RGTI Q3 2024 Earnings — Rigetti Computing, Inc. Revenue & Financial Results | Market Cap Arena

RGTIRigetti Computing, Inc.

$6B

Q3 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$2M-23.4% YoY

Gross Profit

$1M50.6% margin

Operating Income

-$17M-729.4% margin

Net Income

-$15M-623.8% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-22.9%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$18M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$157M

Total Liabilities

$34M

Stockholders' Equity

$123M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$3M	-23.4%
Gross Profit	$1M	$2M	-47.0%
Operating Income	-$17M	-$17M	-3.1%
Net Income	-$15M	-$22M	+33.2%

Revenue Segments

Access to quantum computing systems

$72,000100%