Nutanix Competitors and Similar CompaniesClear all
Rackspace Technology's competitors and similar companies include Red Hat and VMware.
 Rackspace Technology Rackspace Technology is a company that designs, builds, and operates end-to-end multi-cloud technology platforms. |  Red Hat Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions. | ||
Founding Date | Founding Date 1998 | Founding Date 1993 | Founding Date 1998 |
Type | Type Public | Type Subsidiary | Type Subsidiary |
Tags | |||
Locations | Locations San Antonio, US HQ Melbourne, AU Sydney, AU Toronto, CA Alexandria, EG Giza, EG Hamburg, DE 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 5,0002% decrease | Employees 19,5851% decrease | Employees 38,300 |
Financial | |||
Revenue (est.) | Revenue (est.) $2.7b (FY, 2025) | Revenue (est.) $5.6b (Y, 2021) | Revenue (est.) $13.4b (FY, 2023) |
Cost of goods | Cost of goods $2.2b (FY, 2025) | Cost of goods N/A | Cost of goods $2.5b (FY, 2023) |
Gross profit | Gross profit $506.4m (FY, 2025) | Gross profit N/A | Gross profit $10.9b (FY, 2023) |
Net income | Net income ($225.8m) (FY, 2025) | Net income $732m (Y, 2021) | Net income $1.3b (FY, 2023) |
Operating ⚠ | |||
ARR | ARR $2.9b (Q3, 2021) | ARR N/A | ARR $5.3b (Q2, 2023) |
Backlog | Backlog N/A | Backlog $3.9b (Q1, 2020) | Backlog $22m (Q2, 2023) |
Countries | Countries 120 (FY, 2020) | Countries 40 (Feb, 2024) | Countries N/A |
Industries Served | Industries Served N/A | Industries Served 16 (Feb, 2024) | Industries Served 8 (Feb, 2025) |
Product Categories | Product Categories N/A | Product Categories 6 (Feb, 2024) | Product Categories 2 (Feb, 2025) |
Remaining Performance Obligations | Remaining Performance Obligations $754m (Q3, 2021) | Remaining Performance Obligations N/A | Remaining Performance Obligations $12.9b (Q2, 2023) |
Solutions | Solutions N/A | Solutions 5 (Feb, 2024) | Solutions 4 (Feb, 2025) |
Trademarks (US) | Trademarks (US) N/A | Trademarks (US) 57 (Feb, 2024) | Trademarks (US) 88 (Feb, 2025) |
Funding | |||
Total funding raised | Total funding raised $ 17.8m | Total funding raised $ 203.3m | Total funding raised $ 393.5m |
For sources of this data, please see the company profile
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Red Hat
HQ
Raleigh, US
Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions.
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VMware
HQ
Palo Alto, US
VMware is a company that provides cloud computing and virtualization technology services.
View company