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Side-by-side financial comparison of Rackspace Technology, Inc. (RXT) and STARWOOD PROPERTY TRUST, INC. (STWD). Click either name above to swap in a different company.

Rackspace Technology, Inc. is the larger business by last-quarter revenue ($682.8M vs $492.9M, roughly 1.4× STARWOOD PROPERTY TRUST, INC.). STARWOOD PROPERTY TRUST, INC. runs the higher net margin — 19.7% vs -4.8%, a 24.4% gap on every dollar of revenue. On growth, STARWOOD PROPERTY TRUST, INC. posted the faster year-over-year revenue change (8.5% vs -0.4%). Over the past eight quarters, Rackspace Technology, Inc.'s revenue compounded faster (-0.6% CAGR vs -2.9%).

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...

Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. Starwood was founded in 1969 as a real estate investment trust named Hotel Investors Trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. Starwood had 11 brands and owned, managed, or franchised 1,297 properties co...

RXT vs STWD — Head-to-Head

Bigger by revenue
RXT
RXT
1.4× larger
RXT
$682.8M
$492.9M
STWD
Growing faster (revenue YoY)
STWD
STWD
+8.9% gap
STWD
8.5%
-0.4%
RXT
Higher net margin
STWD
STWD
24.4% more per $
STWD
19.7%
-4.8%
RXT
Faster 2-yr revenue CAGR
RXT
RXT
Annualised
RXT
-0.6%
-2.9%
STWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RXT
RXT
STWD
STWD
Revenue
$682.8M
$492.9M
Net Profit
$-32.7M
$96.9M
Gross Margin
17.6%
Operating Margin
-0.5%
26.6%
Net Margin
-4.8%
19.7%
Revenue YoY
-0.4%
8.5%
Net Profit YoY
41.6%
87.7%
EPS (diluted)
$-0.13
$0.25

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
RXT
RXT
STWD
STWD
Q4 25
$682.8M
$492.9M
Q3 25
$671.2M
$488.9M
Q2 25
$666.3M
$444.3M
Q1 25
$665.4M
$418.2M
Q4 24
$685.6M
$454.4M
Q3 24
$675.8M
$479.5M
Q2 24
$684.9M
$489.8M
Q1 24
$690.8M
$523.1M
Net Profit
RXT
RXT
STWD
STWD
Q4 25
$-32.7M
$96.9M
Q3 25
$-67.1M
$72.6M
Q2 25
$-54.5M
$129.8M
Q1 25
$-71.5M
$112.3M
Q4 24
$-56.0M
$51.6M
Q3 24
$-186.6M
$76.1M
Q2 24
$25.0M
$77.9M
Q1 24
$-640.6M
$154.3M
Gross Margin
RXT
RXT
STWD
STWD
Q4 25
17.6%
Q3 25
19.4%
Q2 25
19.4%
Q1 25
19.1%
Q4 24
19.2%
Q3 24
20.3%
Q2 24
19.2%
Q1 24
19.2%
Operating Margin
RXT
RXT
STWD
STWD
Q4 25
-0.5%
26.6%
Q3 25
-5.1%
19.1%
Q2 25
-3.8%
30.5%
Q1 25
-5.8%
28.7%
Q4 24
-4.2%
15.1%
Q3 24
-25.7%
17.2%
Q2 24
-7.9%
19.1%
Q1 24
-94.5%
30.8%
Net Margin
RXT
RXT
STWD
STWD
Q4 25
-4.8%
19.7%
Q3 25
-10.0%
14.8%
Q2 25
-8.2%
29.2%
Q1 25
-10.7%
26.8%
Q4 24
-8.2%
11.4%
Q3 24
-27.6%
15.9%
Q2 24
3.7%
15.9%
Q1 24
-92.7%
29.5%
EPS (diluted)
RXT
RXT
STWD
STWD
Q4 25
$-0.13
$0.25
Q3 25
$-0.28
$0.19
Q2 25
$-0.23
$0.38
Q1 25
$-0.31
$0.33
Q4 24
$-0.20
$0.15
Q3 24
$-0.82
$0.23
Q2 24
$0.11
$0.24
Q1 24
$-2.91
$0.48

