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Rackspace Technology, Inc. RXT Public Cloud — Foreign currency translation

Other segment segments

Private Cloud
-$900K-175%

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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-$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$1.7B-39.7%

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:GoodwillForeignCurrencyTranslationGainLoss.

The official record: Rackspace Technology, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rackspace Technology, Inc.'s public cloud — foreign currency translation?
Rackspace Technology, Inc. (RXT) reported public cloud — foreign currency translation of -$400K in Q1 2026.
How has Rackspace Technology, Inc.'s public cloud — foreign currency translation changed year-over-year?
Rackspace Technology, Inc.'s public cloud — foreign currency translation decreased by 200.0% year-over-year, from $400K to -$400K.
What does public cloud — foreign currency translation mean?
Reflects the impact of fluctuations in exchange rates on the financial results of the Public Cloud segment's international operations. This metric isolates the volatility caused by currency movements rather than operational performance. It helps stakeholders understand the segment's exposure to global market currency risks.