| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| RGTIRigetti Computing, Inc. | 8.15B | 24.70 | -22.66 | -10.14% | -46.83% | -94.39% | 0.07 | |
| IONQIonQ, Inc. | 16.85B | 47.56 | -30.49 | 95.41% | -18.36% | -64.08% | 0.05 | |
| QBTSD-Wave Quantum Inc. | 10.3B | 28.72 | -38.29 | 0.79% | -16.52% | -59.48% | 0.61 |
| Jan 2020 | Jan 2021 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Sales/Revenue | 735.48K | 5.54M | 8.2M | 13.1M | 12.01M | 10.79M |
| Revenue Growth % | - | 6.54% | 0.48% | 0.6% | -0.08% | -0.1% |
| Cost of Goods Sold | 288.16K | 1.49M | 6.27M | 2.87M | 2.8M | 5.09M |
| COGS % of Revenue | 0.39% | 0.27% | 0.77% | 0.22% | 0.23% | 0.47% |
| Gross Profit | 447.32K | 4.05M | 1.92M | 10.23M | 9.21M | 5.7M |
| Gross Margin % | 0.61% | 0.73% | 0.23% | 0.78% | 0.77% | 0.53% |
| Gross Profit Growth % | - | 8.06% | -0.53% | 4.32% | -0.1% | -0.38% |
| Operating Expenses | 48.15M | 39.14M | 36.05M | 119.31M | 81.5M | 74.21M |
| OpEx % of Revenue | 65.47% | 7.06% | 4.4% | 9.11% | 6.79% | 6.88% |
| Selling, General & Admin | 18.7M | 15.04M | 15.03M | 53.98M | 27.74M | 24.46M |
| SG&A % of Revenue | 25.43% | 2.71% | 1.83% | 4.12% | 2.31% | 2.27% |
| Research & Development | 29.45M | 24.1M | 26.93M | 59.95M | 52.77M | 49.75M |
| R&D % of Revenue | 40.04% | 4.35% | 3.29% | 4.58% | 4.39% | 4.61% |
| Other Operating Expenses | 0 | 0 | -5.9M | 5.38M | 991K | 0 |
| Operating Income | -47.7M | -35.09M | -34.13M | -109.08M | -72.3M | -68.51M |
| Operating Margin % | -64.86% | -6.33% | -4.16% | -8.33% | -6.02% | -6.35% |
| Operating Income Growth % | - | 0.26% | 0.03% | -2.2% | 0.34% | 0.05% |
| EBITDA | -43.76M | -30.79M | -29.48M | -102.06M | -64.87M | -61.6M |
| EBITDA Margin % | -59.5% | -5.56% | -3.6% | -7.79% | -5.4% | -5.71% |
| EBITDA Growth % | - | 0.3% | 0.04% | -2.46% | 0.36% | 0.05% |
| D&A (Non-Cash Add-back) | 3.94M | 4.3M | 4.65M | 7.02M | 7.43M | 6.91M |
| EBIT | -47.7M | -35.09M | -35.78M | -66.23M | -69.33M | -197.73M |
| Net Interest Income | -670.85K | 0 | -2.46M | -2.85M | -703K | 1.86M |
| Interest Income | 670.85K | 0 | 10K | 2.43M | 5.08M | 5.11M |
| Interest Expense | 0 | 0 | 2.46M | 5.29M | 5.78M | 3.25M |
| Other Income/Expense | -6.11M | 8.96M | -4.11M | 37.56M | -2.81M | -132.48M |
| Pretax Income | -53.82M | -26.13M | -38.24M | -71.52M | -75.11M | -200.99M |
| Pretax Margin % | -73.17% | -4.71% | -4.67% | -5.46% | -6.25% | -18.63% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 1% | 0.66% | 1% | 1% | 1% | 1% |
| Net Income | -53.82M | -17.21M | -38.24M | -71.52M | -75.11M | -200.99M |
| Net Margin % | -73.17% | -3.1% | -4.67% | -5.46% | -6.25% | -18.63% |
| Net Income Growth % | - | 0.68% | -1.22% | -0.87% | -0.05% | -1.68% |
| Net Income (Continuing) | -53.82M | -26.13M | -38.24M | -71.52M | -75.11M | -200.99M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.48 | -0.40 | -2.10 | -0.70 | -0.57 | -1.09 |
| EPS Growth % | - | 0.17% | -4.25% | 0.67% | 0.19% | -0.91% |
| EPS (Basic) | -0.48 | -0.40 | -2.10 | -0.70 | -0.57 | -1.09 |
| Diluted Shares Outstanding | 113.81M | 43.13M | 18.22M | 102.3M | 131.98M | 184.67M |
| Basic Shares Outstanding | 113.81M | 43.13M | 18.22M | 102.3M | 131.98M | 184.67M |
| Dividend Payout Ratio | - | - | - | - | - | - |
| Jan 2020 | Jan 2021 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Total Current Assets | 1.62M | 23.72M | 14.62M | 154.47M | 107.67M | 206.76M |
