Rackspace Hosting provides managed cloud services in the business information technology market worldwide. The Company provides a portfolio of integrated IT solutions for business needs across two primary form factors, dedicated cloud and private clouds, and managed public clouds. Its dedicated cloud services comprise a customer portal and other management tools for managing the data center, network, hardware devices, and operating system software, public cloud services include multi-tenant pools of computing resources delivered on-demand over the Internet, and private cloud services consist of a pool of computing resources for a specific customer. The Company also provides hybrid hosting. Its managed support services include dedicated customer care and technical support. The Company also offers specialized services for certain applications, business-productivity applications, and data stores, as well as customer services.

TypeSubsidiary
Parent CompanyApollo Global Management
HQSan Antonio, US
Founded1998
Websiterackspace.com
Rackspace Hosting was founded in 1998 and is headquartered in San Antonio, US
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Key People/Management at Rackspace Hosting

Joe Eazor

Joe Eazor

CEO
Louis Alterman

Louis Alterman

CFO
Joel Friedman

Joel Friedman

Chief Technology Officer
Matt Bradley

Matt Bradley

Chief Strategy Officer
Rick Froehlich

Rick Froehlich

Chief Sales Officer
Matt Bates

Matt Bates

Chief Transformation Officer
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Rackspace Hosting Office Locations

Rackspace Hosting has offices in Brisbane City, Melbourne, México, San Antonio and in 15 other locations
San Antonio, US (HQ)
1 Fanatical Place City of Windcrest
Berwyn, US
850 Cassatt Rd
Blacksburg, US
1691 Innovation Drive
Milwaukee, US
730 324 E Wisconsin Ave
New York, US
151 W 34th St
Norwell, US
100 141 Longwater Dr
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Rackspace Hosting Financials and Metrics

Summary Metrics

Founding Date

1998

Total Funding

$17.8 m

Investors

Rackspace Hosting is a subsidiary of Apollo Global Management

Rackspace Hosting Revenue

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Rackspace Hosting's revenue was reported to be $2 b in FY, 2015 which is a 11.5% increase from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

1.5b1.8b2.0b

Revenue growth, %

17%12%

Cost of goods sold

494.8m587.5m681.6m

Gross profit

1.0b1.2b1.3b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

421.0m441.1m459.8m480.2m489.4m508.9m518.1m523.6m516.2m

Cost of goods sold

140.4m145.1m143.0m162.8m165.4m172.7m180.4m171.5m183.9m

Gross profit

280.6m296.1m316.8m317.4m324.0m336.2m337.7m352.1m332.3m

Gross profit Margin, %

67%67%69%66%66%66%65%67%64%
Annual
USDFY, 2013FY, 2014FY, 2015

Cash

259.7m213.5m484.7m

Accounts Receivable

123.9m156.5m174.4m

Prepaid Expenses

30.8m33.6m46.6m

Current Assets

439.0m412.4m718.4m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

313.8m340.3m349.5m275.7m317.1m189.0m534.2m544.3m632.1m

Accounts Receivable

118.5m130.9m134.6m154.0m160.1m174.9m170.9m168.6m166.0m

Prepaid Expenses

27.2m27.2m42.3m32.3m33.6m55.5m49.3m45.1m49.0m

Current Assets

483.4m517.7m554.0m479.1m537.9m440.7m765.3m772.6m864.3m
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

85.3m107.4m122.4m

Depreciation and Amortization

313.1m371.9m399.9m

Accounts Payable

35.3m55.4m49.2m

Cash From Operating Activities

444.1m542.5m583.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

25.4m47.9m73.6m27.5m55.8m91.3m48.8m84.6m123.2m

Depreciation and Amortization

87.8m178.4m276.7m96.9m194.6m295.9m104.0m208.6m309.5m

Accounts Payable

30.3m52.0m93.9m26.9m42.9m45.7m20.8m41.2m15.6m

Cash From Operating Activities

141.7m266.2m391.6m145.3m268.2m379.6m156.2m321.1m469.9m
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Rackspace Hosting Operating Metrics

FY, 2013FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q2, 2016Q3, 2016Feb, 2018

Countries

120 120 120 120 120

Customers

200 k300 k300 k300 k300 k300 k

Data Centers

11 11 11

Openstack Managed Server Hours

1 b
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Rackspace Hosting Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
RelationEdge LLCMay 17, 2018
DatapipeSeptember 11, 2017
TriCore SolutionsMay 24, 2017
ZeroVMOctober 24, 2013
Airbrake.ioMarch 28, 2013
ObjectRocketFebruary 27, 2013
Anso LabsFebruary 09, 2011
CloudkickDecember 16, 2010
Jungle DiskOctober 23, 2008
SlicehostOctober 22, 2008
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Rackspace Hosting Revenue Breakdown

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Rackspace Hosting revenue breakdown by geographic segment: 31.7% from International and 68.3% from United States

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Rackspace Hosting Online and Social Media Presence

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Rackspace Hosting Company Life and Culture

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