RXT
Rackspace Technology, Inc.1.0700
+0.0100+0.94%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
260.64MP/E (TTM)
-Basic EPS (TTM)
-1.05Dividend Yield
0%Recent Filings
10-K
FY2025 results
Rackspace Technology posted FY2025 revenue of $2.69B, down 2% y/y (derived), with Private Cloud off 7% from legacy platform exits while Public Cloud edged up 1% on services strength. Q4 momentum showed sequential acceleration as Non-GAAP Operating Profit hit $126M, up 19% y/y, with Public Cloud margins expanding 140bps to 4% on cost efficiencies. Gross margins slipped to 19% amid revenue mix shift, but debt service fell to $150M or 53% of operating cash flow (derived). Free cash flow not disclosed in the 10-K. Yet Nasdaq delisting risk looms.
8-K
Q4 revenue flat, profit up
Rackspace Technology reported Q4 revenue of $683 million, down 0.4% year-over-year, with Public Cloud up 6% to $442 million while Private Cloud fell 10% to $241 million. Full-year revenue dipped 2% to $2,686 million, but non-GAAP operating profit rose 19% to $126 million amid no repeat impairments. Private Cloud growth resumes in 2026 outlook. Losses narrowed sharply.
10-Q
Q3 FY2025 results
Rackspace Technology posted Q3 revenue of $671M, down 0.7% y/y yet stable q/q, with gross profit at $130M (19.4% margin, down 100bps y/y). Operating loss narrowed sharply to $34M from $174M y/y, absent last year's $142M goodwill impairment, while segment profits held at $81M (Public Cloud $14M, Private Cloud $67M). Operating cash flow turned positive at $92M YTD (FCF not disclosed in the 10-Q), cash at $100M despite $2.5B debt and $65M drawn on $375M revolver (in covenant compliance). Losses stemmed from $21M interest and $4M other expense. Steady amid cloud competition.
8-K
Q3 revenue dips 1%, loss shrinks
Rackspace Technology reported Q3 revenue of $671M, down 1% year-over-year, with public cloud up 1% to $422M while private cloud fell 3% to $250M. Operating loss narrowed sharply to $(34)M from $(174)M, thanks to no goodwill impairment; non-GAAP operating profit held steady at $32M. Cash from operations hit $71M. Q4 guides revenue to $664-678M.
8-K
Leadership resignations hit Rackspace
Rackspace Technology lost two key leaders in late September 2025: Srinivas Koushik resigned as President of Technology, Sustainability, and AI on September 24, securing a pro-rata 2025 bonus for transition services and covenants. Director Vikram Mahidhar followed suit on September 30, tied to his Apollo exit, with no disputes flagged. These shifts test continuity in tech strategy. No interim plans disclosed.
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