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RGTI (Rigetti Computing, Inc.) Stock Financials & Earnings | Market Cap Arena
RGTI
Rigetti Computing, Inc.
Mkt Cap
$6B
Technology
·
Computer Hardware
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$7M
Net Income (TTM)
-$216M
EPS (TTM)
-$0.64
Free Cash Flow (TTM)
-$77M
Gross Margin
29.1%
Op. Margin
-1194.4%
Net Margin
-3050.4%
FCF Margin
-1089.4%
P/S Ratio (TTM)
832.7x
P/E Ratio (TTM)
—
YoY Rev Growth
-34.3%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$2M
$2M
-$22M
Q2 23
$3M
$3M
-$16M
Q3 23
$3M
$2M
-$17M
Q4 23
$3M
$1M
-$17M
Q1 24
$3M
-$287K
-$17M
Q2 24
$3M
$2M
-$16M
Q3 24
$2M
$1M
-$17M
Q4 24
$2M
$1M
-$18M
Q1 25
$1M
$442K
-$22M
Q2 25
$2M
$566K
-$20M
Q3 25
$2M
$404K
-$21M
Q4 25
$2M
$652K
-$23M
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Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
447.2x
—
Q2 23
410.1x
—
Q3 23
401.7x
—
Q4 23
491.5x
—
Q1 24
459.0x
—
Q2 24
467.7x
—
Q3 24
496.3x
—
Q4 24
547.0x
—
Q1 25
640.9x
—
Q2 25
744.8x
—
Q3 25
787.6x
—
Q4 25
832.7x
—
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$16M
-$20M
Q2 23
-$18M
-$19M
Q3 23
-$5M
-$6M
Q4 23
-$12M
-$14M
Q1 24
-$13M
-$19M
Q2 24
-$14M
-$16M
Q3 24
-$15M
-$18M
Q4 24
-$9M
-$10M
Q1 25
-$14M
-$16M
Q2 25
-$16M
-$22M
Q3 25
-$14M
-$20M
Q4 25
-$15M
-$19M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$5M
Q2 23
$931K
Q3 23
$2M
Q4 23
$2M
Q1 24
$5M
Q2 24
$2M
Q3 24
$2M
Q4 24
$1M
Q1 25
$3M
Q2 25
$6M
Q3 25
$6M
Q4 25
$5M
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OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+4.6%
-11.5%
Q2 23
+55.9%
-29.9%
Q3 23
+10.7%
-41.6%
Q4 23
-44.3%
-37.2%
Q1 24
+38.7%
-18.9%
Q2 24
-7.2%
-2.0%
Q3 24
-23.4%
-1.1%
Q4 24
-32.6%
+0.9%
Q1 25
-51.8%
+17.7%
Q2 25
-41.6%
+13.1%
Q3 25
-18.1%
+14.1%
Q4 25
-17.9%
+17.8%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$2M
77.4%
Q2 23
$3M
100.8%
Q3 23
$4M
118.2%
Q4 23
$4M
109.1%
Q1 24
$3M
98.0%
Q2 24
$3M
106.5%
Q3 24
$3M
144.1%
Q4 24
$3M
147.9%
Q1 25
$4M
283.6%
Q2 25
$4M
197.3%
Q3 25
$4M
220.8%
Q4 25
$6M
298.6%
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OpEx Breakdown
R&D
G&A
S&M
SG&A
Quarter
R&D
G&A
S&M
SG&A
Q1 23
$14M
$8M
$518K
—
Q2 23
$13M
$6M
—
—
Q3 23
$13M
$6M
—
—
Q4 23
$11M
—
—
$7M
Q1 24
$10M
—
—
$7M
Q2 24
$12M
—
—
$6M
Q3 24
$13M
—
—
$6M
Q4 24
$14M
—
—
$6M
Q1 25
$15M
—
—
—
Q2 25
$14M
—
—
—
Q3 25
$15M
—
—
—
Q4 25
$17M
—
—
$6M
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Revenue Segments
Access to quantum computing systems
Collaborative research and other professional services
Quarter
Access to quantum computing systems
Collaborative research and other professional services
Q1 23
$390K
$2M
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Revenue by Geography
Quarter
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War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$26M
$96M
$122M
Q2 23
$22M
$84M
$105M
Q3 23
$42M
$68M
$110M
Q4 23
$21M
$79M
$100M
Q1 24
$35M
$68M
$103M
Q2 24
$21M
$80M
$100M
Q3 24
$20M
$72M
$93M
Q4 24
$68M
$124M
$192M
Q1 25
$37M
$172M
$209M
Q2 25
$57M
$369M
$426M
Q3 25
$26M
$421M
$447M
Q4 25
$45M
$0
$45M
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Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
125M
+2.4%
Q2 23
129M
+3.0%
Q3 23
134M
+4.2%
Q4 23
141M
+5.0%
Q1 24
152M
+8.1%
Q2 24
172M
+13.2%
Q3 24
188M
+9.6%
Q4 24
185M
-2.0%
Q1 25
302M
+63.3%
Q2 25
298M
-1.1%
Q3 25
325M
+9.0%
Q4 25
310M
-4.7%
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Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 19
—
—
FY 20
—
—
FY 21
$2M
4
FY 22
$91K
144
FY 23
$90K
134
FY 24
$79K
137
FY 25
$43K
164
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