Rackspace Technology Quarterly Balance Sheet
NASDAQ: RXTTechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Rackspace Technology financial position
As of Jun 30, 2026, Rackspace Technology reported total assets of $2.75 billion, down 5.2% from a year earlier against total liabilities of $4.03 billion. Shareholders' equity was negative at -$1.28 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $110.6 million in cash and equivalents against $2.79 billion of debt, a net debt position of $2.68 billion.
The current ratio (current assets divided by current liabilities) was 0.76, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Rackspace Technology balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 110.60M | 93.60M | 105.80M | 99.50M | 103.90M | 128.00M | 144.00M | 157.10M | 190.20M | 282.60M | 196.80M | 277.80M |
| Receivables | 278.70M | 265.80M | 266.50M | 273.90M | 253.90M | 269.00M | 298.80M | 311.80M | 322.80M | 303.30M | 339.70M | 348.70M |
| Total Current Assets | 555.90M | 535.10M | 517.80M | 540.90M | 548.40M | 581.80M | 618.80M | 648.70M | 696.30M | 788.30M | 738.10M | 845.10M |
| Property, Plant & Equipment | 574.60M | 587.10M | 596.30M | 589.00M | 594.80M | 594.00M | 601.00M | 616.30M | 612.20M | 617.00M | 608.80M | 614.40M |
| Goodwill | 738.70M | 738.80M | 740.10M | 739.70M | 741.10M | 737.30M | 735.70M | 739.70M | 877.70M | 877.70M | 1.45B | 1.45B |
| Intangible Assets | 635.80M | 667.10M | 698.30M | 732.70M | 770.20M | 807.50M | 844.70M | 883.40M | 921.50M | 960.20M | 1.02B | 1.06B |
| Total Assets | 2.75B | 2.77B | 2.80B | 2.85B | 2.89B | 2.97B | 3.05B | 3.15B | 3.39B | 3.52B | 4.10B | 4.28B |
| Accounts Payable | 394.80M | 413.60M | 413.90M | 415.10M | 389.80M | 388.90M | 389.60M | 407.90M | 401.90M | 410.20M | 432.70M | 416.80M |
| Short-Term Debt | 24.80M | 26.60M | 27.30M | 30.40M | 33.40M | 25.80M | 29.20M | 27.10M | 54.00M | 20.30M | 23.00M | 47.40M |
| Total Current Liabilities | 735.50M | 785.60M | 766.70M | 766.20M | 715.40M | 734.80M | 766.60M | 768.90M | 771.40M | 753.90M | 799.50M | 824.80M |
| Long-Term Debt | 2.76B | 2.68B | 2.72B | 2.74B | 2.77B | 2.76B | 2.76B | 2.78B | 2.82B | 2.97B | 2.84B | 3.01B |
| Total Liabilities | 4.03B | 3.98B | 4.02B | 4.03B | 4.01B | 4.04B | 4.06B | 4.10B | 4.15B | 4.30B | 4.25B | 4.46B |
| Shareholders' Equity | -1.28B | -1.22B | -1.22B | -1.19B | -1.12B | -1.07B | -1.00B | -949.70M | -756.20M | -787.20M | -154.50M | -182.80M |
| Retained Earnings | -3.97B | -3.90B | -3.91B | -3.88B | -3.81B | -3.75B | -3.68B | -3.63B | -3.44B | -3.46B | -2.82B | -2.85B |
| Total Debt | 2.79B | 2.71B | 2.75B | 2.77B | 2.80B | 2.79B | 2.79B | 2.81B | 2.87B | 2.99B | 2.86B | 3.06B |
| Net Cash (Debt) | -2.68B | -2.61B | -2.64B | -2.67B | -2.70B | -2.66B | -2.64B | -2.65B | -2.68B | -2.71B | -2.67B | -2.78B |
| Shares Outstanding | 251.70M | 249.10M | 245.30M | 243.60M | 239.00M | 237.30M | 229.10M | 227.60M | 225.60M | 223.50M | 217.40M | 216.40M |
This table shows 12 quarterly periods of Rackspace Technology's balance sheet, from Q2 2026 back to Q3 2023, 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?