Skip to content
Screener

Rackspace Technology, Inc. RXT Q4 2024 Annual earnings

Reported February 20, 2025 · After market close

Revenue$685.6MBeat by $10.8M
EPS-$0.02Beat by $0.02
Revenue estimate$674.9M
EPS estimate-$0.04

Next report

Aug 11, 2026 (Tomorrow)
Revenue estimate$646.0M
EPS estimate-$0.09

Financials

Q4 2024

Income statement

See full
Revenue$685.6M-4.7%
Gross profit$131.7M-14.5%
Operating income-$28.8M-89.5%
Net income-$56.0M—
EPS (diluted)-$0.23—

Balance sheet

See full
Cash & equivalents$147.0M-26.4%
Total debt$3.3B-3.0%
Total equity-$1.0B-550%
Total assets$3.1B-25.4%

Cash flow

See full
Operating cash flow$54.3M-24.8%
CapEx$19.9M-41.3%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$502.93M+16.1%
Enterprise value$3.62B+0.6%
P/S0.2×0.0×

Profitability

See full
Gross margin19.5%-1.8pp
Operating margin-33.2%+3.4pp
Net margin-31.4%+2.4pp

Returns & leverage

See full
Current ratio0.8×-0.1×

Segments

By segment

See full
Public Cloud$417.0M-3.9%
Private Cloud$268.6M-6.0%

FAQ

When did Rackspace Technology, Inc. report Q4 2024 earnings?
Rackspace Technology, Inc. (RXT) reported Q4 2024 earnings on February 20, 2025 after market close.
What were Rackspace Technology, Inc.'s Q4 2024 revenue and EPS?
Rackspace Technology, Inc. reported revenue of $685.6M and eps of $-0.02 for Q4 2024.
Did Rackspace Technology, Inc. beat estimates in Q4 2024?
Revenue beat the consensus estimate of $674.9M by $10.8M. EPS beat the consensus estimate of $-0.04 by $0.02.
Where can I find Rackspace Technology, Inc.'s Q4 2024 SEC filings?
You can read the 8-K earnings release (0001810019-25-000013) and the 10-K periodic report (0001810019-25-000043) directly on SEC EDGAR. The filing index links above go to sec.gov.