vs

Side-by-side financial comparison of Oatly Group AB (OTLY) and Rackspace Technology, Inc. (RXT). Click either name above to swap in a different company.

Rackspace Technology, Inc. is the larger business by last-quarter revenue ($682.8M vs $456.6M, roughly 1.5× Oatly Group AB). Rackspace Technology, Inc. runs the higher net margin — -4.8% vs -18.5%, a 13.7% gap on every dollar of revenue. On growth, Oatly Group AB posted the faster year-over-year revenue change (8.1% vs -0.4%). Rackspace Technology, Inc. produced more free cash flow last quarter ($56.0M vs $-11.3M).

Oatly Group AB is a Swedish food company, publicly traded on the American stock market, that produces alternatives to dairy products from oats, including oat milk. Oatly was formed in the 1990s using research from Lund University. Oatly has headquarters in Malmö and a production and development centre in Landskrona.

Rackspace Technology, Inc. is an American cloud computing company based in San Antonio, Texas. It also has offices in Reston, Virginia, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico, Toronto and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), Frankfurt (Germany), Hong Kong (China), Kansas City (USA), New York City (USA), San Jose (USA), Shangh...

OTLY vs RXT — Head-to-Head

Bigger by revenue
RXT
RXT
1.5× larger
RXT
$682.8M
$456.6M
OTLY
Growing faster (revenue YoY)
OTLY
OTLY
+8.5% gap
OTLY
8.1%
-0.4%
RXT
Higher net margin
RXT
RXT
13.7% more per $
RXT
-4.8%
-18.5%
OTLY
More free cash flow
RXT
RXT
$67.3M more FCF
RXT
$56.0M
$-11.3M
OTLY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OTLY
OTLY
RXT
RXT
Revenue
$456.6M
$682.8M
Net Profit
$-84.6M
$-32.7M
Gross Margin
32.2%
17.6%
Operating Margin
-5.9%
-0.5%
Net Margin
-18.5%
-4.8%
Revenue YoY
8.1%
-0.4%
Net Profit YoY
32.8%
41.6%
EPS (diluted)
$-0.14
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OTLY
OTLY
RXT
RXT
Q4 25
$456.6M
$682.8M
Q3 25
$671.2M
Q2 25
$208.4M
$666.3M
Q1 25
$665.4M
Q4 24
$422.3M
$685.6M
Q3 24
$675.8M
Q2 24
$202.2M
$684.9M
Q1 24
$690.8M
Net Profit
OTLY
OTLY
RXT
RXT
Q4 25
$-84.6M
$-32.7M
Q3 25
$-67.1M
Q2 25
$-55.9M
$-54.5M
Q1 25
$-71.5M
Q4 24
$-126.0M
$-56.0M
Q3 24
$-186.6M
Q2 24
$-30.4M
$25.0M
Q1 24
$-640.6M
Gross Margin
OTLY
OTLY
RXT
RXT
Q4 25
32.2%
17.6%
Q3 25
19.4%
Q2 25
32.5%
19.4%
Q1 25
19.1%
Q4 24
29.3%
19.2%
Q3 24
20.3%
Q2 24
29.2%
19.2%
Q1 24
19.2%
Operating Margin
OTLY
OTLY
RXT
RXT
Q4 25
-5.9%
-0.5%
Q3 25
-5.1%
Q2 25
-10.6%
-3.8%
Q1 25
-5.8%
Q4 24
-28.1%
-4.2%
Q3 24
-25.7%
Q2 24
-19.3%
-7.9%
Q1 24
-94.5%
Net Margin
OTLY
OTLY
RXT
RXT
Q4 25
-18.5%
-4.8%
