Rackspace Technology Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Rackspace Technology Inc (RXT). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Public Cloud | – | $1.47B 48.9% | $1.74B 55.7% · +18.2% | $1.74B 58.9% · +0.2% | $1.68B 61.5% · -3.4% | $1.70B 63.1% · +0.8% |
| Private Cloud | – | $1.54B 51.1% | $1.38B 44.3% · -10.0% | $1.21B 41.1% · -12.2% | $1.05B 38.5% · -13.2% | $989.7M 36.9% · -6.1% |
| Multicloud Services | $2.14B 79.1% | – | – | – | – | – |
| Apps & Cross Platform | $336.6M 12.4% | – | – | – | – | – |
| OpenStack Public Cloud | $229.0M 8.5% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Public Cloud | – | – | $120.7M 6.9% | $81.8M 4.7% | $44.2M 2.6% | $67.6M 4.0% |
| Private Cloud | – | – | $496.2M 35.9% | $343.0M 28.2% | $294.4M 27.9% | $252.4M 25.5% |
| Multicloud Services | – | – | – | – | – | – |
| Apps & Cross Platform | – | – | – | – | – | – |
| OpenStack Public Cloud | – | – | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $2.04B 68.8% | $1.85B 67.5% · -9.2% | $1.78B 66.3% · -3.6% |
| Other Foreign Countries | $437.0M 14.8% | $421.4M 15.4% · -3.6% | $539.1M 20.1% · +27.9% |
| United Kingdom | $484.5M 16.4% | $468.0M 17.1% · -3.4% | $365.2M 13.6% · -22.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 20, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.