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Rackspace Technology, Inc. RXT State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax 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:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

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 state income taxes – net of federal income tax benefit?
Rackspace Technology, Inc. (RXT) reported state income taxes – net of federal income tax benefit of -4% in Q4 2025.
How has Rackspace Technology, Inc.'s state income taxes – net of federal income tax benefit changed year-over-year?
Rackspace Technology, Inc.'s state income taxes – net of federal income tax benefit decreased by 671.4% year-over-year, from 0.7% to -4%.
What does state income taxes – net of federal income tax benefit mean?
Quantifies the impact of state income taxes on the effective tax rate, adjusted for the federal tax deduction allowed for such payments. It serves as a measure of the tax efficiency of the company's domestic operational footprint.