RXT Rackspace Technology, Inc.
Price Chart
Executive Summary
Rackspace Technology reported Q1 2026 revenue of $678M (+2% YoY) and GAAP net income of $8M ($0.03 EPS), swinging from a $72M loss last year. However, Non-GAAP loss per share was $(0.06), unchanged YoY, and operating cash flow slumped to $5M from $12.6M. FY2026 guidance implies continued Non-GAAP losses, reinforcing a bearish outlook.
Key Financial Metrics
Actionable Insight
Monitor cash burn trajectory and private cloud stabilization; the AMD MOU is early-stage and non-binding, offering no near-term revenue. Expect continued pressure on stock until core profitability improves.
Key Facts
- Revenue of $678M, up 2% YoY ($665M)
- GAAP diluted EPS $0.03 vs $(0.31) last year, driven by $55.8M gain on debt extinguishment
- Non-GAAP loss per share $(0.06), same as prior year
- Operating cash flow $5M, down from $12.6M in Q1 2025
- Private Cloud revenue declined 6% YoY to $235M
- FY2026 guidance: Non-GAAP loss per share $(0.15)-$(0.20)
- Announced non-binding MOU with AMD for governed enterprise AI infrastructure
- Total debt $2.7B, cash $94M
Financial Impact
Non-GAAP losses persist; cash flow halved; guidance implies continued negative earnings.
Risk Factors
- Declining Private Cloud revenue (down 6% YoY)
- Negative Non-GAAP earnings and low operating cash flow
- High leverage ($2.7B debt) with thin liquidity ($94M cash)
- Restructuring and transformation costs may persist
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001810019-26-000041 |
| Document: 0001810019-26-000041-index.html | 0001810019-26-000041 |
| Document: 0001810019-26-000041.txt | 0001810019-26-000041 |
| 8-K Data (Synthetic) | 0001810019-26-000041 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
5d ago
|
Insider Cluster
| $5.38 awaiting T+20 | awaiting T+20 | — | $4.51 (−16.17%) |
|
Jun 5, 2026
5d ago
|
144
| $5.38 awaiting T+20 | awaiting T+20 | — | $4.51 (−16.17%) |
|
May 7, 2026
4w ago
|
8-K
| $3.52 $5.21 | ▼ −48.01% | ▼ −44.88% | $4.51 (−28.13%) |
|
May 7, 2026
4w ago
|
Press Release
| $3.52 $5.21 | ▲ +48.01% | ▲ +44.88% | $4.51 (+28.13%) |
|
Apr 16, 2026
7w ago
|
Press Release
| $1.47 $7.29 | ▲ +395.92% | ▲ +390.55% | $4.51 (+206.80%) |
|
Apr 3, 2026
9w ago
|
8-K
| $0.9480 $2.01 | ▲ +112.03% | ▲ +103.04% | $4.51 (+375.74%) |
|
Mar 18, 2026
11w ago
|
Press Release
| $1.85 $1.33 | ▼ −28.11% | ▼ −34.15% | $4.51 (+143.78%) |
|
Mar 18, 2026
12w ago
|
Insider Cluster
| $1.85 $1.33 | ▼ −28.11% | ▼ −34.15% | $4.51 (+143.78%) |
|
Mar 10, 2026
13w ago
|
Press Release
| $1.95 $0.9720 | ▼ −50.15% | ▼ −50.00% | $4.51 (+131.28%) |
|
Mar 2, 2026
14w ago
|
Insider Cluster
| $2.22 $1.00 | ▼ −54.95% | ▼ −47.02% | $4.51 (+103.15%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access