undamentalytics Newsletter
Sign in

Rackspace Technology, Inc. balance sheet

At the end of fiscal 2025, Rackspace Technology, Inc. had total assets of $2.80bn, total liabilities of $4.02bn and shareholders' equity of −$1.22bn. It held $106m in cash against $2.75bn of debt: net debt of $2.64bn.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents25484105273228197144106111
Receivables—350483554622340299267279
Total current assets—5447599901,073738619518556
Goodwill2,4752,7462,7612,7072,1551,452736740739
Total assets—6,2726,3786,3295,4574,0963,0542,8002,745
Deferred revenue (current)—6777998179849596
Total current liabilities—672742837857800767767736
Short-term debt—2943232323292725
Long-term debt—3,8443,3193,3113,2952,8402,7562,7192,762
Total debt03,9453,4113,3833,3602,8932,7862,7462,787
Total liabilities—5,3744,9945,0014,8274,2514,0584,0194,026
Shareholders' equity9088991,3841,327630−155−1,004−1,220−1,281
Net debt (negative = net cash)−2543,8613,3063,1103,1312,6962,6422,6402,676
Shares outstanding—165m202m211m213m217m229m245m252m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: NET vs RXTRXT vs VRSNAKAM vs RXTGDDY vs RXT

More: Internet Services & Infrastructure stocks compared, Technology sector, rankings of US companies

Figures from Rackspace Technology, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Rackspace Technology, Inc.