Rackspace Technology
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Rackspace Technology's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 5% to $2,957,100,000. Profit margin reached -28%. Total operating expenses were $767,200,000.
Profit Margin
| 2017 | 2.14B | -59.9M | -2.79% |
|---|---|---|---|
| 2018 | 2.45B | -470.6M | -19.19% |
| 2019 | 2.43B | -102.3M | -4.2% |
| 2020 | 2.70B | -245.8M | -9.08% |
| 2021 | 3.00B | -218.3M | -7.25% |
| 2022 | 3.12B | -804.8M | -25.78% |
| 2023 | 2.95B | -837.8M | -28.33% |
RXT Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 2.95B | 3.12B | 3.00B | 2.70B | 2.43B | 2.45B | 2.14B |
Cost of revenue | 2.32B | 2.26B | 2.07B | 1.72B | 1.42B | 1.44B | 1.35B |
Gross profit | 628.8M | 856.9M | 936.8M | 984.4M | 1.01B | 1.00B | 790.6M |
Operating exp. | |||||||
Research and development | 43.7M | 24.5M | 28.3M | 36.7M | 56M | 0 | 92.9M |
Selling and marketing | 27.6M | 34.4M | 33.6M | 42.5M | 39.9M | 0 | 59.5M |
Total operating expenses | 767.2M | 855.3M | 906.8M | 959.7M | 911.7M | 949.3M | 913.4M |
Operating income | -899.4M | -8.4M | 29M | 24.7M | 101.6M | 70.5M | -117.6M |
Other income (expenses), net | 45M | -889.3M | -278.1M | -336.7M | -223.9M | -571M | -243.1M |
Income before tax | -854.4M | -897.7M | -249.1M | -312M | -122.3M | -500.5M | -360.7M |
Income tax expense | -16.6M | -92.9M | -30.8M | -66.2M | -20M | -29.9M | -300.8M |
Net income | -837.8M | -804.8M | -218.3M | -245.8M | -102.3M | -470.6M | -59.9M |
Earnings per share | |||||||
Basic EPS | -3.89 | -3.81 | -1.05 | -1.37 | -0.5 | -28.7 | -3.65 |
Diluted EPS | -3.89 | -3.81 | -1.05 | -1.37 | -0.5 | -28.7 | -3.65 |
| Data source | Data source | Data source | Data source |