Craft

Rackspace Technology

Stock Price

$1.6

2024-03-27

Market Capitalization

$387.4 M

2024-01-11

Revenue

$3 B

FY, 2023

Rackspace Technology Summary

Company Summary

Overview
Rackspace Technology is a company that designs, builds, and operates private and public end-to-end multi-cloud technology platforms. It serves customers through an integrated services portfolio organized in two segments: Multicloud Services and Apps and Cross Platform Services. The Multicloud Services segment includes public and private cloud managed services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. The Apps and Cross Platform Services segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security, and data services.
Type
Public
Status
Active
Founded
1998
HQ
San Antonio, TX, US | view all locations
Website
https://www.rackspace.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Amar Maletira

    Amar Maletira, Chief Executive Officer, Director

  • Srini Koushik

    Srini Koushik, President, Technology and Sustainability

  • Michael Bross

    Michael Bross, Chief Legal Officer

  • Mark Marino

    Mark Marino, Chief Financial Officer

Operating MetricsView all

Bookings

$314.6M

Q3, 2021

ARR

$2.9B
12.6%

Q3, 2021

Remaining Performance Obligations

$754M
14.0%

Q3, 2021

LocationsView all

30 locations detected

  • San Antonio, TX HQ

    United States

    1 Fanatical Pl

  • Franklin, NJ

    United States

    202 Campus Drive

  • Reston, VA

    United States

    1902 Campus Commons Drive

  • Melbourne, VIC

    Australia

    Level 17-20, 15 William Street

  • Sydney, NSW

    Australia

    Level 1, 37 Pitt Street

  • Sydney, NSW

    Australia

    Level 31, 20 Bond Street

and 24 others

Rackspace Technology Financials

Summary Financials

Revenue (FY, 2023)
$3.0B
Gross profit (FY, 2023)
$628.8M
Net income (FY, 2023)
($837.8M)
Cash (FY, 2023)
$196.8M
EBIT (FY, 2023)
($899.4M)
Enterprise value
$3.6B

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