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Rackspace Technology, Inc.

RXT

Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company that designs, integrates, and operates complex technology stacks across public, private, and edge environments.

Market cap
$1.22B+303%
Net income-$182.5M+50.5%
EPS (diluted)-$0.74+53.5%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

August 11, 2026

Next report

Date not yet announced

Financials

Q2 2026

Income statement

See full
Operating income-$53.0M-111%
Net income-$91.0M-67.0%
EPS (diluted)-$0.36-56.5%

Competitors

Profile

Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company that designs, integrates, and operates complex technology stacks across public, private, and edge environments. The company serves as a trusted operating partner for regulated and mission-critical industries, providing the infrastructure and data foundations necessary to deploy AI and manage multi-cloud workloads. Their value proposition centers on reducing operational complexity and optimizing cloud costs through deep technical expertise and automated management platforms.

Competitive position

A leading hybrid cloud specialist positioned as an unbiased orchestrator between major hyperscalers and private infrastructure, differentiated by its 'Fanatical Experience' service model.

GeographiesNorth America, EMEA, APJ
Customer segmentsEnterprise, Mid-market, SME, Public Sector, Healthcare
Business modelManaged Services, Professional Services, Subscription, PaaS
SuppliersHyperscale cloud providers, Hardware OEMs, Software vendors, Data center facility providers
CustomersMultinational corporations, Healthcare providers, Financial services firms, Government agencies
Listed2020
Employees5.8K
CEOGajen Kandiah
FilingsSEC EDGAR

FAQ

What is Rackspace Technology, Inc.'s market cap?
Rackspace Technology, Inc. (RXT) has a market capitalization of $1.2B and trades on NASDAQ.
Who are Rackspace Technology, Inc.'s competitors?
Rackspace Technology, Inc.'s key competitors include IBM, Kyndryl, Equinix, and others. These companies compete in similar markets and product categories.
Who does Rackspace Technology, Inc. partner with?
Rackspace Technology, Inc.'s notable partners include Amazon Web Services, Microsoft Azure, Google Cloud, and others.
Where is Rackspace Technology, Inc. headquartered?
Rackspace Technology, Inc. is headquartered in United States of America and employs approximately 5,800 people. It has been publicly traded since 2020.