Rackspace Technology (RXT) Q3 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Rackspace Technology posted a modest but clean beat in Q3 2025, with revenue of $671.20 million edging past the $666.83 million consensus by 0.65% and a non-GAAP loss per share of $0.05 beating the $0.05 estimate by 1.19%, even as total revenue slipp… Read more Rackspace Technology posted a modest but clean beat in Q3 2025, with revenue of $671.20 million edging past the $666.83 million consensus by 0.65% and a non-GAAP loss per share of $0.05 beating the $0.05 estimate by 1.19%, even as total revenue slipped 0.7% year-over-year. The headline narrative was one of stabilization rather than acceleration, with the company's two segments pulling in opposite directions: Public Cloud revenue grew 0.8% to $421.60 million while Private Cloud fell 3.1% to $249.60 million. The most dramatic improvement came at the GAAP level, where operating losses narrowed sharply to $33.90 million from $173.70 million a year ago, largely because Q3 2024 carried a $141.70 million goodwill impairment charge that did not recur. Adjusted EBITDA rose to $69.30 million from $65.80 million, and operating cash flow reached $71.00 million for the quarter. Still, the stock slipped in after-hours trading as investors weighed the persistent losses against a Q4 revenue outlook of $664.00 million to $678.00 million and non-GAAP loss per share guidance of $0.03 to $0.05.