Welcome to our dedicated page for Rackspace Technology SEC filings (Ticker: RXT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Rackspace Technology, Inc. filings document the company's public-company disclosures as a hybrid cloud and AI solutions provider. Recent Form 8-K reports cover quarterly and annual operating results, including Private Cloud and Public Cloud revenue trends, cash flow measures, and related earnings releases.
Rackspace's proxy and current reports also record governance matters, board and executive changes, executive compensation, equity-award disclosures, and separation or employment-related arrangements. These filings provide formal disclosure on the company's management structure, director elections, compensation practices, and material events affecting its reporting obligations.
Rackspace Technology, Inc. is offering, through an Equity Distribution Agreement with Goldman Sachs & Co. LLC, up to $250,000,000 of its common stock in an at-the-market program priced at market rates. Sales may occur on Nasdaq or by negotiated transactions, block trades, direct purchases by the Sales Agent or other methods permitted by law.
The Sales Agent will receive a 1.5% commission on gross proceeds and will be deemed an underwriter for Securities Act purposes; Rackspace agreed to customary indemnification and expense reimbursement. The company states proceeds are intended for general corporate purposes, including working capital, capital expenditures and GPU-related growth capital.
Rackspace Technology launched a new at-the-market equity program, allowing sales of up to $250 million of common stock through Goldman Sachs at a 1.5% commission. The company also amended its accounts receivable securitization facility, extending the scheduled termination date from September 29, 2026 to July 2, 2029 and permitting the facility limit to rise from $300 million to a maximum of $350 million.
For Q2 2026, Rackspace expects revenue of $641–$649 million, GAAP net loss of $(91)–$(62) million, loss from operations of $(53)–$(33) million, non-GAAP operating profit of $19–$23 million and Adjusted EBITDA of $58–$62 million. The full-year 2026 outlook has been reduced, with revenue now guided to $2.45–$2.55 billion versus a prior $2.60–$2.70 billion range, and Adjusted EBITDA to $285–$295 million versus $305–$315 million, maintaining a 12% margin.
The company outlines an Enterprise AI growth strategy, planning cumulative AI capacity of 2 MW by the end of 2026, 15 MW by the end of 2027 and 30 MW by the end of 2028. It expects annual revenue of $15–$20 million per MW, implying $450–$600 million of annual revenue at 30 MW, with anticipated Adjusted EBITDA margins of 50%+ for the Enterprise AI business.
Rackspace Technology, Inc. is offering up to $250,000,000 of its common stock under an Equity Distribution Agreement dated July 9, 2026 as an at‑the‑market offering through Goldman Sachs & Co. LLC.
Sales may occur from time to time at market prices on Nasdaq or by other permitted methods; the Sales Agent will receive a 1.5% commission. Net proceeds are intended for general corporate purposes, including working capital, capital expenditures and growth capital (including GPU‑related costs). The company’s Nasdaq symbol is RXT and the closing price on July 6, 2026 was $6.43 per share.
Rackspace Technology, Inc. filed an automatic shelf registration statement on July 9, 2026 to register a range of securities, including common stock, preferred stock, debt securities, depositary shares, warrants, rights, purchase contracts and units. The registration permits one or more offerings from time to time and contemplates both issuer offerings and sales by selling stockholders.
The prospectus states that each offering will be described in a prospectus supplement and that net proceeds to the Company, when offered by the issuer, will be used for general corporate purposes such as debt repayment, working capital, capital expenditures and potential share repurchases. The prospectus incorporates by reference the Company’s SEC reports, and discloses 253,908,600 shares of common stock outstanding as of July 6, 2026.
Rackspace Technology, Inc. director Weston Michael Arlo filed an initial Form 3, which is a required statement of beneficial ownership for new insiders. This filing, as presented, lists no reportable transactions or derivative positions and shows no buy or sell activity. It functions mainly as an administrative baseline disclosure rather than signaling any change in ownership or trading activity.
Rackspace Technology, Inc. director Anthony C. Roberts reported routine equity compensation and related tax withholding. He received 37,950 shares of common stock as a grant/award tied to restricted stock units under the company’s Non-Employee Director Compensation Policy. On the same date, 35,472 shares were withheld by Rackspace to cover withholding tax liability at a reference price of $7.22 per share, a non-market, tax-related disposition. After these transactions, Roberts directly owned 215,463 shares of Rackspace common stock. The underlying RSUs are scheduled to vest on the earlier of the next annual stockholder meeting or the one-year anniversary of the grant, as long as he continues serving on the board.
Rackspace Technology director Scott Anthony received a grant of 37,950 restricted stock units (RSUs) of Common Stock as director compensation. The RSUs were granted at no cash cost per share and are exempt under Section 16b-3. Each RSU converts into one Rackspace share upon vesting. The RSUs will vest on the earlier of the next annual stockholders’ meeting or one year from the grant date, if he remains on the board. After this award, Anthony directly holds 228,995 shares, showing this is an additional equity-based compensation grant rather than an open-market purchase.
Rackspace Technology, Inc. director Mitchell Alan Garber received an equity grant in the form of restricted stock units. He was awarded 37,950 RSUs of common stock at no cash cost, increasing his direct holdings to 411,810 shares. Each RSU converts into one share upon vesting. The RSUs vest on the earlier of the next annual stockholder meeting or one year from the grant date, as long as he continues serving on the board.
Rackspace Technology, Inc. director Benjamin D. Jeffrey received a grant of 71,156 restricted stock units as equity compensation. These RSUs convert into an equal number of common shares upon vesting. The units vest on the earlier of the next annual stockholder meeting or one year after the grant date, as long as he remains on the board. Following this award, he directly holds 636,318 shares of Rackspace common stock.
Rackspace Technology, Inc. reported the voting results from its June 18, 2026 annual stockholder meeting. Of 249,222,499 common shares outstanding as of the record date, 204,090,027 shares, or 81.89%, were represented in person or by proxy, establishing a quorum.
Stockholders elected Class III directors Gajen Kandiah and Michael Weston, each receiving over 146.8 million votes in favor. They also ratified KPMG LLP as independent auditor for the year ending December 31, 2026, with approximately 203.0 million votes for and relatively few votes against or abstentions.
On an advisory basis, stockholders approved the compensation of the named executive officers, with about 145.8 million votes for and 2.2 million against. Stockholders also approved an amendment to the 2020 Equity Incentive Plan to increase the number of shares authorized under the plan, with approximately 136.5 million votes for and 11.5 million against.