The table below shows Rackspace Technology, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$2.69B
$2.74B
$2.96B
$3.12B
$3.01B
$2.71B
Cost of revenue
$2.18B
$2.20B
$2.33B
$2.27B
$2.07B
$1.72B
Gross profit
$506.40M
$533.40M
$628.80M
$856.90M
$936.80M
$984.40M
R&D
$39.10M
$45.40M
$43.70M
$24.50M
$28.30M
$36.70M
RXT annual revenue (10-K history)
Rackspace Technology, Inc. reported annual revenue of $2.69B for fiscal year 2025. That is down 1.9% from $2.74B in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $2.45B (FY 2018) to $2.69B. Figures come from the company's audited annual reports as filed with the SEC.