| Cash & Short-Term Investments | 308.71K | 22.2M | 11.73M | 142.81M | 99.93M | 192.09M |
| Cash Only | 308.71K | 22.2M | 11.73M | 57.89M | 21.39M | 67.67M |
| Short-Term Investments | 0 | 0 | 0 | 84.92M | 78.54M | 124.42M |
| Accounts Receivable | 188.97K | 479.37K | 1.54M | 6.24M | 5.03M | 2.43M |
| Days Sales Outstanding | 93.78 | 31.57 | 68.72 | 173.7 | 152.86 | 82.1 |
| Inventory | 0 | 0 | 0 | 2.97M | 0 | 0 |
| Days Inventory Outstanding | - | - | - | 377.45 | - | - |
| Other Current Assets | 0 | 0 | 1.12M | 0 | 2.71M | 9.08M |
| Total Non-Current Assets | 25.86M | 25.96M | 31.8M | 48.98M | 52.25M | 78.03M |
| Property, Plant & Equipment | 20.04M | 20.14M | 22.5M | 48.85M | 52.12M | 52.64M |
| Fixed Asset Turnover | 0.04x | 0.28x | 0.36x | 0.27x | 0.23x | 0.20x |
| Goodwill | 5.38M | 5.38M | 5.38M | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 317K | 0 | 0 | 25.07M |
| Other Non-Current Assets | 444.25K | 446.5K | 3.61M | 129K | 129K | 325K |
| Total Assets | 27.49M | 49.68M | 46.43M | 203.44M | 159.91M | 284.79M |
| Asset Turnover | 0.03x | 0.11x | 0.18x | 0.06x | 0.08x | 0.04x |
| Asset Growth % | - | 0.81% | -0.07% | 3.38% | -0.21% | 0.78% |
| Total Current Liabilities | 34.8M | 3.2M | 7.57M | 21.75M | 29.05M | 11.87M |
| Accounts Payable | 3.1M | 1.11M | 1.97M | 1.94M | 5.77M | 1.59M |
| Days Payables Outstanding | 3.93K | 271.11 | 114.67 | 246.21 | 752.42 | 113.95 |
| Short-Term Debt | 26.89M | 0 | 575K | 8.3M | 12.16M | 0 |
| Deferred Revenue (Current) | 1000K | 491.83K | 985K | 961K | 343K | 113K |
| Other Current Liabilities | 1.88M | 0 | 3.07M | 7.42M | 3.34M | 623K |
| Current Ratio | 0.05x | 7.40x | 1.93x | 7.10x | 3.71x | 17.42x |
| Quick Ratio | 0.05x | 7.40x | 1.93x | 6.96x | 3.71x | 17.42x |
| Cash Conversion Cycle | - | - | - | 304.93 | - | - |
| Total Non-Current Liabilities | 121.1M | 81.9M | 28.87M | 31.47M | 21.27M | 146.33M |
| Long-Term Debt | 0 | 0 | 24.22M | 20.64M | 9.89M | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 7.86M | 6.3M | 6.64M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 121.1M | 81.9M | 4.65M | 2.97M | 5.08M | 138.99M |
| Total Liabilities | 155.9M | 85.11M | 36.43M | 53.22M | 50.33M | 158.2M |
| Total Debt | 26.89M | 0 | 24.79M | 39.14M | 30.57M | 8.8M |
| Net Debt | 26.58M | -22.2M | 13.06M | -18.75M | 9.17M | -58.87M |
| Debt / Equity | - | - | 2.48x | 0.26x | 0.28x | 0.07x |
| Debt / EBITDA | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - |
| Interest Coverage | - | - | -13.85x | -20.64x | -12.51x | -21.05x |
| Total Equity | -128.41M | -35.43M | 9.99M | 150.22M | 109.59M | 126.59M |
| Equity Growth % | - | 0.72% | 1.28% | 14.03% | -0.27% | 0.16% |
| Book Value per Share | -1.13 | -0.82 | 0.55 | 1.47 | 0.83 | 0.69 |
| Total Shareholders' Equity | -128.41M | -35.43M | 9.99M | 150.22M | 109.59M | 126.59M |
| Common Stock | 8 | 21 | 2K | 12K | 14K | 29K |
| Retained Earnings | -142.76M | -168.89M | -207.13M | -278.65M | -353.76M | -554.75M |
| Treasury Stock | -14.36M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -15.31K | 56.83K | 52K | -161K | 244K | 105K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Jan 2020 | Jan 2021 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Cash from Operations | -36.89M | -30.07M | -29.29M | -62.69M | -50.58M | -50.63M |
| Operating CF Margin % | -50.16% | -5.42% | -3.57% | -4.78% | -4.21% | -4.69% |
