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Rackspace Technology, Inc. RXT Public Cloud — Goodwill, net

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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:Goodwill.

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 — goodwill, net?
Rackspace Technology, Inc. (RXT) reported public cloud — goodwill, net of $142.5M in Q1 2026.
How has Rackspace Technology, Inc.'s public cloud — goodwill, net changed year-over-year?
Rackspace Technology, Inc.'s public cloud — goodwill, net increased by 0.4% year-over-year, from $142M to $142.5M.
What is the long-term trend for Rackspace Technology, Inc.'s public cloud — goodwill, net?
Over 2 years (2023 to 2025), Rackspace Technology, Inc.'s public cloud — goodwill, net has grown at a -51.1% compound annual growth rate (CAGR), from $2.39B to $570.8M.
What does public cloud — goodwill, net mean?
The carrying value of goodwill for the Public Cloud segment after accounting for all historical impairment losses. It represents the remaining intangible value attributed to acquisitions that has not yet been written off. Investors monitor this to assess the risk of future impairment charges impacting the balance sheet.