7Baggers

Rackspace Technology, Inc
(NASDAQ:RXT) 

RXT stock logo

Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The company's Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, ma...

Founded: 1998
CEO: Kevin M. Jones  
Sector: Technology
Industry: Software-Infrastructure

Share this website to your friends
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 
                           
      revenue
    682,800,000 671,200,000 666,300,000 665,400,000 685,600,000 675,800,000 684,900,000 690,800,000 719,700,000 732,400,000 746,300,000 758,700,000 787,000,000 787,600,000 772,200,000 775,500,000 777,300,000 762,500,000 743,800,000 725,900,000 716,200,000 681,700,000 656,500,000 
      yoy
    -0.41% -0.68% -2.72% -3.68% -4.74% -7.73% -8.23% -8.95% -8.55% -7.01% -3.35% -2.17% 1.25% 3.29% 3.82% 6.83% 8.53% 11.85% 13.30%     
      qoq
    1.73% 0.74% 0.14% -2.95% 1.45% -1.33% -0.85% -4.02% -1.73% -1.86% -1.63% -3.60% -0.08% 1.99% -0.43% -0.23% 1.94% 2.51% 2.47% 1.35% 5.06% 3.84%  
      cost of revenue
    -562,400,000 -541,300,000 -537,100,000 -538,500,000 -553,900,000 -538,300,000 -553,500,000 -558,000,000 -565,600,000 -580,400,000 -593,200,000 -589,100,000 -587,200,000 -580,500,000 -548,200,000 -549,500,000 -543,000,000 -530,800,000 -508,300,000 -490,600,000 -468,800,000 -435,900,000 -414,600,000 
      gross profit
    120,400,000 129,900,000 129,200,000 126,900,000 131,700,000 137,500,000 131,400,000 132,800,000 154,100,000 152,000,000 153,100,000 169,600,000 199,800,000 207,100,000 224,000,000 226,000,000 234,300,000 231,700,000 235,500,000 235,300,000 247,400,000 245,800,000 241,900,000 
      yoy
    -8.58% -5.53% -1.67% -4.44% -14.54% -9.54% -14.17% -21.70% -22.87% -26.61% -31.65% -24.96% -14.72% -10.62% -4.88% -3.95% -5.30% -5.74% -2.65%     
      qoq
    -7.31% 0.54% 1.81% -3.64% -4.22% 4.64% -1.05% -13.82% 1.38% -0.72% -9.73% -15.12% -3.52% -7.54% -0.88% -3.54% 1.12% -1.61% 0.08% -4.89% 0.65% 1.61%  
      gross margin %
    17.63% 19.35% 19.39% 19.07% 19.21% 20.35% 19.19% 19.22% 21.41% 20.75% 20.51% 22.35% 25.39% 26.30% 29.01% 29.14% 30.14% 30.39% 31.66% 32.41% 34.54% 36.06% 36.85% 
      selling, general and administrative expenses
    -123,700,000 -163,800,000 -154,300,000 -165,300,000 -160,500,000 -169,500,000 -185,200,000 -192,400,000 -165,500,000 -177,300,000 -216,900,000 -207,500,000 -210,300,000 -219,900,000 -220,000,000 -205,100,000 -208,600,000 -234,600,000 -232,600,000 -231,000,000 -252,200,000 -260,500,000 -219,200,000 
      impairment of goodwill
         -141,700,000  -573,200,000  -165,700,000  -543,100,000 -129,300,000 -405,200,000          
      impairment of assets
           -20,000,000 -3,800,000 -48,400,000   -87,400,000 -58,700,000          
      income from operations
    -3,300,000 -33,900,000 -25,100,000 -38,400,000 -28,800,000 -173,700,000 -53,800,000 -652,800,000 -15,200,000 -239,400,000 -63,800,000 -581,000,000 -227,200,000 -476,700,000 4,000,000 20,900,000 -26,700,000 -2,900,000 2,900,000 24,200,000 -4,800,000 -14,700,000 22,700,000 
      yoy
    -88.54% -80.48% -53.35% -94.12% 89.47% -27.44% -15.67% 12.36% -93.31% -49.78% -1695.00% -2879.90% 750.94% 16337.93% 37.93% -13.64% 456.25% -80.27% -87.22%     
      qoq
    -90.27% 35.06% -34.64% 33.33% -83.42% 222.86% -91.76% 4194.74% -93.65% 275.24% -89.02% 155.72% -52.34% -12017.50% -80.86% -178.28% 820.69% -200.00% -88.02% -604.17% -67.35% -164.76%  
      operating margin %
    -0.48% -5.05% -3.77% -5.77% -4.20% -25.70% -7.86% -94.50% -2.11% -32.69% -8.55% -76.58% -28.87% -60.53% 0.52% 2.70% -3.43% -0.38% 0.39% 3.33% -0.67% -2.16% 3.46% 
      other income:
                           
