8 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 0.2% per year over the past 5 years.
Operating margin has contracted, at -3.7% in the latest year.
Free cash flow has grown 239.8% per year over the past 5 years.
Financial health
Total debt ($2.7B) exceeds cash ($106M); net debt is $2.6B.
Total debt has grown slower than revenue (-4.0% vs -0.2% per year).
Operating income covered interest expense -1.2× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$2.7B
-$226M
18.9%
-3.7%
$91M
$2.7B
$106M
2024
$2.7B
-$858M
19.5%
-33.2%
-$71M
$2.8B
$144M
2023
$3.0B
-$838M
21.3%
-30.4%
$278M
$2.9B
$197M
2022
$3.1B
-$805M
27.4%
-21.7%
$166M
$3.3B
$228M
2021
$3.0B
-$218M
31.1%
-0.1%
$262M
$3.3B
$273M
2020
$2.7B
-$246M
36.4%
0.9%
$200000
$3.4B
$105M
2019
$2.4B
-$102M
41.5%
4.2%
$95M
$3.9B
$84M
2018
$2.5B
-$471M
41.1%
-9.7%
$136M
—
$254M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$678M
$8M
17.6%
-2.6%
-$9M
$2.7B
$94M
Dec '25
$683M
-$33M
17.6%
-0.5%
$56M
$2.7B
$106M
Sep '25
$671M
-$67M
19.4%
-5.1%
$43M
$2.8B
$100M
Jun '25
$666M
-$55M
19.4%
-3.8%
-$12M
$2.8B
$104M
Mar '25
$665M
-$72M
19.1%
-5.8%
$4M
$2.8B
$128M
Dec '24
$686M
-$56M
19.2%
-4.2%
$34M
$2.8B
$144M
Sep '24
$676M
-$187M
20.3%
-25.7%
$27M
$2.8B
$157M
Jun '24
$685M
$25M
19.2%
-7.9%
-$15M
$2.9B
$190M
Mar '24
$691M
-$641M
19.2%
-94.5%
-$118M
$3.0B
$283M
Dec '23
$720M
$28M
21.4%
-2.1%
$38M
$2.9B
$197M
Sep '23
$732M
-$227M
20.8%
-32.7%
$239M
$3.1B
$278M
Jun '23
$746M
-$27M
20.5%
-8.5%
$14M
$3.2B
$160M
Mar '23
$759M
-$612M
22.4%
-76.6%
-$14M
$3.3B
$174M
Dec '22
$787M
-$214M
25.4%
-28.9%
$13M
$3.3B
$228M
Sep '22
$788M
-$512M
26.3%
-60.5%
$52M
$3.3B
$249M
Jun '22
$772M
-$41M
29.0%
0.5%
$57M
$3.3B
$261M
Mar '22
$776M
-$39M
29.1%
2.7%
$45M
$3.3B
$269M
Dec '21
$777M
-$83M
30.1%
-3.4%
$38M
$3.3B
$273M
Sep '21
$763M
-$35M
30.4%
-0.4%
$81M
$3.3B
$260M
Jun '21
$744M
-$37M
31.7%
0.4%
$77M
$3.3B
$215M
Valuation over time
How the market has priced RXT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 0.1× (Mar '23) to 0.6× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is RXT growing its revenue and profit?
Over the past 5 years, Rackspace Technology, Inc.'s revenue has declined 0.2% per year. These are computed facts, not advice.
How much debt does RXT have?
As of FY2025, Rackspace Technology, Inc. reported $2.7B of total debt against $106M of cash; operating income covered interest expense -1.2×.
What is RXT's profit margin?
In FY2025, gross margin was 18.9%, operating margin -3.7%, and net margin -8.4%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.