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Rackspace Technology, Inc. RXT Contract Liabilities, Non-Current

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Other financials

Income statement

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Revenue$670.1M+0.6%
Gross profit$114.8M-11.1%
Operating income-$33.2M-32.3%
Net income-$67.5M-23.9%
EPS (diluted)-$0.27-17.4%

Balance sheet

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Cash & equivalents$113.3M+7.2%
Total debt$3.3B-0.5%
Total equity-$1.3B-14.5%
Total assets$2.7B-5.2%

Cash flow

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Operating cash flow-$31.5M-475%
CapEx$16.8M-19.2%
Free cash flow-$48.3M-290%

Valuation

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Market cap$1.24B+333%
Enterprise value$4.39B+27.0%
P/S0.5×+0.4×

Profitability

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Gross margin17.9%-1.6pp
Operating margin-3.3%-1.3pp
Net margin-5.9%-2.1pp
FCF margin1.5%

Returns & leverage

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Return on equity-205.2%-222pp
Debt / equity117.7×+115×
Current ratio0.8×0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

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

Filed
Aug 10, 2026, 4:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001810019-26-000093
(In millions)Condensed Consolidated Balance Sheets AccountDecember 31, 2025June 30, 2026
Accounts receivable, netAccounts receivable, net (1)$266.5$278.7
Current portion of contract assetsOther current assets$3.8$6.0
Non-current portion of contract assetsOther non-current assets$3.5$3.0
Current portion of deferred revenueDeferred revenue$94.6$96.3
Non-current portion of deferred revenueOther non-current liabilities$2.6$3.3

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s contract liabilities, non-current?
Rackspace Technology, Inc. (RXT) reported contract liabilities, non-current of $3.3M in Q2 2026.
How has Rackspace Technology, Inc.'s contract liabilities, non-current changed year-over-year?
Rackspace Technology, Inc.'s contract liabilities, non-current increased by 22.2% year-over-year, from $2.7M to $3.3M.
What is the long-term trend for Rackspace Technology, Inc.'s contract liabilities, non-current?
Over 5 years (2020 to 2025), Rackspace Technology, Inc.'s contract liabilities, non-current has grown at a -28.8% compound annual growth rate (CAGR), from $14.2M to $2.6M.
What does contract liabilities, non-current mean?
Obligation to transfer goods or services for which payment has been received, expected to be satisfied beyond one year.

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