      interest expense
    -20,800,000 -21,200,000 -21,300,000 -19,400,000 -17,900,000 -18,000,000 -18,400,000 -43,700,000 -50,900,000 -56,500,000 -57,300,000 -56,900,000 -55,600,000 -52,300,000 -50,500,000 -50,100,000 -50,500,000 -51,500,000 -50,500,000 -52,600,000 -59,200,000 -68,300,000 -68,900,000 
      gain on investments
     100,000 300,000 -100,000 -100,000 100,000  100,000 100,000  100,000 100,000   -200,000  600,000  100,000  -200,000  1,000,000 
      gain on debt extinguishment, net of debt modification costs
                           
      other expense
    -5,500,000 -4,000,000 -3,800,000 -5,400,000 -9,900,000 -1,000,000   -4,700,000 -2,600,000      -3,600,000    -1,800,000    
      total other income
    -26,300,000 -25,100,000 -24,800,000 -24,900,000 -27,900,000 -900,000 48,900,000 7,500,000 52,700,000 -3,700,000 37,900,000 -41,900,000 -49,900,000 -58,400,000 -56,600,000 -53,800,000 -49,800,000 -51,400,000 -50,300,000 -95,100,000 -91,800,000 -104,600,000 -67,600,000 
      income before income taxes
    -29,600,000 -59,000,000 -49,900,000 -63,300,000 -56,700,000 -174,600,000 -4,900,000 -645,300,000 37,500,000 -243,100,000 -25,900,000 -622,900,000 -277,100,000 -535,100,000 -52,600,000 -32,900,000 -76,500,000 -54,300,000 -47,400,000 -70,900,000 -96,600,000 -119,300,000 -44,900,000 
      benefit for income taxes
    -3,100,000 -8,100,000 -4,600,000 -8,200,000 700,000 -12,000,000 29,900,000 4,700,000 -9,500,000 16,500,000 -1,300,000 10,900,000 63,100,000 23,400,000 12,000,000 -5,600,000 -6,400,000 19,500,000 10,800,000 6,900,000 32,800,000 18,100,000 12,300,000 
      net income
    -32,700,000 -67,100,000 -54,500,000 -71,500,000 -56,000,000 -186,600,000 25,000,000 -640,600,000 28,000,000 -226,600,000 -27,200,000 -612,000,000 -214,000,000 -511,700,000 -40,600,000 -38,500,000 -82,900,000 -34,800,000 -36,600,000 -64,000,000 -63,800,000 -101,200,000 -32,600,000 
      yoy
    -41.61% -64.04% -318.00% -88.84% -300.00% -17.65% -191.91% 4.67% -113.08% -55.72% -33.00% 1489.61% 158.14% 1370.40% 10.93% -39.84% 29.94% -65.61% 12.27%     
      qoq
    -51.27% 23.12% -23.78% 27.68% -69.99% -846.40% -103.90% -2387.86% -112.36% 733.09% -95.56% 185.98% -58.18% 1160.34% 5.45% -53.56% 138.22% -4.92% -42.81% 0.31% -36.96% 210.43%  
      net income margin %
    -4.79% -10.00% -8.18% -10.75% -8.17% -27.61% 3.65% -92.73% 3.89% -30.94% -3.64% -80.66% -27.19% -64.97% -5.26% -4.96% -10.67% -4.56% -4.92% -8.82% -8.91% -14.85% -4.97% 
      other comprehensive income, net of tax
                           
      foreign currency translation adjustments
    3,700,000 -1,500,000 9,400,000 3,600,000 -8,000,000 4,300,000 -800,000 -3,700,000 7,500,000 -5,700,000 2,800,000 3,400,000 18,100,000 -22,500,000 -18,200,000 -4,600,000 -500,000 -8,800,000 2,700,000 3,000,000 16,600,000 11,700,000 900,000 
      unrealized gain on derivative contracts
    100,000 500,000 1,500,000 -100,000 8,600,000 -11,100,000 4,500,000 13,100,000 -12,000,000 9,100,000 19,300,000 -5,600,000 2,200,000 31,400,000 11,000,000 42,300,000 7,500,000 600,000 -6,000,000 9,400,000    
      amount reclassified from accumulated other comprehensive income to earnings
    -7,900,000 -8,700,000 -8,700,000 -8,500,000 -9,900,000 -11,000,000 -11,100,000 -11,100,000 -10,000,000 -7,500,000 -6,800,000 -5,600,000 -3,500,000 600,000 3,400,000 4,300,000 4,600,000 4,500,000 4,500,000 4,000,000 3,700,000 3,200,000 1,700,000 
      other comprehensive loss
    -4,100,000 -9,700,000  -5,000,000    -1,700,000                
      comprehensive loss
    -36,800,000 -76,800,000  -76,500,000 -65,300,000 -204,400,000  -642,300,000 13,500,000 -230,700,000 -11,900,000  -197,200,000 -502,200,000 -44,400,000  -71,300,000 -38,500,000 -35,400,000 -47,600,000 -44,900,000 -85,000,000  
      net income per share
                           
