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EBIT at other companies

International Business Machines logo
International Business MachinesIBM
$2.48B-20.2%
Cognizant logo
CognizantCTSH
$874M+7.0%
Equinix, Inc. logo
Equinix, Inc.EQIX
$665M+34.6%
DXC Technology logo
DXC TechnologyDXC
$225M+14.2%
Kyndryl Holdings logo
Kyndryl HoldingsKD
-$35M-132%
Accenture logo
AccentureACN

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.

The source filing: Rackspace Technology, Inc.’s 8-K, filed July 9, 2026. Open the filing →

Filed
Jul 9, 2026, 8:13 AM EDT
Accession
0001810019-26-000078

FAQ

What is Rackspace Technology, Inc.'s EBIT?
Rackspace Technology, Inc. (RXT) reported EBIT of -$53M in Q2 2026.
How has Rackspace Technology, Inc.'s EBIT changed year-over-year?
Rackspace Technology, Inc.'s EBIT decreased by 111.2% year-over-year, from -$25.1M to -$53M.
What is the long-term trend for Rackspace Technology, Inc.'s EBIT?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s EBIT has grown at a 151.9% compound annual growth rate (CAGR), from -$2.5M to -$100.7M.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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