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Rackspace Technology

Logo: ™/®Rackspace Technology, Public domain, via Wikimedia Commons5

American managed cloud computing company

Rackspace Technology, Inc. is an American information technology cloud computing company based in San Antonio, Texas. It also has offices in Reston, Virginia, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico, Toronto and Hong Kong.3 It employed 4,852 people.1 Its shares trade on Nasdaq under the symbol RXT.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1998Founded1

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  • TickerRXT on Nasdaq1
  • Industrycloud computing, web hosting service1
  • HeadquartersSan Antonio1
  • Websitewww.rackspace.com
  • Legal formprivately held company1
  • Incorporated inDE6
  • Business address19122 Us Highway 281N, Suite 127, San Antonio, Tx6
  • Filer categoryAccelerated filer, Smaller reporting company6
  • LEI529900TFVYSFOO980K684
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressc/o CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 61036124

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Rackspace Technology, Inc. is an American information technology cloud computing company based in San Antonio, Texas. It also has offices in Reston, Virginia, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico, Toronto and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (US), Chicago (US), Dallas (US), London (UK), Frankfurt (Germany), Hong Kong (China), Kansas City (US), New York City (US), San Jose (US), Shanghai (China), Queenstown (Singapore) and Sydney (Australia).3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

18.9%Gross margin9
-3.7%Operating margin9
-8.4%Net margin9
-1.9%Revenue growth, 20259
$90.6MFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Public Cloud Services brought in 63% of the revenue Rackspace Technology broke down this way in fiscal 2025.

  1. Public Cloud Services$1.7B963%up 1% from 2024
  2. Private Cloud Service$989.7M937%down 6% from 2024
Business segments by year
Business segments202320242025
Public Cloud Services$1.7B$1.7B$1.7B
Private Cloud Service$1.2B$1.1B$989.7M

Regions

United States brought in 66% of the revenue Rackspace Technology broke down this way in fiscal 2025.

  1. United States$1.8B966%down 4% from 2024
  2. Other Foreign Countries$539.1M920%up 28% from 2024
  3. United Kingdoms$365.2M914%down 22% from 2024
Regions by year
Regions202320242025
United States$2.0B$1.8B$1.8B
Other Foreign Countries$437.0M$421.4M$539.1M
United Kingdoms$484.5M$468.0M$365.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue76¢$2.2B
  • Research and development1¢$39.1M
  • Selling, general and admin21¢$607.1M
  • Income tax1¢$24.0M

Out of $2.7B in revenue.9 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending40¢$60.8M
  • Kept or used elsewhere60¢$90.6M

Out of $151.4M of cash from operations.9

Financial statements

Revenue101112139$2.7B in 2025+10% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.4B$2.4B20192020: $2.7B$2.7B2020+11%2021: $3.0B$3.0B2021+11%2022: $3.1B$3.1B2022+4%2023: $3.0B$3.0B2023−5%2024: $2.7B$2.7B2024−7%2025: $2.7B$2.7B2025−2%
Gross profit101112139$506.4M in 2025−50% since 2019
0$500.0M$1.0B$1.5B2019: $1.0B$1.0B20192020: $984.4M$984.4M2020−3%2021: $936.8M$936.8M2021−5%2022: $856.9M$856.9M2022−9%2023: $628.8M$628.8M2023−27%2024: $533.4M$533.4M2024−15%2025: $506.4M$506.4M2025−5%
Operating income101112139-$100.7M in 2025
-$1.0B-$500.0M0$500.0M2019: $101.6M$101.6M20192020: $24.7M$24.7M2020−76%2021: -$2.5M-$2.5M20212022: -$679.0M-$679.0M2022+27060%2023: -$899.4M-$899.4M2023+32%2024: -$909.1M-$909.1M2024+1%2025: -$100.7M-$100.7M2025−89%
Net income101112139-$225.8M in 2025+121% since 2019
-$1.0B-$750.0M-$500.0M-$250.0M02019: -$102.3M-$102.3M20192020: -$245.8M-$245.8M2020+140%2021: -$218.3M-$218.3M2021−11%2022: -$804.8M-$804.8M2022+269%2023: -$837.8M-$837.8M2023+4%2024: -$858.2M-$858.2M2024+2%2025: -$225.8M-$225.8M2025−74%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Revenue$2.7B$2.7B$3.0B
Cost of revenue-$2.2B-$2.2B-$2.3B
Gross profit$506.4M$533.4M$628.8M
Selling, general and administrative expenses-$607.1M-$707.6M-$767.2M
Impairment of goodwill$0-$714.9M-$708.8M
Impairment of assets, net$0-$20.0M-$52.2M
Loss from operations-$100.7M-$909.1M-$899.4M
Interest expense-$82.7M-$98.0M-$221.6M
Gain on investments, net$300.0K$100.0K$300.0K
Gain on debt extinguishment, net of debt modification costs$0$147.2M$271.3M
Other expense, net-$18.7M-$21.7M-$5.0M
Total other income (expense)-$101.1M$27.6M$45.0M
Loss before income taxes-$201.8M-$881.5M-$854.4M
Benefit (provision) for income taxes-$24.0M$23.3M$16.6M
Net loss-$225.8M-$858.2M-$837.8M
Foreign currency translation adjustments$15.2M-$8.2M$8.0M
Unrealized gain on derivative contracts$2.0M$15.1M$10.8M
Amount reclassified from accumulated other comprehensive income (loss) to earnings-$33.8M-$43.1M-$29.9M
Other comprehensive loss-$16.6M-$36.2M-$11.1M
Comprehensive loss-$242.4M-$894.4M-$848.9M
Basic (in dollars per share)-$0.95-$3.82-$3.89
Diluted (in dollars per share)-$0.95-$3.82-$3.89
Basic (in shares)238.7M shares224.8M shares215.3M shares
Diluted (in shares)238.7M shares224.8M shares215.3M shares

