Rackspace Historical Income Statement

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USD 2.68 0.04 1.52%

Historical analysis of Rackspace Technology income statement accounts such as Gross Profit of 710.4 M, Other Operating Expenses of 3 B, Cost Of Revenue of 2 B or Total Operating Expenses of 715.8 M can show how well Rackspace Technology performed in making a profits. Evaluating Rackspace Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rackspace Technology's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Rackspace Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rackspace Technology is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rackspace Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.

About Rackspace Income Statement Analysis

Rackspace Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Rackspace Technology shareholders. The income statement also shows Rackspace investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Rackspace Technology Income Statement Chart

At this time, Rackspace Technology's Selling General Administrative is comparatively stable compared to the past year. Total Revenue is likely to gain to about 3 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 439.8 M in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Rackspace Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Rackspace Technology minus its cost of goods sold. It is profit before Rackspace Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Rackspace Technology. It is also known as Rackspace Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Rackspace Technology income statement and represents the costs associated with goods and services Rackspace Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Rackspace Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rackspace Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rackspace Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.At this time, Rackspace Technology's Selling General Administrative is comparatively stable compared to the past year. Total Revenue is likely to gain to about 3 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 439.8 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	205.1M	208.5M	221.6M	198.6M
Depreciation And Amortization	490.7M	447.6M	442.9M	439.8M

Interest Expense Depreciation And Amortization

Rackspace Technology income statement Correlations

	Tax Provision	Net Interest Income	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Research Development	Non Operating Income Net Other	Non Recurring
Tax Provision		-0.52	-0.89	0.43	-0.52	0.81	0.52	0.7	-0.06	-0.59	-0.13	-0.46	0.66	-0.25	-0.88	-0.25	-0.67	-0.63	0.98	-0.44	-0.63	0.5	0.38
Net Interest Income	-0.52		0.2	-0.96	-0.03	0.01	-0.63	0.17	-0.24	-0.04	-0.47	-0.25	0.2	-0.2	0.18	-0.32	0.53	-0.03	-0.47	-0.26	-0.22	0.27	0.21
Depreciation And Amortization	-0.89	0.2		-0.06	0.8	-0.97	-0.14	-0.93	0.38	0.83	0.54	0.8	-0.91	0.59	1.0	0.58	0.34	0.85	-0.93	0.74	0.84	-0.82	-0.7
Interest Expense	0.43	-0.96	-0.06		0.21	-0.13	0.71	-0.29	0.44	0.22	0.6	0.4	-0.29	0.43	-0.04	0.46	-0.59	0.19	0.34	0.44	0.33	-0.42	-0.31
Selling General Administrative	-0.52	-0.03	0.8	0.21		-0.76	0.44	-0.81	0.84	0.91	0.77	0.88	-0.83	0.92	0.82	0.75	-0.22	0.85	-0.66	0.94	0.6	-0.9	-0.86
Total Revenue	0.81	0.01	-0.97	-0.13	-0.76		0.08	0.98	-0.36	-0.81	-0.62	-0.84	0.96	-0.58	-0.97	-0.62	-0.3	-0.84	0.85	-0.76	-0.93	0.86	0.72
Gross Profit	0.52	-0.63	-0.14	0.71	0.44	0.08		-0.1	0.78	0.31	0.63	0.39	-0.15	0.64	-0.1	0.51	-0.88	0.21	0.37	0.5	-0.06	-0.38	-0.46
Other Operating Expenses	0.7	0.17	-0.93	-0.29	-0.81	0.98	-0.1		-0.47	-0.85	-0.73	-0.91	0.99	-0.66	-0.94	-0.71	-0.14	-0.86	0.76	-0.83	-0.92	0.92	0.8
Operating Income	-0.06	-0.24	0.38	0.44	0.84	-0.36	0.78	-0.47		0.72	0.69	0.66	-0.49	0.91	0.42	0.68	-0.56	0.61	-0.24	0.81	0.25	-0.66	-0.66
Net Income From Continuing Ops	-0.59	-0.04	0.83	0.22	0.91	-0.81	0.31	-0.85	0.72		0.81	0.92	-0.85	0.83	0.85	0.91	0.04	0.99	-0.7	0.87	0.66	-0.92	-0.9
Ebit	-0.13	-0.47	0.54	0.6	0.77	-0.62	0.63	-0.73	0.69	0.81		0.94	-0.75	0.82	0.56	0.92	-0.38	0.8	-0.24	0.78	0.62	-0.9	-0.91
Ebitda	-0.46	-0.25	0.8	0.4	0.88	-0.84	0.39	-0.91	0.66	0.92	0.94		-0.91	0.83	0.82	0.9	-0.13	0.92	-0.56	0.86	0.79	-0.98	-0.94
Cost Of Revenue	0.66	0.2	-0.91	-0.29	-0.83	0.96	-0.15	0.99	-0.49	-0.85	-0.75	-0.91		-0.66	-0.92	-0.72	-0.1	-0.86	0.73	-0.84	-0.88	0.93	0.84
Total Operating Expenses	-0.25	-0.2	0.59	0.43	0.92	-0.58	0.64	-0.66	0.91	0.83	0.82	0.83	-0.66		0.61	0.77	-0.45	0.76	-0.41	0.92	0.49	-0.86	-0.77
Reconciled Depreciation	-0.88	0.18	1.0	-0.04	0.82	-0.97	-0.1	-0.94	0.42	0.85	0.56	0.82	-0.92	0.61		0.6	0.31	0.86	-0.93	0.76	0.83	-0.83	-0.73
Income Before Tax	-0.25	-0.32	0.58	0.46	0.75	-0.62	0.51	-0.71	0.68	0.91	0.92	0.9	-0.72	0.77	0.6		-0.14	0.91	-0.37	0.76	0.55	-0.87	-0.91
Total Other Income Expense Net	-0.67	0.53	0.34	-0.59	-0.22	-0.3	-0.88	-0.14	-0.56	0.04	-0.38	-0.13	-0.1	-0.45	0.31	-0.14		0.14	-0.55	-0.25	0.2	0.12	0.16
Net Income	-0.63	-0.03	0.85	0.19	0.85	-0.84	0.21	-0.86	0.61	0.99	0.8	0.92	-0.86	0.76	0.86	0.91	0.14		-0.72	0.82	0.7	-0.91	-0.89
Income Tax Expense	0.98	-0.47	-0.93	0.34	-0.66	0.85	0.37	0.76	-0.24	-0.7	-0.24	-0.56	0.73	-0.41	-0.93	-0.37	-0.55	-0.72		-0.57	-0.66	0.6	0.48
Selling And Marketing Expenses	-0.44	-0.26	0.74	0.44	0.94	-0.76	0.5	-0.83	0.81	0.87	0.78	0.86	-0.84	0.92	0.76	0.76	-0.25	0.82	-0.57		0.64	-0.93	-0.81
Research Development	-0.63	-0.22	0.84	0.33	0.6	-0.93	-0.06	-0.92	0.25	0.66	0.62	0.79	-0.88	0.49	0.83	0.55	0.2	0.7	-0.66	0.64		-0.79	-0.59
Non Operating Income Net Other	0.5	0.27	-0.82	-0.42	-0.9	0.86	-0.38	0.92	-0.66	-0.92	-0.9	-0.98	0.93	-0.86	-0.83	-0.87	0.12	-0.91	0.6	-0.93	-0.79		0.92
Non Recurring	0.38	0.21	-0.7	-0.31	-0.86	0.72	-0.46	0.8	-0.66	-0.9	-0.91	-0.94	0.84	-0.77	-0.73	-0.91	0.16	-0.89	0.48	-0.81	-0.59	0.92

