Rigetti Computing (RGTI) Stock

$13.29 -0.54 (-3.90%)
Market Cap: $3.22B | NASDAQ

Rigetti Computing Chart


Company Profile

Price: $13.29

Market Cap: $3.22B

Exchange: NASDAQ

CEO: Dr. Subodh K. Kulkarni Ph.D.

Sector: Technology

Industry: Computer Hardware

Employees: -0.00B

Headquarters: Berkeley, CA

Business Summary

Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.

Rigetti Computing News

Is Rigetti Computing a Millionaire-Maker Stock?

Big tech is known for its explosive hype cycles, and a potential breakthrough in quantum computing could create its fair share of millionaires. Research start-up Rigetti Computing (RGTI -3.91%) has positioned itself as a picks-and-shovels play on the opportunity -- similar to Nvidia 's role in generative artificial intelligence (AI).

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Why Quantum Computing Stocks Rigetti Computing, D-Wave Quantum, and Quantum Computing Fell Double Digits in January

Quantum computing stocks went on a roller-coaster ride last month as the high-flying emerging technology sector reacted to commentary from top tech leaders and others in the industry.

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Rigetti Computing, Inc. (RGTI) Rises Higher Than Market: Key Facts

In the closing of the recent trading day, Rigetti Computing, Inc. (RGTI) stood at $13.83, denoting a +0.8% change from the preceding trading day.

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Why Rigetti Computing, Inc. (RGTI) Outpaced the Stock Market Today

In the most recent trading session, Rigetti Computing, Inc. (RGTI) closed at $13.72, indicating a +1.86% shift from the previous trading day.

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Rigetti Computing, Inc. (RGTI) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Rigetti Computing (RGTI). This makes it worthwhile to examine what the stock has in store.

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Quantum Computing Stocks Tumbled in January. Should You Buy the Dip?

Quantum computing stocks skyrocketed at the end of 2024. Pure-play stocks in this corner of the tech sector saw absolutely stellar price gains from Nov. 1 to Dec. 31.

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Where Will Rigetti Computing Be in 3 Years?

Rigetti Computing (RGTI 7.07%), a developer of quantum computing systems, went public by merging with a special purpose acquisition company (SPAC) on March 2, 2022. Its stock opened at $9.75 on the first day, but it sank to an all-time low of just $0.38 on May 3, 2023.

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Which Quantum Computing Stocks Are Most Likely to Make You a Millionaire?

One path to amassing a fortune is to identify the next big thing and invest in the companies poised to emerge as the leaders in it. For example, you might have bought shares of Microsoft in the early days of the PC or Amazon in the early innings of the internet.

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Rigetti (RGTI), D-Wave Quantum (QBTS), and IonQ Are Down—But Are They Out?

Quantum computing stocks have exhibited extreme volatility in recent weeks.

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Is Rigetti Computing (RGTI) a Buy as Wall Street Analysts Look Optimistic?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

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Better Quantum Stock: D-Wave Quantum or Rigetti Computing?

Quantum computing has captured the imagination of investors. Despite the tech's multidecade timeline to maturity and possible widespread use, most quantum computing stocks have soared since President Trump's election victory last November.

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3 Quantum Computing Stocks I'm Buying on the Dip

3 Quantum Computing Stocks I'm Buying on the Dip

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Rigetti Stock Investors Will Not Want to Miss These Insights

Rigetti Computing's (RGTI 5.06%) CEO sat down with Wall Street analysts, and the resulting Q&A revealed incredible insights.

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Huge News for Rigetti Stock Investors

During an investor conference, Rigetti (RGTI -0.34%) stock investors got massive news from the company's management team.

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Rigetti Stock Investors: Here's What You Need to Know

Quantum computing investors have received interesting information recently.

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Rigetti Computing: Last Year's Explosive Growth Makes Sense

Rigetti Computing (RGTI) is a pioneer in quantum computing, with a 1,500% stock price surge in 2024 and a $4 billion market cap. Despite minimal revenue and deep unprofitability, RGTI's first-mover advantage and industry potential make it a compelling investment opportunity. The company's strategic partnerships, advanced technology, and Fab-1 facility position it well for future growth in a rapidly expanding market.

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Why Is Everyone Talking About Rigetti Stock?

Recent developments in quantum computing have investors excited about Rigetti (RGTI -2.00%) stock.

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Market Update: S&P 500 Hits New High, AI Spending Surges

The current market outlook leans bullish, especially over the long-term. Stock Strategist Andrew Rocco breaks it all down in today's commentary.

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2 Popular Quantum Computing Stocks Could Drop 52% and 77%, According to Wall Street

Alphabet subsidiary Google recently announced two major technical achievements with its Willow quantum computing chip. In response to the news, shares of Rigetti Computing (RGTI -3.16%) and D-Wave Quantum (QBTS -3.52%) during the next three weeks advanced 280% and 110%, respectively.

