RXT · Rackspace Technology, Inc.
Price & Indicators
Up next
Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 9, 2026TL;DR. Rackspace announced a $250 million at-the-market equity offering to fund GPU infrastructure under its AMD partnership (30 MW target by end of 2028, ~$450–600M revenue opportunity) while lowering FY26 revenue outlook by $150M and EBITDA outlook by $20M to exit low-margin public cloud and co-location revenue.
- + Launched $250M primary ATM equity offering to fund enterprise AI growth
- + First AMD GPU deployment of nearly 2 MW targeted by end of 2026, scaling to 30 MW
- + Rackspace-Palantir joint deployment closed in 41 days and reduced quote cycle times by 94%
- + Earned 400+ Palantir certifications, becoming one of the most certified Palantir workforces
- + Private Cloud Q2 revenue up 5.5% YoY to $263M
- − FY26 total revenue outlook cut by $150M to $2.45–$2.55B (down 7% YoY at midpoint)
- − FY26 Adjusted EBITDA guidance lowered by $20M to $285–$295M from prior $305–$315M
- − Public Cloud FY26 outlook cut by $125M as company exits low-margin infrastructure resale
- − Q2 net loss widened to $(68)M from $(55)M and GAAP loss per share to $(0.27) from $(0.23)
- − Q2 Public Cloud revenue declined 2.3% YoY to $407M amid hyperscaler direct contracting
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $137.1M | Six Months Ended June 30, 2026 | — |
| Non-GAAP Loss Per Share non-GAAP | -$0.14 | Six Months Ended June 30, 2026 | — |
| Non-GAAP Net Loss non-GAAP | -$35.4M | Six Months Ended June 30, 2026 | — |
| Non-GAAP Operating Profit non-GAAP | $58.1M | Six Months Ended June 30, 2026 | — |
| Private Cloud segment operating margin non-GAAP | 23.2% | Six Months Ended June 30, 2026 | — |
| Private Cloud segment operating profit non-GAAP | $115.4M | Six Months Ended June 30, 2026 | — |
| Public Cloud segment operating margin non-GAAP | 4.7% | Six Months Ended June 30, 2026 | — |
| Public Cloud segment operating profit non-GAAP | $39.7M | Six Months Ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Infrastructure — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
RXT
this stock
Rackspace Technology, Inc.
|
$1.01B | +283.6% | -1.9% | — | 10.6% |
|
MSFT
Microsoft Corp
|
$3.83T | +6.1% | +6.9% | 28.8 | 0.9% |
|
PLTR
Palantir Technologies Inc.
|
$455.79B | +5.2% | +56.2% | 162.1 | 2.5% |
|
ORCL
Oracle Corp
|
$414.55B | -29.6% | +17.3% | 21.5 | 1.7% |
|
PANW
Palo Alto Networks Inc
|
$306.54B | +115.7% | +29.0% | — | 2.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| RXT | -8.0% | +24.2% | +321.4% | +19.0% | +283.6% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -7.4% | +24.1% | +309.2% | +19.6% | +271.8% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.