RXT Q2 2021 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$480M

Q2 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$744M+13.3% YoY

Gross Profit

$236M31.7% margin

Operating Income

$3M0.4% margin

Net Income

-$37M-4.9% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$106M

Free Cash Flow

$77M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$5.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$215M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$744M	$657M	+13.3%
Gross Profit	$236M	$242M	-2.6%
Operating Income	$3M	$23M	-87.2%
Net Income	-$37M	-$33M	-12.3%

Revenue Segments

Multi-Cloud Services Segment

$605M81%

Apps & Cross Platform Segment

$93M12%

OpenStack Public Cloud Segment

$46M6%