RGTI Q2 2023 Earnings — Rigetti Computing, Inc. Revenue & Financial Results | Market Cap Arena

RGTIRigetti Computing, Inc.

$6B

Q2 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3M+55.9% YoY

Gross Profit

$3M82.1% margin

Operating Income

-$16M-488.0% margin

Net Income

-$17M-509.9% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+51.2%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$19M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$168M

Total Liabilities

$49M

Stockholders' Equity

$118M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+55.9%
Gross Profit	$3M	$1M	+116.5%
Operating Income	-$16M	-$26M	+37.0%
Net Income	-$17M	-$12M	-38.5%

Revenue Segments

Access to quantum computing systems

$843,000100%