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Rackspace Technology, Inc. (RXT) is a technology company in the IT architecture deployment services industry, based in San Antonio, United States, with about 5,000 full-time employees.
It reported revenue of $2.69 billion for fiscal year 2025, down 1.9% from fiscal year 2024, and net income of -$225.80 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $670.10 million, up 0.6% from a year before. Its largest business segment, Public Cloud, brought in 63% of segment revenue in fiscal year 2025; United States was the largest region with 66%. Its market capitalization was $994.00 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Rackspace Technology, Inc. operates as a hybrid cloud and artificial intelligence solutions company in the United States, the United Kingdom, and internationally. It operates through two segments, Public Cloud and Private Cloud.
Rackspace Technology reported $2.69 billion in revenue for fiscal year 2025, down 1.9% from $2.74 billion in fiscal year 2024. In Q2 2026 revenue was $670.10 million.
Public Cloud, with $1.70 billion or 63% of segment revenue in fiscal year 2025. Next: Private Cloud (37%).
United States: 66% of revenue by region in fiscal year 2025, followed by Other Foreign Countries (20%).
$994.00 million as of October 9, 2026.