What Are Rackspace Technology Inc.'s Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended 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.
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.