      basic and diluted
    -0.13 -0.28  -0.31 -0.23 -0.82  -2.91 0.14 -1.05 -0.13 -2.87 -1.01 -2.43 -0.19 -0.18 -0.4 -0.17 -0.18 -0.31 -0.32 -0.54  
      weighted-average number of shares outstanding:
                           
      basic and diluted
    238.7 240.4  231.9 224.8 226.4  219.8 215.3 216 215.1 213.2 211.2 210.8 209.5 211.4 208 209.3 207.9 204.6 179.6 186.7  
      other comprehensive income
      2,200,000  -9,300,000 -17,800,000 -7,400,000  -14,500,000 -4,100,000 15,300,000 -7,800,000 16,800,000 9,500,000 -3,800,000 42,000,000 11,600,000 -3,700,000 1,200,000 16,400,000 18,900,000 16,200,000 -4,200,000 
      comprehensive income
      -52,300,000    17,600,000     -619,800,000    3,500,000       -36,800,000 
      net earnings per share:
                           
      basic
      -0.23    0.11                 
      diluted
      -0.23    0.11                 
      weighted-average number of shares outstanding:
                           
      basic
      238    224.5                165.5 
      diluted
      238    229.6                165.5 
      debt modification costs and gain on debt extinguishment
        36,800,000 18,000,000 72,500,000 56,700,000                
      other income
          -5,200,000 -5,600,000   200,000 2,100,000 5,500,000 -6,000,000 -5,900,000  100,000 100,000 600,000  2,100,000 700,000 300,000 
      gain on debt extinguishment
            40,775,000 55,400,000 94,900,000 12,800,000            
      gain on sale of land
                       19,900,000    
      loss on investments
                -100,000 -100,000  -100,000    -3,700,000    
      debt modification and extinguishment costs
                    -9,375,000  -500,000 -37,000,000    
      gain on sale
                           
      gain on extinguishment of debt
                        -34,500,000 -37,000,000  
      unrealized gains on derivative contracts
                        -11,550,000 1,300,000  
      unrealized losses on derivative contracts
                          -6,800,000 
      net income per share
                           
      basic
                          -0.2 
      diluted
                          -0.2 
      weighted-average number of shares:
                           
      basic
      238    224.5                165.5 
      diluted
      238    229.6                165.5 
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 
                             
        assets
                             
        current assets:
                             
        cash and cash equivalents
      105,800,000 99,500,000 103,900,000 128,000,000 144,000,000 157,100,000 190,200,000 282,600,000 196,800,000 277,800,000 159,900,000 174,300,000 228,400,000 249,100,000 261,300,000 269,100,000 272,800,000 260,000,000 214,800,000 198,400,000 104,700,000 253,200,000 161,400,000 
        accounts receivable
      266,500,000 273,900,000 253,900,000 269,000,000 298,800,000 311,800,000 322,800,000 303,300,000 339,700,000 348,700,000 543,800,000 571,600,000 622,200,000 593,400,000 583,900,000 576,100,000 554,300,000 533,600,000 501,100,000 488,800,000 483,000,000 430,400,000 385,500,000 
        prepaid expenses
      84,400,000 89,600,000 111,400,000 99,500,000 84,900,000 95,400,000 86,600,000 111,100,000 87,400,000 93,300,000 90,000,000 111,500,000 97,300,000 95,100,000 87,100,000 103,900,000 110,000,000 92,700,000 94,000,000 94,200,000 123,800,000 80,400,000 64,000,000 
        other current assets
      61,100,000 77,900,000 79,200,000 85,300,000 91,100,000 84,400,000 96,700,000 91,300,000 114,200,000 125,300,000 119,800,000 112,200,000 125,300,000 96,300,000 81,900,000 57,000,000 52,400,000 63,900,000 75,300,000 65,500,000 47,000,000 41,900,000 40,200,000 
        total current assets
      517,800,000 540,900,000 548,400,000 581,800,000 618,800,000 648,700,000 696,300,000 788,300,000 738,100,000 845,100,000 913,500,000 969,600,000 1,073,200,000 1,033,900,000 1,014,200,000 1,006,100,000 989,500,000 950,200,000 885,200,000 846,900,000 758,500,000 805,900,000 651,100,000 
        property, equipment and software
      596,300,000 589,000,000 594,800,000 594,000,000 601,000,000 616,300,000 612,200,000 617,000,000 608,800,000 614,400,000 641,400,000 651,100,000 628,300,000 707,500,000 759,400,000 794,700,000 826,700,000 861,200,000 892,000,000 870,700,000 884,600,000 892,800,000 914,100,000 
        goodwill
      740,100,000 739,700,000 741,100,000 737,300,000 735,700,000 739,700,000 877,700,000 877,700,000 1,452,400,000 1,448,100,000 1,617,500,000 1,614,800,000 2,155,100,000 2,270,600,000 2,693,500,000 2,708,600,000 2,706,800,000 2,759,500,000 2,765,800,000 2,763,500,000 2,761,100,000 2,741,000,000 2,733,100,000 
        intangible assets
      698,300,000 732,700,000 770,200,000 807,500,000 844,700,000 883,400,000 921,500,000 960,200,000 1,019,000,000 1,057,800,000 1,155,000,000 1,195,500,000 1,236,000,000 1,291,100,000 1,379,000,000 1,423,600,000 1,466,500,000 1,508,800,000 1,553,800,000 1,600,400,000 1,646,300,000 1,684,000,000 1,726,200,000 
        operating right-of-use assets
      144,600,000 129,000,000 130,000,000 138,100,000 134,600,000 139,400,000 144,400,000 119,800,000 126,300,000 127,200,000 137,800,000 126,300,000 138,000,000 138,300,000 140,900,000 153,600,000 161,800,000 143,700,000 151,300,000 164,900,000 171,100,000 162,500,000 167,600,000 
        other non-current assets
      102,700,000 113,700,000 110,400,000 107,400,000 119,300,000 118,300,000 141,600,000 153,000,000 151,600,000 187,700,000 199,300,000 197,300,000 226,100,000 246,300,000 221,200,000 224,200,000 177,400,000 168,100,000 164,200,000 171,500,000 156,200,000 136,900,000 121,500,000 
        total assets
      2,799,800,000 2,845,000,000 2,894,900,000 2,966,100,000 3,054,100,000 3,145,800,000 3,393,700,000 3,516,000,000 4,096,200,000 4,280,300,000 4,664,500,000 4,754,600,000 5,456,700,000 5,687,700,000 6,208,200,000 6,310,800,000 6,328,700,000 6,391,500,000 6,412,300,000 6,417,900,000 6,377,800,000 6,423,100,000 6,313,600,000 
        liabilities and stockholders' deficit
                             
