
Rigetti Computing (RGTI) Stock
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
Website: Rigetti Computing
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).

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.

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.

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.

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.

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.

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.

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.

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.

Rigetti Computing Earnings
This section highlights Rigetti Computing's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
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
Based on 4 analysts in the past 3 months
RGTI Stock 12 Month Forecast
$2.00
Based on 1 analysts in the last year
Recent Price Targets
Recommendation Trends
Analyst Estimates
Revenue Estimates
Net Income Estimates
EPS Estimates
Revenue Estimates
Net Income Estimates
EPS Estimates
Revenue Estimates
Net Income Estimates
EPS Estimates
Revenue Estimates
Net Income Estimates
EPS Estimates
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.
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 |
---|---|---|---|---|---|
![]() Quantum Computing, Inc.
QUBT
|
$1.31B | $9.57 | $-0.41 | $-2.25 | $0.89 |
![]() IonQ, Inc.
IONQ
|
$8.93B | $41.27 | $-0.78 | $-15.91 | $5.18 |
![]() Desktop Metal, Inc.
DM
|
$85.69M | $2.57 | $-10.03 | $-0.75 | $1.00 |
![]() Quantum Corporation
QMCO
|
$115.19M | $19.90 | $-8.68 | $-1.28 | $-0.44 |
![]() D-Wave Quantum Inc.
QBTS
|
$1.60B | $5.99 | $-0.60 | $-1.47 | $-4.96 |
![]() Super Micro Computer, Inc.
SMCI
|
$19.82B | $33.84 | $2.17 | $37.37 | $8.26 |
![]() Cricut, Inc.
CRCT
|
$1.19B | $5.55 | $0.25 | $26.65 | $2.67 |
![]() Sarcos Technology and Robotics Corporation
STRC
|
$63.66M | $2.46 | $0.00 | $0.00 | $14737.74 |
![]() Red Cat Holdings, Inc.
RCAT
|
$850.51M | $10.61 | $-0.40 | $-3.82 | $2.11 |
![]() Stratasys Ltd.
SSYS
|
$905.15M | $12.85 | $-1.79 | $-7.97 | $1.11 |
![]() Nano Dimension Ltd.
NNDM
|
$583.17M | $2.66 | $-0.22 | $-10.91 | $0.59 |
![]() Velo3D, Inc.
VLD
|
$11.04M | $1.28 | $-23.97 | $-0.58 | $1.15 |
Related Metrics
Explore detailed financial metrics and analysis for RGTI.