RGTI Q4 2023 Earnings — Rigetti Computing, Inc. Revenue & Financial Results | Market Cap Arena

RGTIRigetti Computing, Inc.

$6B

Q4 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3M-44.3% YoY

Gross Profit

$1M31.9% margin

Operating Income

-$17M-509.7% margin

Net Income

-$13M-372.4% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$14M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$160M

Total Liabilities

$50M

Stockholders' Equity

$110M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$6M	-44.3%
Gross Profit	$1M	$5M	-79.5%
Operating Income	-$17M	-$27M	+35.6%
Net Income	-$13M	-$23M	+45.0%

Revenue Segments

Access to quantum computing systems

$1M100%