Welcome to our dedicated page for Rackspace Technology news (Ticker: RXT), a resource for investors and traders seeking the latest updates and insights on Rackspace Technology stock.
Rackspace Technology, Inc. (NASDAQ: RXT) is a Software – Infrastructure company that describes itself as an end-to-end hybrid cloud, multicloud, and AI solutions provider. The RXT news feed on Stock Titan aggregates company announcements, press releases, and third-party coverage that explain how Rackspace designs, builds, and operates cloud environments across major technology platforms.
News about Rackspace Technology often highlights developments in hybrid and multicloud services, AI-focused offerings, and partnerships with major cloud providers. Recent announcements have covered topics such as the launch of Rackspace AI launchpad, a managed service to help organizations evaluate, pilot, and deploy AI workloads, and the use of Rackspace AI Anywhere as a private cloud foundation for secure AI and machine learning capabilities. Other stories describe customer projects involving rapid migration of business-critical workloads to public cloud platforms and multicloud strategies that span providers like Microsoft Azure and Google Cloud.
Investors and technology professionals can also follow updates on certifications, awards, and industry recognitions. Rackspace Technology has reported achievements including VMware Sovereign Cloud certification for its UK Sovereign Services, an AWS Collaboration Partner of the Year award, and the AWS Automotive Competency, as well as leadership positions in the ISG Provider Lens™ Multi Public Cloud Services Report. Leadership changes, board updates, and financial results are typically announced through press releases and related SEC filings.
By monitoring this RXT news page, readers can review how Rackspace Technology communicates its progress in hybrid cloud, AI, data, and security services, along with examples of customer engagements in sectors such as automotive, retail, healthcare, financial services, and the public sector.
Rackspace Technology (NASDAQ: RXT) and AMD signed a Memorandum of Understanding on May 7, 2026 to create a governed Enterprise AI Cloud for regulated and sovereign workloads.
The MOU outlines a multiyear strategic collaboration to integrate AMD Instinct GPUs and EPYC CPUs into a fully managed, governed stack offering private/hybrid Enterprise AI Cloud, an Enterprise Inference Engine, Inference as a Service, and dedicated bare metal AMD Instinct compute with SLAs and operational accountability.
Rackspace Technology (Nasdaq: RXT) reported Q1 2026 results: revenue $678M (+2% reported, +1% constant currency). Public cloud revenue was $443M (+7%); Private cloud was $235M (-6%). Net income was $8M; loss from operations was $18M negative. Q1 cash and equivalents were $94M and total liquidity $295M. Rackspace announced an MoU with AMD on governed enterprise AI infrastructure. FY2026 guidance: revenue $2.6–2.7B, non-GAAP operating profit $160–170M, adjusted EBITDA $305–315M.
Rackspace Technology (NASDAQ: RXT) will release its first quarter 2026 financial results at 8:00 am ET on Thursday, May 7, 2026. A conference call with CEO Gajen Kandiah and CFO Mark Marino will follow at 8:30 am ET the same day.
Investors can listen via live webcast or replay on the company's investor relations site and must pre-register to obtain dial-in details and a PIN for the live call.
Rackspace Technology (NASDAQ: RXT) on April 8, 2026 appointed Paul Soligon as Senior Vice President of Operations and Marco Tesini as Senior Vice President of International for its Private Cloud business unit. Soligon will unify operations, business and sales operations, and customer success; Tesini will lead markets outside the U.S. to expand global presence and scale solutions. The release highlights Soligon’s leadership of a 700-person AWS sales organization responsible for more than $2.2 billion in revenue and securing over $4 billion in strategic enterprise agreements, and notes both hires bring 25+ years of experience to support governed AI on private cloud.
Rackspace Technology (NASDAQ: RXT) and Rubrik (NYSE: RBRK) launched the UK Sovereign Cyber Recovery Cloud on March 18, 2026, a ransomware recovery solution that keeps hardware, data, metadata, and administrative access inside the UK.
Features include an automated isolated "clean room," pre-built runbooks, rapid recovery from days to hours, 24/7 monitoring, and alignment with NCSC Cyber Assessment Framework and 24-hour breach reporting.
Rackspace (NASDAQ: RXT) and Uniphore announced a strategic partnership to deliver an Infrastructure-to-Agents architecture as an outcomes-based service, aiming to unlock $100 million in enterprise AI deployments. The offering combines Uniphore’s Business AI Cloud with Rackspace private cloud, SLMs-as-a-Service, Data Preparation-as-a-Service, and industry-specific AI agents with governed, sovereign deployments.
The service targets regulated industries, supports NVIDIA and AMD inferencing, and embeds forward deployed engineers accountable for measurable production outcomes.
Rackspace Technology (Nasdaq: RXT) reported Q4 2025 revenue of $683M (down 0.4% YoY) and full-year 2025 revenue of $2,686M (down 2% YoY). Q4 private cloud was $241M (down 10%) and public cloud $442M (up 6%). Q4 net loss was $33M; 2025 net loss was $226M. Cash and equivalents were $106M with total liquidity of $397M.
FY2026 guidance: revenue $2,600–2,700M, private cloud $1,025–1,075M, public cloud $1,575–1,625M, and non-GAAP operating profit $160–170M.
Rackspace Technology (NASDAQ: RXT) and Palantir (NASDAQ: PLTR) announced a strategic partnership to deploy and operate Palantir Foundry and AIP in production with governed managed operations, targeting accelerated AI time‑to‑value for enterprises, especially regulated and data‑sovereign environments.
Rackspace will provide implementation, data migration, private cloud and UK sovereign hosting, plus managed operations and security controls; Rackspace currently has 30 Palantir‑trained engineers and plans to scale to over 250 in 12 months.
Rackspace Technology (NASDAQ: RXT) will release its fourth quarter 2025 financial results at 8:00 AM ET on Thursday, February 26, 2026.
CEO Gajen Kandiah and CFO Mark Marino will host a conference call at 8:30 AM ET the same day. A live webcast and replay will be available on the company investor relations website, and dial-in details are provided to pre-registered callers.
Rackspace Technology (NASDAQ: RXT) appointed Joseph Vito as Senior Vice President of Strategic Alliance Partnerships on January 27, 2026. Vito will lead the company’s global strategy for technology and channel partnerships to support cloud and AI solutions. He brings more than 25 years of experience across financial services, life sciences, energy, and consumer manufacturing, and most recently served on the AWS Global Business and Advisory teams guiding large organizations through cloud adoption. Prior roles include transformation and leadership positions at Dell-EMC, UBS AG Global Data Services, Dun & Bradstreet, US Trust, and Merrill Lynch. Vito holds a BA in Managerial Economics from Union College and a Master’s in Finance from Pace University.