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Rigetti Computing, Inc. (RGTI) Stock Dips While Market Gains: Key Facts

The latest trading day saw Rigetti Computing, Inc. (RGTI) settling at $13.91, representing a -0.5% change from its previous close.

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Rigetti Computing (RGTI) Soars 42.2%: Is Further Upside Left in the Stock?

Rigetti Computing (RGTI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

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2 Scorching-Hot Quantum Computing Stocks That Can Plunge Up to 80%, According to 1 Wall Street Analyst

For more than two years, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have been unstoppable, with all three indexes rallying to multiple record-closing highs in 2024.

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Investors Heavily Search Rigetti Computing, Inc. (RGTI): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Rigetti Computing (RGTI). This makes it worthwhile to examine what the stock has in store.

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Down 50%, Should You Buy the Dip in Rigetti Computing?

For the last few months, investors in the artificial intelligence (AI) movement have become enamored with a new opportunity: quantum computing. While quantum computing stocks experienced a fleeting jolt toward the end of 2024, recent price action suggests the momentum may be coming to a halt.

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Better Quantum Computing Stock: Alphabet at $2.4T or Rigetti at $2.8B?

Alphabet is a stronger quantum computing stock compared to Rigetti due to its funding and fundamentals.

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RGTI Surges 679% in 3 Months: More Room to Grow or Time to Sell?

RGTI benefits from an expanding clientele and a strong foothold in the quantum computing space despite quantum market challenges.

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3 Must-Watch Semiconductor Stocks as NVIDIA Takes a Breather

The past two years have favored one sector of the stock market overall: the technology sector, with a specific amount of attention going into the semiconductor industry. Just as in any popularity cycle in the market, there was one darling name that investors chose to keep their sights on: NVIDIA Co. NASDAQ: NVDA.

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2 Quantum Computing Stocks That Could Be a Once-in-a-Lifetime Opportunity

The quantum computing revolution is changing technology as we know it. Quantum computers leverage the principles of quantum mechanics to perform calculations far beyond the capabilities of traditional computers.

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Here's Some Reassuring News for Anyone Invested in Quantum Computing Stocks

Last year, investors poured into artificial intelligence (AI) stocks, and the biggest players -- from Nvidia (NVDA 3.10%) to Amazon -- helped the general market soar. The S&P 500, the Dow Jones Industrial Average, and the Nasdaq each climbed in the double digits.

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Quantum computing comes into focus

CNBC's Kate Rooney reports on the latest regarding quantum computing stocks.

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Rigetti Computing Earnings

This section highlights Rigetti Computing's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: March 12, 2025
Time: After Market
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: November 12, 2024
EPS: $-
Est. EPS: $-0.09
Revenue: $-

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q3 2024 2024-11-12 N/A N/A
Read Transcript Q2 2024 2024-08-09 N/A N/A
Read Transcript Q1 2024 2024-05-09 $-0.08 $-0.14
Read Transcript Q4 2023 2024-03-14 $-0.13 $-0.09
Read Transcript Q3 2023 2023-11-09 $-0.10 $-0.13
Read Transcript Q2 2023 2023-08-10 $-0.17 $-0.13
Read Transcript Q1 2023 2023-05-11 $-0.16 $-0.19

Financial Statements

Access annual & quarterly financial statements for Rigetti Computing, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 January 31, 2021 January 31, 2020
Revenue $12.01M $13.10M $8.20M $5.54M $735.48K
Cost of Revenue $2.80M $2.87M $6.27M $1.49M $288.16K
Gross Profit $9.21M $10.23M $1.92M $4.05M $447.32K
Gross Profit Ratio 76.68% 78.07% 23.45% 73.09% 60.82%
Research and Development Expenses $52.77M $59.95M $26.93M $24.10M $29.45M
General and Administrative Expenses $- $47.63M $12.33M $13.16M $16.16M
Selling and Marketing Expenses $- $6.35M $2.70M $1.89M $2.54M
Selling General and Administrative Expenses $27.74M $53.98M $9.12M $15.04M $18.70M
Other Expenses $991.00K $2.50M $- $42.13K $-5.06M
Operating Expenses $81.50M $113.93M $36.05M $39.14M $48.15M
Cost and Expenses $84.30M $116.81M $42.33M $40.63M $48.44M
Interest Income $5.08M $2.43M $10.00K $60.15K $670.85K
Interest Expense $5.78M $5.29M $2.46M $- $-
Depreciation and Amortization $7.43M $7.55M $4.65M $4.30M $3.94M
EBITDA $-61.90M $-58.68M $-31.12M $-35.09M $-43.76M
EBITDA Ratio -515.51% -719.38% -359.66% -716.38% -5897.86%
Operating Income $-72.30M $-103.70M $-34.13M $-35.09M $-47.70M
Operating Income Ratio -602.06% -791.51% -416.41% -633.13% -6485.81%
Total Other Income Expenses Net $-2.81M $37.56M $-1.01M $8.96M $-6.11M
Income Before Tax $-75.11M $-71.52M $-38.24M $-26.13M $-53.82M
Income Before Tax Ratio -625.47% -545.88% -466.58% -471.39% -7317.15%
Income Tax Expense $- $-35.03M $-2.47M $-8.92M $1.05M
Net Income $-75.11M $-36.49M $-38.24M $-17.21M $-54.87M
Net Income Ratio -625.47% -278.48% -466.58% -310.42% -7460.35%
EPS $-0.57 $-0.36 $-2.10 $-0.40 $-0.48
EPS Diluted $-0.57 $-0.36 $-2.10 $-0.40 $-0.48
Weighted Average Shares Outstanding 131.98M 102.30M 18.22M 43.12M 113.81M
Weighted Average Shares Outstanding Diluted 131.98M 102.30M 18.22M 43.12M 113.81M
SEC Filing Source Source Source Source Source


