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Rackspace Technology, Inc. (RXT)

For the quarter ending 2025-06-30, RXT made $666,300K in revenue. -$52,300K in net income. Net profit margin of -7.85%.

Overview

Revenue
$666,300K
Net Income
-$52,300K
Net Profit Margin
-7.85%
EPS
-$0.23
Unit: Thousand (K) dollars

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue666,300 665,400 675,800 684,900
Cost of revenue537,100 538,500 538,300 553,500
Gross profit129,200 126,900 137,500 131,400
Impairment of goodwill- - 141,700 -
Impairment of assets, net- - - -
Selling, general and administrative expenses154,300 165,300 169,500 185,200
Loss from operations-25,100 -38,400 -173,700 -53,800
Other expense, net-3,800 -5,400 -1,000 -5,200
Interest expense21,300 19,400 18,000 18,400
Gain on debt extinguishment, net of debt modification costs- - 18,000 72,500
Gain on investments, net300 -100 100 -
Total other income (expense)-24,800 -24,900 -900 48,900
Loss before income taxes-49,900 -63,300 -174,600 -4,900
Benefit (provision) for income taxes4,600 8,200 12,000 -29,900
Net income (loss)-54,500 -71,500 -186,600 25,000
Amount reclassified from accumulated other comprehensive income (loss) to earnings8,700 8,500 11,000 11,100
Unrealized gain on derivative contracts1,500 -100 -11,100 4,500
Foreign currency translation adjustments9,400 3,600 4,300 -800
Other comprehensive income (loss)2,200 -5,000 -17,800 -7,400
Comprehensive income (loss)-52,300 -76,500 -204,400 17,600
Basic (in dollars per share)-0.23 -0.31 -0.82 0.11
Basic (in shares)238,000,000 231,900,000 226,400,000 224,500,000
Diluted (in dollars per share)-0.23 -0.31 -0.82 0.11
Diluted (in shares)238,000,000 231,900,000 226,400,000 229,600,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Foreign currencytranslation adjustments$9,400K (1275.00%↑ Y/Y)Unrealized gain onderivative contracts$1,500K (-66.67%↓ Y/Y)Comprehensive income (loss)-$52,300K (-397.16%↓ Y/Y)Other comprehensiveincome (loss)$2,200K (129.73%↑ Y/Y)Amount reclassifiedfrom accumulated...$8,700K (-21.62%↓ Y/Y)Net income (loss)-$54,500K (-318.00%↓ Y/Y)Loss before incometaxes-$49,900K (-918.37%↓ Y/Y)Benefit (provision) forincome taxes$4,600K (115.38%↑ Y/Y)Revenue$666,300K (-2.72%↓ Y/Y)Total other income(expense)-$24,800K (-150.72%↓ Y/Y)Loss from operations-$25,100K (53.35%↑ Y/Y)Gain on investments,net$300K Gross profit$129,200K (-1.67%↓ Y/Y)Cost of revenue$537,100K (-2.96%↓ Y/Y)Interest expense$21,300K (15.76%↑ Y/Y)Other expense, net-$3,800K (26.92%↑ Y/Y)Selling, general andadministrative expenses$154,300K (-16.68%↓ Y/Y)