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RGTI Q1 2024 Earnings — Rigetti Computing, Inc. Revenue & Financial Results | Market Cap Arena
RGTI
Rigetti Computing, Inc.
$6B
Q1 2024 Earnings
Technology
Computer Hardware
Income Statement
Revenue
$3M
+38.7% YoY
Gross Profit
-$287,000
-9.4% margin
Operating Income
-$17M
-543.4% margin
Net Income
-$21M
-680.6% margin
EPS (Diluted)
$-0.14
QoQ Revenue Growth
-9.6%
Cash Flow
Operating Cash Flow
-$13M
Free Cash Flow
-$19M
Stock-Based Comp.
$3M
Balance Sheet
Total Assets
$162M
Total Liabilities
$47M
Stockholders' Equity
$116M
Cash & Equivalents
$35M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3M
$2M
+38.7%
Gross Profit
-$287,000
$2M
-117.0%
Operating Income
-$17M
-$22M
+24.7%
Net Income
-$21M
-$23M
+11.1%
Revenue Segments
Access to quantum computing systems
$215,000
100%
← FY 2024
All Quarters
Q2 2024 →