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Gross Profit at other companies

International Business Machines logo
International Business MachinesIBM
$8.95B+11.4%
Equinix, Inc. logo
Equinix, Inc.EQIX
$1.26B+10.3%
Accenture logo
AccentureACN
$6.13B+5.3%
Kyndryl Holdings logo
Kyndryl HoldingsKD
$849M+2.9%
Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
$1.38M+212%
Cognizant logo
CognizantCTSH

Other financials

Income statement

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Revenue$678.1M+1.9%
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$1.81B-39.7%
Enterprise value$4.89B-6.3%
P/S0.7×-0.4×

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

Calculated from Rackspace Technology, Inc.’s reported figures.

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 gross profit?
Rackspace Technology, Inc. (RXT) reported gross profit of $119.1M in Q1 2026.
How has Rackspace Technology, Inc.'s gross profit changed year-over-year?
Rackspace Technology, Inc.'s gross profit decreased by 6.1% year-over-year, from $126.9M to $119.1M.
What is the long-term trend for Rackspace Technology, Inc.'s gross profit?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s gross profit has grown at a -14.3% compound annual growth rate (CAGR), from $936.8M to $506.4M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.