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Rackspace Technology, Inc. RXT Financing obligations

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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$1.24B+333%
Enterprise value$4.39B+27.0%
P/S0.5×+0.4×

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 rxt:FinancingObligationsNoncurrent.

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, except per share data)December 31,2025June 30,2026
Debt2,718.72,761.9
Operating lease liabilities84.266.6
Finance lease liabilities297.7297.0
Financing obligations39.337.2
Deferred income taxes34.747.0
Other non-current liabilities78.081.2
Total liabilities4,019.34,026.4
Commitments and Contingencies (Note 8)

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s financing obligations?
Rackspace Technology, Inc. (RXT) reported financing obligations of $37.2M in Q2 2026.
How has Rackspace Technology, Inc.'s financing obligations changed year-over-year?
Rackspace Technology, Inc.'s financing obligations increased by 23.2% year-over-year, from $30.2M to $37.2M.
What is the long-term trend for Rackspace Technology, Inc.'s financing obligations?
Over 5 years (2020 to 2025), Rackspace Technology, Inc.'s financing obligations has grown at a -11.9% compound annual growth rate (CAGR), from $74.1M to $39.3M.
What does financing obligations mean?
This metric captures the long-term portion of financing obligations that are due beyond the next twelve months. It encompasses the non-current liabilities associated with long-term capital leases or financing agreements used to support the company's multi-cloud and colocation service delivery models. Investors use this figure to evaluate the company's long-term leverage profile and the extent of its reliance on external financing for infrastructure expansion.

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