Income Statement Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 September 30, 2021 June 30, 2021 March 31, 2021 January 31, 2021
Revenue $2.38M $3.09M $3.05M $3.38M $3.10M $3.33M $2.20M $6.06M $2.80M $2.13M $2.10M $- $- $2.36M $1.42M
Cost of Revenue $1.17M $1.10M $3.34M $2.30M $834.00K $597.00K $510.00K $810.00K $776.00K $873.00K $414.00K $- $- $273.00K $335.50K
Gross Profit $1.20M $1.99M $-287.00K $1.08M $2.27M $2.73M $1.69M $5.25M $2.03M $1.26M $1.69M $- $- $2.09M $1.08M
Gross Profit Ratio 50.63% 64.48% -9.40% 31.90% 73.14% 82.06% 76.83% 86.63% 72.33% 59.09% 80.32% 0.00% 0.00% 88.43% 76.35%
Research and Development Expenses $12.75M $11.87M $9.68M $11.35M $13.06M $13.22M $13.71M $15.91M $17.36M $12.63M $12.45M $- $- $6.93M $5.52M
General and Administrative Expenses $- $- $- $20.29M $6.05M $5.75M $8.49M $9.26M $14.03M $12.79M $11.56M $570.39K $489.64K $2.52M $3.66M
Selling and Marketing Expenses $- $- $- $-518.00K $- $- $518.00K $1.43M $1.96M $1.49M $1.48M $- $- $312.00K $130.38K
Selling General and Administrative Expenses $5.80M $6.21M $6.61M $6.94M $6.05M $5.75M $9.01M $10.69M $15.99M $14.27M $13.04M $570.39K $489.64K $2.83M $3.79M
Other Expenses $- $- $- $-481.00K $- $- $481.00K $5.38M $- $- $8.71M $- $- $-30.00K $-8.23K
Operating Expenses $18.55M $18.07M $16.30M $18.28M $19.10M $18.97M $22.72M $26.60M $33.35M $26.91M $25.48M $570.39K $489.64K $9.77M $9.31M
Cost and Expenses $19.72M $19.17M $19.64M $20.58M $19.94M $19.56M $23.23M $27.41M $34.13M $27.78M $25.90M $570.39K $489.64K $10.04M $9.65M
Interest Income $1.23M $1.22M $1.12M $1.33M $1.26M $1.20M $1.28M $1.26M $1.04M $- $- $- $- $- $-
Interest Expense $733.00K $969.00K $1.11M $1.27M $1.47M $1.57M $1.46M $1.48M $1.44M $1.04M $1.21M $- $- $77.00K $-
Depreciation and Amortization $1.82M $1.55M $1.79M $1.44M $2.66M $2.54M $2.47M $2.75M $1.82M $-15.12M $1.39M $54.00K $-1.06M $1.14M $1.12M
EBITDA $-12.28M $-9.90M $-17.88M $-9.87M $-18.09M $-12.85M $-19.42M $-18.64M $-15.50M $-9.62M $-15.05M $-570.39K $-2.45M $-6.54M $-7.11M
EBITDA Ratio -516.36% -320.97% -484.86% -467.06% -432.75% -387.05% -802.18% -294.92% -1079.96% -1910.40% -1064.83% 0.00% 0.00% -278.22% -501.41%
Operating Income $-17.35M $-16.09M $-16.59M $-17.21M $-16.83M $-16.24M $-21.03M $-21.35M $-31.32M $-25.64M $-23.79M $-570.39K $-489.64K $-7.68M $-8.23M
Operating Income Ratio -729.44% -521.22% -543.41% -509.69% -542.09% -488.01% -955.43% -352.29% -1117.12% -1201.73% -1130.89% 0.00% 0.00% -325.42% -580.03%
Total Other Income Expenses Net $2.51M $3.66M $-4.19M $4.63M $-5.38M $-730.00K $-1.33M $-1.52M $12.57M $13.51M $7.63M $5.24M $-1.96M $-107.00K $-4.76K
Income Before Tax $-14.83M $-12.42M $-20.77M $-12.57M $-22.21M $-16.97M $-23.35M $-22.87M $-18.75M $-9.97M $-10.47M $4.66M $-2.45M $-7.79M $-8.23M
Income Before Tax Ratio -623.76% -402.50% -680.64% -372.39% -715.46% -509.95% -1061.06% -377.43% -668.87% -467.39% -497.62% 0.00% 0.00% -329.96% -580.37%
Income Tax Expense $- $- $1.74M $-5.84M $1.47M $1.57M $2.80M $1.31M $-14.79M $-33.42M $-14.53M $- $- $107.00K $4.76K
Net Income $-14.83M $-12.42M $-20.77M $-12.57M $-22.21M $-16.97M $-26.15M $-24.18M $-3.97M $23.45M $4.06M $4.66M $-2.45M $-7.79M $-8.23M
