What is Rackspace Technology, Inc.'s R&D?

Rackspace Technology, Inc. (RXT) reported R&D of $9.78M in Q4 2025.

How has Rackspace Technology, Inc.'s R&D changed year-over-year?

Rackspace Technology, Inc.'s R&D decreased by 13.9% year-over-year, from $11.35M to $9.78M.

What is the long-term trend for Rackspace Technology, Inc.'s R&D?

Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s R&D has grown at a 8.4% compound annual growth rate (CAGR), from $28.3M to $39.1M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Rackspace Technology, Inc. RXT R&D

R&D at other companies

International Business MachinesIBM

$2.17B+11.4%

AccentureACN

$204.33M-29.0%

Rigetti Computing, Inc.RGTI

$19.96M+29.1%

RubrikRBRK

$114.34M+39.8%

CelesticaCLS

$41.2M+134%

Hewlett Packard EnterpriseHPE

$922M+70.7%

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:ResearchAndDevelopmentExpense.

The official record: Rackspace Technology, Inc.’s 10-K, filed March 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rackspace Technology, Inc.'s R&D?: Rackspace Technology, Inc. (RXT) reported R&D of $9.78M in Q4 2025.
How has Rackspace Technology, Inc.'s R&D changed year-over-year?: Rackspace Technology, Inc.'s R&D decreased by 13.9% year-over-year, from $11.35M to $9.78M.
What is the long-term trend for Rackspace Technology, Inc.'s R&D?: Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s R&D has grown at a 8.4% compound annual growth rate (CAGR), from $28.3M to $39.1M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.