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Rackspace Technology, Inc. RXT Private Cloud — Total depreciation expense

Other segment segments

Corporate functions
$5M-2.0%
Public Cloud
$1.8M+5.9%

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Other financials

Income statement

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Revenue$678.1M+1.9%
Gross profit$119.1M-6.1%
Operating income-$53.0M-111%
Net income-$91.0M-67.0%
EPS (diluted)-$0.36-56.5%

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$1.22B+323%
Enterprise value$4.31B-6.3%

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:Depreciation.

The source filing: Rackspace Technology, Inc.’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001810019-26-000044
(In millions)Three Months Ended March 31, 2025Three Months Ended March 31, 2026
Public Cloud$1.7$1.8
Private Cloud29.733.8
Corporate functions5.15.0
Total depreciation expense$36.5$40.6

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s private cloud — total depreciation expense?
Rackspace Technology, Inc. (RXT) reported private cloud — total depreciation expense of $33.8M in Q1 2026.
How has Rackspace Technology, Inc.'s private cloud — total depreciation expense changed year-over-year?
Rackspace Technology, Inc.'s private cloud — total depreciation expense increased by 13.8% year-over-year, from $29.7M to $33.8M.
What is the long-term trend for Rackspace Technology, Inc.'s private cloud — total depreciation expense?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s private cloud — total depreciation expense has grown at a -10.1% compound annual growth rate (CAGR), from $189.9M to $124.1M.
What does private cloud — total depreciation expense mean?
The periodic allocation of the cost of tangible assets, such as servers and data center equipment, used within the Private Cloud segment. This non-cash expense reflects the wear and tear or obsolescence of the capital-intensive infrastructure required to support the segment's operations.

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