RGTI Q1 2022 Earnings — Rigetti Computing, Inc. Revenue & Financial Results | Market Cap Arena

RGTIRigetti Computing, Inc.

$6B

Q1 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$2M-10.8% YoY

Gross Profit

$2M80.3% margin

Operating Income

-$25M-1201.1% margin

Net Income

-$18M-838.5% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+52.8%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$19M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$246M

Total Liabilities

$80M

Stockholders' Equity

$165M

Cash & Equivalents

$207M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	-10.8%
Gross Profit	$2M	$2M	-19.0%
Operating Income	-$25M	-$8M	-229.1%
Net Income	-$18M	-$8M	-126.6%

Revenue Segments

Quantum computing components

$2M50%

Collaborative research and other professional services

$2M36%

Access to quantum computing systems

$589,00014%

Geographic Segments

UNITED STATES

$2M90%

Europe

$204,00010%