Rackspace Technology Overview
- Year Founded
-
1998
- Status
-
Public
- Employees
-
5,800
- Stock Symbol
-
RXT
- Investments
-
27
- Share Price
-
$1.85
- (As of Tuesday Closing)
Rackspace Technology General Information
Description
Rackspace Technology Inc is an end-to-end, hybrid, multi cloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. The company's solutions include Application Services; Data; Colocation; Cloud; Managed Hosting; Professional Services; and Security & Compliance. It operates in segments namely, Private Cloud, and Public Cloud. It generates revenue through the sale of consumption-based contracts for its service offerings and from the sale of professional services related to designing and building custom solutions.
Contact Information
Website
www.rackspace.comCorporate Office
- 19122 US Highway
- 281N Street 128
- San Antonio, TX 78258-7667
- United States
Corporate Office
- 19122 US Highway
- 281N Street 128
- San Antonio, TX 78258-7667
- United States
Rackspace Technology Stock Performance
As of 18-Mar-2025, Rackspace Technology’s stock price is $1.85. Its current market cap is $424M with 229M shares.
(As of Tuesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.85 | $1.95 | $1.45 - $3.41 | $424M | 229M | 883K | -$3.84 |
Rackspace Technology Financials Summary
As of 31-Dec-2024, Rackspace Technology has a trailing 12-month revenue of $2.74B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 3,658,527 | 3,658,527 | 3,750,014 | 4,230,874 |
| Revenue | 2,737,100 | 2,737,100 | 2,957,100 | 3,122,300 |
| EBITDA | (420,500) | (420,500) | (189,900) | (241,700) |
| Net Income | (862,600) | (862,600) | (837,800) | (804,800) |
| Total Assets | 3,051,000 | 3,051,000 | 4,096,200 | 5,456,700 |
| Total Debt | 3,281,900 | 3,281,900 | 3,381,000 | 3,852,100 |
Rackspace Technology Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Rackspace Technology Comparisons
Industry
Financing
Details
Rackspace Technology Competitors (86)
One of Rackspace Technology’s 86 competitors is Dell Technologies, a Formerly PE-Backed company based in Round Rock, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Dell Technologies | Formerly PE-Backed | Round Rock, TX | ||||
| E2E Networks | Formerly VC-backed | New Delhi, India | ||||
| NTT Data Group | Corporation | Tokyo, Japan | ||||
| Amazon Web Services | Corporation | Seattle, WA | ||||
| Juniper Networks | Formerly VC-backed | Sunnyvale, CA |
Rackspace Technology Patents
Rackspace Technology Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20170364540-A1 | Normalized searchable cloud layer | Inactive | 25-Jul-2013 | ||
| US-20170257269-A1 | Network controller with integrated resource management capability | Inactive | 15-Mar-2013 | ||
| AU-2014236926-A1 | Software-defined multinetwork bridge | Active | 15-Mar-2013 | ||
| AU-2014236926-B2 | Software-defined multinetwork bridge | Inactive | 15-Mar-2013 | ||
| EP-2974157-A1 | Software-defined multinetwork bridge | Active | 15-Mar-2013 | H04L12/46 |
Rackspace Technology Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Rackspace Technology Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Rackspace Technology Investments & Acquisitions (27)
Rackspace Technology’s most recent deal was a Merger/Acquisition with Just Analytics for . The deal was made on 18-Jan-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Just Analytics | 18-Jan-2022 | Merger/Acquisition | Business/Productivity Software | ||
| Bright Skies | 05-Nov-2020 | Merger/Acquisition | Systems and Information Management | ||
| Onica | 04-Nov-2019 | Buyout/LBO | IT Consulting and Outsourcing | ||
| RelationEdge | 17-May-2018 | Buyout/LBO | Media and Information Services (B2B) | ||
| Datapipe | 16-Nov-2017 | Buyout/LBO | Systems and Information Management |
Rackspace Technology ESG
Risk Overview
Risk Rating
Updated December, 14, 2024
22.27 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,946
Rank
Percentile
Software & Services
Industry
of 950
Rank
Percentile
Data Processing
Subindustry
of 89
Rank
Percentile
Rackspace Technology Exits (9)
Rackspace Technology’s most recent exit was on 30-Aug-2016 from Cloud Technology Partners. The exit was categorized as with 4 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Cloud Technology Partners | 30-Aug-2016 | Completed |
|
||
| CrowdStrike Holdings | 13-Jul-2015 | Completed |
|
||
| ScaleFT | 11-May-2015 | Completed |
|
||
| Infrastructure Upgrade | 22-Jul-2014 | Completed |
|
||
| SocialRest | 11-Mar-2014 | Accelerator/Incubator | Completed |
Rackspace Technology Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| RelationEdge | San Diego, CA | 2013 | |
| Mosso | San Antonio, TX | 2006 | |
| Onica | Santa Monica, CA | 1983 |
Rackspace Technology FAQs
-
When was Rackspace Technology founded?
Rackspace Technology was founded in 1998.
-
Where is Rackspace Technology headquartered?
Rackspace Technology is headquartered in San Antonio, TX.
-
What is the size of Rackspace Technology?
Rackspace Technology has 5,800 total employees.
-
What industry is Rackspace Technology in?
Rackspace Technology’s primary industry is Systems and Information Management.
-
Is Rackspace Technology a private or public company?
Rackspace Technology is a Public company.
-
What is Rackspace Technology’s stock symbol?
The ticker symbol for Rackspace Technology is RXT.
-
What is the current stock price of Rackspace Technology?
As of 18-Mar-2025 the stock price of Rackspace Technology is $1.85.
-
What is the current market cap of Rackspace Technology?
The current market capitalization of Rackspace Technology is $424M.
-
What is Rackspace Technology’s current revenue?
The trailing twelve month revenue for Rackspace Technology is $2.74B.
-
Who are Rackspace Technology’s competitors?
Dell Technologies, E2E Networks, NTT Data Group, Amazon Web Services, and Juniper Networks are some of the 86 competitors of Rackspace Technology.
-
What is Rackspace Technology’s annual earnings per share (EPS)?
Rackspace Technology’s EPS for 12 months was -$3.84.
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