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Equiscale · Syntellia LLC
Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer. The company also sells access to its quantum computers through QCaaS. In addition, the company offers Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system; Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology research and development; and professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $7M | $-208M | $-216M | $-77M | -39.6% | -34.3% | 7.6% |
| 2024 | $11M | $-191M | $-201M | $-62M | -158.8% | -10.1% | 167.6% |
| 2023 | $12M | $-62M | $-75M | $-60M | -68.5% | -8.3% | 5.0% |
| 2022 | $13M | $-59M | $-72M | $-85M | -47.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 13.10 | 12.01 | 10.79 | 7.09 |
| Operating Revenue | 13.10 | 12.01 | 10.79 | 7.09 |
| Cost Of Revenue | 2.87 | 2.80 | 5.09 | 5.02 |
| Gross Profit | 10.23 | 9.21 | 5.70 | 2.06 |
| Operating Expense | 113.93 | 80.51 | 74.21 | 86.72 |
| Research And Development | 59.95 | 52.77 | 49.75 | 61.34 |
| Selling General And Administration | 53.98 | 27.74 | 24.46 | 25.38 |
| Total Expenses | 116.80 | 83.31 | 79.30 | 91.75 |
| Operating Income | -103.70 | -71.30 | -68.51 | -84.66 |
| Total Operating Income As Reported | -109.08 | -72.30 | -68.51 | -84.66 |
| EBITDA | -59.22 | -61.90 | -190.83 | -208.04 |
| Normalized EBITDA | -94.25 | -58.80 | -56.49 | -59.93 |
| EBIT | -66.24 | -69.33 | -197.73 | -216.21 |
| Interest Income | 2.43 | 5.08 | 5.11 | 16.56 |
| Interest Expense | 5.29 | 5.78 | 3.26 | 0 |
| Net Interest Income | -2.85 | -0.70 | 1.86 | 16.56 |
| Other Income Expense | 35.03 | -3.10 | -134.34 | -148.11 |
| Interest Income Non Operating | 2.43 | 5.08 | 5.11 | 16.56 |
| Interest Expense Non Operating | 5.29 | 5.78 | 3.26 | 0 |
| Net Non Operating Interest Income Expense | -2.85 | -0.70 | 1.86 | 16.56 |
| Pretax Income | -71.52 | -75.11 | -200.99 | -216.21 |
| Tax Provision | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | -71.52 | -75.11 | -200.99 | -216.21 |
| Net Income From Continuing And Discontinued Operation | -71.52 | -75.11 | -200.99 | -216.21 |
| Net Income From Continuing Operation Net Minority Interest | -71.52 | -75.11 | -200.99 | -216.21 |
| Net Income | -71.52 | -75.11 | -200.99 | -216.21 |
| Net Income Common Stockholders | -71.52 | -75.11 | -200.99 | -216.21 |
| Net Income Including Noncontrolling Interests | -71.52 | -75.11 | -200.99 | -216.21 |
| Normalized Income | -106.56 | -72.01 | -66.65 | -68.10 |
| Diluted NI Availto Com Stockholders | -71.52 | -75.11 | -200.99 | -216.21 |
| Basic Average Shares | 102.30 | 131.98 | 184.67 | 309.76 |
| Diluted Average Shares | 102.30 | 131.98 | 184.67 | 309.76 |
| Reconciled Depreciation | 7.02 | 7.43 | 6.91 | 8.17 |
| Reconciled Cost Of Revenue | 2.87 | 2.80 | 5.09 | 5.02 |
| Total Unusual Items | 35.03 | -3.10 | -134.34 | -148.11 |
| Total Unusual Items Excluding Goodwill | 35.03 | -3.10 | -134.34 | -148.11 |
| Special Income Charges | 12.90 | -1.94 | -44.17 | 2.52 |
| Other Special Charges | - | - | 0.43 | - |
| Impairment Of Capital Assets | 5.38 | 0 | - | - |
| Restructuring And Mergern Acquisition | -18.28 | 1.94 | 43.74 | -2.52 |
| Gain On Sale Of Security | 22.13 | -1.16 | -90.17 | -150.63 |
| General And Administrative Expense | 47.63 | - | - | - |
| Other Gand A | 47.63 | - | - | - |
| Selling And Marketing Expense | 6.35 | - | - | - |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Rigetti Computing, Inc.this co. | RGTI | $8.0B | -37.14 | 14.70 | -39.6% | -38.42 |
