Rackspace demonstrated strong growth in Private Cloud bookings and strategic initiatives in AI, with positive operating profit increases. However, there were challenges with revenue declines in both Private and Public Cloud segments and a negative free cash flow for the quarter.

Company Guidance

During Rackspace Technology's second quarter 2025 earnings call, the company reported results that met or exceeded their expectations across key metrics. Revenue and operating profit surpassed the midpoint of their guided range, while EPS remained within the guided range, marking the 12th consecutive quarter of meeting or exceeding guidance. Bookings, measured by annual contract value, grew 2% sequentially and 16% year-over-year, with Private Cloud bookings increasing 24% sequentially and 42% year-over-year. Non-GAAP operating profit rose 34% year-over-year, and the company generated positive cash from operations of $8 million. Rackspace also outlined its focus on strategic expansion into the mid-market and enterprise segments, along with AI-based innovations and partnerships. For the third quarter, Rackspace expects GAAP revenue between $660 million and $674 million, with non-GAAP operating profit projected at $30 million to $32 million, and a non-GAAP loss per share between $0.04 and $0.06. The company anticipates strong free cash flow generation in the second half of 2025, aiming to exit the year with $70 million to $80 million in positive free cash flow.

Strong Bookings and Revenue Growth in Private Cloud

Private Cloud bookings grew 24% sequentially and 42% year-over-year, driven by large deals across key industries. Revenue for Private Cloud was $250 million, in line with guidance.

Public Cloud Services Revenue Growth

Public Cloud services bookings increased 6% sequentially, with revenue totaling $417 million, surpassing guidance. Services revenue grew 3% sequentially and remained flat year-over-year.

AI and Strategic Alliances

Rackspace announced a strategic alliance with Sema4.ai and launched the Fair Model Context Protocol Enterprise Accelerator on AWS Marketplace. AI initiatives reported over 80 wins with 235 opportunities in the pipeline.

Non-GAAP Operating Profit Increase

Non-GAAP operating profit grew 34% year-over-year, with positive cash from operations of $8 million for the quarter.

Positive Free Cash Flow Outlook

The company expects strong free cash flow generation in the second half of 2025, positioning to exit the year with $70 million to $80 million in positive free cash flow.

Rackspace Technology (RXT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RXT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	-0.04 / -	-0.04	―	―	―
Aug 07, 2025	2025 (Q2)	-0.05 / -0.06	-0.08	25.00% (+0.02)
May 08, 2025	2025 (Q1)	-0.08 / -0.06	-0.11	45.45% (+0.05)
Feb 20, 2025	2024 (Q4)	-0.04 / -0.02	-0.03	33.33% (<+0.01)
Nov 12, 2024	2024 (Q3)	-0.07 / -0.04	-0.04	0.00% (0.00)
Aug 08, 2024	2024 (Q2)	-0.11 / -0.08	-0.06	-33.33% (-0.02)
May 09, 2024	2024 (Q1)	-0.13 / -0.11	-0.02	-450.00% (-0.09)
Mar 12, 2024	2023 (Q4)	-0.04 / -0.03	0.06	-150.00% (-0.09)
Nov 07, 2023	2023 (Q3)	-0.05 / -0.04	0.1	-140.00% (-0.14)
Aug 08, 2023	2023 (Q2)	-0.08 / -0.06	0.17	-135.29% (-0.23)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RXT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$1.27	$1.21	-4.72%
May 08, 2025	$1.44	$1.26	-12.50%
Feb 20, 2025	$2.88	$2.90	+0.69%
Nov 12, 2024	$2.86	$3.03	+5.94%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Rackspace Technology (RXT) report earnings?

Rackspace Technology (RXT) is schdueled to report earning on Nov 18, 2025, After Close (Confirmed).

What is Rackspace Technology (RXT) earnings time?

Rackspace Technology (RXT) earnings time is at Nov 18, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RXT EPS forecast?

RXT EPS forecast for the fiscal quarter 2025 (Q3) is -0.04.

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