Technology - Software - Infrastructure - NASDAQ - US
$ 2.42
-9.02 %
$ 551 M
Market Cap
-0.75
P/E
INCOME STATEMENT
2.96 B
REVENUE
-899 M
OPERATING INCOME
-838 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Rackspace Technology, Inc.
| Revenue | 2.96 B |
| Cost Of Revenue | 2.33 B |
| Gross Profit | 629 M |
| Operating Expenses | 1.55 B |
| Operating Income | -899 M |
| Other Expenses | -61.6 M |
| Net Income | -838 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | |
|---|---|---|---|---|---|---|---|
| REVENUE | |||||||
| Revenue | 2 957.1 | 3 122.3 | 3 009.5 | 2 707.1 | 2 438.1 | 2 452.8 | 2 144.7 |
| GROSS PROFIT | |||||||
| Cost Of Revenue | 2 328.3 | 2 265.4 | 2 072.7 | 1 722.7 | 1 426.9 | 1 445.7 | 1 354.1 |
| Gross Profit | 628.8 | 856.9 | 936.8 | 984.4 | 1 011.2 | 1 007.1 | 790.6 |
| OPERATING INCOME | |||||||
| Operating Expenses | 1 548.0 | 855.3 | 906.8 | 959.7 | 911.7 | 949.3 | 913.4 |
| Selling, General and Administrative Expenses | 767.2 | 855.3 | 906.8 | 959.7 | 911.7 | 949.3 | 942.2 |
| Research and Development Expenses | 43.7 | 24.5 | 28.3 | 36.7 | 56.0 | 74.7 | 92.9 |
| Operating Income | (899.4) | (8.4) | 29.0 | 24.7 | 101.6 | 70.5 | (117.6) |
| PRE-TAX INCOME | |||||||
| Interest Income Expense | 221.6 | 208.5 | 205.1 | 268.4 | 329.9 | 281.1 | 223.4 |
| Total Other Income | 45.0 | (218.7) | (246.6) | (336.7) | (223.9) | (263.3) | (243.1) |
| Pre-Tax Income | (854.4) | (897.7) | (249.1) | (312.0) | (122.3) | (500.5) | (360.7) |
| NET INCOME | |||||||
| Tax Provision | (16.6) | (92.9) | (30.8) | (66.2) | (20.0) | (29.9) | (300.8) |
| Net Income | (837.8) | (804.8) | (218.3) | (245.8) | (102.3) | (470.6) | (59.9) |
| EPS | 3.89 | 3.81 | 1.05 | 1.37 | 0.5 | 28.7 | 3.65 |