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Rigetti Computing (RGTIW) Financials

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$7.97 +0.22 (+2.84%)
Closing price 03:57 PM Eastern
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$7.94 -0.04 (-0.44%)
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Annual Income Statements for Rigetti Computing

Annual Income Statements for Rigetti Computing

This table shows Rigetti Computing's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-23 -72 -75 -201 -216
Consolidated Net Income / (Loss)
-46 -72 -75 -201 -216
Net Income / (Loss) Continuing Operations
-23 -72 -75 -201 -216
Total Pre-Tax Income
-23 -72 -75 -201 -216
Total Operating Income
-4.90 -109 -72 -69 -85
Total Gross Profit
0.00 10 9.21 5.70 2.06
Total Revenue
0.00 13 12 11 7.09
Operating Revenue
- 13 12 11 7.09
Total Cost of Revenue
0.00 2.87 2.80 5.09 5.02
Operating Cost of Revenue
- 2.87 2.80 5.09 5.02
Total Operating Expenses
4.90 119 82 74 87
Selling, General & Admin Expense
4.90 54 28 24 25
Research & Development Expense
- 60 53 50 61
Total Other Income / (Expense), net
-18 38 -2.81 -132 -132
Interest Expense
- 5.29 5.78 3.68 0.00
Interest & Investment Income
0.02 2.43 5.08 5.11 17
Other Income / (Expense), net
-18 40 -2.11 -134 -148
Income Tax Expense
- 0.00 0.00 0.00 0.00
Basic Earnings per Share
($0.62) ($0.70) ($0.57) ($1.09) ($0.70)
Weighted Average Basic Shares Outstanding
0.00 102.30M 131.98M 184.67M 309.76M
Diluted Earnings per Share
($1.24) ($0.70) ($0.57) ($1.09) ($0.70)
Weighted Average Diluted Shares Outstanding
0.00 102.30M 131.98M 184.67M 309.76M
Weighted Average Basic & Diluted Shares Outstanding
37.07M 102.30M 131.98M 285.83M 332.15M

Quarterly Income Statements for Rigetti Computing

This table shows Rigetti Computing's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-17 -22 -13 -21 -12 -15 -153 43 -40 -201 -18
Consolidated Net Income / (Loss)
-17 -22 -13 -21 -12 -15 -153 43 -40 -201 -18
Net Income / (Loss) Continuing Operations
-17 -22 -13 -21 -12 -15 -153 43 -40 -201 -18
Total Pre-Tax Income
-17 -22 -13 -21 -12 -15 -153 43 -40 -201 -18
Total Operating Income
-16 -17 -17 -17 -16 -17 -18 -22 -20 -21 -23
Total Gross Profit
2.73 2.27 2.52 1.50 1.99 1.20 1.00 0.44 0.57 0.40 0.65
Total Revenue
3.33 3.11 3.38 3.05 3.09 2.38 2.27 1.47 1.80 1.95 1.87
Operating Revenue
3.33 3.11 3.38 3.05 3.09 2.38 2.27 1.47 1.80 1.95 1.87
Total Cost of Revenue
0.60 0.83 0.86 1.55 1.10 1.17 1.27 1.03 1.24 1.54 1.22
Operating Cost of Revenue
0.60 0.83 0.86 1.55 1.10 1.17 1.27 1.03 1.24 1.54 1.22
Total Operating Expenses
19 19 20 18 18 19 19 22 20 21 23
Selling, General & Admin Expense
5.75 6.05 6.94 6.61 6.21 5.80 5.84 6.62 6.93 5.93 5.90
Research & Development Expense
13 13 13 11 12 13 14 15 14 15 17
Total Other Income / (Expense), net
-0.73 -5.38 4.64 -4.19 3.66 2.51 -134 64 -20 -180 4.39
Interest & Investment Income
1.20 1.26 1.33 1.12 1.22 1.23 1.55 2.15 3.04 5.60 5.77
Other Income / (Expense), net
-0.36 -5.17 4.57 -4.20 3.42 2.02 -135 62 -23 -186 -1.38
Basic Earnings per Share
($0.13) ($0.17) ($0.08) ($0.14) ($0.07) ($0.08) ($0.80) $0.15 ($0.13) ($0.62) ($0.10)
Weighted Average Basic Shares Outstanding
128.52M 133.87M 131.98M 151.86M 171.90M 188.39M 184.67M 284.70M 298.25M 325.02M 309.76M
Diluted Earnings per Share
($0.13) $0.00 ($0.25) ($0.14) ($0.07) ($0.08) ($0.88) $0.13 ($0.13) ($0.62) ($0.08)
Weighted Average Diluted Shares Outstanding
128.52M 0.00 131.98M 151.86M 171.90M 188.39M 184.67M 301.60M 298.25M 325.02M 309.76M
Weighted Average Basic & Diluted Shares Outstanding
128.52K 133.87M 131.98M 151.86M 191.24M 192.30M 285.83M 290.32M 324.17M 330.03M 332.15M