        current liabilities:
                             
        accounts payable and accrued expenses
      413,900,000 415,100,000 389,800,000 388,900,000 389,600,000 407,900,000 401,900,000 410,200,000 432,700,000 416,800,000 397,000,000 384,200,000 447,300,000 409,100,000 388,000,000 390,200,000 369,500,000 372,000,000 324,400,000 323,100,000 285,400,000 264,300,000 262,500,000 
        accrued compensation and benefits
      85,400,000 93,500,000 70,000,000 82,400,000 96,700,000 94,200,000 72,300,000 64,000,000 72,200,000 84,100,000 72,400,000 65,800,000 95,300,000 92,700,000 87,400,000 70,700,000 104,500,000 101,600,000 91,500,000 75,800,000 110,600,000 95,700,000 94,600,000 
        deferred revenue
      94,600,000 73,100,000 68,400,000 75,800,000 84,200,000 68,800,000 72,500,000 78,700,000 78,800,000 81,600,000 73,500,000 101,300,000 80,900,000 88,300,000 106,000,000 111,000,000 98,600,000 91,500,000 93,000,000 89,000,000 76,700,000 59,600,000 60,000,000 
        debt
      27,300,000 30,400,000 33,400,000 25,800,000 29,200,000 27,100,000 54,000,000 20,300,000 23,000,000 47,400,000 23,000,000 23,000,000 23,000,000 23,000,000 23,000,000 23,000,000 23,000,000 23,000,000 23,000,000 27,000,000 43,400,000 29,000,000 29,000,000 
        accrued interest
      5,400,000 8,000,000 6,200,000 7,100,000 7,400,000 8,100,000 8,300,000 13,300,000 20,500,000 18,300,000 22,000,000 37,800,000 36,300,000 33,300,000 27,400,000 27,700,000 27,600,000 30,100,000 26,600,000 28,200,000 26,500,000 43,100,000 35,700,000 
        operating lease liabilities
      54,700,000 49,700,000 47,200,000 49,500,000 55,900,000 55,800,000 58,700,000 59,900,000 66,000,000 65,500,000 67,500,000 55,600,000 60,000,000 55,800,000 55,500,000 57,200,000 60,400,000 64,100,000 60,700,000 62,300,000 62,200,000 57,700,000 58,900,000 
        finance lease liabilities
      48,000,000 44,100,000 48,700,000 54,300,000 53,100,000 50,500,000 50,800,000 49,300,000 55,800,000 63,300,000 67,100,000 69,800,000 61,700,000 62,200,000 64,600,000 66,000,000 64,600,000 61,900,000 57,300,000 47,600,000 358,100,000 351,900,000 332,400,000 
        financing obligations
      14,000,000 12,600,000 14,100,000 16,600,000 16,400,000 16,300,000 16,900,000 17,200,000 14,000,000 12,300,000 17,800,000 15,600,000 16,700,000 25,100,000 37,800,000 40,100,000 48,000,000 54,500,000 59,800,000 47,300,000 48,800,000 46,300,000 59,300,000 
        other current liabilities
      23,400,000 39,700,000 37,600,000 34,400,000 34,100,000 40,200,000 36,000,000 41,000,000 36,500,000 35,500,000 36,000,000 37,600,000 35,300,000 36,800,000 33,100,000 31,600,000 41,200,000 47,700,000 53,000,000 57,500,000 88,600,000 84,400,000 74,000,000 
        total current liabilities
      766,700,000 766,200,000 715,400,000 734,800,000 766,600,000 768,900,000 771,400,000 753,900,000 799,500,000 824,800,000 776,300,000 790,700,000 856,500,000 826,300,000 822,800,000 817,500,000 837,400,000 846,400,000 789,300,000 757,800,000 742,200,000 680,100,000 674,000,000 
        non-current liabilities:
                             