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Corporate structure

Rackspace Technology sits at the top of its group. 57 entities, 26 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Rackspace Technology

  • Rackspace Technology Wilmington, Delaware, United States
    • Mailgun Subsidiary
    • Adapt Services Limited Subsidiary · United Kingdom
    • Cloudkick Subsidiary
    • Datapipe Asia Limited Subsidiary · Hong Kong
    • Datapipe Europe Limited Subsidiary · United Kingdom
    • Datapipe Singapore Pte Ltd Subsidiary · Singapore
    • Datapipe, Inc. Subsidiary · Delaware, United States
    • Drake Merger Sub II, LLC Subsidiary · Delaware, United States
    • GoGrid, LLC Subsidiary · Delaware, United States
    • Inception Intermediate, Inc. Subsidiary · Delaware, United States
    • Inception Parent, Inc. Subsidiary · Delaware, United States
    • JA Vietnam Co., Ltd Subsidiary · Vietnam
    • ObjectRocket, LLC Subsidiary · Delaware, United States
    • Onica Egypt LLC Subsidiary · Egypt
    • Onica Group LLC Subsidiary · Delaware, United States
    • Onica Holdings LLC Subsidiary · Delaware, United States
    • Onica Technologies Canada, Inc. Subsidiary · Canada
    • Rackspace Arabia for Information Technology Single LLC Subsidiary · Saudi Arabia
    • Rackspace Arabia Regional Headquarter Subsidiary · Saudi Arabia
    • Rackspace Asia (Shanghai) Limited Subsidiary · China
    • Rackspace Asia Limited Subsidiary · Hong Kong
    • Rackspace Benelux BV Subsidiary · Netherlands
    • Rackspace Canada, Inc. Subsidiary · Canada
    • Rackspace Finance (UK) Holdings Ltd Subsidiary · United Kingdom
    • Rackspace Finance Holdings II, LLC Subsidiary · Delaware, United States
    • and 31 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Rackspace Technology reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$264.7M9 Dec 31, 2025$304.8M9 Dec 31, 2024−13.2%
Operating-lease assets (leased space)$144.6M9 Dec 31, 2025$134.6M9 Dec 31, 2024+7.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$105.8M9 Dec 31, 2025$144.0M9 Dec 31, 2024−26.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$740.1M9 Dec 31, 2025$735.7M9 Dec 31, 2024+0.6%
Intangible assets, net (excluding goodwill)$698.3M9 Dec 31, 2025$844.7M9 Dec 31, 2024−17.3%
Finite-lived intangibles, gross$2.0B9 Dec 31, 2025$2.0B9 Dec 31, 2024+0.2%
Accumulated amortization$1.4B9 Dec 31, 2025$1.3B9 Dec 31, 2024+12.0%
Finite-lived intangibles, net$558.3M9 Dec 31, 2025$704.7M9 Dec 31, 2024−20.8%

Properties, in its own words

Office Space

Our corporate headquarters occupies approximately 93,000 square feet in San Antonio, Texas under a lease expiring in 2034, with three five-year renewal options.

The rest of Item 2

We also maintain a global office footprint across the U.S., Europe, Asia-Pacific, India, Mexico and other international markets. To enhance operational flexibility and reduce long-term commitments, we are increasingly utilizing shorter-term shared office arrangements in lieu of traditional multi-year leases.

Data Centers

As of December 31, 2025, we leased data centers located across the U.S., the U.K., Hong Kong, Australia and other international locations.

We believe our existing office space and data center facilities are adequate for our current operations and that suitable additional or alternative space will be available in the future to meet our anticipated needs.

Item 2 of the 10-K filed Mar 6, 2026.17

The story

1990s

Rackspace was founded in 1996 by Richard Yoo, Dirk Elmendorf and Patrick Condon. Two years later, Graham Weston and Morris Miller provided seed capital and began managing the company. The company began after Yoo dropped out of Trinity University and launched Cymitar Technology Group out of a garage, through which the company sold internet access to his former classmates. In 1998, the company was renamed Rackspace. That year, Weston became CEO.

2000s

Lanham Napier entered the company in 2000 as its chief financial officer. In 2006, Yoo left Rackspace and Napier was named chief executive officer (CEO). Weston stepped down as CEO and that year, he was named chairman.

In 2008, Rackspace moved its headquarters to the then-unoccupied Windsor Park Mall in Windcrest, Texas. Rackspace's Chairman, Graham Weston, owned the Montgomery Ward building in the mall until 2006 when it was sold to a developer In 2005, following Hurricane Katrina, Rackspace employees volunteered to refurbish the Montgomery Ward into a shelter for 1,300 people.

