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Rackspace Technology, Inc. RXT Private Cloud — Goodwill, Impaired, Accumulated Impairment Loss

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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$1.22B+323%
Enterprise value$4.37B+26.3%
P/S0.5×+0.3×

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:GoodwillImpairedAccumulatedImpairmentLoss.

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)Public CloudPrivate CloudTotal
Gross goodwill as of December 31, 2025$597.5$1,566.3$2,163.8
Less: impairment charges(454.6)(969.1)(1,423.7)
Goodwill, net as of December 31, 2025142.9597.2740.1
Foreign currency translation(0.5)(0.9)(1.4)
Goodwill, net as of June 30, 2026$142.4$596.3$738.7
Gross goodwill as of June 30, 2026$597.0$1,565.4$2,162.4
Less: accumulated impairment charges (1)(454.6)(969.1)(1,423.7)
Goodwill, net as of June 30, 2026$142.4$596.3$738.7

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s private cloud — goodwill, impaired, accumulated impairment loss?
Rackspace Technology, Inc. (RXT) reported private cloud — goodwill, impaired, accumulated impairment loss of $969.1M in Q2 2026.
How has Rackspace Technology, Inc.'s private cloud — goodwill, impaired, accumulated impairment loss changed year-over-year?
Rackspace Technology, Inc.'s private cloud — goodwill, impaired, accumulated impairment loss decreased by 0.0% year-over-year, from $969.1M to $969.1M.
What is the long-term trend for Rackspace Technology, Inc.'s private cloud — goodwill, impaired, accumulated impairment loss?
Over 2 years (2023 to 2025), Rackspace Technology, Inc.'s private cloud — goodwill, impaired, accumulated impairment loss has grown at a 24.4% compound annual growth rate (CAGR), from $2.5B to $3.88B.
What does private cloud — goodwill, impaired, accumulated impairment loss mean?
The cumulative total of all impairment charges recognized against goodwill specifically allocated to the Private Cloud segment over time. This figure indicates the historical erosion of the segment's acquisition-related intangible value due to changes in market conditions or business performance.

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