RXT Q3 2021 Earnings — Rackspace Technology, Inc. Revenue & Financial Results | Market Cap Arena

RXTRackspace Technology, Inc.

$475M

Q3 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$763M+11.9% YoY

Gross Profit

$232M30.4% margin

Operating Income

-$3M-0.4% margin

Net Income

-$35M-4.6% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$102M

Free Cash Flow

$81M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$5.0B

Stockholders' Equity

$1.4B

Cash & Equivalents

$260M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$763M	$682M	+11.9%
Gross Profit	$232M	$246M	-5.7%
Operating Income	-$3M	-$15M	+80.3%
Net Income	-$35M	-$101M	+65.6%

Revenue Segments

Multi-Cloud Services Segment

$625M82%

Apps & Cross Platform Segment

$93M12%

OpenStack Public Cloud Segment

$45M6%