Rackspace Technology Inc
NASDAQ:RXT
Income Statement
Earnings Waterfall
Rackspace Technology Inc
Revenue
|
3B
USD
|
Cost of Revenue
|
-2.3B
USD
|
Gross Profit
|
628.8m
USD
|
Operating Expenses
|
-767.2m
USD
|
Operating Income
|
-138.4m
USD
|
Other Expenses
|
-699.4m
USD
|
Net Income
|
-837.8m
USD
|
Income Statement
Rackspace Technology Inc
Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
2 453
N/A
|
2 441
-1%
|
2 423
-1%
|
2 415
0%
|
2 438
+1%
|
2 484
+2%
|
2 538
+2%
|
2 618
+3%
|
2 707
+3%
|
2 780
+3%
|
2 868
+3%
|
2 948
+3%
|
3 010
+2%
|
3 059
+2%
|
3 088
+1%
|
3 113
+1%
|
3 122
+0%
|
3 106
-1%
|
3 080
-1%
|
3 024
-2%
|
2 957
-2%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
(1 446)
|
(1 444)
|
(1 437)
|
(1 423)
|
(1 427)
|
(1 474)
|
(1 539)
|
(1 627)
|
(1 723)
|
(1 810)
|
(1 904)
|
(1 999)
|
(2 073)
|
(2 132)
|
(2 172)
|
(2 221)
|
(2 265)
|
(2 305)
|
(2 350)
|
(2 350)
|
(2 328)
|
|
Gross Profit |
1 007
N/A
|
997
-1%
|
986
-1%
|
992
+1%
|
1 011
+2%
|
1 010
0%
|
999
-1%
|
991
-1%
|
984
-1%
|
970
-1%
|
964
-1%
|
950
-1%
|
937
-1%
|
928
-1%
|
916
-1%
|
891
-3%
|
857
-4%
|
801
-7%
|
730
-9%
|
675
-8%
|
629
-7%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(949)
|
(939)
|
(919)
|
(919)
|
(912)
|
(908)
|
(901)
|
(939)
|
(960)
|
(963)
|
(976)
|
(950)
|
(907)
|
(881)
|
(868)
|
(854)
|
(855)
|
(858)
|
(855)
|
(812)
|
(767)
|
|
Selling, General & Administrative |
(949)
|
(939)
|
(919)
|
(919)
|
(912)
|
(908)
|
(901)
|
(939)
|
(960)
|
(963)
|
(976)
|
(950)
|
(879)
|
(881)
|
(868)
|
(854)
|
(831)
|
(858)
|
(855)
|
(812)
|
(724)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(44)
|
|
Operating Income |
58
N/A
|
58
+1%
|
67
+16%
|
73
+8%
|
100
+36%
|
102
+2%
|
99
-3%
|
52
-47%
|
25
-53%
|
8
-70%
|
(12)
N/A
|
(1)
+96%
|
30
N/A
|
47
+55%
|
48
+2%
|
38
-21%
|
2
-96%
|
(57)
N/A
|
(125)
-119%
|
(138)
-10%
|
(138)
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
(277)
|
(316)
|
(208)
|
(245)
|
(230)
|
(214)
|
(324)
|
(289)
|
(268)
|
(252)
|
(234)
|
(218)
|
(208)
|
(206)
|
(212)
|
(219)
|
(219)
|
(220)
|
(220)
|
(217)
|
(217)
|
|
Non-Reccuring Items |
(295)
|
(288)
|
(283)
|
(283)
|
12
|
5
|
0
|
(37)
|
(72)
|
(89)
|
(89)
|
(52)
|
(70)
|
(53)
|
(52)
|
(516)
|
(681)
|
(1 211)
|
(1 116)
|
(811)
|
(490)
|
|
Total Other Income |
13
|
13
|
4
|
3
|
(3)
|
0
|
(1)
|
(2)
|
3
|
1
|
2
|
1
|
(1)
|
1
|
1
|
0
|
0
|
0
|
0
|
(3)
|
(9)
|
|
Pre-Tax Income |
(501)
N/A
|
(533)
-6%
|
(420)
+21%
|
(452)
-8%
|
(122)
+73%
|
(106)
+13%
|
(226)
-113%
|
(276)
-22%
|
(312)
-13%
|
(332)
-6%
|
(334)
-1%
|
(269)
+19%
|
(249)
+7%
|
(211)
+15%
|
(216)
-2%
|
(697)
-222%
|
(898)
-29%
|
(1 488)
-66%
|
(1 461)
+2%
|
(1 169)
+20%
|
(854)
+27%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
30
|
32
|
12
|
22
|
20
|
13
|
38
|
47
|
66
|
70
|
69
|
70
|
31
|
18
|
20
|
23
|
93
|
109
|
96
|
89
|
17
|
|
Income from Continuing Operations |
(471)
|
(501)
|
(408)
|
(430)
|
(102)
|
(93)
|
(188)
|
(229)
|
(246)
|
(262)
|
(266)
|
(199)
|
(218)
|
(193)
|
(197)
|
(674)
|
(805)
|
(1 378)
|
(1 365)
|
(1 080)
|
(838)
|
|
Net Income (Common) |
(471)
N/A
|
(501)
-6%
|
(408)
+19%
|
(430)
-5%
|
(102)
+76%
|
(93)
+9%
|
(188)
-102%
|
(229)
-22%
|
(246)
-7%
|
(262)
-6%
|
(266)
-2%
|
(199)
+25%
|
(218)
-10%
|
(193)
+12%
|
(197)
-2%
|
(674)
-242%
|
(805)
-19%
|
(1 378)
-71%
|
(1 365)
+1%
|
(1 080)
+21%
|
(838)
+22%
|
|
EPS (Diluted) |
-2.36
N/A
|
-2.51
-6%
|
-2.05
+18%
|
-2.16
-5%
|
-0.51
+76%
|
-0.47
+8%
|
-1.13
-140%
|
-1.22
-8%
|
-1.37
-12%
|
-1.27
+7%
|
-1.27
N/A
|
-0.95
+25%
|
-1.05
-11%
|
-0.92
+12%
|
-0.93
-1%
|
-3.19
-243%
|
-3.81
-19%
|
-6.46
-70%
|
-6.34
+2%
|
-4.99
+21%
|
-3.89
+22%
|