Net Income Ratio -623.76% -402.50% -680.64% -372.39% -715.46% -509.95% -1188.19% -399.03% -141.55% 1098.78% 192.92% 0.00% 0.00% -329.96% -580.37%
EPS $-0.08 $-0.07 $-0.14 $-0.09 $-0.17 $-0.13 $-0.21 $-0.20 $-0.03 $0.21 $0.08 $0.14 $-0.08 $-0.07 $-0.07
EPS Diluted $-0.08 $-0.07 $-0.14 $-0.09 $-0.17 $-0.13 $-0.21 $-0.20 $-0.03 $0.21 $0.08 $0.54 $-0.21 $-0.07 $-0.07
Weighted Average Shares Outstanding 188.39M 171.90M 151.85M 140.54M 133.87M 128.51M 124.78M 121.89M 118.57M 114.10M 53.46M 34.50M 31.55M 113.81M 113.81M
Weighted Average Shares Outstanding Diluted 188.39M 171.90M 151.85M 140.54M 133.87M 128.51M 124.78M 121.89M 118.57M 114.10M 53.69M 8.62M 11.57M 113.81M 113.81M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 January 31, 2021 January 31, 2020
Cash and Cash Equivalents $21.39M $57.89M $11.73M $22.20M $308.71K
Short Term Investments $78.54M $84.92M $- $- $-
Cash and Short Term Investments $99.93M $142.81M $11.73M $22.20M $308.71K
Net Receivables $5.03M $6.24M $1.54M $479.37K $188.97K
Inventory $- $2.97M $4.56M $- $-
Other Current Assets $2.71M $5.42M $4.80M $1.04M $1.13M
Total Current Assets $107.67M $154.47M $18.07M $23.72M $1.62M
Property Plant Equipment Net $52.12M $48.85M $22.50M $20.14M $20.04M
Goodwill $- $- $5.38M $5.38M $5.38M
Intangible Assets $- $- $5.38M $- $-
Goodwill and Intangible Assets $- $- $5.38M $5.38M $5.38M
Long Term Investments $- $- $345.02M $- $-
Tax Assets $- $- $-345.02M $- $-
Other Non-Current Assets $129.00K $129.00K $481.48K $446.50K $444.25K
Total Non-Current Assets $52.25M $48.98M $28.36M $25.96M $25.86M
Other Assets $- $- $- $- $-
Total Assets $159.91M $203.44M $46.43M $49.68M $27.49M
Account Payables $5.77M $1.94M $1.97M $1.11M $3.10M
Short Term Debt $16.58M $12.99M $-4.95M $- $26.89M
Tax Payables $2.04M $1.16M $570.85K $451.55K $-
Deferred Revenue $343.00K $961.00K $984.98K $491.83K $1.85M
Other Current Liabilities $4.31M $4.70M $-580.67K $1.15M $4.81M
Total Current Liabilities $29.05M $21.75M $8.28M $3.20M $34.80M
Long Term Debt $16.19M $28.49M $23.50M $- $-
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $5.08M $2.97M $86.17M $81.90M $121.10M
Total Non-Current Liabilities $21.27M $31.47M $109.67M $81.90M $121.10M
Other Liabilities $- $- $- $- $-
Total Liabilities $50.33M $53.22M $117.96M $85.11M $155.90M
Preferred Stock $- $203.44M $81.52M $- $120.79M
Common Stock $14.00K $12.00K $-0.00B $-0.00B $-0.00B
Retained Earnings $-353.76M $-278.65M $-207.13M $-168.89M $-142.76M
Accumulated Other Comprehensive Income Loss $244.00K $-161.00K $51.81K $56.83K $-15.31K
Other Total Stockholders Equity $463.09M $429.02M $79.13M $133.41M $-106.43M
Total Stockholders Equity $109.59M $150.22M $-71.53M $-35.43M $-128.41M
Total Equity $109.59M $150.22M $-71.53M $-35.43M $-128.41M
Total Liabilities and Stockholders Equity $159.91M $203.44M $46.43M $49.68M $27.49M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $159.91M $203.44M $46.43M $49.68M $27.49M
Total Investments $78.54M $84.92M $345.02M $- $-
Total Debt $30.57M $39.14M $24.79M $- $26.89M
Net Debt $9.17M $-18.75M $13.06M $-22.20M $26.58M


