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Rackspace Technology, Inc. RXT Prepaid & Other Current

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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 us-gaap:PrepaidExpenseCurrent.

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
Current assets:
Cash and cash equivalents$105.8$110.6
Accounts receivable, net of allowance for credit losses and accrued customer credits of $12.2 and $12.4, respectively266.5278.7
Prepaid expenses84.496.0
Other current assets61.170.6
Total current assets517.8555.9
Property, equipment and software, net596.3574.6
Goodwill, net740.1738.7

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s prepaid & other current?
Rackspace Technology, Inc. (RXT) reported prepaid & other current of $96M in Q2 2026.
How has Rackspace Technology, Inc.'s prepaid & other current changed year-over-year?
Rackspace Technology, Inc.'s prepaid & other current decreased by 13.8% year-over-year, from $111.4M to $96M.
What is the long-term trend for Rackspace Technology, Inc.'s prepaid & other current?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s prepaid & other current has grown at a -0.4% compound annual growth rate (CAGR), from $390.9M to $384.9M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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