The revitalization of the mall lead to development in the surrounding area, including the creation of Racker Road and the frontage road Fanatical Way, inspired by the company's trademark "Fanatical Support". "Fanatical support" was the company's motto to describe its customer service. This consisted of the disuse of voicemail, live customer support, and London-based customer service representatives always accessible, which at the time news reports attribute to giving Rackspace an "edge" in the web hosting industry. Later, Rackspace's Fanatical Support would be used to describe a service of providing customer representatives when businesses were implementing cloud hosting.

In 2008 Rackspace opened for trading on the New York Stock Exchange under the ticker symbol "RAX" after its initial public offering (IPO) in which it raised $187.5 million. The initial public offering included 15,000,000 shares of its common stock at a price of $12.50 per share. The IPO did not do well in the public market and lost about 20% of its initial price almost immediately.

At around 3:45 PM CST December 18, 2009, Rackspace experienced an outage for customers using its Dallas–Fort Worth data center – including those of Rackspace Cloud.

2010s

In 2010, Rackspace announced it would discontinue hosting the website for Dove World Outreach Center after pastor Terry Jones said he planned to burn the Qur'an on the anniversary of 9/11. Jones called the move an "indirect attack on our freedom of speech." Business Insider also criticized Rackspace's decision.

In 2014, Napier stepped down as CEO and Weston was named the interim CEO. Taylor Rhodes was named president and later that year replaced Weston as CEO.

Read the full text

In August 2016, it was confirmed that the American private equity firm, Apollo Global Management, had reached an agreement to buy the company for $4.3 billion. The sale was completed in November 2016 and Rackspace officially ended trading on the New York Stock Exchange on November 3, 2016.

In May 2017, CEO Taylor Rhodes announced he was leaving the company, and was replaced by Joe Eazor. Eazor was replaced in 2019 by Kevin Jones.

2020s

In June 2020 it changed its name to Rackspace Technology.

In August 2020 Rackspace Technology opened for trading on the Nasdaq under the ticker symbol "RXT" after its initial public offering (IPO). The Initial public offering of 33,500,000 shares of its common stock at an initial public offering price of $21.00 per share.

In September 2022 the company named Amar Maletira as its new CEO.

In December 2022 Rackspace suffered a major service outage which affected all its hosted Exchange users (customers who bought email services from Rackspace that involved instances of Microsoft Exchange hosted on Rackspace's servers). After initial investigation Rackspace declared the incident a 'security incident' and said it had powered down its servers to protect customer data which some commentators speculated might be indicative of a ransomware incident, a theory that was lent further credence by Rackspace's decision to recommend that customers migrate to Microsoft 365 rather than wait to have their Exchange-based solutions restored. On Monday December 5, 2022, the first full day of trading after the incident (which started on the previous Friday), Rackspace's shares were down as much as 16% ($0.75).

A class action lawsuit against Rackspace Technology, Inc. was filed on December 12, 2022, by Cole & Van Note for tens of thousands of businesses who lost access to their emails and services due to ransomware users. Stephenson, et al. v. Rackspace Technology, Inc. This class action was dismissed by the judge in San Antonio in May, 2023.

In June 2023, Rackspace launched Foundry for Generative AI by Rackspace (FAIR), a practice offering consulting and deployment services for generative AI.

In January 2024, Rackspace moved its San Antonio Global Headquarters from Windcrest (The Castle) to the RidgeWood Plaza II office building, located in north-central San Antonio.

Rackspace recorded large non-cash impairment charges in the mid-2020s as its market capitalisation fell: $681 million in 2022, $761 million in 2023, and a further $593 million in the first quarter of 2024 alone. The company reported a net loss of $863 million for 2024 on revenue of about $2.74 billion, with revenue declining in both of its business units. Revenue fell a further 2% in 2025, to $2.69 billion, while the net loss narrowed to $226 million.

In September 2025 the company named Gajen Kandiah as its new CEO, replacing Amar Maletira.

On June 10, 2026, the executive committee of Rackspace's board approved a workforce realignment plan cutting about 15% of the company's global staff, roughly 750 employees. The company said it expected one-time charges of $14–19 million in 2026 and annualised savings of $75–85 million, and described the cuts as a move away from certain legacy service-delivery functions, chiefly in its Public Cloud unit, in order to redeploy resources towards enterprise artificial intelligence services.

From Wikipedia’s article on Rackspace Technology, shared under CC BY-SA 4.0.7

Leadership

Who has led Rackspace Technology, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Kevin M. Jones2020–2022
  2. Amar Maletira2022–2025
  3. Gajakarnan Vibushanan Kandiah2025–now

President

  1. Amar Maletira2020–2023
  2. Subroto Mukerji2021–2022
  3. Srini Koushik2024–now

Chief financial officer

  1. Dustin J. Semach2020
  2. Amar Maletira2020–2022
  3. Naushaza Molu2023

Chief operating officer

  1. Subroto Mukerji2020–2021
200020052010201520202025
Board members and other officers (32)

Products and brands

Rackspace launched ServerBeach in San Antonio in January 2003 as a lower-cost alternative for dedicated servers designed for technology hobbyists who want flexibility and reliability. Richard Yoo was a catalyst in the startup of ServerBeach. It was sold to Peer 1 Hosting, now Cogeco Peer 1, in October 2004. Peer 1 Hosting entered the UK managed hosting market in January 2009 and the ServerBeach brand now competes directly with the UK arm of Rackspace, run by Dominic Monkhouse, former managing director of Rackspace Limited.

