Rackspace Technology, Inc. (RXT) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by, and welcome to Rackspace's second quarter, 2026, earnings conference call. Currently, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. To remove yourself from the queue, please press star 11 again. I would now like to hand the call over to Sagar Hebbar. Investor Relations. Please go ahead. Thank you and welcome to Rackspace Technology's second quarter 2026 earnings conference call. I'm Sagar Hebbar, Head of Investor Relations. Joining me today are Gajen Kandiah, our Chief Executive Officer, and Mark Marino, our Chief Financial Officer. As a reminder, certain comments we make on this call will be forward-looking, including without limitation, statements regarding our financial guidance and outlook, our enterprise AI deployment plans, capacity targets and timelines, expected capital expenditures, revenue per megawatt, and margin assumptions, our financing plans, cash flow expectations, our business strategy and product roadmap, as well as shifts in our business mix. These statements involve risks and uncertainties which could cause actual results to differ materially. A discussion of these risks and uncertainties is included in the risk factors and forward-looking statement sections of our most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the SEC. Rackspace Technology assumes no obligation to update the information presented on the call except as required by law. Our presentation includes certain non-GAAP financial measures and adjustments to these measures which we believe provide useful information to our investors. In accordance with S...