Rackspace Technology Inc
NASDAQ:RXT
Operating Margin
Rackspace Technology Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Rackspace Technology Inc
NASDAQ:RXT
|
284.1m USD |
-6%
|
|
| CA |
|
Shopify Inc
NYSE:SHOP
|
141.5B USD |
13%
|
|
| US |
|
Snowflake Inc.
NYSE:SNOW
|
60.8B USD |
-40%
|
|
| US |
|
Cloudflare Inc
NYSE:NET
|
54.6B USD |
-9%
|
|
| US |
|
GoDaddy Inc
NYSE:GDDY
|
27B USD |
21%
|
|
| US |
|
Verisign Inc
NASDAQ:VRSN
|
26.6B USD |
68%
|
|
| ID |
|
DCI Indonesia Tbk PT
IDX:DCII
|
376.2T IDR |
58%
|
|
| US |
|
Okta Inc
NASDAQ:OKTA
|
21.9B USD |
-2%
|
|
| US |
|
Twilio Inc
NYSE:TWLO
|
17.8B USD |
0%
|
|
| US |
|
MongoDB Inc
NASDAQ:MDB
|
15.2B USD |
-11%
|
|
| US |
|
Akamai Technologies Inc
NASDAQ:AKAM
|
11.4B USD |
17%
|
Rackspace Technology Inc
Glance View
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.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Rackspace Technology Inc's most recent financial statements, the company has Operating Margin of -6.4%.
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