Rigetti Computing, Inc. (RGTI) Financial Ratios
7 years of historical data (2019–2025) · Technology · Computer Hardware
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↓
10.40
-6% vs avg
5yr avg: 11.05
30Y Low0.5·High22.3
ROE
↑
-64.3%
↓+58% vs avg
5yr avg: -152.8%
30Y Low-383%·High-58%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RGTI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Rigetti Computing, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.1B | $6.9B | $2.8B | $130M | $75M | $187M | — | — |
| Enterprise Value | $6.0B | $6.8B | $2.8B | $139M | $56M | $201M | — | — |
| P/E Ratio → | -26.20 | — | — | — | — | — | — | — |
| P/S Ratio | 857.19 | 968.01 | 261.17 | 10.82 | 5.69 | 22.88 | — | — |
| P/B Ratio | 10.40 | 12.56 | 22.26 | 1.19 | 0.50 | 18.76 | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
RGTI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 962.69 | 255.71 | 11.59 | 4.26 | 24.47 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
RGTI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Rigetti Computing, Inc. earns an operating margin of -1194.4%. Operating margins have compressed from -602.1% to -1194.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -64.3% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.1% | 29.1% | 52.8% | 76.7% | 78.1% | 23.5% | 73.1% | 60.8% |
| Operating Margin | -1194.4% | -1194.4% | -634.9% | -602.1% | -832.5% | -416.4% | -633.1% | -6485.8% |
| Net Profit Margin | -3050.4% | -3050.4% | -1862.7% | -625.5% | -545.9% | -466.6% | -310.4% | -7317.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | -64.3% | -64.3% | -170.2% | -57.8% | -89.3% | -382.6% | — | — |
| ROA | -45.5% | -45.5% | -90.4% | -41.3% | -57.2% | -79.6% | -44.6% | -195.8% |
| ROIC | -22.0% | -22.0% | -55.1% | -43.3% | -105.9% | — | — | — |
| ROCE | -18.3% | -18.3% | -33.9% | -46.3% | -98.9% | -80.0% | -179.2% | — |
RGTI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $45M exceeds total debt of $7M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.07 | 0.28 | 0.26 | 2.48 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.07 | -0.47 | 0.08 | -0.12 | 1.31 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | -21.05 | -12.51 | -20.64 | -13.85 | — | — |
Net cash position: cash ($45M) exceeds total debt ($7M)
RGTI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Rigetti Computing, Inc.'s current ratio of 37.42x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 3.71x to 37.42x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 37.42 | 37.42 | 17.42 | 3.71 | 7.10 | 1.93 | 7.40 | 0.05 |
| Quick Ratio | 37.42 | 37.42 | 17.42 | 3.71 | 6.96 | 1.93 | 7.40 | 0.05 |
| Cash Ratio | 3.69 | 3.69 | 16.19 | 3.44 | 6.57 | 1.55 | 6.93 | 0.01 |
| Asset Turnover | — | 0.01 | 0.04 | 0.08 | 0.06 | 0.18 | 0.11 | 0.03 |
| Inventory Turnover | — | — | — | — | 0.97 | — | — | — |
| Days Sales Outstanding | — | 131.37 | 82.10 | 152.86 | 173.70 | 68.72 | 31.57 | 93.78 |
RGTI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Rigetti Computing, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $310M | $185M | $132M | $102M | $18M | $43M | $114M |
Peer Comparison
Compare RGTI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 RGTIYou | $6B | -26.2 | — | — | 29.1% | -1194.4% | -64.3% | -22.0% | — |
 IONQ | $17B | -26.2 | — | — | 40.4% | -487.4% | -24.3% | -30.1% | — |
 QBTS | $8B | -19.8 | — | — | 82.6% | -408.2% | -77.6% | -102.0% | — |
 QUBT | $2B | -87.5 | — | — | 9.8% | -7489.3% | -2.2% | -8.6% | — |
 ARQQ | $78M | -6.0 | — | — | -43.4% | -7271.5% | -181.0% | — | — |
 IBM | $217B | 20.7 | 17.6 | 18.7 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 |
 GOOGL | $4.8T | 36.8 | 32.2 | 65.7 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 MSFT | $3.1T | 30.9 | 19.7 | 43.7 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 AMZN | $2.9T | 37.8 | 20.5 | 379.0 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 NVDA | $5.1T | 43.2 | 38.6 | 53.2 | 71.1% | 60.4% | 101.5% | 81.8% | 0.1 |
 AMAT | $326B | 47.4 | 38.7 | 57.1 | 48.7% | 29.2% | 35.5% | 33.3% | 0.8 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 7 years · Updated daily
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Quick answers to the most common questions about buying RGTI stock.
What is Rigetti Computing, Inc.'s P/E ratio?
Rigetti Computing, Inc.'s current P/E ratio is -26.2x. This places it at the 50th percentile of its historical range.
What is Rigetti Computing, Inc.'s ROE?
Rigetti Computing, Inc.'s return on equity (ROE) is -64.3%. The historical average is -152.8%.
Is RGTI stock overvalued?
Based on historical data, Rigetti Computing, Inc. is trading at a P/E of -26.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Rigetti Computing, Inc.'s profit margins?
Rigetti Computing, Inc. has 29.1% gross margin and -1194.4% operating margin.