In October 2006, Mosso Inc. was launched, which experimented with white-labeling hosting services. Eventually, the division became the foundation for the Rackspace Cloud Computing offering.

The Webmail.us business was branded as Mailtrust and in May 2009 became part of a newly formed Cloud Office division.

On October 1, 2007, Rackspace acquired Webmail.us, a private e-mail hosting firm located in Blacksburg, VA. Originally branded as Mailtrust on May 20, 2009, it became part of the newly formed Cloud Office division of Rackspace.

Read the full text

On October 22, 2008, Rackspace acquired Slicehost, a provider of virtual servers and Jungle Disk, a provider of online backup software and services.

Rackspace announced on March 8, 2017, plans for an expansion to its portfolio to include managed service for the Google Cloud Platform. The program began beta testing on July 18, 2017, with a planned full offering in late 2017. Rackspace partnered with Google in Customer Reliability Engineering, a group of Google Site Reliability Engineers, to ensure cloud applications "run with the same speed and reliability as some of Google's most widely-used products".

From Wikipedia’s article on Rackspace Technology, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Owners

Subsidiaries

Subsidiaries (Exhibit 21)

  • Adapt Services Limited United Kingdom8
  • Datapipe Asia Limited Hong Kong8
  • Datapipe Europe Limited United Kingdom8
  • Datapipe Singapore Pte Ltd Singapore8
  • Datapipe, Inc. Delaware8
  • Drake Merger Sub II, LLC Delaware8
  • GoGrid, LLC Delaware8
  • Inception Intermediate, Inc. Delaware8
  • Inception Parent, Inc. Delaware8
  • JA Vietnam Co., Ltd Vietnam8
  • ObjectRocket, LLC Delaware8
  • Onica Egypt LLC Egypt8
  • Onica Group LLC Delaware8
  • Onica Holdings LLC Delaware8
  • Onica Technologies Canada, Inc. Canada8
  • RSUS4, LLC Delaware8
  • RXT Sweden AB Sweden8
  • Rackspace Arabia Regional Headquarter Saudi Arabia8
  • Rackspace Arabia for Information Technology Single LLC Saudi Arabia8
  • Rackspace Asia (Shanghai) Limited China8
  • Rackspace Asia Limited Hong Kong8
  • Rackspace Benelux BV Netherlands8
  • Rackspace Canada, Inc. Canada8
  • Rackspace Finance (UK) Holdings Ltd United Kingdom8
All 54 listed subsidiaries
  • Rackspace Finance Holdings II, LLC Delaware8
  • Rackspace Finance Holdings, LLC Delaware8
  • Rackspace Finance, LLC Delaware8
  • Rackspace Germany GmbH Germany8
  • Rackspace Government Solutions, Inc. Delaware8
  • Rackspace Holdings LLC Delaware8
  • Rackspace Hosting Australia Pty Ltd Australia8
  • Rackspace India Private Limited India8
  • Rackspace International GmbH Switzerland8
  • Rackspace International Holdings, Inc. Delaware8
  • Rackspace Israel Holdings Ltd Israel8
  • Rackspace Limited United Kingdom8
  • Rackspace Mexico s.de R.L. de C.V. Mexico8
  • Rackspace New Zealand Limited New Zealand8
  • Rackspace Professional Services Japan GK Japan8
  • Rackspace Receivables Canada Limited Canada8
  • Rackspace Receivables II, LLC Delaware8
  • Rackspace Singapore Pte. Ltd. Singapore8
  • Rackspace Technology Belgium B.V. Belgium8
  • Rackspace Technology Brazil LTDA Brazil8
  • Rackspace Technology Colombia S.A.S. Colombia8
  • Rackspace Technology Global, Inc. Delaware8
  • Rackspace Technology Hungary Kft. Hungary8
  • Rackspace Technology Malaysia SDN. BHD. Malaysia8
  • Rackspace Technology Norway AS Norway8
  • Rackspace Technology Poland sp. z o.o. (Yocarnim Investments Sp. z o.o) Poland8
  • Rackspace US, Inc. Delaware8
  • RelationEdge, LLC Delaware8
  • Tricore Solutions Private Limited India8
  • Tricore Solutions, LLC Massachusetts8

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

Rackspace's first acquisition was Webmail.us, an email hosting firm in Blacksburg, Virginia, bought in September 2007 and rebranded as Mailtrust. In October 2008 the company announced two purchases on the same day: Slicehost, a St. Louis provider of virtual private servers, and Jungle Disk, an online backup service. The pair were bought for a reported $11.5 million in cash and stock, with up to $16.5 million more contingent on performance, and were presented as a move to compete with Amazon Web Services.

