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Rackspace Technology, Inc. RXT Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

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$12.76M+23.2%
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EPAM SystemsEPAM
$16.06M+75.2%
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DigitalOceanDOCN

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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
Rackspace Technology, Inc. (RXT) reported increase (decrease) in prepaid expense and other assets of $34.5M in Q1 2026.
How has Rackspace Technology, Inc.'s increase (decrease) in prepaid expense and other assets changed year-over-year?
Rackspace Technology, Inc.'s increase (decrease) in prepaid expense and other assets increased by 161.4% year-over-year, from $13.2M to $34.5M.
What is the long-term trend for Rackspace Technology, Inc.'s increase (decrease) in prepaid expense and other assets?
Over 2 years (2022 to 2024), Rackspace Technology, Inc.'s increase (decrease) in prepaid expense and other assets has grown at a 21.6% compound annual growth rate (CAGR), from $7.1M to -$10.5M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.