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Rackspace Technology, Inc. RXT Tax expense on reclassification of realized net derivative loss to net income

Tax expense on reclassification of realized net derivative loss to net income at other companies

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AshlandASH
$0-100%
Rackspace Technology, Inc. logo
Rackspace Technology, Inc.RXT
$1.5M-48.3%
TFX
TeleflexTFX
$31K+34.8%
Payoneer Global Inc. logo
Payoneer Global Inc.PAYO
-$446K-36.4%
NWN
Northwest NaturalNWN
-$6K-113%
TFX
TeleflexTFX
$40K+135%

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$1.81B-39.7%
Enterprise value$4.89B-6.3%
P/S0.7×-0.4×

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:OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax.

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 tax expense on reclassification of realized net derivative loss to net income?
Rackspace Technology, Inc. (RXT) reported tax expense on reclassification of realized net derivative loss to net income of $1.5M in Q1 2026.
How has Rackspace Technology, Inc.'s tax expense on reclassification of realized net derivative loss to net income changed year-over-year?
Rackspace Technology, Inc.'s tax expense on reclassification of realized net derivative loss to net income decreased by 48.3% year-over-year, from $2.9M to $1.5M.
What is the long-term trend for Rackspace Technology, Inc.'s tax expense on reclassification of realized net derivative loss to net income?
Over 3 years (2021 to 2025), Rackspace Technology, Inc.'s tax expense on reclassification of realized net derivative loss to net income has grown at a 22.4% compound annual growth rate (CAGR), from -$6M to $11M.
What does tax expense on reclassification of realized net derivative loss to net income mean?
Measures the tax expense or benefit recognized when realized gains or losses from derivative hedges are reclassified from accumulated other comprehensive income into net income. This reflects the tax consequence of the final settlement of hedging instruments. It is a key indicator of the tax efficiency of the company's hedging program.