![]() Rackspace Technology Rackspace Technology is a company that designs, builds, and operates end-to-end multi-cloud technology platforms. | ![]() NetApp NetApp is an intelligent data infrastructure company that provides data storage and cloud operations solutions. | ![]() Red Hat Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions. | |||
Founding Date | Founding Date 2009 | Founding Date 1998 | Founding Date 1992 | Founding Date 1993 | Founding Date 1998 |
Type | Type Public | Type Public | Type Public | Type Subsidiary | Type Subsidiary |
Tags | |||||
Locations | Locations San Jose, US HQ Brisbane, AU Canberra, AU Melbourne, AU Sydney, AU Manama, BH Antwerpen, BE see more | Locations San Antonio, US HQ Melbourne, AU Sydney, AU Toronto, CA Alexandria, EG Giza, EG Hamburg, DE see more | Locations San Jose, US HQ Brisbane, AU Bruce, AU Canberra, AU Melbourne, AU North Sydney, AU Vienna, AT see more | Locations Raleigh, US HQ Buenos Aires, AR Brisbane, AU Canberra, AU Melbourne, AU Perth, AU Sydney, AU see more | Locations Palo Alto, US HQ |
Employees | Employees 7,8009% increase | Employees 5,0002% decrease | Employees 11,7001% decrease | Employees 19,5851% decrease | Employees 38,300 |
Valuation ($) | Valuation ($) 13.1 b | Valuation ($) 540.2 m | Valuation ($) 27.2 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $2.5b (FY, 2025) | Revenue (est.) $2.7b (FY, 2025) | Revenue (est.) $6.6b (FY, 2025) | Revenue (est.) $5.6b (Y, 2021) | Revenue (est.) $13.4b (FY, 2023) |
Cost of goods | Cost of goods $334.8m (FY, 2025) | Cost of goods $2.2b (FY, 2025) | Cost of goods $2b (FY, 2025) | Cost of goods N/A | Cost of goods $2.5b (FY, 2023) |
Gross profit | Gross profit $2.2b (FY, 2025) | Gross profit $506.4m (FY, 2025) | Gross profit $4.6b (FY, 2025) | Gross profit N/A | Gross profit $10.9b (FY, 2023) |
Net income | Net income $188.4m (FY, 2025) | Net income ($225.8m) (FY, 2025) | Net income $1.2b (FY, 2025) | Net income $732m (Y, 2021) | Net income $1.3b (FY, 2023) |
Operating ⚠ | |||||
ARR | ARR N/A | ARR $2.9b (Q3, 2021) | ARR N/A | ARR N/A | ARR $5.3b (Q2, 2023) |
Backlog | Backlog N/A | Backlog N/A | Backlog N/A | Backlog $3.9b (Q1, 2020) | Backlog $22m (Q2, 2023) |
Countries | Countries N/A | Countries 120 (FY, 2020) | Countries N/A | Countries 40 (Feb, 2024) | Countries N/A |
Industries Served | Industries Served N/A | Industries Served N/A | Industries Served N/A | Industries Served 16 (Feb, 2024) | Industries Served 8 (Feb, 2025) |
Product Categories | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories 6 (Feb, 2024) | Product Categories 2 (Feb, 2025) |
Remaining Performance Obligations | Remaining Performance Obligations N/A | Remaining Performance Obligations $754m (Q3, 2021) | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations $12.9b (Q2, 2023) |
Solutions | Solutions N/A | Solutions N/A | Solutions N/A | Solutions 5 (Feb, 2024) | Solutions 4 (Feb, 2025) |
Trademarks (US) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) 57 (Feb, 2024) | Trademarks (US) 88 (Feb, 2025) |
Funding | |||||
Total funding raised | Total funding raised $ 1.1b | Total funding raised $ 17.8m | Total funding raised N/A | Total funding raised $ 203.3m | Total funding raised $ 393.5m |

Rackspace Technology is a company that designs, builds, and operates end-to-end multi-cloud technology platforms.
View company
NetApp is an intelligent data infrastructure company that provides data storage and cloud operations solutions.
View company
Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions.
View company
VMware is a company that provides cloud computing and virtualization technology services.
View company