What is Rackspace Technology, Inc.'s expense?

Rackspace Technology, Inc. (RXT) reported expense of $4.6M in Q1 2026.

How has Rackspace Technology, Inc.'s expense changed year-over-year?

Rackspace Technology, Inc.'s expense decreased by 8.0% year-over-year, from $5M to $4.6M.

What does expense mean?

Expenses directly associated with securitization or asset-backed financing arrangements used to manage liquidity. This reflects the cost of utilizing specific financial structures to convert assets into cash.

Rackspace Technology, Inc. RXT Expense

Expense at other companies

Zions BancorporationZION

$59M-24.4%

ImmunityBio, Inc.IBRX

$13.87M+2.5%

Eastern Bankshares, Inc.EBC

$4.46M+451%

Regal RexnordRRX

$2.35M—

First BanCorpFBP

$58K-23.7%

Morgan StanleyMS

$771M+201%

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 rxt:SecuritizationOrAssetBackedFinancingArrangementFinancialAssetForWhichTransferIsAccountedAsSaleExpense.

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 expense?: Rackspace Technology, Inc. (RXT) reported expense of $4.6M in Q1 2026.
How has Rackspace Technology, Inc.'s expense changed year-over-year?: Rackspace Technology, Inc.'s expense decreased by 8.0% year-over-year, from $5M to $4.6M.
What does expense mean?: Expenses directly associated with securitization or asset-backed financing arrangements used to manage liquidity. This reflects the cost of utilizing specific financial structures to convert assets into cash.