Rackspace Technology demonstrated strong performance in bookings and AI initiatives, with notable strategic wins in both Private and Public Cloud segments. However, challenges remain in overall revenue decline and free cash flow, with specific issues in Private Cloud revenue and margins.

Company Guidance -

Q3 2025

In the second quarter of 2025, Rackspace Technology met or exceeded its guidance across key financial metrics. Revenue and operating profit surpassed the midpoint of the guided range, while EPS was within expectations. The company saw a 2% sequential and 16% year-over-year increase in bookings as measured by annual contract value. Non-GAAP operating profit grew by 34% year-over-year, and cash from operations was positive at $8 million, demonstrating strong operational and financial discipline. Private Cloud bookings rose 24% sequentially and 42% year-over-year, despite a large healthcare deal being deferred to the third quarter. Public Cloud bookings increased 1% year-over-year, with services bookings growing 6% sequentially. Rackspace also reported a GAAP revenue of $666 million, down 3% year-over-year, with a non-GAAP gross profit margin of 19.8%. Looking ahead, Rackspace expects third-quarter GAAP revenue between $660 million and $674 million and aims for $70 million to $80 million in positive free cash flow by the end of 2025.

Consistent Performance and Guidance Achievement

Rackspace Technology met or exceeded expectations for the 12th consecutive quarter, with revenue and operating profit surpassing the midpoint of guidance, and EPS within the guided range.

Strong Growth in Private Cloud Bookings

Private Cloud bookings grew 24% sequentially and 42% year-over-year, driven by large, long-term deals across key industries like health care, BFSI, and telecom.

Innovative AI Initiatives

Rackspace's AI initiatives, such as the FAIR model and partnerships like Sema4.ai, are advancing with over 80 wins and 235 opportunities, with over 20% in advanced stages.

Positive Revenue and Service Growth in Public Cloud

Public Cloud services bookings increased 6% sequentially, and services revenue grew 3% sequentially, with an expected 10% to 20% year-on-year growth in Q4 2025.

Strategic Engagements and Wins

Rackspace secured strategic engagements, such as modernizing a large UK bank's edge infrastructure and a long-term agreement with a leading US healthcare provider.

AI and Public Cloud Performance

AI integration accelerated cloud migration timelines by 20% to 30% and reduced operational overhead by 10% to 20%.

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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