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Rackspace Technology Inc
NASDAQ:RXT

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Rackspace Technology Inc Logo
Rackspace Technology Inc
NASDAQ:RXT
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Price: 1.63 USD -2.98% Market Closed
Updated: Apr 25, 2024

Gross Margin
Rackspace Technology Inc

21.3%
Current
29%
Average
46.5%
Industry
Positive for the last year
21.3%
Positive average
29%
Worse than average
Worse than industry value

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
21.3%
=
Gross Profit
628.8m
/
Revenue
3B

Gross Margin Across Competitors

Gross Margin Comparison
Rackspace Technology Inc Competitors

Country Company Market Cap Gross
Margin
US
Rackspace Technology Inc
NASDAQ:RXT
354.4m USD
21%
CA
Shopify Inc
NYSE:SHOP
93B USD
50%
US
Snowflake Inc.
NYSE:SNOW
51.8B USD
68%
US
Cloudflare Inc
NYSE:NET
29.6B USD
76%
US
MongoDB Inc
NASDAQ:MDB
26.9B USD
75%
US
Verisign Inc
NASDAQ:VRSN
18.8B USD
87%
US
GoDaddy Inc
NYSE:GDDY
17.6B USD
63%
US
Okta Inc
NASDAQ:OKTA
15.7B USD
74%
US
Akamai Technologies Inc
NASDAQ:AKAM
15.5B USD
60%
US
Twilio Inc
NYSE:TWLO
11.1B USD
49%
US
Switch Inc
NYSE:SWCH
8.4B USD
38%
Country US
Market Cap 354.4m USD
Gross Margin
21%
Country CA
Market Cap 93B USD
Gross Margin
50%
Country US
Market Cap 51.8B USD
Gross Margin
68%
Country US
Market Cap 29.6B USD
Gross Margin
76%
Country US
Market Cap 26.9B USD
Gross Margin
75%
Country US
Market Cap 18.8B USD
Gross Margin
87%
Country US
Market Cap 17.6B USD
Gross Margin
63%
Country US
Market Cap 15.7B USD
Gross Margin
74%
Country US
Market Cap 15.5B USD
Gross Margin
60%
Country US
Market Cap 11.1B USD
Gross Margin
49%
Country US
Market Cap 8.4B USD
Gross Margin
38%

Profitability Report

View the profitability report to see the full profitability analysis for Rackspace Technology Inc.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
21.3%
=
Gross Profit
628.8m
/
Revenue
3B
What is the Gross Margin of Rackspace Technology Inc?

Based on Rackspace Technology Inc's most recent financial statements, the company has Gross Margin of 21.3%.