.07 14.47 14.78 13.73 12.18 11.25 10.80 +0.9%
Earnings — (0.29) (2.85) (0.62) (1.37) (1.05) (3.81) (3.89) (3.84) (0.95) (0.65) +16.0%
Cash flow — 1.43 2.60 1.77 0.65 1.78 1.17 1.74 0.18 0.63 0.42 (9.7%)
Capex — 0.00 (1.78) (1.20) (0.65) (0.37) (0.38) (0.45) (0.49) (0.25) (0.25) n/m
Free cash flow — 1.43 0.82 0.57 0.00 1.41 0.79 1.29 (0.32) 0.38 0.16 (15.3%)
Book value — 0.00 0.00 5.44 7.70 6.38 2.98 (0.72) (4.47) (5.11) (5.12) n/m
Shares, m — 204 165 165 180 208 211 215 225 239 244 +2.0%
Valuation, ×
Valuation, × P/E — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — 1.07 1.07 1.07 1.26 0.93 0.20 0.14 0.18 0.09 0.22 0.7
P/B — 3.53 3.53 3.53 2.47 2.11 0.98 0.00 0.00 0.00 0.00 1.8
EV/Sales — 2.74 2.74 2.74 2.65 2.10 1.31 1.17 1.27 1.20 1.34 2.0
EV/FCF — 54.08 54.08 54.08 35,810.88 21.51 24.53 12.40 (48.98) 35.57 88.31 4,002.0
Cash, $m
Cash, $m Operating cash flow — 292 430 293 117 371 247 375 40 151 104 (7.9%)
Capex — (189) (294) (198) (116) (77) (80) (97) (111) (61) (63) (13.2%)
Free cash flow — 292 136 95 0 294 166 278 (71) 91 41 (13.6%)
Balance, $m
Balance, $m Working capital — — 48 (128) 16 152 217 (61) (148) (249) (180) n/m
Net debt — — 4,045 4,007 3,739 3,517 3,465 3,040 2,990 2,991 3,020 (4.2%)
Shareholders’ equity — — — 899 1,384 1,327 630 (154) (1,004) (1,219) (1,281) n/m
Returns, %
Returns, % ROA — 0.00 0.00 (3.26) (3.89) (3.44) (13.66) (17.54) (24.00) (7.71) (5.64) (7.7) pt
ROIC — — (3.67) 1.29 0.30 (0.03) (10.37) (19.48) (28.61) (3.55) (3.17) +0.1 pt
ROE — 0.00 (52.09) (11.32) (21.54) (16.10) (82.25) (352.76) 148.13 20.31 13.25 +20.3 pt
People
People Employees — — — — — 6,600 6,800 5,800 5,100 5,000 — (6.7%)
Revenue/emp, $m — 0.00 0.00 0.00 0.00 0.46 0.46 0.51 0.54 0.54 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Rackspace Technology, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
YEXT Yext $757.0M 33.1× 17.1× −1.76% (below 0%: shrinking) −40.91% (below 0%: shrinking) −1.86% (below 0%: shrinking) 75.46% 15.81% Compare
XNDU Xanadu Quantum Technologies Limited $724.5M — (loss-making) — — n/m — 91.53% (1,984.84%) Compare
SABR Sabre Corporation $678.0M 0.9× — (loss-making) +3.61% (above 0%: growing) n/m +104.05% (above 0%: growing) 32.37% 13.03% Compare
CCSI Consensus Cloud Solutions, Inc. $668.3M 7.2× 7.2× +4.15% (above 0%: growing) +39.25% (above 0%: growing) +25.12% (above 0%: growing) 79.98% 40.31% Compare
PRTH Priority Technology Holdings, Inc. $649.1M 15.7× 15.6× +11.26% (above 0%: growing) −55.88% (below 0%: shrinking) +309.22% (above 0%: growing) 38.24% 13.36% Compare
AEVA Aeva Technologies, Inc. $640.6M — (loss-making) — (loss-making) +11.34% (above 0%: growing) n/m −0.52% (below 0%: shrinking) 35.67% (563.23%) Compare
RXT Rackspace Technology, Inc. $606.6M — (loss-making) — (loss-making) +0.57% (above 0%: growing) n/m −289.52% (below 0%: shrinking) 17.13% (4.95%)
CGNT Cognyte Software Ltd. $597.4M — (loss-making) 59.4× +12.02% (above 0%: growing) +200.00% (above 0%: growing) +83.55% (above 0%: growing) 72.90% 4.27% Compare
HQ Horizon Quantum Holdings Ltd. $566.7M — (loss-making) — — n/m −372.27% (below 0%: shrinking) 100.00% 0.00% Compare
Median of peers $658.7M 11.5× 16.4× +7.71% −0.83% +25.12% 74.18% 8.65%

All 183 Software Infrastructure stocks →

Pay and ownership Proxy statement filed 30 April 2026

Ownership

Directors and executive officers, together 2.30%
Apollo Funds 52.00%
ABRY Partners, LLC and related entities 8.30%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Rackspace Technology, Inc. (RXT) Latest News

25 Oct

Impact 4 · · Simply Wall St.

20 Oct

stockrow.com/RXT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com