Rackspace Technology Balance Sheet
NASDAQ: RXTTechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Rackspace Technology financial position
At the end of fiscal 2025, Rackspace Technology reported total assets of $2.80 billion, down 8.3% from a year earlier against total liabilities of $4.02 billion. Shareholders' equity was negative at -$1.22 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $105.8 million in cash and equivalents against $2.75 billion of debt, a net debt position of $2.64 billion.
The current ratio (current assets divided by current liabilities) was 0.68, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Rackspace Technology balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 105.80M | 144.00M | 196.80M | 228.40M | 272.80M | 104.70M | 83.80M | 254.30M |
| Receivables | 266.50M | 298.80M | 339.70M | 622.20M | 554.30M | 483.00M | 350.30M | — |
| Total Current Assets | 517.80M | 618.80M | 738.10M | 1.07B | 989.50M | 758.50M | 543.70M | — |
| Property, Plant & Equipment | 596.30M | 601.00M | 608.80M | 628.30M | 826.70M | 884.60M | 727.80M | — |
| Goodwill | 740.10M | 735.70M | 1.45B | 2.16B | 2.71B | 2.76B | 2.75B | 2.47B |
| Intangible Assets | 698.30M | 844.70M | 1.02B | 1.24B | 1.47B | 1.65B | 1.82B | — |
| Total Assets | 2.80B | 3.05B | 4.10B | 5.46B | 6.33B | 6.38B | 6.27B | — |
| Accounts Payable | 413.90M | 389.60M | 432.70M | 447.30M | 369.50M | 285.40M | 260.40M | — |
| Short-Term Debt | 27.30M | 29.20M | 23.00M | 23.00M | 23.00M | 43.40M | 29.00M | — |
| Total Current Liabilities | 766.70M | 766.60M | 799.50M | 856.50M | 837.40M | 742.20M | 671.90M | — |
| Long-Term Debt | 2.72B | 2.76B | 2.84B | 3.30B | 3.31B | 3.32B | 3.84B | — |
| Total Liabilities | 4.02B | 4.06B | 4.25B | 4.83B | 5.00B | 4.99B | 5.37B | — |
| Shareholders' Equity | -1.22B | -1.00B | -154.50M | 629.50M | 1.33B | 1.38B | 898.80M | 907.80M |
| Retained Earnings | -3.91B | -3.68B | -2.82B | -1.99B | -1.18B | -963.30M | -717.50M | — |
| Total Debt | 2.75B | 2.79B | 2.86B | 3.32B | 3.33B | 3.36B | 3.87B | — |
| Net Cash (Debt) | -2.64B | -2.64B | -2.67B | -3.09B | -3.06B | -3.26B | -3.79B | 254.30M |
| Shares Outstanding | 245.30M | 229.10M | 217.40M | 212.60M | 211.20M | 201.80M | 165.40M | — |
This table shows 8 annual periods of Rackspace Technology's balance sheet, from FY 2025 back to FY 2018, across 17 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow RXT's reporting calendar. What is a balance sheet?