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Rackspace Technology RXT · USD

Information Technology · US listing · 🇺🇸 United States

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2.72

+7.51%

Close of 9 Nov 2026, in USD

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About Rackspace Technology

From its filings with the US Securities and Exchange Commission

SEC filings

Rackspace Technology is based in San Antonio, Texas and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker RXT. The SEC classifies its business as computer programming, data processing, etc.. In the fiscal year to 31 December 2025, it reported revenue of $2.69bn and a net loss of $225.8m. At that date it held total assets of $2.80bn and shareholders' equity of −$1.22bn.

In its own words

Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. We serve as a trusted operator of the full technology stack, from governed private cloud infrastructure to AI deployed in production environments. From edge to core to cloud, we design, integrate and operate the infrastructure, data foundations and software platforms required to deliver business outcomes with predictable cost, resilience, security and compliance. Our solutions are purpose-built for regulated and mission-critical environments where uptime, data sovereignty and operational accountability are essential.

Cloud infrastructure has become the foundation of enterprise technology and AI is now reshaping how that infrastructure must be designed, operated and governed.

In addition, the cost to maintain a company-owned data center (known in industry parlance as “on-premises” or “on-prem” data centers) has become cost prohibitive since companies must constantly upgrade hardware, maintain physical infrastructure and constantly apply security patches to counteract emerging security threats. Companies are also looking to reduce their on-premises operations budgets to fund the build-out of their cloud management operations and skill base.

Quoted from its 10-K, filed 6 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
IT Services
Listed since
5 Aug 2020
Employees
5,000
Head office
19122 US HIGHWAY 281N, SAN ANTONIO, TX
Incorporated in
DE
Classification
Services-Computer Programming, Data Processing, Etc.
Filer status
Accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Jeffrey BenjaminIndependent Chairman of the Board$250,909
  • Mr. Gajen KandiahChief Executive Officer, Director, since 2025
  • Mr. Amar MaletiraNon-Employee Vice Chairman of the Board, since 2020$8.4m
  • Mr. Mark MarinoExecutive Vice President, Chief Financial Officer$5.6m
  • Ms. Kellie Teal-GuessExecutive Vice President, Chief Human Resources Officer
  • Mr. Dharmendra SinhaExecutive Vice President, President - Public Cloud Business Unit$3.9m
  • Mr. Vikram MahidharDirector
  • Mr. Aaron SobelDirector
  • Ms. Betsy AtkinsIndependent Director$230,909
  • Mr. Mitchell GarberIndependent Director$274,648
  • Mr. Mark GrossIndependent Director$301,806
  • Mr. Anthony RobertsIndependent Director$230,909

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
47
Environment
37
Social
85
Governance
18
Direct emissions (scope 1)
848 t
Energy emissions (scope 2)
111,497 t
Value chain emissions (scope 3)
1.127 t
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Rackspace Technology Inc benefits from several key strengths that contribute to its success in the market. These strengths include:

Weaknesses

  • While Rackspace Technology Inc has numerous strengths, it also faces certain weaknesses that can pose challenges to its growth and competitive position. These weaknesses include:

Opportunities

  • Rackspace Technology Inc can explore several opportunities to further enhance its market position and gain a competitive edge. These opportunities include:

Threats

  • Rackspace Technology Inc operates in a competitive and rapidly evolving market, facing several threats that can hinder its progress. These threats include:

Sources and methodology

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