        deferred income taxes
      34,700,000 25,300,000 23,800,000 26,500,000 30,200,000 26,000,000 35,600,000 59,300,000 79,200,000 91,800,000 113,000,000 105,800,000 126,700,000 187,200,000 204,600,000 222,900,000 205,800,000 208,500,000 219,100,000 231,500,000 236,700,000 266,900,000 284,700,000 
        other non-current liabilities
      78,000,000 100,200,000 97,200,000 95,900,000 95,000,000 98,100,000 100,300,000 104,800,000 97,400,000 94,500,000 99,700,000 110,000,000 105,700,000 116,600,000 117,300,000 117,500,000 124,400,000 135,400,000 156,900,000 151,400,000 145,500,000 152,000,000 150,000,000 
        total liabilities
      4,019,300,000 4,032,200,000 4,013,900,000 4,039,200,000 4,058,300,000 4,095,500,000 4,149,900,000 4,303,200,000 4,250,700,000 4,463,100,000 4,632,600,000 4,730,200,000 4,827,200,000 4,872,100,000 4,909,800,000 4,966,500,000 5,001,300,000 5,020,500,000 5,029,800,000 5,042,700,000 4,994,100,000 5,031,500,000 5,544,800,000 
        commitments and contingencies
                             
        stockholders' deficit:
                             
        preferred stock, 0.01 par value per share...
                             
        common stock, 0.01 par value per share...
      2,500,000 2,500,000 2,400,000 2,400,000 2,300,000 2,300,000 2,300,000 2,300,000 2,200,000 2,200,000 2,200,000 2,200,000 2,200,000 2,100,000 2,100,000 2,100,000 2,100,000 2,100,000 2,100,000 2,100,000 2,000,000 2,000,000 1,600,000 
        additional paid-in capital
      2,709,700,000 2,705,200,000 2,696,700,000 2,690,300,000 2,682,800,000 2,672,000,000 2,661,100,000 2,647,700,000 2,638,200,000 2,623,400,000 2,607,400,000 2,588,000,000 2,573,300,000 2,562,300,000 2,542,900,000 2,517,500,000 2,500,000,000 2,472,300,000 2,445,300,000 2,402,600,000 2,363,600,000 2,326,600,000 1,619,200,000 
        accumulated other comprehensive income
      7,500,000 11,600,000 21,300,000 19,100,000 24,100,000 33,400,000 51,200,000 58,600,000 60,300,000 74,800,000 78,900,000 63,600,000 71,400,000 54,600,000 45,100,000 48,900,000 6,900,000    -18,600,000 -37,500,000 -53,700,000 
        accumulated deficit
      -3,908,200,000 -3,875,500,000 -3,808,400,000 -3,753,900,000 -3,682,400,000 -3,626,400,000 -3,439,800,000 -3,464,800,000 -2,824,200,000 -2,852,200,000 -2,625,600,000 -2,598,400,000 -1,986,400,000 -1,772,400,000 -1,260,700,000 -1,220,100,000 -1,181,600,000 -1,098,700,000 -1,063,900,000 -1,027,300,000 -963,300,000 -899,500,000 -798,300,000 
        treasury stock
      -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -31,000,000 -4,100,000        
        total stockholders' deficit
      -1,219,500,000 -1,187,200,000 -1,119,000,000 -1,073,100,000 -1,004,200,000 -949,700,000 -756,200,000 -787,200,000                
        total liabilities and stockholders' deficit
      2,799,800,000 2,845,000,000 2,894,900,000 2,966,100,000 3,054,100,000 3,145,800,000 3,393,700,000 3,516,000,000                
        liabilities and stockholders' equity
                             
        stockholders' equity
                             
        total stockholders' equity
              -154,500,000 -182,800,000 31,900,000 24,400,000 629,500,000 815,600,000 1,298,400,000 1,344,300,000 1,327,400,000 1,371,000,000 1,382,500,000 1,375,200,000 1,383,700,000 1,391,600,000 768,800,000 
        total liabilities and stockholders' equity
              4,096,200,000 4,280,300,000 4,664,500,000 4,754,600,000 5,456,700,000 5,687,700,000 6,208,200,000 6,310,800,000 6,328,700,000 6,391,500,000 6,412,300,000 6,417,900,000 6,377,800,000 6,423,100,000 6,313,600,000 
        stockholders' equity:
                             
