Rigetti Computing
RGTI
14.59
-0.58
-3.82%
Rigetti Computing
US · RGTI
#2117 by market cap
Listed 1970
14.59
-0.58
-3.82%
Live - 5344 symbols - heartbeat 46s ago
· 2026-10-08 07:50
Pre-market
14.44
-1.03%
After-hours
14.66
+0.48%
Overnight
14.50
-0.62%
- Market cap
- 4.87B
- P/E (TTM)i
- -17.58
- P/Bi
- 9.06
- EPSi
- -0.70
- Div yieldi
- 0.00%
- 52W posi
- 5%
Reader sentiment
Are you bullish or bearish on RGTI?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 23.04, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year -34.31% YoY
Margins
- Gross margin
- 29.12%
- Operating margin
- -1,194.41%
- Net margin
- -3,050.37%
Key ratios & quality
- Altman Z-Scorei
- 23.04
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2020 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 735.48K | -- | 8.20M | 13.10M | 12.01M | 10.79M | 7.09M |
| Gross profit | 447.32K | -- | 6.57M | 10.23M | 9.21M | 5.70M | 2.06M |
| Selling & admin expenses | 18.70M | -- | 13.77M | 53.98M | 27.74M | 24.46M | 25.38M |
| Research & development | 29.45M | -- | 26.93M | 59.95M | 52.77M | 49.75M | 61.35M |
| Operating profit | -47.70M | -- | -34.13M | -103.70M | -71.30M | -68.51M | -84.66M |
| Pretax profit | -53.82M | -- | -38.24M | -71.52M | -75.11M | -200.99M | -216.21M |
| Tax | -- | -- | 0 | 0 | 0 | 0 | 0 |
| Net profit | -53.82M | -- | -38.24M | -71.52M | -75.11M | -200.99M | -216.21M |
| Basic EPS | 0 | -- | 0 | -1 | -1 | -1 | -1 |
| Diluted EPS | -0.47 | -- | -0.34 | -0.70 | -0.57 | -1.09 | -0.70 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 1.47M | 1.80M | 1.95M | 1.87M | 4.40M | 5.14M |
| Gross profit | 442.00K | 566.00K | 404.00K | 652.00K | 1.38M | 2.19M |
| Selling & admin expenses | 6.62M | 6.93M | 5.93M | 5.90M | 7.37M | 9.52M |
| Research & development | 15.46M | 13.52M | 15.02M | 17.35M | 19.96M | 20.73M |
| Operating profit | -21.63M | -19.88M | -20.55M | -22.60M | -25.95M | -28.06M |
| Pretax profit | 42.62M | -39.65M | -200.97M | -18.21M | 33.11M | -52.61M |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 42.62M | -39.65M | -200.97M | -18.21M | 33.11M | -52.61M |
| Basic EPS | 0 | 0 | -1 | 0 | 0 | 0 |
| Diluted EPS | 0.13 | -0.13 | -0.62 | -0.06 | -0.06 | -0.16 |
Balance sheet
| Line item | 2020 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | 1.62M | -- | 18.07M | 154.47M | 107.67M | 206.76M | 454.76M |
| Cash & ST investments | 308.71K | -- | 11.73M | 142.81M | 99.93M | 192.09M | 443.51M |
| Inventory | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 27.49M | -- | 46.43M | 203.44M | 159.91M | 284.79M | 666.57M |
| Total current liabilities | 34.80M | -- | 7.57M | 21.75M | 29.05M | 11.87M | 12.15M |
| Short-term debt | 26.89M | -- | 575.00K | 10.65M | 14.37M | 2.16M | 2.24M |
| Long-term debt | -- | -- | 24.22M | 20.64M | 9.89M | -- | -- |
| Total liabilities | 155,897,860.00 | -- | 117,956,000.00 | 53,218,000.00 | 50,325,000.00 | 158,198,000.00 | 120,375,000.00 |
| Total equity | -128.41M | -- | -71.53M | 150.22M | 109.59M | 126.59M | 546.20M |
| Retained earnings | -142.76M | -- | -207.13M | -278.65M | -353.76M | -554.75M | -770.96M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 214.36M | 433.58M | 456.29M | 454.76M | 432.21M | 414.39M |
| Cash & ST investments | 209.13M | 425.74M | 446.98M | 443.51M | 418.25M | 393.71M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 269.14M | 636.69M | 630.27M | 666.57M | 650.68M | 648.23M |
