Rackspace Historical Income Statement
RXT Stock | USD 1.45 0.07 4.61% |
Historical analysis of Rackspace Technology income statement accounts such as Total Revenue of 3 B, Gross Profit of 676.9 M, Other Operating Expenses of 3.1 B or Research Development of 40.8 M can show how well Rackspace Technology performed in making a profits. Evaluating Rackspace Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rackspace Technology's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rackspace Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rackspace Technology is a good buy for the upcoming year.
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About Rackspace Income Statement Analysis
Rackspace Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Rackspace Technology shareholders. The income statement also shows Rackspace investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Rackspace Technology Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Rackspace Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Rackspace Technology minus its cost of goods sold. It is profit before Rackspace Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Rackspace Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rackspace Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rackspace Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.At this time, Rackspace Technology's Total Other Income Expense Net is comparatively stable compared to the past year.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 208.5M | 221.6M | 98M | 183.6M | Depreciation And Amortization | 447.6M | 442.9M | 363M | 421.7M |
Rackspace Technology income statement Correlations
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Rackspace Technology income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Tax Provision | (66.2M) | (30.8M) | (92.9M) | (89.2M) | (23.3M) | (24.5M) | |
Net Interest Income | (268.4M) | (205.1M) | (208.5M) | (226.3M) | (98M) | (102.9M) | |
Depreciation And Amortization | 536.9M | 490.7M | 447.6M | 442.9M | 363M | 421.7M | |
Interest Expense | 268.4M | 205.1M | 208.5M | 221.6M | 98M | 183.6M | |
Selling General Administrative | 917.2M | 873.2M | 820.9M | 632.4M | 707.6M | 667.3M | |
Selling And Marketing Expenses | 42.5M | 33.6M | 34.4M | 27.6M | 24.8M | 31.9M | |
Total Revenue | 2.7B | 3.0B | 3.1B | 3.0B | 2.7B | 3.0B | |
Gross Profit | 984.4M | 936.8M | 856.9M | 648.6M | 533.4M | 676.9M | |
Other Operating Expenses | 2.7B | 3.0B | 3.1B | 3.9B | 2.9B | 3.1B | |
Operating Income | 24.7M | 29M | (8.4M) | (899.4M) | (909.1M) | (863.6M) | |
Net Income From Continuing Ops | (245.8M) | (218.3M) | (804.8M) | (1.1B) | (858.2M) | (815.3M) | |
Ebit | (57.8M) | (69.3M) | (695.8M) | (592.8M) | (725.9M) | (689.6M) | |
Research Development | 36.7M | 28.3M | 24.5M | 43.7M | 39.3M | 40.8M | |
Ebitda | 479.1M | 421.4M | (248.2M) | (149.9M) | (362.9M) | (344.8M) | |
Cost Of Revenue | 1.7B | 2.1B | 2.3B | 2.3B | 2.2B | 2.0B | |
Total Operating Expenses | 959.7M | 906.8M | 855.3M | 1.5B | 1.4B | 1.2B | |
Reconciled Depreciation | 566.5M | 536.9M | 490.7M | 447.6M | 363M | 422.1M | |
Income Before Tax | (312M) | (249.1M) | (897.7M) | (854.4M) | (881.5M) | (837.4M) | |
Total Other Income Expense Net | (336.7M) | (246.6M) | (218.7M) | 45M | 27.6M | 29.0M | |
Net Income Applicable To Common Shares | (102.3M) | (245.8M) | (218.3M) | (804.8M) | (724.3M) | (688.1M) | |
Net Income | (245.8M) | (218.3M) | (804.8M) | (837.8M) | (858.2M) | (815.3M) | |
Income Tax Expense | (66.2M) | (30.8M) | (92.9M) | (16.6M) | (23.3M) | (24.5M) |
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When running Rackspace Technology's price analysis, check to measure Rackspace Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.