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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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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 represents the net change in payments made in advance for goods or services to be received in future periods. Fluctuations in this balance reflect changes in the company's procurement strategy and the timing of operational cash outflows. Monitoring this helps investors understand the company's short-term liquidity position and upcoming expense recognition.