RGTI Q3 2023 Earnings — Rigetti Computing, Inc. Revenue & Financial Results | Market Cap Arena

RGTIRigetti Computing, Inc.

$6B

Q3 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3M+10.7% YoY

Gross Profit

$2M73.1% margin

Operating Income

-$17M-542.1% margin

Net Income

-$22M-715.5% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

-6.7%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$165M

Total Liabilities

$53M

Stockholders' Equity

$113M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	+10.7%
Gross Profit	$2M	$2M	+12.0%
Operating Income	-$17M	-$31M	+46.3%
Net Income	-$22M	-$19M	-18.4%

Revenue Segments

Access to quantum computing systems

$839,000100%