Balance Sheet Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 January 31, 2021
Cash and Cash Equivalents $20.29M $20.68M $35.10M $21.39M $41.76M $21.71M $26.12M $57.89M $73.84M $184.02M $206.63M $11.73M $13.12M $1.23M $1.39M $22.20M
Short Term Investments $72.29M $79.79M $67.66M $78.54M $68.47M $83.77M $95.85M $84.92M $87.19M $- $- $- $- $- $- $-
Cash and Short Term Investments $92.58M $100.48M $102.76M $99.93M $110.23M $105.48M $121.97M $142.81M $161.02M $184.02M $206.63M $11.73M $13.12M $1.23M $1.39M $22.20M
Net Receivables $6.38M $5.23M $4.71M $5.03M $3.00M $7.63M $5.32M $6.24M $2.29M $2.57M $1.26M $1.54M $1.47M $23.46K $- $479.37K
Inventory $- $- $-0.00B $-0.00B $-0.00B $1.08M $1.22M $2.97M $2.67M $1.54M $2.89M $- $1.65M $- $- $-
Other Current Assets $4.90M $3.96M $2.58M $2.71M $3.47M $4.42M $2.98M $5.42M $6.30M $5.79M $7.30M $4.80M $1.39M $360.68K $829.49K $1.04M
Total Current Assets $103.87M $109.67M $110.04M $107.67M $116.70M $117.53M $130.26M $154.47M $169.62M $192.38M $215.18M $18.07M $17.63M $1.62M $1.80M $23.72M
Property Plant Equipment Net $53.21M $52.50M $51.85M $52.12M $48.38M $49.91M $51.51M $48.85M $37.44M $30.58M $23.94M $22.50M $22.40M $- $- $20.14M
Goodwill $- $- $- $- $- $- $- $- $5.38M $5.38M $5.38M $5.38M $5.38M $- $- $5.38M
Intangible Assets $- $- $- $- $- $- $- $- $5.38M $5.38M $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $- $- $- $5.38M $5.38M $5.38M $5.38M $5.38M $- $- $5.38M
Long Term Investments $- $- $- $- $- $- $- $- $117.00K $117.00K $- $- $345.01M $345.01M $345.00M $-
Tax Assets $- $- $- $- $- $- $- $- $-117.00K $-117.00K $- $- $-345.01M $- $- $-
Other Non-Current Assets $178.00K $244.00K $218.00K $129.00K $132.00K $130.00K $130.00K $129.00K $246.00K $247.00K $1.40M $481.48K $1.20M $- $- $446.50K
Total Non-Current Assets $53.38M $52.74M $52.07M $52.25M $48.51M $50.04M $51.64M $48.98M $43.06M $36.21M $30.72M $28.36M $28.97M $345.01M $345.00M $25.96M
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $157.25M $162.41M $162.12M $159.91M $165.20M $167.57M $181.91M $203.44M $212.69M $228.59M $245.90M $46.43M $46.61M $346.62M $346.80M $49.68M
Account Payables $1.60M $1.84M $3.82M $5.77M $1.45M $947.00K $1.66M $1.94M $1.73M $1.52M $3.45M $1.97M $1.65M $- $65.45K $1.11M
Short Term Debt $13.39M $17.51M $15.03M $16.58M $15.95M $15.36M $14.38M $10.65M $6.83M $4.23M $2.37M $575.00K $- $- $- $-
Tax Payables $- $- $- $2.04M $- $- $- $1.16M $- $- $- $- $- $- $- $451.55K
Deferred Revenue $886.00K $836.00K $129.00K $343.00K $472.00K $833.00K $559.00K $961.00K $811.00K $1.11M $519.00K $984.98K $630.99K $- $- $491.83K
Other Current Liabilities $5.58M $3.14M $5.89M $4.31M $2.96M $1.86M $4.03M $7.04M $6.93M $4.43M $5.23M $5.74M $3.06M $768.61K $393.30K $1.15M
Total Current Liabilities $21.46M $25.56M $24.88M $29.05M $23.04M $21.35M $22.99M $21.75M $16.30M $11.28M $11.57M $8.28M $5.34M $768.61K $458.75K $3.20M
Long Term Debt $9.10M $8.82M $12.38M $16.19M $19.82M $23.37M $25.32M $28.49M $23.00M $25.20M $27.68M $24.22M $18.20M $- $- $-
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $3.85M $5.87M $9.29M $5.08M $9.65M $4.48M $4.13M $2.97M $7.48M $18.29M $41.23M $3.93M $86.21M $27.77M $25.81M $81.90M
Total Non-Current Liabilities $12.95M $14.69M $21.66M $21.27M $29.47M $27.85M $29.45M $31.47M $30.48M $43.49M $68.91M $28.15M $104.41M $27.77M $25.81M $81.90M
Other Liabilities $- $- $-0.00B $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $34.41M $40.25M $46.54M $50.33M $52.51M $49.20M $52.44M $53.22M $46.78M $54.77M $80.47M $36.43M $109.75M $28.53M $26.27M $85.11M
Preferred Stock $- $- $- $- $- $- $- $- $212.69M $228.59M $245.90M $- $- $- $- $-
Common Stock $19.00K $17.00K $16.00K $14.00K $14.00K $13.00K $12.00K $12.00K $12.00K $11.00K $11.00K $-0.00B $-0.00B $313.09M $315.54M $-0.00B
Retained Earnings $-401.79M $-386.95M $-374.53M $-353.76M $-341.19M $-318.97M $-302.01M $-278.65M $-255.78M $-227.57M $-217.60M $-207.13M $-198.40M $-3.62M $-1.17M $-168.89M
Accumulated Other Comprehensive Income Loss $254.00K $123.00K $138.00K $244.00K $74.00K $1.00K $-6.00K $-161.00K $-527.00K $99.00K $61.00K $51.81K $49.63K $- $- $56.83K
Other Total Stockholders Equity $524.35M $508.97M $489.95M $463.09M $453.79M $437.32M $431.47M $429.02M $422.20M $401.29M $382.96M $505.65M $176.15M $-304.47M $-180.95M $133.41M
Total Stockholders Equity $122.84M $122.16M $115.58M $109.59M $112.69M $118.36M $129.47M $150.22M $165.91M $173.82M $165.43M $-71.53M $-63.15M $5.00M $5.00M $-35.43M
Total Equity $122.84M $122.16M $115.58M $109.59M $112.69M $118.36M $129.47M $150.22M $165.91M $173.82M $165.43M $- $- $- $- $-
Total Liabilities and Stockholders Equity $157.25M $162.41M $162.12M $159.91M $165.20M $167.57M $181.91M $203.44M $212.69M $228.59M $245.90M $-35.10M $46.61M $33.53M $31.27M $49.68M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $157.25M $162.41M $162.12M $159.91M $165.20M $167.57M $181.91M $203.44M $212.69M $228.59M $245.90M $-35.10M $46.61M $33.53M $31.27M $49.68M
Total Investments $72.29M $79.79M $67.66M $78.54M $68.47M $83.77M $95.85M $84.92M $87.19M $117.00K $- $- $345.01M $345.01M $345.00M $-
Total Debt $22.49M $24.09M $27.41M $30.57M $33.55M $36.39M $37.36M $39.14M $29.83M $29.43M $30.04M $23.50M $18.20M $- $- $-
Net Debt $2.20M $3.41M $-7.69M $9.17M $-8.21M $14.67M $11.24M $-18.75M $-44.00M $-154.59M $-176.58M $11.77M $5.07M $-1.23M $-1.39M $-22.20M

