Cloudflare vs Rackspace Technology
Rackspace Technology is the larger business, with $2.69bn of revenue in fiscal 2025 against $2.17bn for Cloudflare (1.2 times as much). Cloudflare grew faster (29.8% against -1.9%). Cloudflare kept more of each dollar of sales as profit: a net margin of -4.7% against -8.4%.
| Latest fiscal year | CloudflareNET, 2025 | Rackspace TechnologyRXT, 2025 |
|---|---|---|
| Revenue | $2.17bn | $2.69bn |
| Revenue growth | 29.8% | -1.9% |
| Net income | −$102m | −$226m |
| Operating margin | -9.6% | -3.7% |
| Net margin | -4.7% | -8.4% |
| Return on equity | -8.2% | — |
| Free cash flow | $287m | $90.6m |
| Cash | $944m | $106m |
| Total debt | $3.27bn | $2.75bn |
| Debt to equity | 223.8% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | — |
| Employees | 5,156 | — |
| Market value | $96.96bn | $651m |
| Price vs our value range | — | — |
| Moat score | 42 (Weak) | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 835 sales | 0 buys, 19 sales |