Q3 25
-10.0%
Q2 25
-26.9%
-8.2%
Q1 25
-10.7%
Q4 24
-29.8%
-8.2%
Q3 24
-27.6%
Q2 24
-15.1%
3.7%
Q1 24
-92.7%
EPS (diluted)
OTLY
OTLY
RXT
RXT
Q4 25
$-0.14
$-0.13
Q3 25
$-0.28
Q2 25
$-0.09
$-0.23
Q1 25
$-0.31
Q4 24
$-0.21
$-0.20
Q3 24
$-0.82
Q2 24
$-0.05
$0.11
Q1 24
$-2.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OTLY
OTLY
RXT
RXT
Cash + ST InvestmentsLiquidity on hand
$64.3M
$105.8M
Total DebtLower is stronger
$523.0M
$2.7B
Stockholders' EquityBook value
$19.7M
$-1.2B
Total Assets
$787.2M
$2.8B
Debt / EquityLower = less leverage
26.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OTLY
OTLY
RXT
RXT
Q4 25
$64.3M
$105.8M
Q3 25
$99.5M
Q2 25
$67.9M
$103.9M
Q1 25
$128.0M
Q4 24
$98.9M
$144.0M
Q3 24
$157.1M
Q2 24
$142.7M
$190.2M
Q1 24
$282.6M
Total Debt
OTLY
OTLY
RXT
RXT
Q4 25
$523.0M
$2.7B
Q3 25
$2.8B
Q2 25
$120.6M
$2.8B
Q1 25
$2.8B
Q4 24
$446.4M
$2.8B
Q3 24
$2.8B
Q2 24
$2.9B
Q1 24
$3.0B
Stockholders' Equity
OTLY
OTLY
RXT
RXT
Q4 25
$19.7M
$-1.2B
Q3 25
$-1.2B
Q2 25
$96.7M
$-1.1B
Q1 25
$-1.1B
Q4 24
$106.1M
$-1.0B
Q3 24
$-949.7M
Q2 24
$245.8M
$-756.2M
Q1 24
$-787.2M
Total Assets
OTLY
OTLY
RXT
RXT
Q4 25
$787.2M
$2.8B
Q3 25
$2.8B
Q2 25
$803.1M
$2.9B
Q1 25
$3.0B
Q4 24
$804.0M
$3.1B
Q3 24
$3.1B
Q2 24
$3.4B
Q1 24
$3.5B
Debt / Equity
OTLY
OTLY
RXT
RXT
Q4 25
26.59×
Q3 25
Q2 25
1.25×
Q1 25
Q4 24
4.21×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OTLY
OTLY
RXT
RXT
Operating Cash FlowLast quarter
$-8.7M
$59.7M
Free Cash FlowOCF − Capex
$-11.3M
$56.0M
FCF MarginFCF / Revenue
-2.5%
8.2%
Capex IntensityCapex / Revenue
0.6%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-189.7M
$90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OTLY
OTLY
RXT
RXT
Q4 25
$-8.7M
$59.7M
Q3 25
$70.7M
Q2 25
$-15.0M
$8.4M
Q1 25
$12.6M
Q4 24
$-28.4M
$54.3M
Q3 24
$51.8M
Q2 24
$-86.0M
$24.1M
Q1 24
$-90.3M
Free Cash Flow
OTLY
OTLY
RXT
RXT
Q4 25
$-11.3M
$56.0M
Q3 25
$42.7M
Q2 25
$-24.8M
$-12.4M
Q1 25
$4.3M
Q4 24
$-47.9M
$34.4M
Q3 24
$27.3M
Q2 24
$-105.7M
$-14.5M
Q1 24
$-118.4M
FCF Margin
OTLY
OTLY
RXT
RXT
Q4 25
-2.5%
8.2%
Q3 25
6.4%
Q2 25
-11.9%
-1.9%
Q1 25
0.6%
Q4 24
-11.3%
5.0%
Q3 24
4.0%
Q2 24
-52.3%
-2.1%
Q1 24
-17.1%
Capex Intensity
OTLY
OTLY
RXT
RXT
Q4 25
0.6%
0.5%
Q3 25
4.2%
Q2 25
4.7%
3.1%
Q1 25
1.2%
Q4 24
4.6%
2.9%
Q3 24
3.6%
Q2 24
9.7%
5.6%
Q1 24
4.1%
Cash Conversion
OTLY
OTLY
RXT
RXT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.96×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OTLY
OTLY

Segment breakdown not available.

RXT
RXT

Public Cloud Services Segment$442.2M65%
Private Cloud Service Segment$240.6M35%

Related Comparisons