Rackspace Technology, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 10, 2026, covering the quarterly period ended June 30, 2026.

Key Highlights

  • Total assets: The company reported total assets of $2,745.3 million as of June 30, 2026, down from $2,799.8 million as of December 31, 2025.
  • Accumulated deficit: The accumulated deficit stood at $3,967.4 million as of June 30, 2026, compared with $3,908.2 million at December 31, 2025.
  • Total stockholders' deficit: Stockholders' deficit widened to $(1,281.1) million as of June 30, 2026, from $(1,219.5) million at December 31, 2025.
  • Total liabilities: Total liabilities were $4,026.4 million as of June 30, 2026, compared with $4,019.3 million at December 31, 2025.
  • Cash and cash equivalents: Cash and cash equivalents were $110.6 million at June 30, 2026, up from $105.8 million at December 31, 2025.
  • Shares outstanding: As of August 4, 2026, 254,872,850 shares of common stock, par value $0.01 per share, were outstanding.

Rackspace Technology Balance Sheet Position at June 30, 2026

According to the filing, Rackspace Technology, Inc. (NASDAQ: RXT) reported total assets of $2,745.3 million as of June 30, 2026, a decrease from $2,799.8 million at December 31, 2025. Current assets rose to $555.9 million from $517.8 million over the same period, with accounts receivable, net, increasing to $278.7 million from $266.5 million. Cash and cash equivalents improved slightly to $110.6 million from $105.8 million.

On the liabilities side, the company disclosed total liabilities of $4,026.4 million at June 30, 2026, compared with $4,019.3 million at year-end 2025. Non-current debt increased to $2,761.9 million from $2,718.7 million. Current liabilities declined to $735.5 million from $766.7 million. The company reported goodwill, net, of $738.7 million and intangible assets, net, of $635.8 million as of June 30, 2026.

The filing disclosed total stockholders' deficit of $(1,281.1) million at June 30, 2026, driven in part by an accumulated deficit of $3,967.4 million. Additional paid-in capital was $2,716.9 million, and accumulated other comprehensive income shifted to a loss of $(2.1) million from income of $7.5 million at December 31, 2025. The company noted that 248.4 million shares were issued and 245.3 million shares were outstanding at December 31, 2025, compared with 254.8 million issued and 251.7 million outstanding at June 30, 2026. Treasury stock remained at $(31.0) million, representing 3.1 shares held at cost. The filing contains forward-looking statements that the company states are subject to its cautionary language and the risk factors described in its Annual Report on Form 10-K for the year ended December 31, 2025.

What Was Disclosed

Rackspace Technology filed its Form 10-Q for the quarter ended June 30, 2026, disclosing condensed consolidated balance sheet data showing a widening stockholders' deficit, increased non-current debt, and a higher accumulated deficit relative to December 31, 2025.