        accumulated other comprehensive loss
                       -4,700,000 -1,000,000 -2,200,000    
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 
                              
          cash flows from operating activities
                              
          net loss
        -32,700,000 -67,100,000 -54,500,000 -71,500,000 -56,000,000 -186,600,000 25,000,000 -640,600,000 28,000,000 -226,600,000 -27,200,000 -612,000,000 -214,000,000 -511,700,000 -40,600,000 -38,500,000 -82,900,000 -34,800,000 -36,600,000 -64,000,000 -63,800,000  
          adjustments to reconcile net loss to net cash from operating activities:
                              
          depreciation and amortization
        74,300,000 75,100,000 75,000,000 73,900,000 73,400,000 73,000,000 74,200,000 74,800,000 87,200,000 90,100,000 97,700,000 94,700,000 91,400,000 96,600,000 98,200,000 101,600,000 103,600,000 104,900,000 107,800,000 108,500,000 111,100,000 117,500,000 
          reduction in carrying amount of operating right-of-use assets
        15,800,000 16,000,000 15,900,000 16,600,000                   
          deferred income taxes
        25,900,000 6,900,000 -7,800,000 -1,300,000 11,400,000 4,800,000 -26,800,000 -24,400,000 -3,000,000 -21,900,000 300,000 -17,300,000 -62,100,000 -26,700,000 -20,900,000 900,000 -6,300,000 -12,100,000 -12,000,000 -11,100,000 -33,400,000 -21,000,000 
          share-based compensation expense
        4,900,000 18,200,000 10,000,000 12,000,000 15,600,000 15,500,000 19,500,000 12,800,000 13,500,000 17,200,000 19,500,000 15,200,000 10,000,000 19,400,000 23,100,000 17,000,000 18,700,000 19,100,000 20,400,000 17,200,000 17,700,000 40,200,000 
          impairment of goodwill
            141,700,000 573,200,000 165,700,000 543,100,000 129,300,000          
          impairment of assets
            20,000,000 3,800,000    87,400,000          
          gain on debt extinguishment, net of debt modification costs
                              
          unrealized loss on derivative contracts
                1,800,000 6,000,000 3,200,000 4,500,000 4,600,000 4,700,000 4,600,000 4,600,000 4,100,000 1,900,000 5,600,000 5,200,000 300,000 100,000 
          gain on investments
        -100,000    -100,000 -100,000             200,000 
          provision for bad debts and accrued customer credits
        -2,200,000 5,700,000   8,200,000 500,000 6,500,000 4,300,000 3,900,000 100,000 4,300,000 700,000 5,700,000 3,200,000 3,700,000 -200,000 4,100,000 1,900,000 -5,300,000 -2,700,000 13,700,000 900,000 
          amortization of debt issuance costs and debt discount and premium
        1,500,000 1,500,000 1,500,000 1,500,000 -1,300,000 7,000,000 -1,500,000 -2,000,000               
          third party fees paid in connection with the march 2024 refinancing transactions
                              
          non-cash fair value adjustments
                 200,000          
          other operating activities
        -1,700,000 -2,100,000 600,000 1,200,000 -2,800,000 -800,000 -2,700,000 -200,000 100,000   -100,000 100,000 200,000   -800,000 -700,000 -200,000 -400,000 1,100,000 -700,000 
          changes in operating assets and liabilities:
                              
