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Contract Assets at other companies

International Business Machines logo
International Business MachinesIBM
$551M+18.5%
Equinix, Inc. logo
Equinix, Inc.EQIX
Rubrik logo
RubrikRBRK
Celestica logo
CelesticaCLS

Other financials

Income statement

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Revenue$678.1M+1.9%
Gross profit$119.1M-6.1%
Operating income-$17.8M+53.6%
Net income$8.3M+112%
EPS (diluted)$0.03+110%

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$1.7B-39.7%

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:ContractWithCustomerAssetNetCurrent.

The official record: Rackspace Technology, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rackspace Technology, Inc.'s contract assets?
Rackspace Technology, Inc. (RXT) reported contract assets of $5.3M in Q1 2026.
How has Rackspace Technology, Inc.'s contract assets changed year-over-year?
Rackspace Technology, Inc.'s contract assets increased by 6.0% year-over-year, from $5M to $5.3M.
What is the long-term trend for Rackspace Technology, Inc.'s contract assets?
Over 5 years (2020 to 2025), Rackspace Technology, Inc.'s contract assets has grown at a -20.8% compound annual growth rate (CAGR), from $12.2M to $3.8M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.