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Rackspace Technology, Inc. RXT Public Cloud — Gross goodwill

Other segment segments

Private Cloud
$1.57B+0.1%

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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:GoodwillGross.

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)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(0.4)(0.9)(1.3)
Goodwill, net as of March 31, 2026$142.5$596.3$738.8
Gross goodwill as of March 31, 2026$597.1$1,565.4$2,162.5
Less: accumulated impairment charges (1)(454.6)(969.1)(1,423.7)
Goodwill, net as of March 31, 2026$142.5$596.3$738.8

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s public cloud — gross goodwill?
Rackspace Technology, Inc. (RXT) reported public cloud — gross goodwill of $597.1M in Q1 2026.
How has Rackspace Technology, Inc.'s public cloud — gross goodwill changed year-over-year?
Rackspace Technology, Inc.'s public cloud — gross goodwill increased by 0.1% year-over-year, from $596.6M to $597.1M.
What is the long-term trend for Rackspace Technology, Inc.'s public cloud — gross goodwill?
Over 2 years (2023 to 2025), Rackspace Technology, Inc.'s public cloud — gross goodwill has grown at a 0.1% compound annual growth rate (CAGR), from $2.39B to $2.39B.
What does public cloud — gross goodwill mean?
Represents the total historical cost of goodwill associated with the Public Cloud business segment prior to any impairment charges. This figure reflects the premium paid over the fair value of net identifiable assets during acquisitions within this specific segment. It serves as a baseline for assessing the long-term value of acquired cloud service capabilities.

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