Annual Cash Flow Statements for Rigetti Computing

This table details how cash moves in and out of Rigetti Computing's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
0.53 46 -36 46 -23
Net Cash From Operating Activities
-0.96 -63 -51 -51 -59
Net Cash From Continuing Operating Activities
-0.96 -63 -51 -51 -59
Net Income / (Loss) Continuing Operations
-23 -72 -75 -201 -216
Consolidated Net Income / (Loss)
-23 -72 -75 -201 -216
Depreciation Expense
- 7.02 7.43 6.91 8.17
Amortization Expense
- 1.47 1.45 0.84 0.00
Non-Cash Adjustments To Reconcile Net Income
18 22 15 102 160
Changes in Operating Assets and Liabilities, net
3.94 -22 0.45 41 -10
Net Cash From Investing Activities
-345 -107 0.77 -78 -403
Net Cash From Continuing Investing Activities
-345 -107 0.77 -78 -403
Purchase of Property, Plant & Equipment
- -23 -9.06 -11 -19
Purchase of Investments
- -84 -109 -225 -636
Sale and/or Maturity of Investments
- 0.00 119 158 251
Net Cash From Financing Activities
346 215 13 175 439
Net Cash From Continuing Financing Activities
346 215 13 175 439
Repayment of Debt
-0.28 -1.38 -8.33 -23 0.00
Issuance of Common Equity
354 6.07 22 206 382
Other Financing Activities, net
- 206 -0.11 -7.55 57
Effect of Exchange Rate Changes
- 0.10 0.08 -0.19 -0.04
Cash Interest Paid
- 3.82 4.34 2.35 0.00

Quarterly Cash Flow Statements for Rigetti Computing

This table details how cash moves in and out of Rigetti Computing's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Change in Cash & Equivalents
-4.41 20 -20 14 -14 -0.40 47 -31 20 -31 19
Net Cash From Operating Activities
-18 -4.54 -12 -13 -14 -15 -8.54 -14 -16 -14 -15
Net Cash From Continuing Operating Activities
-18 -4.54 -12 -13 -14 -15 -8.54 -14 -16 -14 -15
Net Income / (Loss) Continuing Operations
-17 -22 -13 -21 -12 -15 -153 43 -40 -201 -18
Consolidated Net Income / (Loss)
-17 -22 -13 -21 -12 -15 -153 43 -40 -201 -18
Depreciation Expense
2.16 2.13 1.05 1.79 1.55 1.82 1.75 1.83 1.89 2.07 2.37
Non-Cash Adjustments To Reconcile Net Income
2.82 7.98 0.11 5.11 0.66 2.00 94 -50 23 183 4.47
Changes in Operating Assets and Liabilities, net
-6.37 7.14 -1.35 0.44 -3.55 -4.61 48 -7.97 -0.94 2.05 -3.54
Net Cash From Investing Activities
12 14 -11 6.22 -13 6.27 -78 -24 -346 -20 -14
Net Cash From Continuing Investing Activities
12 14 -11 6.22 -13 6.27 -78 -24 -346 -20 -14
Purchase of Property, Plant & Equipment
-0.93 -1.78 -1.55 -5.49 -2.05 -2.28 -1.28 -2.55 -5.67 -5.89 -4.57
Purchase of Investments
-19 -21 -30 -27 -49 -22 -126 -44 -394 -84 -113
Sale and/or Maturity of Investments
32 37 21 39 38 31 50 23 54 70 104
Net Cash From Financing Activities
1.44 10 2.69 21 12 8.69 134 6.94 382 2.82 47
Net Cash From Continuing Financing Activities
1.44 10 2.69 21 12 8.69 134 6.94 382 2.82 47
Other Financing Activities, net
- - - -0.11 -0.27 -0.03 -7.63 6.94 0.44 2.82 47
Effect of Exchange Rate Changes
0.00 0.04 0.12 -0.09 -0.03 0.07 -0.15 -0.19 0.15 -0.07 0.07

