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

Other segment segments

Private Cloud
$57.9M-5.1%

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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-$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$1.81B-39.7%
Enterprise value$4.89B-6.3%
P/S0.7×-0.4×

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:OperatingIncomeLoss.

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 — operating income (loss)?
Rackspace Technology, Inc. (RXT) reported public cloud — operating income (loss) of $20.7M in Q1 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 19.7% year-over-year, from $17.3M to $20.7M.
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.