image
Technology - Software - Infrastructure - NASDAQ - US
$ 1.38
-1.43 %
$ 327 M
Market Cap
-0.36
P/E
INCOME STATEMENT
2.74 B REVENUE
-7.44%
-909 M OPERATING INCOME
-1.08%
-858 M NET INCOME
-2.43%
EFFICIENCY
Earnings Waterfall Rackspace Technology, Inc.
image
Revenue 2.74 B
Cost Of Revenue 2.2 B
Gross Profit 533 M
Operating Expenses 1.44 B
Operating Income -909 M
Other Expenses -50.9 M
Net Income -858 M
3b3b3b3b2b2b2b2b1b1b500m500m00(500m)(500m)(1b)(1b)3b(2b)533m(1b)(909m)51m(858m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income

Income Statement

Millions
Dec-2024 Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017
REVENUE
Revenue 2 737.1 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 2 203.7 2 308.5 2 265.4 2 072.7 1 722.7 1 426.9 1 445.7 1 354.1
Gross Profit 533.4 648.6 856.9 936.8 984.4 1 011.2 1 007.1 790.6
OPERATING INCOME
Operating Expenses 1 442.5 1 548.0 855.3 906.8 959.7 911.7 949.3 913.4
Selling, General and Administrative Expenses 707.6 660.0 855.3 906.8 959.7 911.7 949.3 942.2
Research and Development Expenses 0 43.7 24.5 28.3 36.7 56.0 74.7 92.9
Operating Income (909.1) (899.4) (8.4) 29.0 24.7 101.6 70.5 (117.6)
PRE-TAX INCOME
Interest Income Expense 98.0 221.6 208.5 205.1 268.4 329.9 281.1 223.4
Total Other Income 27.6 45.0 (218.7) (246.6) (336.7) (223.9) (263.3) (243.1)
Pre-Tax Income (881.5) (854.4) (897.7) (249.1) (312.0) (122.3) (500.5) (360.7)
NET INCOME
Tax Provision (23.3) (16.6) (92.9) (30.8) (66.2) (20.0) (29.9) (300.8)
Net Income (858.2) (837.8) (804.8) (218.3) (245.8) (102.3) (470.6) (59.9)
EPS 3.82 3.89 3.81 1.05 1.37 0.5 28.7 3.65