Annual Cash Flow

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 January 31, 2021 January 31, 2020
Net Income $-75.11M $-71.52M $-38.24M $-26.13M $-53.82M
Depreciation and Amortization $7.43M $7.02M $4.65M $4.30M $3.94M
Deferred Income Tax $- $- $-12.68M $- $-
Stock Based Compensation $12.41M $44.81M $1.93M $2.59M $2.78M
Change in Working Capital $-495.00K $-2.33M $158.00K $-1.92M $4.63M
Accounts Receivables $1.21M $-4.69M $-1.06M $-2.29M $2.23M
Inventory $- $- $- $2.00M $-
Accounts Payables $895.00K $-707.00K $-389.00K $-2.00M $-
Other Working Capital $-2.60M $3.07M $1.61M $367.90K $2.40M
Other Non Cash Items $5.19M $-40.67M $14.89M $-8.91M $5.57M
Net Cash Provided by Operating Activities $-50.58M $-62.69M $-29.29M $-30.07M $-36.89M
Investments in Property Plant and Equipment $-9.06M $-22.74M $-7.01M $-4.40M $-3.09M
Acquisitions Net $- $- $- $- $149.48K
Purchases of Investments $-109.25M $-84.29M $- $- $-
Sales Maturities of Investments $119.08M $- $- $- $-
Other Investing Activities $- $-84.29M $-345.00M $- $-
Net Cash Used for Investing Activities $773.00K $-107.02M $-7.01M $-4.40M $-2.94M
Debt Repayment $-8.33M $3.71M $27.00M $2.20M $17.11M
Common Stock Issued $20.54M $6.07M $378.00K $54.02M $-
Common Stock Repurchased $- $- $- $- $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $1.02M $211.75M $-1.55M $54.09M $1.63M
Net Cash Used Provided by Financing Activities $13.23M $215.45M $25.83M $56.29M $18.74M
Effect of Forex Changes on Cash $80.00K $101.00K $-5.46K $72.14K $-15.31K
Net Change in Cash $-36.50M $45.84M $11.10M $21.89M $-21.11M
Cash at End of Period $21.39M $57.89M $11.73M $22.52M $625.84K
Cash at Beginning of Period $57.89M $12.05M $625.84K $625.84K $21.73M
Operating Cash Flow $-50.58M $-62.69M $-29.29M $-30.07M $-36.89M
Capital Expenditure $-9.06M $-22.74M $-7.01M $-4.40M $-3.09M
Free Cash Flow $-59.64M $-85.43M $-36.30M $-34.47M $-39.98M

