Rackspace (RXT) Revenue & Revenue Breakdown
Rackspace Revenue Highlights
Latest Revenue (Y)
$2.74B
Latest Revenue (Q)
$666.30M
Main Segment (Y)
Multi-Cloud Services Segment
Main Geography (Y)
Americas
Rackspace Revenue by Period
Rackspace Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-12-31 | $2.74B | -7.44% |
| 2023-12-31 | $2.96B | -5.29% |
| 2022-12-31 | $3.12B | 3.75% |
| 2021-12-31 | $3.01B | 11.17% |
| 2020-12-31 | $2.71B | 11.03% |
| 2019-12-31 | $2.44B | -0.60% |
| 2018-12-31 | $2.45B | 14.37% |
| 2017-12-31 | $2.14B | - |
Rackspace generated $2.74B in revenue during NA 2024, up -7.44% compared to the previous quarter, and up 112.26% compared to the same period a year ago.
Rackspace Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-06-30 | $666.30M | 0.14% |
| 2025-03-31 | $665.40M | -2.95% |
| 2024-12-31 | $685.60M | 1.45% |
| 2024-09-30 | $675.80M | -1.33% |
| 2024-06-30 | $684.90M | -0.85% |
| 2024-03-31 | $690.80M | -4.02% |
| 2023-12-31 | $719.70M | -1.73% |
| 2023-09-30 | $732.40M | -1.86% |
| 2023-06-30 | $746.30M | -1.63% |
| 2023-03-31 | $758.70M | -3.60% |
| 2022-12-31 | $787.00M | -0.08% |
| 2022-09-30 | $787.60M | 1.99% |
| 2022-06-30 | $772.20M | -0.43% |
| 2022-03-31 | $775.50M | -0.23% |
| 2021-12-31 | $777.30M | 1.94% |
| 2021-09-30 | $762.50M | 2.51% |
| 2021-06-30 | $743.80M | 2.47% |
| 2021-03-31 | $725.90M | 1.35% |
| 2020-12-31 | $716.20M | 5.06% |
| 2020-09-30 | $681.70M | 3.84% |
| 2020-06-30 | $656.50M | 0.58% |
| 2020-03-31 | $652.70M | 4.08% |
| 2019-12-31 | $627.10M | 4.22% |
| 2019-09-30 | $601.70M | -0.12% |
| 2019-06-30 | $602.40M | -0.74% |
| 2019-03-31 | $606.90M | - |
Rackspace generated $666.30M in revenue during Q2 2025, up 0.14% compared to the previous quarter, and up 96.45% compared to the same period a year ago.
Rackspace Revenue Breakdown
Rackspace Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|
| Multi-Cloud Services Segment | $2.57B | $2.45B | $2.14B |
| OpenStack Public Cloud Segment | $150.50M | $182.80M | $229.00M |
| Apps & Cross Platform Segment | $396.90M | $377.60M | $336.60M |
Rackspace's latest annual revenue breakdown by segment (product or service), as of Dec 22: Multi-Cloud Services Segment (82.47%), Apps & Cross Platform Segment (12.71%), and OpenStack Public Cloud Segment (4.82%).
Quarterly Revenue by Product
| Product/Service | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Multi-Cloud Services Segment | $651.80M | $649.70M | $633.30M | $640.10M | $639.30M | $625.10M | $605.10M | $579.60M | $572.50M | $542.10M | $519.00M |
| Apps & Cross Platform Segment | $100.50M | $101.50M | $100.10M | $94.80M | $94.80M | $92.80M | $92.70M | $97.30M | $91.30M | $83.90M | $79.90M |
| OpenStack Public Cloud Segment | $34.70M | $36.40M | $38.80M | $40.60M | $43.20M | $44.60M | $46.00M | $49.00M | $52.40M | $55.70M | $57.60M |
Rackspace's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Multi-Cloud Services Segment (82.82%), Apps & Cross Platform Segment (12.77%), and OpenStack Public Cloud Segment (4.41%).
Rackspace Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 24 | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|---|
| EMEA | $620.00M | $620.00M | $626.60M | $632.90M | $585.20M |
| Other Foreign Countries | $421.40M | $437.00M | $391.50M | $310.20M | $175.50M |
| UNITED STATES | $1.85B | $2.04B | $2.21B | $2.16B | $1.95B |
| Americas | $1.99B | $2.18B | $2.34B | $2.25B | $2.03B |
| Asia Pacific | $126.70M | $155.70M | $154.00M | $123.20M | $94.10M |
Rackspace's latest annual revenue breakdown by geography, as of Dec 24: Americas (39.76%), UNITED STATES (36.91%), EMEA (12.38%), Other Foreign Countries (8.42%), and Asia Pacific (2.53%).
Quarterly Revenue by Country
| Country | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OpenStack Public Cloud Segment | $34.70M | $36.40M | $38.80M | $40.60M | $43.20M | $44.60M | $46.00M | $49.00M | $52.40M | $55.70M | $57.60M |
| Multi-Cloud Services Segment | $651.80M | $649.70M | $633.30M | $640.10M | $639.30M | $625.10M | $605.10M | $579.60M | $572.50M | $542.10M | $519.00M |
| Apps & Cross Platform Segment | $100.50M | $101.50M | $100.10M | $94.80M | $94.80M | $92.80M | $92.70M | $97.30M | $91.30M | $83.90M | $79.90M |
Rackspace's latest quarterly revenue breakdown by geography, as of Dec 22: Multi-Cloud Services Segment (82.82%), Apps & Cross Platform Segment (12.77%), and OpenStack Public Cloud Segment (4.41%).
Rackspace Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| RXT | Rackspace | $2.74B | $666.30M |
| LSAK | Lesaka | $328.70M | $146.82M |
| RPAY | Repay | $313.04M | $75.63M |
| MTLS | Materialise | $250.88M | $64.01M |
| STEM | Stem | $144.58M | $32.51M |
| PAYS | PaySign | $58.38M | $19.08M |
| REKR | Rekor Systems | $46.03M | $12.36M |
| ATGL | Alpha Technology Group | $8.69M | $401.85K |
| PDYN | Palladyne AI | $6.15M | $1.71M |
| DFDV | DeFi Development | $2.10M | $287.17K |