Smaller purchases followed as Rackspace built out its cloud platform and its work on OpenStack. These included the server-monitoring company Cloudkick, the OpenStack development firm Anso Labs, the transactional email service Mailgun, the managed MongoDB provider ObjectRocket, Exceptional Cloud Services and ZeroVM. In February 2012 it also bought SharePoint911, a Microsoft SharePoint consultancy based in Cincinnati.

and in September 2017 it announced the purchase of Datapipe, a Jersey City managed hosting company.

Later acquisitions were consultancies working on platforms other than Rackspace's own infrastructure: the Salesforce consultancy RelationEdge in September 2018, the AWS specialist Onica in November 2019, and Just Analytics, a Singapore-based cloud data, analytics and artificial intelligence firm, in January 2022.

Read the full text

Divestitures

Rackspace sold or spun off several of the businesses it had acquired as it refocused on managed cloud services. It sold ServerBeach, a low-cost dedicated-server brand it had launched in 2003, to Peer 1 Hosting in October 2004 for $7.5 million. Mailgun was spun out as an independent company in 2017 in a transaction led by the investment firm Turn/River Capital; Thoma Bravo acquired a majority stake in 2019, and the business was later bought by Sinch. Jungle Disk and Exceptional Cloud Services were also divested.

From Wikipedia’s article on Rackspace Technology, shared under CC BY-SA 4.0.7

Former names

  • Rackspace Corp.May 6, 2020 to May 6, 20206

Timeline

  1. Aug 24, 20268-K Executive or director change57
  2. Aug 10, 20268-K Results of operations58
  3. Jul 9, 20268-K Entered a material agreement; Results of operations; New debt or obligation59
  4. Jun 18, 20268-K Shareholder vote60
  5. Jun 16, 20268-K Other events61
  6. Jun 16, 20268-K Regulation FD disclosure; Other events62
  7. May 7, 20268-K Results of operations63
  8. Apr 3, 20268-K Executive or director change64
  9. Feb 26, 20268-K Results of operations65
  10. Nov 6, 20258-K Results of operations66
  11. Sep 26, 20258-K Executive or director change67
  12. Sep 11, 20258-K Executive or director change68
  13. Sep 8, 2025New chief executive Gajakarnan Vibushanan Kandiah becomes CEO18
  14. Oct 28, 2022New chief executive Amar Maletira becomes CEO19
  15. Aug 4, 2020New chief executive Kevin M. Jones becomes CEO20
  16. 1998Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.05) a share, on Nov 6, 2025.69

When it reported results

  1. Aug 10, 2026Reported quarterly or annual results58
  2. Jul 9, 2026Reported quarterly or annual results59
  3. May 7, 2026Reported quarterly or annual results63
  4. Feb 26, 2026Reported quarterly or annual results65
  5. Nov 6, 2025Reported quarterly or annual results66
  6. Aug 7, 2025Reported quarterly or annual results70
  7. May 8, 2025Reported quarterly or annual results71
  8. Feb 20, 2025Reported quarterly or annual results72

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

397 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 59 major events, 244 insider forms, 16 large holders, 58 other. The latest 20:

  1. Sep 17, 20264 EDGAR
  2. Sep 8, 20264 EDGAR
  3. Sep 8, 2026144 EDGAR
  4. Sep 4, 2026144 EDGAR
  5. Sep 4, 20264 EDGAR
  6. Sep 2, 20264 EDGAR
  7. Sep 2, 20264 EDGAR
  8. Sep 2, 20264 EDGAR
  9. Sep 2, 2026144 EDGAR
  10. Sep 2, 2026144 EDGAR
  11. Sep 2, 2026144 EDGAR
  12. Sep 2, 2026144 EDGAR
  13. Aug 24, 20268-K 8-K (ITEM 5.02) EDGAR
  14. Aug 17, 20264 EDGAR
  15. Aug 14, 2026144 EDGAR
  16. Aug 10, 202610-Q EDGAR
  17. Aug 10, 20268-K EDGAR
  18. Aug 10, 2026SCHEDULE 13G/A EDGAR
  19. Jul 9, 2026424B5 EDGAR
  20. Jul 9, 2026S-8 EDGAR