Cash Flow Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 September 30, 2021 June 30, 2021 March 31, 2021 January 31, 2021
Net Income $-14.83M $-12.42M $-20.77M $-12.57M $-22.21M $-16.97M $-23.35M $-22.87M $-28.20M $-9.97M $-10.47M $3.73M $- $-7.79M $-8.23M
Depreciation and Amortization $1.82M $1.55M $1.79M $1.44M $2.13M $2.16M $2.09M $2.22M $1.82M $1.59M $1.39M $- $-1.06M $1.14M $1.12M
Deferred Income Tax $- $- $- $-7.49M $3.79M $143.00K $- $- $- $- $- $- $- $- $-
Stock Based Compensation $3.43M $3.29M $2.99M $3.68M $3.67M $3.35M $1.70M $7.17M $15.12M $11.04M $11.48M $- $-495.00K $597.00K $-110.59K
Change in Working Capital $3.42M $-2.24M $-1.18M $61.00K $5.41M $-6.72M $754.00K $-2.07M $3.31M $-3.54M $-25.00K $- $- $251.00K $1.03M
Accounts Receivables $-1.15M $-526.00K $323.00K $-2.03M $5.72M $-3.12M $431.00K $-3.25M $465.00K $-3.68M $1.76M $- $- $450.00K $405.23K
Inventory $- $- $- $272.00K $-1.09M $814.00K $- $- $- $- $-1.48M $- $- $- $-
Accounts Payables $277.00K $-1.42M $334.00K $1.11M $1.09M $-814.00K $-484.00K $-13.00K $188.00K $-882.00K $1.48M $- $- $- $-
Other Working Capital $4.29M $-291.00K $-1.84M $987.00K $-306.00K $-3.60M $807.00K $1.19M $2.65M $1.02M $-1.79M $- $- $-199.00K $621.32K
Other Non Cash Items $-9.26M $-3.69M $9.95M $2.56M $2.67M $-39.00K $3.26M $1.35M $-5.44M $-18.48M $-18.10M $-3.73M $1.56M $- $-
Net Cash Provided by Operating Activities $-15.43M $-13.52M $-13.14M $-12.31M $-4.54M $-18.07M $-15.55M $-14.21M $-13.40M $-19.36M $-15.72M $3.73M $-1.56M $-5.79M $-6.20M
Investments in Property Plant and Equipment $-2.28M $-2.04M $-5.49M $-1.55M $-1.78M $-931.00K $-4.80M $-3.44M $-8.66M $-7.80M $-2.84M $- $- $-1.49M $-817.49K
Acquisitions Net $- $- $- $9.20M $-16.07M $-13.15M $10.18M $- $- $- $- $- $- $- $-
Purchases of Investments $-22.46M $-48.71M $-27.29M $-30.20M $-21.43M $-19.09M $-38.53M $2.90M $-87.19M $- $- $- $- $- $-
Sales Maturities of Investments $31.00M $37.50M $39.00M $21.00M $37.49M $32.24M $28.35M $- $- $- $- $- $- $- $-
Other Investing Activities $- $- $11.71M $-9.20M $16.07M $13.15M $-10.18M $2.90M $-87.19M $- $- $- $- $- $-
Net Cash Used for Investing Activities $6.26M $-13.25M $6.22M $-10.75M $14.29M $12.22M $-14.99M $-544.00K $-95.84M $-7.80M $-2.84M $- $- $-1.49M $-817.49K
Debt Repayment $-3.29M $-3.15M $-3.04M $- $- $-1.06M $-1.80M $- $- $- $5.00M $- $- $12.00M $-
Common Stock Issued $12.00M $15.80M $23.87M $5.49M $12.70M $2.35M $751.00K $78.00K $315.00K $5.07M $- $- $- $- $-
Common Stock Repurchased $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $-14.00K $-265.00K $-114.00K $2.69M $10.26M $152.00K $644.00K $-1.71M $-677.00K $4.32M $208.44M $- $- $26.00K $-
Net Cash Used Provided by Financing Activities $8.69M $12.38M $20.71M $2.69M $10.26M $1.44M $-1.15M $-1.64M $-677.00K $4.32M $213.44M $- $- $12.03M $-
Effect of Forex Changes on Cash $72.00K $-27.00K $-85.00K $118.00K $41.00K $4.00K $-83.00K $320.00K $-265.00K $37.00K $9.00K $- $- $42.00K $49.06K
Net Change in Cash $-398.00K $-14.41M $13.71M $-20.36M $20.05M $-4.41M $-31.77M $-16.07M $-110.18M $-22.81M $194.90M $3.73M $-1.56M $4.79M $-6.97M
Cash at End of Period $20.29M $20.68M $35.10M $21.39M $41.76M $21.71M $26.12M $57.89M $73.95M $184.14M $206.94M $3.73M $-1.56M $29.18M $22.52M
Cash at Beginning of Period $20.68M $35.10M $21.39M $41.76M $21.71M $26.12M $57.89M $73.95M $184.14M $206.94M $12.05M $- $- $24.39M $29.49M
Operating Cash Flow $-15.43M $-13.52M $-13.14M $-12.31M $-4.54M $-18.07M $-15.55M $-14.21M $-13.40M $-19.36M $-15.72M $3.73M $-1.56M $-5.79M $-6.20M
Capital Expenditure $-2.28M $-2.04M $-5.49M $-1.55M $-1.78M $-931.00K $-4.80M $-3.44M $-8.66M $-7.80M $-2.84M $- $- $-1.49M $-817.49K
Free Cash Flow $-17.70M $-15.56M $-18.63M $-13.86M $-6.32M $-19.00M $-20.35M $-17.65M $-22.05M $-27.16M $-18.56M $3.73M $-1.56M $-7.28M $-7.02M


