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| Fiscal year / year | Rackspace revenue |
|---|---|
| 2021 | $3.0B |
| 2022 | $3.1B |
| 2023 | $3.0B |
| 2024 | $2.7B |
How accurately did Rackspace's revenue projections match actual performance?
| Year | Rackspace growth |
|---|---|
| 2022 | 4%↑ |
| 2023 | -5%↓ |
| 2024 | -7%↓ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2021 | $725.9M | $743.8M | $762.5M | $777.3M |
| 2022 | $775.5M | $772.2M | $787.6M | $787.0M |
| 2023 | $758.7M | $746.3M | $732.4M | $719.7M |
| 2024 | $690.8M | $684.9M | $675.8M | $685.6M |
Do you work at Rackspace?
Is Rackspace transparent about its revenue structure?
| CEO | Kevin M. Jones |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 7,200 |
| Date Founded | 1998 |
| Headquarters | San Antonio, Texas |
| Number of Locations | 16 |
| Revenue | $2.7B |
| Net Income | -$102,300,000 |
| Gross Proft | $533.4M (2024) |
| Tax Rate | 0.0% |
| Total Assets | $6,272,400,000 |
| Ticker | RXT |
Rackspace received early financing of $6.3M on 2000-01-10.
| Series | Round size | Date |
|---|---|---|
| Venture Round - Rackspace | $11.5M | 04/2000 |
| Venture Round - Rackspace | $6.3M | 01/2000 |
| Investors | Security type |
|---|---|
| Sequoia Capital | Venture Round - Rackspace |
| Red Hat | Venture Round - Rackspace |
| Norwest Venture Partners | Venture Round - Rackspace |
| Isom Capital | Venture Round - Rackspace |
| Teton Capital Advisers | Venture Round - Rackspace |
Rackspace's top competitor, VMware, earned an annual revenue of $13.3B.
Rackspace's smallest competitor is Internet Securities with revenue of $17.2M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| VMware | $126,075 | $13.4B | 31,000 | 2 |
| Technology | $69,898 | $190.0M | 900 | 1 |
| F5 | $122,454 | $2.8B | 6,550 | 198 |
| Citrix | $114,526 | $3.2B | 9,000 | 6 |
| Infolob Solutions | $73,534 | $4.2M | 90 | - |
| Commvault | $110,886 | $839.2M | 2,501 | 126 |
| BlackBerry | $83,659 | $853.0M | 4,044 | 5 |
| Actian | $89,162 | $100.0M | 458 | 11 |
| Iex | $77,394 | $3.5M | 107 | 12 |
| Federal Data Systems | $78,101 | $7.5M | 138 | 1 |
Zippia gives an in-depth look into the details of Rackspace, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Rackspace. The employee data is based on information from people who have self-reported their past or current employments at Rackspace. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Rackspace. The data presented on this page does not represent the view of Rackspace and its employees or that of Zippia.
Rackspace may also be known as or be related to RACKSPACE HOSTING INC., Rackspace, Rackspace , INC., Rackspace Hosting Inc, Rackspace Hosting, Inc., Rackspace Technology, Inc. and Rackspace, The #1 Managed Cloud Company.