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Rackspace Technology, Inc. RXT Indefinite- lived intangible impairment

Indefinite- lived intangible impairment 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:IntangibleAssetsGrossExcludingGoodwill.

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 indefinite- lived intangible impairment?
Rackspace Technology, Inc. (RXT) reported indefinite- lived intangible impairment of $2.1B in Q1 2026.
How has Rackspace Technology, Inc.'s indefinite- lived intangible impairment changed year-over-year?
Rackspace Technology, Inc.'s indefinite- lived intangible impairment increased by 0.1% year-over-year, from $2.1B to $2.1B.
What is the long-term trend for Rackspace Technology, Inc.'s indefinite- lived intangible impairment?
Over 5 years (2020 to 2025), Rackspace Technology, Inc.'s indefinite- lived intangible impairment has grown at a -1.8% compound annual growth rate (CAGR), from $2.3B to $2.1B.