RGTI Q2 2024 Earnings — Rigetti Computing, Inc. Revenue & Financial Results | Market Cap Arena

RGTIRigetti Computing, Inc.

$6B

Q2 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3M-7.2% YoY

Gross Profit

$2M64.5% margin

Operating Income

-$16M-521.2% margin

Net Income

-$12M-402.5% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$16M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$162M

Total Liabilities

$40M

Stockholders' Equity

$122M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	-7.2%
Gross Profit	$2M	$3M	-27.1%
Operating Income	-$16M	-$16M	+0.9%
Net Income	-$12M	-$17M	+26.8%

Revenue Segments

Access to quantum computing systems

$5,000100%