Annual Balance Sheets for Rigetti Computing

This table presents Rigetti Computing's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
0.04 46 203 160 285 667
Total Current Assets
0.01 18 154 108 207 455
Cash & Equivalents
0.00 12 58 21 68 45
Short-Term Investments
- 0.00 85 79 124 399
Accounts Receivable
- 1.54 6.24 5.03 2.43 2.55
Prepaid Expenses
0.01 1.35 2.45 1.94 3.16 3.19
Other Current Assets
- 3.45 2.97 0.77 9.08 5.51
Plant, Property, & Equipment, net
0.00 22 40 44 45 57
Total Noncurrent Assets
0.03 5.86 9.45 7.76 33 155
Long-Term Investments
- - - 0.00 25 146
Other Noncurrent Operating Assets
0.03 0.48 9.45 7.76 8.32 8.44
Total Liabilities & Shareholders' Equity
0.04 46 203 160 285 667
Total Liabilities
0.03 36 53 50 158 120
Total Current Liabilities
0.03 7.57 22 29 12 12
Accounts Payable
0.00 5.78 10 14 9.60 9.07
Current Deferred Revenue
- 0.99 0.96 0.34 0.11 0.85
Other Current Liabilities
- 0.23 2.35 2.21 2.16 2.24
Total Noncurrent Liabilities
0.00 110 31 21 146 108
Noncurrent Deferred Revenue
- - - 0.00 0.70 0.70
Other Noncurrent Operating Liabilities
0.00 86 11 11 146 108
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
0.01 -72 150 110 127 546
Total Preferred & Common Equity
0.01 -72 150 110 127 546
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
0.01 -72 150 110 127 546
Common Stock
0.03 136 429 463 681 1,316
Retained Earnings
-0.01 -207 -279 -354 -555 -771
Accumulated Other Comprehensive Income / (Loss)
- 0.05 -0.16 0.24 0.11 1.00

Quarterly Balance Sheets for Rigetti Computing

This table presents Rigetti Computing's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025
Total Assets
213 182 168 165 162 162 157 269 637 630
Total Current Assets
170 130 118 117 110 110 104 214 434 456
Cash & Equivalents
74 26 22 42 35 21 20 37 57 26
Short-Term Investments
87 96 84 68 68 80 72 172 369 421
Accounts Receivable
2.30 5.32 7.63 3.00 4.71 5.23 6.38 1.07 1.75 2.28
Prepaid Expenses
3.63 1.76 3.34 3.47 2.58 3.96 4.90 2.12 3.06 3.66
Other Current Assets
2.67 1.22 1.09 0.00 - - - 2.04 3.03 3.38
Plant, Property, & Equipment, net
37 43 41 40 45 46 45 46 49 54
Total Noncurrent Assets
5.62 9.07 8.68 8.16 7.46 7.09 8.55 8.68 154 120
Long-Term Investments
- - - - - - - 0.00 146 112
Other Noncurrent Operating Assets
0.25 9.07 8.68 8.16 7.46 7.09 8.55 8.68 8.34 7.96
Total Liabilities & Shareholders' Equity
213 182 168 165 162 162 157 269 637 630
Total Liabilities
47 52 49 53 47 40 34 62 83 258
Total Current Liabilities
16 23 21 23 25 26 21 11 10 12
Accounts Payable
8.66 10 7.50 8.84 9.71 9.45 7.19 9.07 8.11 9.42
Current Deferred Revenue
0.81 0.56 0.83 0.47 0.13 0.84 0.89 0.15 0.12 0.00
Other Current Liabilities
0.00 2.35 2.35 2.21 2.22 2.23 2.14 2.18 2.20 2.22
Total Noncurrent Liabilities
30 29 28 29 22 15 13 51 73 247
Noncurrent Deferred Revenue
- - - - - - - 0.70 0.70 0.70
Other Noncurrent Operating Liabilities
7.48 12 12 16 15 11 11 50 72 246
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
166 129 118 113 116 122 123 207 553 372
Total Preferred & Common Equity
166 129 118 113 116 122 123 207 553 372
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
166 129 118 113 116 122 123 207 553 372
Common Stock
422 431 437 454 490 509 524 719 1,105 1,124
Retained Earnings
-256 -302 -319 -341 -375 -387 -402 -512 -552 -753
Accumulated Other Comprehensive Income / (Loss)
-0.53 -0.01 0.00 0.07 0.14 0.12 0.25 -0.09 0.13 0.69

