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Rackspace Technology, Inc. RXT Public Cloud — Operating Income (Loss)

Other segment segments

Private Cloud
$57.5M-6.5%

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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$1.24B+333%
Enterprise value$4.39B+27.0%
P/S0.5×+0.4×

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:OperatingIncomeLoss.

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)Three Months Ended June 30, 2025Three Months Ended June 30, 2026Six Months Ended June 30, 2025Six Months Ended June 30, 2026
Third party infrastructure (1)(324.3)(322.3)(650.7)(676.2)
Other cost of revenue (2)(52.4)(45.2)(102.1)(95.4)
Other segment items (3)(23.7)(20.3)(45.9)(38.9)
Segment operating profit$16.2$19.0$33.5$39.7
Private Cloud
Revenue$249.7$263.3$499.5$498.0
Cost of revenue(157.7)(178.3)(314.9)(328.5)
Other segment items (3)(30.5)(27.5)(62.1)(54.1)

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s public cloud — operating income (loss)?
Rackspace Technology, Inc. (RXT) reported public cloud — operating income (loss) of $19M in Q2 2026.
How has Rackspace Technology, Inc.'s public cloud — operating income (loss) changed year-over-year?
Rackspace Technology, Inc.'s public cloud — operating income (loss) increased by 17.3% year-over-year, from $16.2M to $19M.
What is the long-term trend for Rackspace Technology, Inc.'s public cloud — operating income (loss)?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s public cloud — operating income (loss) has grown at a -13.4% compound annual growth rate (CAGR), from $120.1M to $67.6M.
What does public cloud — operating income (loss) mean?
Measures the profitability of the Public Cloud segment after deducting all direct operating expenses and allocated costs from segment revenue. This is the key performance indicator for the segment's operational health and its contribution to the company's overall bottom line. It demonstrates the segment's ability to generate sustainable returns from its cloud service offerings.

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