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Rackspace Technology Inc (Rackspace) is a multi-cloud technology services company. The company provides managed hosting, collocation, managed cloud, professional and security and compliance services. It offers multi-cloud and cross-platform services. Rackspace's multi-cloud services comprise public and private cloud-managed services, professional services and colocation services. The company also offers managed hosting, managed multi cloud security and data services. It serves automotive, education, consumer goods, oil and gas, travel and hospitality, retail, public sectors, saas and isv, food and beverage and healthcare industries. The company operates in the Americas, Europe, the Middle East and Asia-Pacific. Rackspace is headquartered in San Antonio, Texas, the US.
Headquarters
United States of America
Address
19122 Us Highway 281n, Suite 128, San Antonio, Texas, 78258-7667
Website
www.rackspace.com
Telephone
1 800 9614454
No of Employees
5,000
Industry
Technology and Communications
Ticker Symbol & Exchange
RXT (NASD)
Revenue (2024)
$2.7B
-1.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
73.7%
(2024 vs 2023)
Market Cap*
$980.1M
Net Profit Margin (2024)
XYZ
73.2%
(2024 vs 2023)
* As of and is in US$
Rackspace Technology Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Cloud: | Rackspace Fabric |
| Cloud Adoption and Migration | Fanatical Experience |
| Rackspace Elastic Engineering for Hyperscalers | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company partnered with Palantir Technologies Inc. and introduced an operating model framework to support regulated and sovereign enterprises in operating AI in production. |
| 2026 | Corporate Changes/Expansions | In June, the company launched its regional headquarters in Riyadh, Saudi Arabia. |
| 2026 | Contracts/Agreements | In May, the company signed an MoU with AMD to develop an Enterprise AI Cloud purpose-built for regulated enterprises and sovereign workloads. |
Competitor Comparison
| Key Parameters | Rackspace Technology Inc | Accenture Plc | International Business Machines Corp | Capgemini SE | Cognizant Technology Solutions Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | Ireland | United States of America | France | United States of America |
| City | San Antonio | Dublin | Armonk | Paris | Teaneck |
| State/Province | Texas | - | New York | Ile-de-France | New Jersey |
| No. of Employees | 5,000 | 779,000 | 286,800 | 423,405 | 357,600 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeffrey Benjamin | Chairman; Director | Executive Board | 2016 | 63 |
| Gajen Kandiah | Chief Executive Officer; Director | Executive Board | 2025 | - |
| Mark Marino | Chief Financial Officer | Senior Management | 2024 | - |
| Kathleen Schneider | Chief Marketing Officer | Senior Management | 2024 | - |
| Michael Bross | Chief Legal Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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