Rackspace stock price, funding rounds, valuation and financials

Rackspace has raised $17.80 m in total funding. Rackspace annual revenue was $2 b in FY 2015

$516.2 M

Rackspace Revenue Q3, 2016
Rackspace Gross profit (Q3, 2016)332.3 M
Rackspace Gross profit margin (Q3, 2016), %64.4%
Rackspace Net income (Q3, 2016)38.6 M
Rackspace EBIT (Q3, 2016)70.2 M
Rackspace Cash, 30-Sept-2016632.1 M

Rackspace Revenue

Rackspace revenue was $2 b in FY, 2015 which is a 11.5% year over year increase from the previous period.

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Rackspace Funding

Summary Metrics

Founding Date

1998

Rackspace total Funding

$17.8 m

Rackspace latest funding size

$11.50 m

Time since last funding

20 years ago

Rackspace investors

Rackspace's latest funding round in April 2000 was reported to be $11.5 m. In total, Rackspace has raised $17.8 m

Rackspace Revenue Breakdown

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

Rackspace Income Statement

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

Gross profit Margin, %

68%67%66%

Sales and marketing expense

208.4m237.6m243.5m

R&D expense

90.2m117.0m124.9m

General and administrative expense

297.5m322.1m351.4m

Operating expense total

596.1m676.7m719.8m

Depreciation and amortization

313.1m371.9m399.9m

EBIT

130.8m158.3m200.0m

EBIT margin, %

9%9%10%

Interest expense

3.1m1.9m11.3m

Interest income

700.0k2.0m1.2m

Pre tax profit

128.4m154.4m187.5m

Income tax expense

43.1m47.0m65.1m

Net Income

85.3m107.4m122.4m

Rackspace Balance Sheet

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

PP&E

890.8m1.1b1.1b

Goodwill

81.1m81.1m81.1m

Total Assets

1.5b1.6b2.0b

Accounts Payable

122.0m137.3m136.3m

Short-term debt

37.9m40.1m1.7m

Current Liabilities

258.5m276.8m236.9m

Long-term debt

25.2m1.5m492.4m

Total Debt

64.9m41.6m494.1m

Total Liabilities

436.4m546.9m1.0b

Common Stock

141.0k100.0k100.0k

Additional Paid-in Capital

636.7m696.0m834.5m

Retained Earnings

423.1m393.8m169.7m

Total Equity

1.1b1.1b968.1m

Debt to Equity Ratio

0.1 x0 x0.5 x

Debt to Assets Ratio

0 x0 x0.2 x

Financial Leverage

1.4 x1.5 x2.1 x

Rackspace Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015

Net Income

85.3m107.4m122.4m

Depreciation and Amortization

313.1m371.9m399.9m

Accounts Receivable

(34.5m)(41.7m)(28.3m)

Accounts Payable

35.3m55.4m49.2m

Cash From Operating Activities

444.1m542.5m583.6m

Purchases of PP&E

(452.6m)(430.3m)(474.9m)

Cash From Investing Activities

(464.2m)(428.1m)(479.4m)

Long-term Borrowings

(1.9m)(1.9m)(165.1m)

Cash From Financing Activities

(11.8m)(157.3m)171.5m

Net Change in Cash

(32.4m)(46.2m)271.2m

Interest Paid

3.2m1.8m4.0m

Income Taxes Paid

14.9m13.5m17.8m

Rackspace Ratios

USDY, 2016

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2 x

Rackspace Operating Metrics

Rackspace's Customers was reported to be 140 k in Apr, 2018.
FY, 2013FY, 2014FY, 2015Q2, 2016Q3, 2016Apr, 2018May, 2019Oct, 2019

Customers

200 k300 k300 k140 k

Countries

120 120 120 120 120 150 150

Data Centers

11 11 11 19 19

Openstack Managed Server Hours

1 b1 b

Certifications

4.04 k3.20 k

Platforms

15