The 397 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

60 open-market trades by officers, directors and large owners since October 2021: 4 buys and 56 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 8, 2026TEAL-GUESS KELLIEChief Human Resources OfficerSale33,558$3.13$105.0KForm 4
Sep 4, 2026Kandiah Gajakarnan VibushananChief Executive OfficerSale498,728$3.21$1.6MForm 4
Sep 2, 2026Marino Mark A.Chief Financial OfficerSale51,373$2.95$151.6KForm 4
Sep 2, 2026SINHA DHARMENDRA KUMAREVP, President, Public CloudSale107,002$2.95$315.7KForm 4
Sep 2, 2026Kandiah Gajakarnan VibushananChief Executive OfficerSale8,258$2.95$24.4KForm 4
Aug 14, 2026Scott AnthonyDirectorSale48,780$4.25$207.3KForm 4
Jun 4, 2026TEAL-GUESS KELLIEChief Human Resources OfficerSale33,966$5.56$188.9KForm 4
Jun 4, 2026Marino Mark A.Chief Financial OfficerSale48,099$5.56$267.4KForm 4
Jun 4, 2026SINHA DHARMENDRA KUMAREVP, President, Public CloudSale48,099$5.56$267.4KForm 4
May 18, 2026TEAL-GUESS KELLIEChief Human Resources OfficerSale113,232$5.12$579.7KForm 4
Mar 18, 2026SINHA DHARMENDRA KUMAREVP, President, Public CloudSale188,123$1.81$340.5KForm 4
Mar 18, 2026Marino Mark A.Chief Financial OfficerSale14,058$1.81$25.4KForm 4
Mar 2, 2026TEAL-GUESS KELLIEChief Human Resources OfficerSale21,266$1.81$38.5KForm 4
Mar 2, 2026Marino Mark A.Chief Financial OfficerSale20,183$1.81$36.5KForm 4
Mar 2, 2026SINHA DHARMENDRA KUMAREVP, President, Public CloudSale45,393$1.81$82.2KForm 4
Feb 23, 2026Marino Mark A.Chief Financial OfficerSale234,683$1.63$382.5KForm 4
Dec 1, 2025TEAL-GUESS KELLIEChief Human Resources OfficerSale18,301$1.01$18.5KForm 4
Dec 1, 2025SINHA DHARMENDRA KUMAREVP, President, Public CloudSale59,322$1.01$59.9KForm 4
Nov 28, 2025SINHA DHARMENDRA KUMAREVP, President, Public CloudSale91,151$1.04$94.8KForm 4
Sep 15, 2025Maletira AmarDirectorSale1,780,619$1.35$2.4MForm 4

All 60 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Gajen KandiahChief Executive Officer58$319.2K$11.6M78
2025Amar MaletiraFormer Chief Executive Officer$598.8K$10.6M78
2025DK SinhaExecutive Vice President, President Public Cloud$650.0K$4.0M78
2025Mark MarinoExecutive Vice President and Chief Financial Officer49$530.0K$2.9M78
2024Amar MaletiraFormer Chief Executive Officer$900.0K$8.4M78
2024Mark MarinoExecutive Vice President and Chief Financial Officer49$523.8K$5.6M78
2024DK SinhaExecutive Vice President, President Public Cloud$650.0K$3.9M78

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Apollo Management Holdings, L.P.129,609,000$846.3M13.8%No change
BlackRock, Inc.7,872,977$51.4M0.0%+344,945
Voss Capital, LP7,593,772$49.6M2.5%New
Aqr Capital Management LLC5,130,701$33.5M0.0%+593,272
Vanguard Capital Management LLC4,488,204$29.3M0.0%−129,421
Two Sigma Investments, LP3,835,773$25.0M0.0%+3,789,172
Vanguard Portfolio Management LLC3,721,171$24.3M0.0%+1,184,128
Marathon Asset Management LP3,624,047$23.7M61.9%New
Geode Capital Management, LLC2,638,712$17.2M0.0%+183,795
Renaissance Technologies LLC2,429,758$15.9M0.0%+388,158
Millennium Management LLC2,343,283$15.3M0.0%+2,052,334
BW Gestao de Investimentos Ltda.2,340,279$15.3M0.4%New
Arete Wealth Advisors, LLC2,173,359$14.2M0.9%+1,949,359
State Street Corp2,088,761$13.6M0.0%+225,768
Jupiter Topco LLC1,602,104$10.5M0.0%New
Nuveen, LLC1,474,506$9.6M0.0%+1,383,820
UBS Group AG1,308,249$8.5M0.0%+760,599
Plustick Management LLC900,000$5.9M2.5%+200,000
Charles Schwab Investment Management Inc887,832$5.8M0.0%−18,627
Northern Trust Corp845,317$5.5M0.0%+168,292
Polen Capital Management LLC709,189$4.6M0.0%New
Vanguard Fiduciary Trust Co696,452$4.5M0.0%+44,643
Dimensional Fund Advisors LP689,545$4.5M0.0%New
Citadel Advisors LLC655,066$4.3M0.0%+614,660
Ieq Capital, LLC637,258$4.2M0.0%−194

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

10 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Dec 16, 2021Marjorie Taylor GreeneRepublican, HouseSale$1,001 - $15,000+141.4%Report
Oct 14, 2021Susie LeeDemocratic, HouseSale$1,001 - $15,000+153.0%Report
May 14, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000−169.0%Report
Feb 19, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000−182.7%Report
Dec 16, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000−192.7%Report
Oct 19, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000−207.5%Report
Sep 1, 2020Brian J. MastRepublican, HouseSale$15,001 - $50,000+203.8%Report
Sep 1, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000−203.8%Report
Aug 27, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000−204.6%Report
Aug 18, 2020Brian J. MastRepublican, HouseBuy$15,001 - $50,000−211.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Rackspace Technology is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRackspace Technology, Inc.2
  • CIK0001810019
  • Employer ID (EIN)81-336992517
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address19122 Us Highway 281N, Suite 127, San Antonio, TX2
  • Mailing address19122 Us Highway 281N, Suite 127, San Antonio, TX 78258-76672
  • Phone1-800-961-44542
  • Shares outstanding254,872,850 as of Aug 4, 202615
  • Public float$131.0M as of Jun 30, 202517
  • AuditorKPMG LLP, San Antonio, Texas PCAOB ID 185; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceMay 6, 20202
  • Filings560 in all: 4 (289), 8-K (85), 3 (44), 144 (27), 10-Q (19), 4/A (12), SCHEDULE 13G/A (9), UPLOAD (8)2
    All 31 form types