| D-Wave Quantum Inc. | QBTS | $10.2B | -28.84 | 12.01 | -41.7% | -27.66 |
| Core Scientific, Inc. | CORZ | $8.9B | -30.74 | -9.22 | 30.0% | -67.35 |
| Clearwater Analytics Holdings, Inc. | CWAN | $7.3B | -187.52 | 3.60 | -1.9% | 98.69 |
| Navitas Semiconductor Corporation | NVTS |
| $7.3B |
| -62.15 |
| 16.38 |
| -26.4% |
| -104.54 |
| Silicon Laboratories Inc. | SLAB | $7.2B | -111.28 | 6.60 | -5.9% | -365.09 |
| InterDigital, Inc. | IDCC | $6.7B | 16.59 | 6.13 | 36.9% | 11.07 |
| Novanta Inc. | NOVT | $5.9B | 109.22 | 4.47 | 4.1% | 32.48 |
| Zeta Global Holdings Corp. | ZETA | $5.8B | -183.13 | 7.17 | -3.9% | 143.62 |
| Peer Median | - | -46.44 | 6.36 | -2.9% | -8.30 | |
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historically, Dec has averaged the highest return (+66.2%); Mar the lowest (-16.9%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -18.0%Negative MonthJan 2026: -17.97% | -4.1%Negative MonthFeb 2026: -4.13% | -19.4%Negative MonthMar 2026: -19.40% | +24.3%Positive MonthApr 2026: +24.29% | +46.4%Positive MonthMay 2026: +46.36% | -24.4%Negative MonthJun 2026: -24.35% | -22.6%Negative MonthJul 2026: -22.62% | +13.7%*Positive MonthAug 2026: +13.71% | — | — | — | — |
| 2025 | -13.7%Negative MonthJan 2025: -13.70% | -35.8%Negative MonthFeb 2025: -35.76% | -6.4%Negative MonthMar 2025: -6.38% | +12.0%Positive MonthApr 2025: +11.99% | +36.5%Positive MonthMay 2025: +36.53% | -2.1%Negative MonthJun 2025: -2.06% | +22.3%Positive MonthJul 2025: +22.26% | +11.9%Positive MonthAug 2025: +11.93% | +83.5%Positive MonthSep 2025: +83.55% | +48.6%Positive MonthOct 2025: +48.61% | -42.2%Negative MonthNov 2025: -42.24% | -13.4%Negative MonthDec 2025: -13.38% |
| 2024 | +25.9%Positive MonthJan 2024: +25.89% | +51.6%Positive MonthFeb 2024: +51.61% | -18.6%Negative MonthMar 2024: -18.62% | -16.3%Negative MonthApr 2024: -16.34% | -18.0%Negative MonthMay 2024: -17.97% | +1.9%Neutral MonthJun 2024: +1.90% | -3.7%Negative MonthJul 2024: -3.74% | -11.1%Negative MonthAug 2024: -11.07% | -14.5%Negative MonthSep 2024: -14.52% | +68.6%Positive MonthOct 2024: +68.58% | +131.1%Positive MonthNov 2024: +131.06% | +400.3%Positive MonthDec 2024: +400.33% |
| 2023 | +7.1%Positive MonthJan 2023: +7.13% | -4.0%Negative MonthFeb 2023: -3.97% | -3.6%Negative MonthMar 2023: -3.60% | -35.0%Negative MonthApr 2023: -34.99% | +99.8%Positive MonthMay 2023: +99.79% | +25.1%Positive MonthJun 2023: +25.13% | +111.9%Positive MonthJul 2023: +111.91% | -27.7%Negative MonthAug 2023: -27.71% | -26.1%Negative MonthSep 2023: -26.11% | -20.3%Negative MonthOct 2023: -20.30% | +0.0%Neutral MonthNov 2023: +0.00% | -7.1%Negative MonthDec 2023: -7.08% |
| 2022 | -3.3%Negative MonthJan 2022: -3.30% | -0.4%Neutral MonthFeb 2022: -0.40% | -36.4%Negative MonthMar 2022: -36.43% | +10.3%Positive MonthApr 2022: +10.32% | +29.2%Positive MonthMay 2022: +29.21% | -59.1%Negative MonthJun 2022: -59.13% | +20.7%Positive MonthJul 2022: +20.71% | -10.2%Negative MonthAug 2022: -10.16% | -52.8%Negative MonthSep 2022: -52.76% | +11.7%Positive MonthOct 2022: +11.70% | -38.1%Negative MonthNov 2022: -38.10% | -43.9%Negative MonthDec 2022: -43.92% |
| 2021 | — | — | — | — | -1.7%Neutral MonthMay 2021: -1.71% | -0.5%Neutral MonthJun 2021: -0.51% | +0.0%Neutral MonthJul 2021: +0.00% | -0.3%Neutral MonthAug 2021: -0.26% | +0.9%Neutral MonthSep 2021: +0.88% | +7.7%Positive MonthOct 2021: +7.68% | +2.7%Positive MonthNov 2021: +2.66% | -4.7%Negative MonthDec 2021: -4.72% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
