Every material Form 8-K Rackspace Technology, Inc. has filed with the SEC since July 09, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Rackspace Technology reported third-quarter 2026 revenue of $609 million, down 9.3% from a year earlier, with Public Cloud revenue down 17.2% and Private Cloud revenue up 4.2%. The net loss narrowed to $54 million, or $0.21 per share, from $67 million, or $0.28 per share, a year earlier. The company raised its full-year 2026 revenue outlook by $35 million at the midpoint and kept its non-GAAP operating profit and Adjusted EBITDA outlook unchanged.
Q3 2026 revenue was $609 million, down 9.3% from $671 million in Q3 2025; Public Cloud fell 17.2% to $349 million and Private Cloud rose 4.2% to $260 million.
Net loss narrowed to $54 million ($0.21 per share) from $67 million ($0.28 per share); non-GAAP operating profit rose 12% to $36 million.
Full-year 2026 total revenue outlook is $2.51 billion to $2.56 billion, raised by $35 million at the midpoint; the profit outlook was maintained.
As of September 30, 2026, cash and cash equivalents were $108 million and total liquidity was $170 million; Q3 capital expenditures were $104 million.
Rackspace Technology said its President, Public Cloud, Dharmendra Kumar Sinha, is expected to leave the role on or about September 14, 2026. The company said the departure is not due to any disagreement over its operations, policies or practices, and a separation agreement is being negotiated.
Dharmendra Kumar Sinha expected to depart as President, Public Cloud, effective on or about September 14, 2026
Departure is not the result of any disagreement with the company on operations, policies or practices
Separation agreement under negotiation, expected to follow his employment agreement terms and include customary releases and restrictive covenants
Separation agreement expected to be filed as an exhibit to the Form 10-Q for the period ending September 30, 2026
Rackspace reported second quarter 2026 revenue of $670 million, up 0.6% from a year earlier, as Private Cloud grew 5.5% while Public Cloud fell 2.3%. The net loss widened to $68 million, or $(0.27) per diluted share, from $55 million, or $(0.23), a year earlier, and the company issued full-year 2026 guidance.
Second quarter revenue was $670 million, up 0.6%; Private Cloud revenue rose 5.5% to $263 million and Public Cloud revenue fell 2.3% to $407 million.
Net loss was $68 million, or $(0.27) per diluted share, versus $55 million, or $(0.23), in the second quarter of 2025.
Non-GAAP Operating Profit was $27 million, flat year over year; cash used in operating activities was $32 million in the quarter.
FY 2026 guidance: total revenue of $2,450 million to $2,550 million and Non-GAAP Loss Per Share of $(0.25) to $(0.30).
Rackspace Technology cut its fiscal 2026 revenue outlook by $150 million to a $2.45 billion to $2.55 billion range and its Adjusted EBITDA outlook by $20 million to $285 million to $295 million, citing resource prioritization, supply constraints and exits from lower-margin Public Cloud resale. The company also reported preliminary second-quarter 2026 results showing a GAAP net loss of $62 million to $91 million, and set up a $250 million at-the-market stock offering and a receivables facility extension, which together give it additional funding capacity.
Preliminary Q2 2026 GAAP net loss of $(91) million to $(62) million, or $(0.36) to $(0.25) per diluted share; revenue expected at $641 million to $649 million
FY26 revenue outlook lowered to $2.45 billion to $2.55 billion from $2.6 billion to $2.7 billion; Public Cloud outlook cut by $125 million and Private Cloud by $25 million
FY26 Adjusted EBITDA outlook lowered to $285 million to $295 million from $305 million to $315 million
Equity Distribution Agreement with Goldman Sachs & Co. LLC for up to $250 million of common stock; receivables facility maturity extended to July 2, 2029 with a limit increase of up to $50 million to $350 million
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