| Operating CF Growth % | - | 0.18% | 0.03% | -1.14% | 0.19% | -0% |
| Net Income | -53.82M | -26.13M | -38.24M | -71.52M | -75.11M | -200.99M |
| Depreciation & Amortization | 3.94M | 4.3M | 4.65M | 7.02M | 7.43M | 6.91M |
| Stock-Based Compensation | 2.78M | 2.59M | 0 | 44.81M | 12.41M | 13.07M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 5.57M | -8.91M | 4.14M | -40.67M | 5.19M | 133.47M |
| Working Capital Changes | 4.63M | -1.92M | 158K | -2.33M | -495K | -3.08M |
| Change in Receivables | 2.23M | -2.29M | -1.06M | -4.69M | 1.21M | 2.6M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | -389K | -707K | 895K | -1.04M |
| Cash from Investing | -2.94M | -4.4M | -7.01M | -107.02M | 773K | -78.36M |
| Capital Expenditures | -3.09M | -4.4M | -7.01M | -22.74M | -9.06M | -11.1M |
| CapEx % of Revenue | 4.21% | 0.79% | 0.86% | 1.74% | 0.75% | 1.03% |
| Acquisitions | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 18.74M | 56.29M | 25.83M | 215.45M | 13.23M | 175.46M |
| Debt Issued (Net) | - | - | - | - | - | - |
| Equity Issued (Net) | - | - | - | - | - | - |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | - | - | - | - | - | - |
| Other Financing | 1.63M | 66.36K | -1.55M | 205.68M | 1.02M | -7.55M |
| Net Change in Cash | - | - | - | - | - | - |
| Free Cash Flow | -39.98M | -34.47M | -36.3M | -85.43M | -59.64M | -61.73M |
| FCF Margin % | -54.36% | -6.22% | -4.43% | -6.52% | -4.97% | -5.72% |
| FCF Growth % | - | 0.14% | -0.05% | -1.35% | 0.3% | -0.03% |
| FCF per Share | -0.35 | -0.80 | -1.99 | -0.84 | -0.45 | -0.33 |
| FCF Conversion (FCF/Net Income) | 0.69x | 1.75x | 0.77x | 0.88x | 0.67x | 0.25x |
| Interest Paid | 0 | 51.67K | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -382.6% | -89.28% | -57.82% | -170.2% |
| Return on Invested Capital (ROIC) | - | - | - | -105.88% | -43.34% | -55.11% |
| Gross Margin | 60.82% | 73.09% | 23.45% | 78.07% | 76.68% | 52.8% |
| Net Margin | -7317.15% | -310.42% | -466.58% | -545.88% | -625.47% | -1862.72% |
| Debt / Equity | - | - | 2.48x | 0.26x | 0.28x | 0.07x |
| Interest Coverage | - | - | -13.85x | -20.64x | -12.51x | -21.05x |
| FCF Conversion | 0.69x | 1.75x | 0.77x | 0.88x | 0.67x | 0.25x |
| Revenue Growth | - | 653.6% | 47.87% | 59.86% | -8.35% | -10.14% |
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Access to quantum computing systems | 3.19M | 2.34M | 356K |
| Access to quantum computing systems Growth | - | -26.66% | -84.76% |
| Collaborative research and other professional services | 9.92M | - | - |
| Collaborative research and other professional services Growth | - | - | - |
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| UNITED STATES | 11.14M | - | - |
| UNITED STATES Growth | - | - | - |
| Europe | 1.97M | - | - |
| Europe Growth | - | - | - |
Rigetti Computing, Inc. (RGTI) reported $7.5M in revenue for fiscal year 2024. This represents a 919% increase from $0.7M in 2019.
Rigetti Computing, Inc. (RGTI) saw revenue decline by 10.1% over the past year.
Rigetti Computing, Inc. (RGTI) reported a net loss of $351.0M for fiscal year 2024.
Rigetti Computing, Inc. (RGTI) has a return on equity (ROE) of -170.2%. Negative ROE indicates the company is unprofitable.
Rigetti Computing, Inc. (RGTI) had negative free cash flow of $67.6M in fiscal year 2024, likely due to heavy capital investments.