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Rackspace Technology, Inc. RXT Public Cloud — Total depreciation expense

Other segment segments

Private Cloud
$33.8M+13.8%
Corporate functions
$5M-2.0%

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NTAPPublic Cloud — Gross Profit Excluding Unallocated Cost Of Revenues
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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:Depreciation.

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 — total depreciation expense?
Rackspace Technology, Inc. (RXT) reported public cloud — total depreciation expense of $1.8M in Q1 2026.
How has Rackspace Technology, Inc.'s public cloud — total depreciation expense changed year-over-year?
Rackspace Technology, Inc.'s public cloud — total depreciation expense increased by 5.9% year-over-year, from $1.7M to $1.8M.
What is the long-term trend for Rackspace Technology, Inc.'s public cloud — total depreciation expense?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s public cloud — total depreciation expense has grown at a -4.8% compound annual growth rate (CAGR), from $8.4M to $6.9M.
What does public cloud — total depreciation expense mean?
The periodic allocation of the cost of tangible assets, such as servers and networking equipment, used within the Public Cloud segment. This non-cash expense reflects the wear and tear of infrastructure required to support cloud operations. It is a vital metric for understanding the capital intensity and asset lifecycle management of the cloud business.