          accounts receivable
        9,800,000 -25,700,000 13,300,000 30,200,000 3,600,000 6,500,000 -21,200,000 31,600,000 6,300,000 194,100,000 24,200,000 50,500,000 -31,600,000 -16,500,000 -14,500,000 -19,800,000 -24,900,000 -35,700,000 -6,300,000 -2,600,000 -63,300,000 -45,600,000 
          prepaid expenses and other current assets
        11,600,000 12,700,000 -13,900,000 -13,200,000 12,600,000 -6,300,000 18,900,000 -14,700,000 1,500,000 -400,000 25,000,000 -1,500,000 -9,500,000 -10,100,000 5,100,000 7,400,000 -10,600,000 8,600,000 -13,200,000 24,700,000 -44,300,000 -16,600,000 
          accounts payable, accrued expenses, and other current liabilities
        -33,900,000 46,900,000 -22,100,000 -17,300,000 -9,400,000 22,700,000 14,800,000 -50,300,000 21,400,000 35,600,000 -900,000 -100,300,000 23,200,000 45,300,000 20,300,000 -19,000,000 1,000,000 68,000,000 26,900,000 -7,800,000 3,000,000 21,400,000 
          deferred revenue
        21,300,000 4,900,000 -6,500,000 -9,300,000 15,500,000 -5,400,000 -8,700,000 1,000,000 -4,300,000 7,700,000 -28,300,000 19,100,000 -6,300,000 -18,900,000 -4,000,000 7,600,000 7,200,000 -2,100,000 5,000,000 11,500,000 17,100,000 1,800,000 
          operating lease liabilities
        -16,700,000 -17,300,000 -14,500,000 -20,300,000 -19,800,000 -19,200,000 -23,300,000 -20,500,000 -17,000,000 -17,800,000 -10,900,000 -19,900,000 -15,200,000 -18,200,000 -14,400,000 -17,700,000 -12,300,000 -17,200,000 -15,800,000 -16,100,000 -14,600,000 -9,700,000 
          other non-current assets and liabilities
        -18,200,000 -2,800,000 9,100,000 10,000,000 -13,000,000 1,500,000 6,800,000 14,100,000 20,100,000 7,300,000 -3,600,000 17,200,000 -3,300,000 19,000,000 7,400,000 4,200,000 -9,600,000 -16,900,000 6,800,000 1,400,000 -19,400,000 -9,100,000 
          net cash from operating activities
        59,700,000 70,700,000 8,400,000 12,600,000 54,300,000 51,800,000 24,100,000 -90,300,000 72,200,000 266,800,000 37,800,000 -1,900,000 27,500,000 70,700,000 84,000,000 64,500,000 59,600,000 102,300,000 105,700,000 103,200,000 -16,000,000 33,900,000 
          capital expenditures
        -3,700,000 -28,000,000 -20,800,000 -8,300,000 -19,900,000 -24,500,000 -38,600,000 -28,100,000 -33,900,000 -27,500,000 -23,400,000 -12,100,000 -15,000,000 -19,000,000 -27,200,000 -19,200,000 -21,200,000 -21,200,000 -29,100,000 -36,900,000 -18,900,000 -31,200,000 
          free cash flows
        56,000,000 42,700,000 -12,400,000 4,300,000 34,400,000 27,300,000 -14,500,000 -118,400,000 38,300,000 239,300,000 14,400,000 -14,000,000 12,500,000 51,700,000 56,800,000 45,300,000 38,400,000 81,100,000 76,600,000 66,300,000 -34,900,000 2,700,000 
          cash flows from investing activities
                              
          purchases of property, equipment and software
        -3,700,000 -28,000,000 -20,800,000 -8,300,000 -19,900,000 -24,500,000 -38,600,000 -28,100,000 -33,900,000 -27,500,000 -23,400,000 -12,100,000 -15,000,000 -19,000,000 -27,200,000 -19,200,000 -21,200,000 -21,200,000 -29,100,000 -36,900,000 -18,900,000 -31,200,000 
          proceeds from sale of headquarters
            16,900,000               
          other investing activities
        700,000 2,500,000 -300,000 -500,000 2,200,000 5,100,000 200,000 100,000 200,000 100,000 200,000 400,000 600,000 1,100,000 2,500,000 1,000,000 4,400,000 700,000 1,700,000 1,300,000 -8,700,000 1,800,000 
          net cash from investing activities
        -3,000,000 -25,500,000 -21,100,000 -8,800,000 -17,700,000 -19,400,000 -38,400,000 -11,100,000 -33,700,000 -27,400,000 -23,200,000 -11,700,000 -14,400,000 -32,900,000 -24,700,000 -25,900,000 -16,800,000 -20,500,000 -27,400,000 -4,300,000 -36,200,000 -29,400,000 
          cash flows from financing activities
                              
