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Rackspace Technology, Inc. RXT Accounts Receivable, Credit Loss Expense (Reversal)

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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$1.2B+318%
Enterprise value$4.35B+25.8%
P/S0.4×+0.3×

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:ProvisionForDoubtfulAccounts.

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)Six Months Ended June 30, 2025Six Months Ended June 30, 2026
Share-based compensation expense22.017.0
Gain on debt extinguishment(62.5)
Gain on investments, net(0.2)
Provision for bad debts and accrued customer credits2.63.3
Amortization of debt issuance costs and debt discount and premium3.03.1
Other operating activities1.8(4.9)
Changes in operating assets and liabilities:
Accounts receivable43.51.9

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s accounts receivable, credit loss expense (reversal)?
Rackspace Technology, Inc. (RXT) reported accounts receivable, credit loss expense (reversal) of $2.5M in Q2 2026.
How has Rackspace Technology, Inc.'s accounts receivable, credit loss expense (reversal) changed year-over-year?
Rackspace Technology, Inc.'s accounts receivable, credit loss expense (reversal) decreased by 3.8% year-over-year, from $2.6M to $2.5M.
What is the long-term trend for Rackspace Technology, Inc.'s accounts receivable, credit loss expense (reversal)?
Over 2 years (2022 to 2024), Rackspace Technology, Inc.'s accounts receivable, credit loss expense (reversal) has grown at a 25.4% compound annual growth rate (CAGR), from $12.4M to $19.5M.
What does accounts receivable, credit loss expense (reversal) mean?
Accounts Receivable, Credit Loss Expense (Reversal)

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