Rackspace Technology (RXT) reported third-quarter 2026 revenue of $609.1 million, down 9.3% from $671.2 million a year earlier. The company recorded a net loss of $53.5 million, or $0.21 per basic and diluted share, compared with a $67.1 million loss, or $0.28 per share, in the prior-year quarter.
Private Cloud revenue increased 4.2% to $260.0 million, while Public Cloud revenue declined 17.2% to $349.1 million. Rackspace raised its full-year revenue outlook by $35 million at the midpoint.
- Third-quarter cash flow from operating activities was $36 million.
- Capital expenditures totaled $104 million, versus $34 million in the third quarter of 2025.
- Cash and cash equivalents were $108 million as of September 30, 2026, with total liquidity of $170 million.
- Full-year 2026 revenue guidance is $2.510 billion to $2.560 billion.
- The company maintained its full-year non-GAAP operating profit and adjusted EBITDA outlook.
$RXT Insider Trading Activity
$RXT insiders have traded $RXT stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $RXT stock by insiders over the last 6 months:
- GAJAKARNAN VIBUSHANAN KANDIAH (Chief Executive Officer) has made 0 purchases and 2 sales selling 506,986 shares for an estimated $1,625,277.
- KELLIE TEAL-GUESS (Chief Human Resources Officer) has made 0 purchases and 3 sales selling 180,756 shares for an estimated $873,635.
- DHARMENDRA KUMAR SINHA (EVP, President, Public Cloud) has made 0 purchases and 2 sales selling 155,101 shares for an estimated $583,086.
- MARK A. MARINO (Chief Financial Officer) has made 0 purchases and 2 sales selling 99,472 shares for an estimated $418,980.
- ANTHONY SCOTT sold 48,780 shares for an estimated $207,554
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$RXT Hedge Fund Activity
We have seen 113 institutional investors add shares of $RXT stock to their portfolio, and 77 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VOSS CAPITAL, LP added 7,593,772 shares (+inf%) to their portfolio in Q2 2026, for an estimated $49,587,331
- TWO SIGMA INVESTMENTS, LP added 3,789,172 shares (+8131.1%) to their portfolio in Q2 2026, for an estimated $24,743,293
- MARATHON ASSET MANAGEMENT LP added 3,624,047 shares (+inf%) to their portfolio in Q2 2026, for an estimated $23,665,026
- CASTLEKNIGHT MANAGEMENT LP removed 3,159,780 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $20,633,363
- BW GESTAO DE INVESTIMENTOS LTDA. added 2,340,279 shares (+inf%) to their portfolio in Q2 2026, for an estimated $15,282,021
- MILLENNIUM MANAGEMENT LLC added 2,052,334 shares (+705.4%) to their portfolio in Q2 2026, for an estimated $13,401,741
- JANE STREET GROUP, LLC removed 2,017,233 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $13,172,531
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