          proceeds from employee stock plans
        200,000   500,000   500,000   1,000,000 2,200,000 500,000 9,700,000 7,500,000 22,200,000 21,700,000 19,800,000  
          shares of common stock withheld for employee taxes
        -1,200,000   -900,000 -3,400,000            -100,000 -1,400,000 
          proceeds from borrowings under long-term debt arrangements
        25,000,000 50,000,000 50,000,000 30,000,000 275,000,000       2,838,500,000 550,000,000 
          payments on long-term debt
        -54,800,000 -76,100,000 -41,200,000 -26,100,000 -24,500,000 -46,600,000 -56,300,000 -35,600,000 -90,100,000 -84,800,000 -51,600,000 -15,400,000 -5,700,000 -5,800,000 -5,700,000 -5,800,000 -5,800,000 -5,700,000 -55,800,000 -2,810,600,000 -639,300,000  
          debt extinguishment costs
            -22,100,000               
          payments on financing component of interest rate swap
        -4,400,000 -4,300,000 -4,400,000 -4,300,000 -4,300,000 -4,400,000 -4,300,000 -4,300,000 -4,500,000 -5,700,000 -4,200,000 -4,400,000 -4,300,000 -4,400,000 -4,200,000 -4,300,000 -4,300,000 -4,300,000     
          principal payments of finance lease liabilities
        -13,300,000 -15,400,000 -14,700,000 -13,200,000 -12,900,000 -13,200,000 -12,900,000 -17,900,000 -19,400,000 -21,200,000 -20,500,000 -18,600,000 -17,600,000 -17,300,000 -16,400,000 -15,900,000 -14,900,000 -14,300,000 -10,900,000 -10,500,000 -9,700,000 -7,200,000 
          principal payments of financing obligations
        -2,700,000 -1,900,000 -4,300,000 -7,000,000 -4,800,000 -2,300,000 -4,700,000 -3,500,000 -7,900,000 -7,900,000 -4,000,000 -2,900,000 -11,600,000 -14,500,000 -11,700,000 -11,200,000 -15,300,000 -18,000,000 -11,300,000 -11,300,000 -10,600,000 -23,900,000 
          net cash from financing activities
        -50,000,000 -48,900,000 -15,100,000 -20,600,000 -46,000,000 -67,400,000 -77,800,000 188,200,000 -121,400,000 -120,600,000 -29,500,000 -41,300,000 -38,200,000 -44,400,000 -63,600,000 -40,800,000 -30,600,000 -34,800,000 -62,300,000 -4,500,000 -98,600,000 85,200,000 
          effect of exchange rate changes on cash, cash equivalents, and restricted cash
        -700,000 2,400,000 900,000 -3,700,000 2,000,000 -300,000 -1,000,000 1,900,000 -1,100,000 500,000 900,000 4,400,000 -5,100,000 -3,500,000 -1,600,000 -200,000 -1,700,000 300,000 -700,000 2,400,000 2,100,000 
          decrease in cash, cash equivalents, and restricted cash
        6,700,000 -4,400,000         -14,400,000 -54,000,000           
          cash, cash equivalents, and restricted cash at beginning of period
        147,000,000 199,700,000 231,400,000 275,400,000 108,100,000 
          cash, cash equivalents, and restricted cash at end of period
        6,700,000 -4,400,000 -25,400,000 131,100,000 -13,100,000 -33,000,000 -92,400,000 285,500,000 -81,000,000 117,700,000 -14,400,000 177,400,000 -20,700,000 -11,700,000 -7,800,000 271,600,000 12,000,000 45,300,000 16,300,000 201,800,000 -148,400,000 91,800,000 
          loss on investments
           100,000     -100,000 -100,000 -100,000 -200,000 100,000 200,000 100,000 -600,000 -100,000 3,700,000   
          increase in cash, cash equivalents, and restricted cash
           -15,900,000    85,800,000 -81,000,000    -20,700,000 -11,700,000 -7,800,000 -3,800,000 12,000,000 45,300,000 16,300,000 93,700,000 -148,400,000 91,800,000 
          amortization of operating right-of-use assets
            16,200,000 17,200,000 18,400,000 15,800,000 15,300,000 15,400,000 27,400,000 15,100,000 15,800,000 15,400,000 14,300,000 14,300,000 14,500,000 15,400,000 20,100,000 15,900,000 20,000,000 14,400,000 
          changes in operating assets and liabilities, net of effects of acquisitions:
                              
          acquisitions, net of cash acquired
                    -7,700,000       
          purchase of convertible promissory note
                             
          shares of common stock repurchased
                    -26,900,000 -4,100,000       
          other financing activities
                    -2,400,000         
          debt modification costs and gain on debt extinguishment
             -18,000,000 -72,500,000 -56,700,000               
          third party fees paid in connection with the refinancing transactions
             -3,300,000 -28,400,000               
          gain on sale of land
                        -19,900,000   
          debt modification costs and loss on debt extinguishment
                              
          amortization of debt issuance costs and debt discount
                1,900,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,100,000 2,700,000 4,100,000 4,500,000 
          proceeds from sale of land
                        31,300,000   
          payments for debt issuance costs
                        -2,200,000 -32,300,000 -7,400,000 -400,000 
          gain on debt extinguishment
                 -55,400,000 -94,900,000 -12,800,000           
          debt modification and extinguishment costs
                         500,000 37,000,000   
          proceeds from sales of investments
                              
          proceeds from issuance of common stock
                              
          proceeds from financing obligations
                            
          supplemental cash flow information
                              
          cash payments for interest, net of amount capitalized
                             56,700,000 
          cash payments for income taxes, net of refunds
                             5,200,000 
          non-cash investing and financing activities
                              
          acquisition of property, equipment and software by finance leases
                              
          acquisition of property, equipment and software by financing obligations
                              
          increase in property, equipment and software accrued in liabilities
                              
          non-cash purchases of property, equipment and software
                              
          non-cash increase in buildings within property, equipment and software, net due to lease modification
                              
          debt issuance costs included in accrued liabilities
                              
          other non-cash investing and financing activities
                              
          gain on divestiture
                              
          debt modification costs and extinguishment loss
                              
          proceeds from divestiture
                              
          repurchase of common stock
                              
          cash settlement of share-based awards
                              
          gain on sale
                              
          loss on extinguishment of debt
                            34,500,000  
          proceeds from sales
                              
          principal payments of capital leases
                              
          proceeds from sale
                              
          proceeds from issuance of common stock upon initial public offering, net of offering costs
                              
          net income
                              
          gain on extinguishment of debt
                              
          repayments of debt