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Rackspace Technology, Inc. RXT Private Cloud — Cost of Revenue

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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:CostOfRevenue.

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)Three Months Ended June 30, 2025Three Months Ended June 30, 2026Six Months Ended June 30, 2025Six Months Ended June 30, 2026
Segment operating profit$16.2$19.0$33.5$39.7
Private Cloud
Revenue$249.7$263.3$499.5$498.0
Cost of revenue(157.7)(178.3)(314.9)(328.5)
Other segment items (3)(30.5)(27.5)(62.1)(54.1)
Segment operating profit$61.5$57.5$122.5$115.4
Total Consolidated
Revenue$666.3$670.1$1,331.7$1,348.2

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s private cloud — cost of revenue?
Rackspace Technology, Inc. (RXT) reported private cloud — cost of revenue of $178.3M in Q2 2026.
How has Rackspace Technology, Inc.'s private cloud — cost of revenue changed year-over-year?
Rackspace Technology, Inc.'s private cloud — cost of revenue increased by 13.1% year-over-year, from $157.7M to $178.3M.
What is the long-term trend for Rackspace Technology, Inc.'s private cloud — cost of revenue?
Over 3 years (2022 to 2025), Rackspace Technology, Inc.'s private cloud — cost of revenue has grown at a -6.3% compound annual growth rate (CAGR), from $758.6M to $624.3M.
What does private cloud — cost of revenue mean?
The direct costs associated with delivering Private Cloud services, including infrastructure maintenance, data center operations, and technical support personnel. Monitoring this metric helps assess the segment's operational efficiency and the direct profitability of its service delivery model.

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