NASDAQ$RXT
Rackspace Technology Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Rackspace Technology reported Q1 2026 revenue of $678.1M with net income of $8.3M and diluted EPS of $0.03.
For the quarter ended March 31, 2026, Rackspace revenue was $678.1 million versus $665.4 million. Net income was $8.3 million compared with a loss of $71.5 million a year ago, aided by a $55.8 million gain on debt extinguishment. Diluted EPS was $0.03 versus a loss of $0.31. Loss from operations narrowed to $17.8 million.
- Revenue of $678.1M (+2% YoY).
- Net income of $8.3M after debt gain.
- Diluted EPS of $0.03.
- Cloud and managed hosting transition ongoing.
- Adjusted EBITDA trends discussed in MD&A.
Headline financials
Revenue & EPS history
Rackspace · Revenue · Quarterly
$678M
Forward guidance
Turnaround story; annual guidance on calls. 10-Q discusses customer churn and cloud mix.
Tailwinds
- Returned to GAAP profitability.
- Debt restructuring reduced interest burden.
Headwinds
- Core operations still loss-making before gains.
- Competitive cloud pricing pressure.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
+2.3%
Avg return
Earnings day
+1.8%
Avg return
5 days after
-6.8%
Avg return
30 days after
48%
12 / 25 earnings
Positive
+67.4%
Q4 2025
Best reaction
-20.6%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +55.5% | +63.2% | +33.1% | |
| Q4 2025 | +67.4% | +82.2% | -22.2% | |
| Q3 2025 | -15.3% | -18.5% | -30.1% | |
| Q1 2025 | -13.4% | -11.1% | -18.1% | |
| Q4 2024 | +0.7% | -9.0% | -35.1% | |
| Q3 2024 | +8.6% | -13.3% | -10.4% | |
| Q2 2024 | +6.1% | +13.2% | -0.5% | |
| Q1 2024 | +5.9% | +11.3% | +17.7% | |
| Q4 2023 | -14.8% | +14.9% | +13.0% | |
| Q3 2023 | -1.8% | -10.0% | +7.9% | |
| Q2 2023 | +13.6% | +6.6% | +0.9% | |
| Q1 2023 | -14.0% | -18.7% | +16.2% | |
| Q4 2022 | -2.6% | -14.2% | -35.8% | |
| Q3 2022 | +22.1% | +17.5% | -33.4% | |
| Q2 2022 | -17.6% | -18.2% | -29.7% | |
| Q1 2022 | -10.9% | +4.0% | -13.3% | |
| Q4 2021 | -20.6% | -6.5% | -7.3% | |
| Q3 2021 | +12.5% | +3.4% | -9.4% | |
| Q2 2021 | -14.5% | -17.0% | -12.7% | |
| Q1 2021 | -19.9% | -18.0% | -10.8% | |
| Q4 2020 | -14.8% | -14.0% | -1.8% | |
| Q3 2020 | -1.7% | -7.2% | +13.1% | |
| Q4 2019 | +8.6% | +1.4% | -0.2% | |
| Q2 2019 | +8.6% | +1.4% | -0.2% | |
| Q2 2020 | +8.6% | +1.4% | -0.2% | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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