    CORRESP (7), SC 13G/A (7), 10-K (6), DEF 14A (6), DEFA14A (6), S-8 (6), 5 (5), SC 13G (4), ARS (3), 424B5 (2), 8-K/A (2), S-1/A (2), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), EFFECT (1), NT 10-K (1), NT 10-Q (1), S-1 (1), S-3ASR (1)

  • Latest filingsAnnual report (10-K) Mar 6, 2026
    Quarterly report (10-Q) Aug 10, 2026
    Proxy statement (DEF 14A) Apr 30, 2026
    Latest 8-K (8-K) Aug 24, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.01 per shareRXTThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Mar 6, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Rackspace Technology names in Item 1A of its 10-K filed Mar 6, 2026: 59 risks under these headings, as written.17

  • In addition to the other information set forth in this report, you should carefully consider the risks and uncertainties described below, which could materially and adversely affect our business, financial condition and results of operations. In addition, past financial performance may not be a reliable indicator of future performance and historical trends may not predict results or trends in future periods.
  • Risks Related to Our Business
  • If we are unable to attract new customers, retain existing customers and sell additional services at comparable gross margins to customers, our revenue and results of operations could be adversely affected.
  • Our business is affected by general economic conditions and uncertainties affecting markets in which we operate and economic volatility could adversely impact our business.
  • If we are unable to successfully execute our strategies and continue to develop and sell the services and solutions our customers demand, our business, financial condition and results of operations may suffer.
  • Our strategies require significant investments that may adversely affect our near-term revenue growth and results of operations.
  • We have a history of losses and may not be able to achieve profitability in the future.
  • We may be required to recognize goodwill, intangible assets or other long-lived asset impairment charges.
  • Our results of operations have historically varied and may fluctuate significantly, which could make our future results difficult to predict and could cause our results of operations to fall below investor or analyst expectations.
  • We may not be able to compete successfully against current and future competitors.
  • Our business is highly dependent on our ability to maintain favorable relationships with third-party cloud platform providers and the ability of those providers to provide the services and features that our customers desire.
  • Our referral and reseller partners provide revenue to our business, and we benefit from our association with them. The loss of these participants could adversely affect our business.
The other 48 risks
  • If we fail to hire and retain qualified employees and management personnel, our strategies and our business could be harmed.
  • Security breaches, cyber-attacks and other interruptions to our or our third-party service providers’ infrastructure have disrupted and may continue to disrupt our internal operations and we may be exposed to claims and liability, lose customers, suffer harm to our reputation, lose business-critical compliance certifications and incur additional costs.
  • Our inability to prevent service disruptions and ensure network uptime could lead to significant costs and could harm our business reputation and have a material and adverse effect on our business, financial condition and results of operations.
  • Our ability to operate our data centers relies on access to sufficient and reliable electric power.
  • Failure to have reliable Internet, telecommunications and fiber optic network connectivity and capacity may adversely affect our results of operations.
  • We have overestimated our data center capacity requirements in the past. If we overestimate or underestimate our data center capacity requirements, our business, financial condition and results of operations could be adversely affected.
  • Real or perceived errors, failures or bugs in our customer solutions, software or technology could adversely affect our business, financial condition and results of operations.
  • We rely on third-party software that may be difficult to replace, or which could cause errors or failures of our service that could lead to lost customers or harm to our reputation.
  • If our third-party vendors, including our third-party software licensors, increase their prices and we are unable to pass those increased costs to our customers, it could have a material and adverse effect on our results of operations.
  • Our services depend in part on intellectual property and proprietary rights and technology licensed from third parties.
  • Sales to enterprise customers involve risks that may not be present in or that are present to a greater extent than sales to smaller entities.
  • Some of our professional services engagements with our clients are based on estimated pricing terms. If our estimates are incorrect, these terms could become unprofitable.
  • If we fail to maintain, enhance and protect our brand, our ability to expand our customer base will be impaired and our business, financial condition and results of operations may suffer.
  • Our ability to operate and expand our business is susceptible to risks associated with international sales and operations.
  • Failure to develop and maintain adequate internal systems could cause us to be unable to properly provide service to our customers, causing us to lose customers, suffer harm to our reputation and incur additional costs.
  • We may not be able to renew the leases on our existing facilities on terms acceptable to us, if at all, which could adversely affect our business, financial condition and results of operations.
  • We rely on a number of third-party providers for data center space, equipment, maintenance and other services, and the loss of, or problems with, one or more of these providers may impede our growth or cause us to lose customers.
  • We are subject to various laws, directives, regulations, contractual obligations and policies regarding the protection of confidentiality and appropriate use of personal information.
  • Customers could potentially expose us to lawsuits for their lost profits or damages, which could impair our results of operations.
  • Our clients include national, provincial, state and local governmental entities.
  • Our operations and operations of our third-party channel partners in countries outside of the U.S. are subject to a number of anti-corruption, anti-bribery, anti-money laundering and similar laws, and non-compliance with such laws can subject us to criminal or civil liability and harm our business, financial condition and results of operations.
  • Certain of our international operations are conducted in countries or regions experiencing corruption or instability, which subjects us to heightened legal and economic risks.
  • We may be liable for the material that content providers distribute over our network, and we may have to terminate customers that provide content that is determined to be illegal, which could adversely affect our results of operations.
  • Government regulation is continuously evolving and, depending on its evolution, may adversely affect our business, financial condition and results of operations.
  • Any failure by us to identify, manage, complete and integrate acquisitions and other significant transactions, including dispositions, successfully could harm our business, financial condition and results of operations.
  • Our results of operations could be materially and adversely affected by fluctuations in foreign currency exchange rates.
  • We are exposed to commodity and market price risks that affect our results of operations.
  • Concerns about greenhouse gas emissions and global climate change may result in environmental taxes, charges, assessments or penalties, resulting in increased electricity prices.
  • We utilize open source software in providing a substantial portion of our services. Our use of open source software, and our contributions to open source projects, could impose limitations on our ability to provide our services, expose us to litigation, cause us to impair our assets and allow third parties to access and use software and technology that we use in our business, all of which could adversely affect our business, financial condition and results of operations.
  • Our business is dependent on our ability to continue to obtain, maintain, protect and enforce the intellectual property and proprietary rights on which our business relies. If we are not successful in obtaining, maintaining, protecting and enforcing our intellectual property and proprietary rights, our business, financial condition and results of operations could be materially and adversely affected.
  • Third-party claims of intellectual property or proprietary right infringement, misappropriation or other violation may be costly to defend and may limit or disrupt our ability to sell our services.
  • We may have additional tax liabilities.
  • Changes in cross border trade policies, including the imposition of tariffs and the resulting consequences, may have a material and adverse impact on our business, financial condition and results of operations.
  • Risks Related to Our Indebtedness
  • Our substantial indebtedness could materially and adversely affect our ability to raise additional capital to fund our operations, limit our ability to react to changes in the economy or our industry and prevent us from making debt service payments.
  • Despite our substantial indebtedness, we may still be able to incur significantly more debt, including secured debt, which could intensify the risks associated with our indebtedness.
  • We may not be able to generate sufficient cash to service all of our indebtedness and to fund our working capital and capital expenditures and may be forced to take other actions to satisfy our obligations under our indebtedness that may not be successful.
  • Our debt agreements contain restrictions that limit our flexibility in operating our business.
  • Our variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations to increase significantly.
  • Any downgrade in our credit ratings could limit our ability to obtain future financing, increase our borrowing costs and adversely affect the market price of our existing debt securities or otherwise impair our business, financial condition and results of operations.
  • Risks Related to Ownership of Our Common Stock
  • Our common stock has previously traded below Nasdaq’s $1.00 minimum bid price requirement. If we fail to maintain compliance with Nasdaq’s continued listing requirements, our common stock could be delisted, which could adversely affect the liquidity and market price of our common stock.
  • Our stock price may fluctuate significantly.
  • Future sales of our common stock in the public market, or the perception in the public market that such sales may occur, could reduce our stock price.
  • If we do not maintain effective internal controls, our financial statements may be inaccurate and the value of your investment in our common stock could decrease.
  • We continue to be controlled by Apollo, and Apollo’s interests may conflict with our interests and the interests of other stockholders.
  • We are a “controlled company” within the meaning of the Nasdaq’s rules and, as a result, qualify for and intend to rely on exemptions from certain corporate governance requirements.
  • We are a holding company and rely on dividends, distributions and other payments, advances and transfers of funds from our subsidiaries to meet our obligations.
  • We do not anticipate paying dividends on our common stock in the foreseeable future.
  • If securities or industry analysts do not publish research or reports about our business or publish negative reports, our stock price could decline.

