Rackspace Technology, Inc. balance sheet RXT

Annual Quarterly

As of Jun 30, 2026, Rackspace Technology, Inc. had total assets of $2.7 billion and total liabilities of $4.0 billion. Total assets were down 5.2% from a year earlier. Stockholders' equity was negative, at -$1.3 billion, because liabilities exceed assets. It held $110.6 million in cash and investments against $3.3 billion of total debt, net debt of $3.2 billion. The current ratio, current assets divided by current liabilities, was 0.76.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
Assets
Cash
111
+6.4%
106
-26.5%
144
-26.8%
197
-13.8%
228
-16.3%
273
+160.6%
105
Cash and investments
111
+6.4%
106
-26.5%
144
-26.8%
197
-13.8%
228
-16.3%
273
+160.6%
105
Receivables
279
+9.8%
266
-10.8%
299
-12.0%
340
-45.4%
622
+12.2%
554
+14.8%
483
Total current assets
556
+1.4%
518
-16.3%
619
-16.2%
738
-31.2%
1,073
+8.5%
990
+30.5%
758
Property and equipment, net
575
-3.4%
596
-0.8%
601
-1.3%
609
-3.1%
628
-24.0%
827
-6.5%
885
Goodwill
739
-0.3%
740
+0.6%
736
-49.3%
1,452
-32.6%
2,155
-20.4%
2,707
-2.0%
2,761
Total assets
2,745
-5.2%
2,800
-8.3%
3,054
-25.4%
4,096
-24.9%
5,457
-13.8%
6,329
-0.8%
6,378
Liabilities and equity
Total current liabilities
736
+2.8%
767
+0.0%
767
-4.1%
800
-6.7%
856
+2.3%
837
+12.8%
742
Total liabilities
4,026
+0.3%
4,019
-1.0%
4,058
-4.5%
4,251
-11.9%
4,827
-3.5%
5,001
+0.1%
4,994
Stockholders' equity
-1,281
-14.5%
-1,220
-21.4%
-1,004
-550.0%
-154
-124.5%
630
-52.6%
1,327
-4.1%
1,384
Debt
Debt due within a year
25
-25.7%
27
-6.5%
29
+27.0%
23
+0.0%
23
+0.0%
23
-47.0%
43
Long-term debt
2,762
-0.2%
2,719
-1.4%
2,756
-2.9%
2,840
-13.8%
3,295
-0.5%
3,311
-0.3%
3,319
Lease liabilities
474
-0.4%
485
+1.0%
480
-4.9%
504
-2.4%
517
-11.6%
585
+1.0%
579
Total debt
3,261
-0.5%
3,231
-1.1%
3,266
-3.0%
3,367
-12.2%
3,835
-2.1%
3,919
-0.6%
3,942
Net cash
-3,150
+0.7%
-3,125
-0.1%
-3,122
+1.5%
-3,170
+12.1%
-3,607
+1.1%
-3,646
+5.0%
-3,837
Ratios
Current ratio
0.76x
0.68x
0.81x
0.92x
1.25x
1.18x
1.02x
Debt to equity
—
—
—
—
6.09x
2.95x
2.85x
Debt to EBITDA
47.68x
63.72x
—
—
—
—
—
Return on equity
—
—
—
—
-127.85%
-16.45%
-17.76%
Return on assets
-5.79%
-8.06%
-28.10%
-20.45%
-14.75%
-3.45%
-3.85%
Book value per share
-5.09
-4.97
-4.38
-0.71
2.96
6.29
6.86
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as
RXT (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
San Antonio, TX
SEC filer status
Accelerated filer, Smaller reporting company
SEC CIK
1810019
Former names
Rackspace Corp. (until May 6, 2020)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.