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Rackspace Technology, Inc. RXT Total Cost of Revenue

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Segments

By segment

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Public Cloud$353.9M+8.4%
Private Cloud$150.2M-4.5%

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:CostOfRevenue.

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, except per share data)Three Months Ended March 31, 2025Three Months Ended March 31, 2026
Revenue$665.4$678.1
Cost of revenue(538.5)(559.0)
Gross profit126.9119.1
Selling, general and administrative expenses(165.3)(136.9)
Loss from operations(38.4)(17.8)
Other income (expense):
Interest expense(19.4)(26.2)
Loss on investments, net(0.1)(0.1)

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is Rackspace Technology, Inc.'s total cost of revenue?
Rackspace Technology, Inc. (RXT) reported total cost of revenue of $559M in Q1 2026.
How has Rackspace Technology, Inc.'s total cost of revenue changed year-over-year?
Rackspace Technology, Inc.'s total cost of revenue increased by 3.8% year-over-year, from $538.5M to $559M.
What is the long-term trend for Rackspace Technology, Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), Rackspace Technology, Inc.'s total cost of revenue has grown at a 1.3% compound annual growth rate (CAGR), from $2.07B to $2.18B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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