Rigetti Computing, Inc.

Rigetti Computing, Inc.

Technology

NASDAQ:RGTI · NASDAQ Capital Market

Market Cap $7.07B Beta 1.90 P/E (TTM) -31.3
$21.27 +3.10%

+$0.64 today

52W Low $10.30High $58.15

Vol 30.25M · Avg 39.46M

EPS (TTM)-$0.68
Computer Hardware

Income Statement

Follow revenue through to earnings

Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.

Earnings Waterfall

Revenue to Net Income

Key Ratios

EPS$-0.87
Gross Margin-17.0%
Net Margin-3186.5%
P/E Ratio-23.3
P/S Ratio2917.4

Analysis

$10.0M of revenue converted into -$225.7M of net income for the selected period. Gross margin is -17.0% and net margin is -3186.5%, showing how much revenue survives after costs and taxes. EPS is $-0.87, tying the income statement back to per-share earnings.

Income Statement

Annual data · 5 periods

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue
$7.1M
-34.3%
$10.8M
-10.1%
$12.0M
-8.3%
$13.1M
+59.9%
$8.2M
$809.6M$921.6M$731.2M
Cost of Revenue
$13.2M
+159.0%
$5.1M
+81.9%
$2.8M
-2.5%
$2.9M
-54.2%
$6.3M
$725.6M$804.0M$882.4M
Gross Profit
-$6.1M
-207.2%
$5.7M
-38.1%
$9.2M
-10.0%
$10.2M
+432.2%
$1.9M
$8.9B$7.6B$6.2B
Gross Margin
-86.1%
-138.9pp
52.8%
-23.9pp
76.7%
-1.4pp
78.1%
+54.6pp
23.5%
9.8%28.9%38.3%
Research & Development
$61.3M
+23.3%
$49.8M
-5.7%
$52.8M
-12.0%
$60.0M
+122.6%
$26.9M
$983.2M$1.3B$490.4M
Selling, General & Admin
$17.2M
-29.6%
$24.5M
-11.8%
$27.7M
-48.6%
$54.0M
+259.2%
$15.0M
$620.6M$923.0M-$1.5B
Operating Expenses
$78.6M
+5.9%
$74.2M
-9.0%
$81.5M
-31.7%
$119.3M
+230.9%
$36.1M
$5.3B$7.0B$8.7B
Depreciation & Amortization
$8.2M
+18.3%
$6.9M
-7.0%
$7.4M
+5.8%
$7.0M
+50.9%
$4.7M
$374.2M$1.2B$631.8M
EBITDA
-$208.0M
-9.0%
-$190.8M
-208.3%
-$61.9M
-4.5%
-$59.2M
-90.3%
-$31.1M
-$15.2B$6.8B$9.3B
EBITDA Margin
-2935.1%
-1166.6pp
-1768.6%
-1253.0pp
-515.5%
-63.5pp
-452.0%
-72.2pp
-379.8%
5.6%46.3%42.0%
Operating Income
-$84.7M
-23.6%
-$68.5M
+5.2%
-$72.3M
+33.7%
-$109.1M
-219.6%
-$34.1M
$12.3B$14.0B-$15.7B
Operating Margin
-1194.4%
-559.5pp
-634.9%
-32.9pp
-602.1%
+230.5pp
-832.5%
-416.1pp
-416.4%
16.6%24.1%22.0%
Interest Income
$16.6M
+223.9%
$5.1M
+0.7%
$5.1M
+108.6%
$2.4M
+24230.0%
$10.0K
-$1.5B-$1.6B$405.0M
Interest Expense
$0
-100.0%
$3.3M
-43.7%
$5.8M
+9.3%
$5.3M
+114.4%
$2.5M
$1.1B$1.0B$1.2B
Other Income / Expenses
-$131.6M
+0.7%
-$132.5M
-4611.2%
-$2.8M
-107.5%
$37.6M
+1013.4%
-$4.1M
-$1.5B$1.4B$1.2B
Income Before Tax
-$216.2M
-7.6%
-$201.0M
-167.6%
-$75.1M
-5.0%
-$71.5M
-87.0%
-$38.2M
$3.3B$4.9B$3.6B
Pre-Tax Margin
-3050.4%
-1187.6pp
-1862.7%
-1237.3pp
-625.5%
-79.6pp
-545.9%
-79.3pp
-466.6%
20.8%18.7%26.2%
Income Tax Expense
$0
$0
$0
$0
$0
$1.3B-$1.6B$745.2M
Net Income
-$216.2M
-7.6%
-$201.0M
-167.6%
-$75.1M
-5.0%
-$71.5M
-87.0%
-$38.2M
$4.9B$4.8B$4.7B
Net Margin
-3050.4%
-1187.6pp
-1862.7%
-1237.3pp
-625.5%
-79.6pp
-545.9%
-79.3pp
-466.6%
12.4%17.5%22.5%
EPS (Basic)
-$1
+35.8%
-$1
-91.2%
-$1
+18.6%
-$1
+66.7%
-$2
$400.8M$703.2M$1.3B
EPS (Diluted)
-$1
+35.8%
-$1
-91.2%
-$1
+18.6%
-$1
+66.7%
-$2
$766.2M$609.4M$452.6M
Weighted Avg Shares
$309.8M
+67.7%
$184.7M
+39.9%
$132.0M
+29.0%
$102.3M
+461.4%
$18.2M
$757.8M$925.8M$1.1B
Weighted Avg Shares (Diluted)
$309.8M
+67.7%
$184.7M
+39.9%
$132.0M
+29.0%
$102.3M
+461.4%
$18.2M
$1.2B$924.4M$678.0M

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SEC Filings

Recent regulatory filings

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How much revenue does RGTI generate?

Rigetti Computing, Inc. (RGTI) reported $7.09M of revenue in fiscal 2025.

Is RGTI profitable?

Rigetti Computing, Inc. (RGTI) reported -$216,210,000.00 of net income, with a net margin of -3050.4%.

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