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Rackspace Technology, Inc. income statement

In fiscal 2025, Rackspace Technology, Inc. reported revenue of $2.69bn, down 1.9% on the year before, operating income of −$101m (a -3.7% margin) and net income of −$226m, or −$0.95 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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
Revenue2,4532,4382,7073,0103,1222,9572,7372,6862,702
Cost of revenue1,4461,4271,7232,0732,2652,3282,2042,1792,218
Gross profit1,0071,011984937857629533506484
Research and development7556372825444539—
Selling, general and administrative949912960907855767708607572
Operating income−23710225−3−679−899−909−101−88
Interest expense2813302682052092229883102
Income before tax−501−122−312−249−898−854−882−202−146
Income tax−30−20−66−31−93−17−232413
Net income−471−102−246−218−805−838−858−226−159
Diluted EPS−$2.85−$0.62−$1.37−$1.05−$3.81−$3.89−$3.82−$0.95−$0.65
Diluted shares (average)165m165m180m208m211m215m225m239m246m
EBITDA———243−458−691−7685168

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.