---
title: "Rackspace Technology Inc. Metrics Guide"
description: "Rackspace Technology Inc. revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios explained."
canonical: https://www.getswoopr.com/stocks/companies/rackspace-technology-inc/financial-metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Rackspace Technology Inc. Financial Metrics Guide

## Direct Answer

> Rackspace Technology Inc. reported revenue of $2.7 billion for the fiscal year ended December 31, 2025, with an operating margin of -3.7% and net income of -$226 million, according to its SEC filings. Revenue fell 1.9% from the prior year.

## What Are Rackspace Technology Inc.'s Key Financial Figures?

| Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $2.7 billion | $2.7 billion | $3.0 billion | $3.1 billion |
| Operating income | -$101 million | -$909 million | -$899 million | -$679 million |
| Operating margin | -3.7% | -33.2% | -30.4% | -21.7% |
| Net income | -$226 million | -$858 million | -$838 million | -$805 million |
| Net margin | -8.4% | -31.4% | -28.3% | -25.8% |
| Operating cash flow | $151 million | $40 million | $375 million | $247 million |
| Capital expenditures | $61 million | $111 million | $97 million | $80 million |
| Free cash flow | $91 million | -$71 million | $278 million | $166 million |

Operating margin widened by 29.5 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $91 million against net income of -$226 million; cash generation covered reported earnings.

![Bar chart of Rackspace Technology Inc. revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $2.7 billion, operating income negative $101 million and net income negative $226 million.](https://www.getswoopr.com/images/charts/rackspace-technology-inc-metrics-revenue-profit.webp)
*Rackspace Technology Inc. revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of Rackspace Technology Inc. operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was -3.7% and net margin was -8.4%.](https://www.getswoopr.com/images/charts/rackspace-technology-inc-metrics-margins.webp)
*Rackspace Technology Inc. operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of Rackspace Technology Inc. operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $151 million, capital expenditures was $61 million, free cash flow was $91 million.](https://www.getswoopr.com/images/charts/rackspace-technology-inc-metrics-cash-flow.webp)
*Rackspace Technology Inc. operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does Rackspace Technology Inc.'s Balance Sheet Show?

| Cash and cash equivalents | $106 million |
| --- | --- |
| Long-term debt | $2.7 billion |
| Total assets | $2.8 billion |
| Total liabilities | $4.0 billion |
| Shareholders' equity | -$1.2 billion |
| Current ratio | 0.7x |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value Rackspace Technology Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001810019-26-000015 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was Rackspace Technology Inc.'s revenue in fiscal 2025?

Rackspace Technology Inc. reported revenue of $2.7 billion for the fiscal year ended December 31, 2025, according to its SEC filings.

### What is Rackspace Technology Inc.'s operating margin?

Rackspace Technology Inc.'s operating margin was -3.7% in fiscal 2025: operating income of -$101 million on revenue of $2.7 billion.

### How much free cash flow did Rackspace Technology Inc. generate?

Operating cash flow of $151 million less capital expenditures of $61 million gives free cash flow of $91 million for fiscal 2025.

## References

- [SEC EDGAR: Rackspace Technology, Inc. Form 10-K filed March 6, 2026](https://www.sec.gov/Archives/edgar/data/1810019/000181001926000015/rxt-20251231.htm)
- [SEC EDGAR: Rackspace Technology, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1810019&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Rackspace Technology Inc. company dossier](https://www.getswoopr.com/stocks/companies/rackspace-technology-inc/)
- [Rackspace Technology Inc. financial metrics](https://www.getswoopr.com/stocks/companies/rackspace-technology-inc/financial-metrics/)
- [Rackspace Technology Inc. financial risk indicators](https://www.getswoopr.com/stocks/companies/rackspace-technology-inc/risks-monitoring/)
- [Rackspace Technology Inc. business model and revenue mix](https://www.getswoopr.com/stocks/companies/rackspace-technology-inc/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

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