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Rackspace Technology, Inc. RXT Current State And Local Tax Expense Benefit

Current State And Local Tax Expense Benefit at other companies

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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:CurrentStateAndLocalTaxExpenseBenefit.

The official record: Rackspace Technology, Inc.’s 10-K, filed March 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rackspace Technology, Inc.'s current state and local tax expense benefit?
Rackspace Technology, Inc. (RXT) reported current state and local tax expense benefit of $400K in Q4 2025.
How has Rackspace Technology, Inc.'s current state and local tax expense benefit changed year-over-year?
Rackspace Technology, Inc.'s current state and local tax expense benefit increased by 433.3% year-over-year, from $75K to $400K.
What is the long-term trend for Rackspace Technology, Inc.'s current state and local tax expense benefit?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s current state and local tax expense benefit has grown at a -26.2% compound annual growth rate (CAGR), from $5.4M to $1.6M.
What does current state and local tax expense benefit mean?
The current income tax expense or benefit recognized at the state and local government levels. This reflects the impact of regional tax regulations on the company's overall profitability.