RACKSPACE TECHNOLOGY, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-225.8M | $-858.2M | $-837.8M | $-804.8M | $-218.3M | $-245.8M | $-102.3M | $-470.6M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $151.4M | $141.3M | $208.7M | $220.9M | $245.1M | — | — | — |
| Amortization | $146.9M | $154.1M | $161.0M | $166.8M | $179.7M | $176.3M | $167.5M | $164.2M |
| Stock-Based Compensation | $45.1M | $63.4M | $65.4M | $69.5M | $75.4M | $74.5M | $30.2M | $20.0M |
| Net Cash from Operating Activities | $151.4M | $39.9M | $374.9M | $246.7M | $370.8M | $116.7M | $292.9M | $429.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $60.8M | $111.1M | $96.9M | $80.4M | $108.4M | $116.5M | $198.0M | $294.3M |
| Business Acquisitions | — | $0 | $0 | $7.7M | $0 | $9.5M | $316.1M | $65.3M |
| Net Cash from Investing Activities | $-58.4M | $-86.6M | $-96.0M | $-97.9M | $-69.0M | $-128.4M | $-386.5M | $-348.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $0 | $31.0M | $0 | $0 | $2.2M | $0 |
| Net Cash from Financing Activities | $-134.6M | $-3.0M | $-312.8M | $-187.0M | $-132.2M | $29.9M | $-79.2M | $-53.7M |
| Net Change in Cash | $-39.0M | $-52.7M | $-31.7M | $-44.0M | $167.3M | $21.0M | $-171.1M | $23.3M |
| Free Cash Flow | $90.6M | $-71.2M | $278.0M | $166.3M | $262.4M | $200.0K | $94.9M | $135.5M |