Balance Sheet & Financial Strength

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

Metric
RXT
RXT
STWD
STWD
Cash + ST InvestmentsLiquidity on hand
$105.8M
$499.5M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$-1.2B
$6.8B
Total Assets
$2.8B
$63.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RXT
RXT
STWD
STWD
Q4 25
$105.8M
$499.5M
Q3 25
$99.5M
$301.1M
Q2 25
$103.9M
$259.9M
Q1 25
$128.0M
$440.6M
Q4 24
$144.0M
$377.8M
Q3 24
$157.1M
$357.9M
Q2 24
$190.2M
$259.3M
Q1 24
$282.6M
$327.4M
Total Debt
RXT
RXT
STWD
STWD
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$2.9B
Q1 24
$3.0B
Stockholders' Equity
RXT
RXT
STWD
STWD
Q4 25
$-1.2B
$6.8B
Q3 25
$-1.2B
$6.9B
Q2 25
$-1.1B
$6.4B
Q1 25
$-1.1B
$6.4B
Q4 24
$-1.0B
$6.4B
Q3 24
$-949.7M
$6.5B
Q2 24
$-756.2M
$6.2B
Q1 24
$-787.2M
$6.3B
Total Assets
RXT
RXT
STWD
STWD
Q4 25
$2.8B
$63.2B
Q3 25
$2.8B
$62.4B
Q2 25
$2.9B
$62.4B
Q1 25
$3.0B
$62.2B
Q4 24
$3.1B
$62.6B
Q3 24
$3.1B
$64.2B
Q2 24
$3.4B
$64.1B
Q1 24
$3.5B
$66.2B

Cash Flow & Capital Efficiency

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

Metric
RXT
RXT
STWD
STWD
Operating Cash FlowLast quarter
$59.7M
$488.8M
Free Cash FlowOCF − Capex
$56.0M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
5.04×
TTM Free Cash FlowTrailing 4 quarters
$90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RXT
RXT
STWD
STWD
Q4 25
$59.7M
$488.8M
Q3 25
$70.7M
$337.6M
Q2 25
$8.4M
$-87.4M
Q1 25
$12.6M
$238.9M
Q4 24
$54.3M
$295.6M
Q3 24
$51.8M
$241.8M
Q2 24
$24.1M
$53.3M
Q1 24
$-90.3M
$55.9M
Free Cash Flow
RXT
RXT
STWD
STWD
Q4 25
$56.0M
Q3 25
$42.7M
Q2 25
$-12.4M
Q1 25
$4.3M
Q4 24
$34.4M
Q3 24
$27.3M
Q2 24
$-14.5M
Q1 24
$-118.4M
FCF Margin
RXT
RXT
STWD
STWD
Q4 25
8.2%
Q3 25
6.4%
Q2 25
-1.9%
Q1 25
0.6%
Q4 24
5.0%
Q3 24
4.0%
Q2 24
-2.1%
Q1 24
-17.1%
Capex Intensity
RXT
RXT
STWD
STWD
Q4 25
0.5%
Q3 25
4.2%
Q2 25
3.1%
Q1 25
1.2%
Q4 24
2.9%
Q3 24
3.6%
Q2 24
5.6%
Q1 24
4.1%
Cash Conversion
RXT
RXT
STWD
STWD
Q4 25
5.04×
Q3 25
4.65×
Q2 25
-0.67×
Q1 25
2.13×
Q4 24
5.72×
Q3 24
3.18×
Q2 24
0.96×
0.68×
Q1 24
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RXT
RXT

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

STWD
STWD

Commercial And Residential Lending Segment$335.2M68%
Infrastructure Lending Segment$70.3M14%
Property Segment$57.8M12%
Other$29.7M6%

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