Annual Metrics And Ratios for Rigetti Computing

This table displays calculated financial ratios and metrics derived from Rigetti Computing's official financial filings.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - 330,026,078.00
DEI Adjusted Shares Outstanding
- - - - 330,026,078.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - -0.66
Growth Metrics
- - - - -
Profitability Metrics
- - - - -
Net Operating Profit after Tax (NOPAT)
-3.43 -76 -51 -48 -59
Return On Investment Capital (ROIC_SIMPLE)
- - -38.44% -37.88% -10.85%
Earnings before Interest and Taxes (EBIT)
-23 -69 -74 -202 -233
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-23 -60 -66 -195 -225
Valuation Ratios
- - - - -
Leverage & Solvency
- - - - -
Liquidity Ratios
- - - - -
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
0.00 -171 -46 74 -106
Efficiency Ratios
- - - - -
Capital & Investment Metrics
- - - - -
Invested Capital
-58 36 32 -91 -44
Increase / (Decrease) in Invested Capital
0.00 95 -4.63 -122 47
Book Value per Share
($1.66) $1.27 $0.78 $0.66 $1.66
Tangible Book Value per Share
($1.78) $1.27 $0.78 $0.66 $1.66
Total Capital
-47 179 132 127 546
Total Debt
25 29 22 0.00 0.00
Total Long-Term Debt
24 21 9.89 0.00 0.00
Net Debt
13 -114 -78 -217 -590
Capital Expenditures (CapEx)
0.00 23 9.06 11 19
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-0.65 -1.79 -9.15 2.80 -0.90
Debt-free Net Working Capital (DFNWC)
11 141 91 195 443
Net Working Capital (NWC)
11 133 79 195 443
Net Nonoperating Expense (NNE)
43 -4.84 25 153 157
Net Nonoperating Obligations (NNO)
13 -114 -78 -217 -590
Total Depreciation and Amortization (D&A)
0.00 8.49 8.88 7.75 8.17
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
($0.62) ($0.70) ($0.57) ($1.09) ($0.70)
Adjusted Weighted Average Basic Shares Outstanding
0.00 102.30M 131.98M 184.67M 309.76M
Adjusted Diluted Earnings per Share
($1.24) ($0.70) ($0.57) ($1.09) ($0.70)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 102.30M 131.98M 184.67M 309.76M
Adjusted Basic & Diluted Earnings per Share
($1.24) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
37.07M 102.30M 131.98M 285.83M 332.15M
Normalized Net Operating Profit after Tax (NOPAT)
-3.43 -73 -50 -48 -59
Debt Service Ratios
- - - - -
Payout Ratios
- - - - -

Quarterly Metrics And Ratios for Rigetti Computing

This table displays calculated financial ratios and metrics derived from Rigetti Computing's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 330,026,078.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 330,026,078.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - -0.06
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
-11 -12 -12 -12 -11 -12 -13 -22 -14 -14 -16
Return On Investment Capital (ROIC_SIMPLE)
- - -9.15% - - - -10.23% -10.44% -2.52% -3.87% -2.90%
Earnings before Interest and Taxes (EBIT)
-17 -22 -13 -21 -13 -15 -154 40 -43 -207 -24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-14 -19 -11 -19 -11 -13 -152 42 -41 -204 -22
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-36 -4.16 -7.41 -8.71 -9.70 -29 109 12 43 216 -63
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
40 27 32 32 38 44 -91 -2.00 -18 -187 -44
Increase / (Decrease) in Invested Capital
24 -7.62 -4.63 -2.90 -1.56 16 -122 -34 -56 -231 47
Book Value per Share
$0.91 $0.85 $0.78 $0.73 $0.71 $0.64 $0.66 $0.72 $1.91 $1.15 $1.66
Tangible Book Value per Share
$0.91 $0.85 $0.78 $0.73 $0.71 $0.64 $0.66 $0.72 $1.91 $1.15 $1.66
Total Capital
145 137 132 135 139 136 127 207 553 372 546
Total Debt
27 25 22 19 16 13 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
16 13 9.89 6.50 3.36 2.06 0.00 0.00 0.00 0.00 0.00
Net Debt
-79 -86 -78 -83 -84 -79 -217 -209 -572 -559 -590
Capital Expenditures (CapEx)
0.93 1.78 1.55 5.49 2.05 2.28 1.28 2.55 5.67 5.89 4.57
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1.37 -5.05 -9.15 -4.78 -3.33 1.07 2.80 -6.16 -2.59 -2.32 -0.90
Debt-free Net Working Capital (DFNWC)
107 105 91 98 97 94 195 203 423 445 443
Net Working Capital (NWC)
96 94 79 85 84 82 195 203 423 445 443
Net Nonoperating Expense (NNE)
5.60 10 0.53 9.16 1.16 2.69 140 -64 26 187 2.39
Net Nonoperating Obligations (NNO)
-79 -86 -78 -83 -84 -79 -217 -209 -572 -559 -590
Total Depreciation and Amortization (D&A)
2.45 2.55 1.40 2.09 1.80 2.02 1.85 1.83 1.89 2.07 2.37
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.13) ($0.17) ($0.08) ($0.14) ($0.07) ($0.08) ($0.80) $0.15 ($0.13) ($0.62) ($0.10)
Adjusted Weighted Average Basic Shares Outstanding
128.52K 133.87M 131.98M 151.86M 171.90M 188.39M 184.67M 284.70M 298.25M 325.02M 309.76M
Adjusted Diluted Earnings per Share
($0.13) ($0.17) ($0.25) ($0.14) ($0.07) $0.00 ($0.88) $0.13 ($0.13) ($0.62) ($0.08)
Adjusted Weighted Average Diluted Shares Outstanding
128.52K 133.87M 131.98M 151.86M 171.90M 0.00 184.67M 301.60M 298.25M 325.02M 309.76M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
128.52K 133.87M 131.98M 151.86M 191.24M 192.30M 285.83M 290.32M 324.17M 330.03M 332.15M
Normalized Net Operating Profit after Tax (NOPAT)
-11 -12 -12 -12 -11 -12 -13 -15 -14 -14 -16
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Financials Breakdown Chart