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Rackspace Technology Account Relationship Matchups

Rackspace Technology income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	(20M)	(66.2M)	(30.8M)	(92.9M)	(89.2M)	(93.7M)
Net Interest Income	(329.9M)	(268.4M)	(205.1M)	(208.5M)	(226.3M)	(237.6M)
Depreciation And Amortization	561.1M	536.9M	490.7M	447.6M	442.9M	439.8M
Interest Expense	329.9M	268.4M	205.1M	208.5M	221.6M	198.6M
Selling General Administrative	871.8M	917.2M	873.2M	820.9M	632.4M	686.5M
Total Revenue	2.4B	2.7B	3.0B	3.1B	3.0B	3.0B
Gross Profit	1.0B	984.4M	936.8M	856.9M	628.8M	710.4M
Other Operating Expenses	2.3B	2.7B	3.0B	3.1B	3.1B	3.0B
Operating Income	101.6M	24.7M	29M	(8.4M)	(899.4M)	(854.4M)
Net Income From Continuing Ops	(102.3M)	(245.8M)	(218.3M)	(804.8M)	(1.1B)	(1.0B)
Ebit	101.6M	(57.8M)	(69.3M)	(695.8M)	(592.8M)	(563.2M)
Ebitda	662.7M	479.1M	421.4M	(248.2M)	(149.9M)	(142.4M)
Cost Of Revenue	1.4B	1.7B	2.1B	2.3B	2.3B	2.0B
Total Operating Expenses	911.7M	959.7M	906.8M	855.3M	767.2M	715.8M
Reconciled Depreciation	566.5M	536.9M	490.7M	447.6M	402.8M	440.9M
Income Before Tax	(122.3M)	(312M)	(249.1M)	(897.7M)	(854.4M)	(811.7M)
Total Other Income Expense Net	(223.9M)	(336.7M)	(246.6M)	(218.7M)	45M	47.3M
Net Income Applicable To Common Shares	(102.3M)	(245.8M)	(218.3M)	(804.8M)	(724.3M)	(688.1M)
Net Income	(102.3M)	(245.8M)	(218.3M)	(804.8M)	(837.8M)	(795.9M)
Income Tax Expense	(20M)	(66.2M)	(30.8M)	(92.9M)	(16.6M)	(17.4M)

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Rackspace Historical Income Statement

About Rackspace Income Statement Analysis

Rackspace Technology Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Rackspace Technology income statement Correlations

Rackspace Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rackspace Technology income statement Accounts

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Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income	+ 0.99	Net Income From Continuing Ops
Income Tax Expense	+ 0.98	Tax Provision
Other Operating Expenses	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.96	Total Revenue

Non Operating Income Net Other	- 0.98	Ebitda
Reconciled Depreciation	- 0.97	Total Revenue
Total Revenue	- 0.97	Depreciation And Amortization
Interest Expense	- 0.96	Net Interest Income
Non Recurring	- 0.94	Ebitda
Reconciled Depreciation	- 0.94	Other Operating Expenses