Rackspace Technology Inc
NASDAQ:RXT

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Rackspace Technology Inc
NASDAQ:RXT
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Price: 1.6188 USD -3.64% Market Closed
Market Cap: $394.3m

Gross Margin

19.3%
Current
Declining
by 1.8%
vs 3-y average of 21%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
19.3%
=
Gross Profit
$517.7m
/
Revenue
$2.7B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
19.3%
=
Gross Profit
$517.7m
/
Revenue
$2.7B

Peer Comparison

Country Company Market Cap Gross
Margin
US
Rackspace Technology Inc
NASDAQ:RXT
382.5m USD
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CA
Shopify Inc
NASDAQ:SHOP
152.3B USD
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US
Snowflake Inc
XETRA:5Q5
52.2B EUR
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US
Cloudflare Inc
NYSE:NET
56.4B USD
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US
Snowflake Inc.
NYSE:SNOW
53.5B USD
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ID
DCI Indonesia Tbk PT
IDX:DCII
514.4T IDR
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US
MongoDB Inc
NASDAQ:MDB
24.2B USD
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US
Verisign Inc
NASDAQ:VRSN
19.3B USD
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US
Twilio Inc
NYSE:TWLO
16.3B USD
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US
Akamai Technologies Inc
NASDAQ:AKAM
14.1B USD
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US
Okta Inc
NASDAQ:OKTA
12.3B USD
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Market Distribution

Lower than 82% of companies in the United States of America
Percentile
18th
Based on 12 729 companies
18th percentile
19.3%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Rackspace Technology Inc
Glance View

Market Cap
394.3m USD
Industry
Technology

Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The company is headquartered in San Antonio, Texas and currently employs 6,600 full-time employees. The company went IPO on 2020-08-05. The firm designs, builds and operates cloud environments across technology platforms. The firm operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. Its Multicloud Services segment includes its multicloud services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. Its OpenStack Public Cloud segment enables to run applications on a public cloud that is built on open-source technology. The company also enables public cloud and managed hosting platforms to work, through technologies such as RackConnect tool.

RXT Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
19.3%
=
Gross Profit
$517.7m
/
Revenue
$2.7B
What is Rackspace Technology Inc's current Gross Margin?

The current Gross Margin for Rackspace Technology Inc is 19.3%, which is below its 3-year median of 21%.

How has Gross Margin changed over time?

Over the last 3 years, Rackspace Technology Inc’s Gross Margin has decreased from 28.6% to 19.3%. During this period, it reached a low of 19.3% on Sep 30, 2025 and a high of 28.6% on Sep 30, 2022.

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