Key Financial Trends

Here are the top takeaways from Rigetti Computing, Inc. (RGTI) for the last four years of quarterly statements, focused on what could matter to retail investors.

  • Strong liquidity position (latest available quarter): Cash about $26.1M and Short-Term Investments around $420.9M, with Total Current Assets of roughly $456.3M and Total Assets of about $630.3M as of Q3 2025.
  • Latest quarter gross margin around 35%: Q4 2025 gross profit $0.652M on revenue $1.868M, implying a gross margin near 35%.
  • Significant financing activity in Q4 2025: Net cash from financing activities about $47.17M, contributing to a modest positive net change in cash of $18.72M for the quarter.
  • Large equity financing in Q2 2025: Issuance of Common Equity ~$381.72M and Net Cash From Financing Activities around $382.16M, boosting liquidity in that period.
  • One-time investing note: Q4 2025 included a $104.0M inflow from sale/maturity of investments and a $113.0M outflow for purchases, yielding a net investing cash flow of about -$13.62M (continuing investing activities).
  • Revenue variability across quarters: Revenue fluctuated from about $1.47M (Q1 2025) to $1.95M (Q3 2025), with Q4 2025 at $1.87M—no clear, sustained upward trend.
  • Ongoing high operating costs: Q4 2025 total operating expenses were $23.25M (R&D $17.35M; SG&A $5.90M), contributing to negative operating income despite gross profit.
  • Significant net losses: Notable losses in recent years, including Q3 2025 net income of -$200.97M and Q4 2025 net income of -$18.21M (and other quarters showing substantial losses).
  • Negative operating cash flow in 2025: Net cash from continuing operating activities was -$13.92M (Q3 2025) and -$14.90M (Q4 2025); similar negative trends occurred in earlier 2025 quarters (Q2 -$16.17M, Q1 -$13.65M).
  • Heavy investing outlays: Large investments activity in 2025, e.g., Purchase of Investments around -$113.0M in Q4 2025 and -$346.1M in Q2 2025, with further outflows in other quarters (net investing often negative).
05/06/26 12:32 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Rigetti Computing's Financials

When does Rigetti Computing's fiscal year end?

According to the most recent income statement we have on file, Rigetti Computing's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Rigetti Computing's net income changed over the last 4 years?

Rigetti Computing's net income appears to be on an upward trend, with a most recent value of -$216.21 million in 2025, rising from -$46.34 million in 2021. The previous period was -$200.99 million in 2024.

What is Rigetti Computing's operating income?
Rigetti Computing's total operating income in 2025 was -$84.66 million, based on the following breakdown:
  • Total Gross Profit: $2.06 million
  • Total Operating Expenses: $86.72 million
How has Rigetti Computing's revenue changed over the last 4 years?

Over the last 4 years, Rigetti Computing's total revenue changed from $0.00 in 2021 to $7.09 million in 2025, a change of 708,800,000.0%.

How much debt does Rigetti Computing have?

Rigetti Computing's total liabilities were at $120.38 million at the end of 2025, a 23.9% decrease from 2024, and a 364,672.7% increase since 2020.

How much cash does Rigetti Computing have?

In the past 5 years, Rigetti Computing's cash and equivalents has ranged from $0.00 in 2020 to $67.67 million in 2024, and is currently $44.85 million as of their latest financial filing in 2025.

How has Rigetti Computing's book value per share changed over the last 4 years?

Over the last 4 years, Rigetti Computing's book value per share changed from -1.66 in 2021 to 1.66 in 2025, a change of -199.8%.



Financial statements for NASDAQ:RGTIW last updated on 3/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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