Rigetti Computing, Inc. (RGTI) Revenue History
Annual and quarterly revenue from 2019 to present
RGTI Revenue Over Time (2019–2025)
RGTI Revenue Growth History
3 of 6 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- +653.6%
- FY2021 revenue growth
- +47.9%
- FY2022 revenue growth
- +59.9%
- FY2023 revenue growth
- -8.3%
- FY2024 revenue growth
- -10.1%
- FY2025 revenue growth
- -34.3%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $4.4M | +198.9% |
| Q4 2025 | $1.9M | -17.9% |
| Q3 2025 | $1.9M | -18.1% |
| Q2 2025 | $1.8M | -41.6% |
| Q1 2025 | $1.5M | -51.8% |
| Q4 2024 | $2.3M | -32.6% |
| Q3 2024 | $2.4M | -23.4% |
| Q2 2024 | $3.1M | -7.2% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
RGTI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
RGTI Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 22, 2026, Rigetti Computing, Inc. (RGTI) generated trailing twelve-month (TTM) revenue of $10.0 million, reflecting explosive growth of +198.9% year-over-year. The most recent quarter (Q1 2026) recorded $4.4 million in revenue, up 135.5% sequentially.
Historical Growth Trajectory
RGTI's 5-year compound annual growth rate (CAGR) stands at +5.0%, indicating steady revenue expansion. The 3-year CAGR of -18.5% is below the 5-year average, signalling a growth deceleration in recent years. Rigetti Computing, Inc.'s highest annual revenue of $13.1 million was recorded in 2022.
Revenue by Segment
RGTI's revenue is primarily driven by Access to quantum computing systems (100%). With over half of revenue concentrated in Access to quantum computing systems, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Technology sector peers — including IONQ (+334.6% YoY), QBTS (-41.7% YoY), and QUBT (+1025.7% YoY) — RGTI has underperformed the peer group in revenue growth. Compare RGTI vs IONQ →
RGTI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RGTICurrent | $10M | +198.9% | +5.0% | -1194.4% | |
 IONQ | $130M | +334.6% | - | -487.4% | |
 QBTS | $25M | -41.7% | +36.7% | -408.2% | |
 QUBT | $682,000 | +1025.7% | - | -7489.3% | |
 ARQQ | $530,000 | +150.1% | - | -6636.0% | |
 IBM | $67.5B | +9.7% | +4.1% | 15.3% |
RGTI Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.1M | -34.3% | $-6,105,000 | -86.1% | $-84,660,000 | -1194.4% |
| 2024 | $10.8M | -10.1% | $5.7M | 52.8% | $-68,510,000 | -634.9% |
| 2023 | $12.0M | -8.3% | $9.2M | 76.7% | $-72,295,000 | -602.1% |
| 2022 | $13.1M | +59.9% | $10.2M | 78.1% | $-109,080,000 | -832.5% |
| 2021 | $8.2M | +47.9% | $1.9M | 23.5% | $-34,129,000 | -416.4% |
| 2020 | $5.5M | +653.6% | $4.1M | 73.1% | $-35,091,647 | -633.1% |
| 2019 | $735K | - | $447K | 60.8% | $-47,701,959 | -6485.8% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
RGTI — Frequently Asked Questions
Quick answers to the most common questions about buying RGTI stock.
Is RGTI's revenue growth accelerating or slowing?
RGTI revenue growth is accelerating. TTM revenue reached $10M, up +198.9% year-over-year — ahead of the 5-year CAGR of +5.0%. This indicates the business is expanding faster than its historical baseline.
What is RGTI's revenue history from 2019 to 2026?
Rigetti Computing, Inc. (RGTI) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $10M, growing at +198.9% YoY. The 5-year CAGR is +5.0%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is RGTI's long-term revenue growth rate (CAGR)?
Rigetti Computing, Inc.'s 5-year revenue CAGR of +5.0% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +198.9% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for RGTI.
Why does RGTI's quarterly revenue fluctuate?
RGTI quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Rigetti Computing, Inc.'s revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is RGTI's revenue distributed by segment?
RGTI reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does RGTI's revenue compare to industry peers?
Rigetti Computing, Inc. (RGTI) with TTM revenue of $10M and +198.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.