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Rackspace Technology, Inc. RXT Accounts Receivable

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Other financials

Income statement

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Revenue$678.1M+1.9%
Gross profit$119.1M-6.1%
Operating income-$53.0M-111%
Net income-$91.0M-67.0%
EPS (diluted)-$0.36-56.5%

Balance sheet

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Cash & equivalents$96.0M-26.8%
Total debt$3.2B-3.1%
Total equity-$1.2B-13.4%
Total assets$2.8B-6.8%

Cash flow

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Operating cash flow$5.1M-59.5%
CapEx$14.5M+74.7%
Free cash flow-$9.4M-319%

Valuation

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Market cap$1.22B+323%
Enterprise value$4.31B-6.3%

Profitability

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Gross margin18.5%-1.0pp
Operating margin-3%-1.2pp
Net margin-5.4%-1.8pp
FCF margin2.8%

Returns & leverage

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Return on equity-205.2%-222pp
Debt / equity117.7×+115×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Rackspace Technology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableNetCurrent.

The source filing: Rackspace Technology, Inc.’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001810019-26-000044
(In millions, except per share data)December 31,2025March 31,2026
ASSETS
Current assets:
Cash and cash equivalents$105.8$93.6
Accounts receivable, net of allowance for credit losses and accrued customer credits of $12.2 and $10.7, respectively266.5265.8
Prepaid expenses84.4129.3
Other current assets61.146.4
Total current assets517.8535.1
Property, equipment and software, net596.3587.1

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s accounts receivable?
Rackspace Technology, Inc. (RXT) reported accounts receivable of $265.8M in Q1 2026.
How has Rackspace Technology, Inc.'s accounts receivable changed year-over-year?
Rackspace Technology, Inc.'s accounts receivable decreased by 1.2% year-over-year, from $269M to $265.8M.
What is the long-term trend for Rackspace Technology, Inc.'s accounts receivable?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s accounts receivable has grown at a -15.4% compound annual growth rate (CAGR), from $2.08B to $1.06B.
What does accounts receivable mean?
Amounts owed by customers for goods delivered or services performed, net of allowances for doubtful accounts. A key working capital component.

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