Rackspace Technology Net Debt Growth & History (RXT)

Rackspace Technology's net debt was $3.12B for fiscal 2025.

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Rackspace Technology annual net debt history

Rackspace Technology annual net debt

Fiscal yearPeriod endedNet debtChangeGrowth
20252025-12-31$3.12B$3.3M+0.11%
20242024-12-31$3.12B−$48.7M−1.54%
20232023-12-31$3.17B−$436.8M−12.11%
20222022-12-31$3.61B−$39.0M−1.07%
20212021-12-31$3.65B−$191.2M−4.98%
20202020-12-31$3.84B−$364.7M−8.68%
20192019-12-31$4.20B

Rackspace Technology net debt trends

Over the last five fiscal years, Rackspace Technology's net debt decreased from $3.84B to $3.12B, a change of −$712.4M. The latest reported quarter, Q2 2026, shows $3.15B.

About the metric

What net debt means

Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.

Calculation and source

How net debt is calculated

TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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