Legal proceedings

From time to time, we are subject to various legal proceedings, claims, inquiries, investigations, demands or other disputes arising in the ordinary course of our business. These matters include, among other things, commercial disputes (including contract interpretation, service level performance, billing disputes, customer service issues and similar matters), employment and labor claims, intellectual property disputes (including third-party claims by both operating companies and non-practicing entities alleging that our offerings, services, or technologies infringe, misappropriate, or otherwise violate the intellectual property or proprietary rights of others or that our use of third-party software (including open source components) violates copyright, licensing obligations or trade secret rights), and regulatory inquiries. In addition, we may receive requests for information, subpoenas, or be subject to investigations by governmental authorities relating to areas such as privacy, data protection, cybersecurity, competition/antitrust, and export controls and sanctions, among others.

We record accruals for loss contingencies when losses are considered probable and can be reasonably estimated. Because litigation and regulatory matters are inherently unpredictable, the amount that may ultimately be paid could differ from our recorded accruals and the timing of such payments is uncertain. It is reasonably possible that losses in excess of recorded amounts could be material in a particular period. Additional information about our loss contingencies is included in Item 8 of Part II, Financial Statements and Supplementary Data - Note 10, "Commitments and Contingencies." We maintain insurance for certain claims and losses; however, coverage may not be available for all matters and is subject to deductibles, exclusions, and policy limits.

The opening of Item 3, Legal Proceedings.17

Sources

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