Rigetti Computing Stock Forecast

Analyst ratings, price targets, and earnings estimates for RGTI.

RGTI Analyst Ratings

Strong Buy

Buy
4
Hold
0
Sell
0

Based on 4 analysts in the past 3 months

RGTI Stock 12 Month Forecast

$2.00

▼ (-84.95% Downside)
Highest Price Target
$ (0.0%)
Average Price Target
$2.00 (-85.0%)
Lowest Price Target
$ (0.0%)

Based on 1 analysts in the last year

Recent Price Targets
Recommendation Trends
Analyst Estimates
Revenue Estimates
High $18.22M
Average $15.57M
Low $13.52M
4 analysts
Net Income Estimates
High $-25.64M
Average $-29.38M
Low $-33.12M
4 analysts
EPS Estimates
High $-0.19
Average $-0.23
Low $-0.25
3 analysts
Revenue Estimates
High $35.37M
Average $35.37M
Low $35.36M
6 analysts
Net Income Estimates
High $-18.45M
Average $-26.21M
Low $-33.98M
6 analysts
EPS Estimates
High $-0.14
Average $-0.19
Low $-0.26
5 analysts
Revenue Estimates
High $56.40M
Average $55.00M
Low $53.60M
2 analysts
Net Income Estimates
High $-12.03M
Average $-14.88M
Low $-17.72M
2 analysts
EPS Estimates
High $-0.09
Average $-0.11
Low $-0.13
1 analysts
Revenue Estimates
High $116.99M
Average $100.00M
Low $86.81M
1 analysts
Net Income Estimates
High $-7.65M
Average $-9.24M
Low $-11.28M
1 analysts
EPS Estimates
High $-0.06
Average $-0.07
Low $-0.09
1 analysts
Latest Price Target Updates
Date Analyst Firm Price Target Price When Posted Upside
Aug 09, 2024 Quinn Bolton Needham $2.00 $0.83 140.8%
Aug 11, 2023 David Williams Williams Trading $4.00 $2.53 58.1%

Rigetti Computing Dividends

Explore Rigetti Computing's dividend history, including dividend yield, payout ratio, and historical payments.

Rigetti Computing does not currently pay a dividend.

Peers: Computer Hardware

This section provides companies within the same sector, on the same exchange, and of similar market capitalization, allowing comparisons of key financial indicators among peers.

Company Market Cap Price EPS P/E Ratio P/B Ratio
QUBT Logo
Quantum Computing, Inc.
QUBT
$1.31B $9.57 $-0.41 $-2.25 $0.89
IONQ Logo
IonQ, Inc.
IONQ
$8.93B $41.27 $-0.78 $-15.91 $5.18
DM Logo
Desktop Metal, Inc.
DM
$85.69M $2.57 $-10.03 $-0.75 $1.00
QMCO Logo
Quantum Corporation
QMCO
$115.19M $19.90 $-8.68 $-1.28 $-0.44
QBTS Logo
D-Wave Quantum Inc.
QBTS
$1.60B $5.99 $-0.60 $-1.47 $-4.96
SMCI Logo
Super Micro Computer, Inc.
SMCI
$19.82B $33.84 $2.17 $37.37 $8.26
CRCT Logo
Cricut, Inc.
CRCT
$1.19B $5.55 $0.25 $26.65 $2.67
STRC Logo
Sarcos Technology and Robotics Corporation
STRC
$63.66M $2.46 $0.00 $0.00 $14737.74
RCAT Logo
Red Cat Holdings, Inc.
RCAT
$850.51M $10.61 $-0.40 $-3.82 $2.11
SSYS Logo
Stratasys Ltd.
SSYS
$905.15M $12.85 $-1.79 $-7.97 $1.11
NNDM Logo
Nano Dimension Ltd.
NNDM
$583.17M $2.66 $-0.22 $-10.91 $0.59
VLD Logo
Velo3D, Inc.
VLD
$11.04M $1.28 $-23.97 $-0.58 $1.15
Current Reports (8-K)
Ownership