| Total current liabilities | 11.39M | 10.43M | 11.63M | 12.15M | 61.88M | 105.06M |
| Short-term debt | 2.18M | 2.20M | 2.22M | 2.24M | 2.27M | 2.66M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 62,010,000.00 | 83,427,000.00 | 258,448,000.00 | 120,375,000.00 | 67,086,000.00 | 110,799,000.00 |
| Total equity | 207.13M | 553.26M | 371.83M | 546.20M | 583.60M | 537.43M |
| Retained earnings | -512.13M | -551.78M | -752.75M | -770.96M | -737.85M | -790.45M |
Cash flow
| Line item | 2020 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -36.89M | -- | -29.04M | -62.69M | -50.58M | -50.63M | -58.54M |
| Depreciation & amortization | 3.94M | -- | 4.65M | 7.02M | 7.43M | 6.91M | 8.17M |
| Free cash flow | -39.98M | -- | -36.05M | -85.43M | -59.64M | -61.73M | -77.22M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | 0 | 20.54M | 206.34M | 381.72M |
| Ending cash balance | 625.84K | -- | 12.05M | 57.89M | 21.39M | 67.67M | 44.85M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -13.65M | -16.17M | -13.82M | -14.90M | -16.22M | -15.78M |
| Depreciation & amortization | 1.83M | 1.89M | 2.07M | 2.37M | 2.62M | 2.87M |
| Free cash flow | -16.20M | -21.84M | -19.71M | -19.47M | -20.63M | -27.77M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | 0 | 0 | -- | -- |
| Ending cash balance | 37.16M | 57.18M | 26.13M | 44.85M | 48.15M | 27.76M |
Returns & efficiency
| Line item | 2020 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -47.61 | -57.82 | -170.20 | -64.27 |
| ROA %i | -195.80 | -67.72 | -- | -35.16 | -41.34 | -90.39 | -45.45 |
| ROIC %i | -- | -- | -- | -36.26 | -45.16 | -147.23 | -67.59 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -6,485.81 | -633.13 | -- | -505.53 | -577.35 | -1,832.56 | -3,050.37 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.05 | 7.40 | -- | 7.10 | 3.71 | 17.42 | 37.42 |
| Quick ratioi | 0.01 | 7.08 | -- | 6.85 | 3.61 | 16.39 | 36.71 |
| Debt / assetsi | 97.84 | -- | -- | 19.24 | 19.11 | 3.09 | 1.08 |
| LT debt / equityi | -- | -- | -- | 18.97 | 14.77 | 5.25 | 0.90 |
| Interest coveragei | -- | -- | -- | -12.53 | -12.00 | -60.75 | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | 103.98 | 18.53 | -18.52 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -85.28 | -48.81 | -141.90 | -64.27 | -57.09 | -43.77 |
| ROA %i | -63.81 | -41.25 | -89.13 | -45.45 | -49.08 | -37.15 |
| ROIC %i | -78.99 | -48.51 | -138.30 | -67.59 | -60.92 | -47.08 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -1,470.66 | -2,064.98 | -4,677.32 | -3,050.37 | -2,201.77 | -1,712.79 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 18.82 | 41.57 | 39.22 | 37.42 | 6.98 | 3.94 |
| Quick ratioi | 18.45 | 40.99 | 38.62 | 36.71 | 6.83 | 3.78 |
| Debt / assetsi | 3.12 | 1.26 | 1.21 | 1.08 | 1.04 | 1.19 |
| LT debt / equityi | 3.01 | 1.05 | 1.45 | 0.90 | 0.77 | 0.94 |
| Interest coveragei | -63.06 | -138.80 | -785.91 | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Sales of quantum computers and quantum components is the largest reported line at 79.76% of revenue, across 3 reported segments.
- The next-largest line, Collaborative research and professional services, is a distant second at 18.53% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Sales of quantum computers and quantum components79.76%
Collaborative research and professional services18.53%
Access to quantum computing systems1.71%
Quote time 2026-10-08 07:50:23 · For reference only, not investment advice and not tailored to your situation.