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Rigetti Computing, Inc. RGTI R2KR3KAITECH

Technology · Computer Hardware · United States
https://www.rigetti.com
Company Profile ↓
$15.20
-11.83% 1Y
Mkt Cap$5.07B
P/E-17.08
P/B10.22
52W High$56.34
52W Low$12.90
Book Value$1.76
EPS (TTM)$-0.89

Company Overview

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.

Recent Developments

  • Dec 2025 Revenue of $7.09M (-34.3% YoY); net profit $-216.21M.
  • Trailing 12 Months Year-on-year growth — revenue +198.9%.
  • 5-Year Trend Long-term compounding — revenue CAGR -3.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-3.57%
1 Year:198.90%

Stock Price Performance

1 Year:-11.83%
6 Months:-10.64%
3 Months:-26.50%
1 Month:-8.05%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI Quantum Computing

Rigetti Computing builds superconducting gate-model quantum computers and offers cloud access for computing and AI-adjacent workloads.

Core Focus

Superconducting quantum processors and Quantum-Cloud-Services for research and applications.

Key Initiatives
  • Superconducting quantum chips Rigetti designs and fabricates superconducting quantum processors in its own foundry.
  • Quantum-Cloud-Services Cloud access lets users run algorithms on its quantum systems.
  • Scaling qubits & fidelity Roadmap focuses on higher qubit counts and gate fidelity.
Why Investors Should Care
  • Pure-play on gate-model quantum computing with in-house fabrication.
  • Cloud access and government/research engagements off a tiny base.
  • Pre-commercial economics, large losses and long timelines — highly speculative.
  • Technical, funding and competition risks are substantial.
AI InvestmentInvestment is heavy R&D into quantum hardware, fabrication and software.
AI RevenueRevenue is early access/contracts; commercial quantum value is still ahead.
ROI (Now)Early — revenue is small and the business is deeply loss-making.
ROI (Expected)Reaching practical quantum advantage is the long-term prize.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

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Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

No notable strengths flagged.

CONS

  • Revenue declined at -3.6% CAGR over 5 years.
  • Trading 73.0% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-17.08
Industry PE
32.42
Forward P/E
-73.94
PEG Ratio
-
Book Value
$1.76
Price to Book
10.22
P/S
597.82
EV/EBITDA
-63.52
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-3.57%
Profit 5Y
-
Revenue (YoY)
198.90%
Earnings (YoY)
-

Profitability & Returns

ROCE
-12.94%
ROE
-57.09%
ROA
-12.09%
Profit Margin
0.00%
Op Margin
-
Gross Margin
29.95%
EPS (Latest Qtr)
$-0.16
EPS (TTM)
$-0.89

Balance Sheet & Liquidity

Debt/Equity
1.16
Quick Ratio
6.83
Current Ratio
6.99
Debt
$6.78M
Total Assets
$648.23M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
2.01%
Chg in Prom Hold
0.31%
FII / Inst Holding
55.86%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$5.07B
Total Revenue (TTM)
$10.02M
EBITDA
$-80.02M
Free Cash Flow
$-6.21M
Operating Cash Flow
$-61.11M
Shares Outstanding
333.77M
Gross Margin
29.95%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 RGTI Rigetti Computing, Inc. R2KR3KAITECH 15.20 -17.08 $5.07B 0.00% -12.94% -57.09% -3.57% -
2 NVDA NVIDIA Corporation NDXSPXR3KAITECH 230.36 35.28 $5.58T 0.46% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPXR3KTECH 319.97 36.69 $4.67T 0.35% 68.72% 148.75% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXR3KAITECH 499.70 27.85 $3.71T 0.73% 26.33% 34.04% 9.93% 11.90%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AITECH 426.34 37.46 $2.21T 0.91% 30.20% 39.97% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXR3KAITECH 357.90 59.55 $1.70T 0.62% 16.70% 37.28% 17.04% 54.08%
7 MU Micron Technology, Inc. NDXSPXR3KAITECH 1,016.59 22.97 $1.15T 0.06% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH 477.57 122.14 $779.62B 0.00% 5.47% 10.20% 11.81% 66.28%
9 ASML ASML Holding N.V. NDXAITECH 1,714.88 58.49 $658.69B 0.53% 42.97% 53.94% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026Jun 2026
Revenue 2.36M1.54M2.92M2.10M2.13M2.80M2.20M----------
Gross Profit 2.09M1.18M2.47M1.69M1.26M2.03M1.69M2.73M2.27M1.50M1.99M1.20M442.00K566.00K404.00K1.38M2.19M
Operating Income -7.68M-9.68M-9.17M-25.27M-25.76M-31.32M-22.02M-16.24M-16.83M-16.59M-16.09M-17.35M-21.63M-19.88M-20.55M-25.95M-28.06M
Net Income -7.79M-10.07M-9.76M-17.64M-12.25M-18.75M-23.35M-16.97M-22.21M-20.77M-12.42M-14.83M42.62M-39.65M-200.97M33.11M-52.61M
Diluted EPS --0.46-0.43-0.33-0.11-0.16-0.19-0.13-0.17-0.14-0.07-0.080.13-0.13-0.62-0.06-0.16
R&D Expense 6.93M7.50M7.48M13.93M12.75M17.36M13.71M13.22M13.06M11.47M11.87M12.75M15.46M13.52M15.02M19.96M20.73M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 8.20M13.10M12.01M10.79M7.09M
Gross Profit 6.57M10.23M9.21M5.70M2.06M
Operating Income -34.13M-109.08M-72.30M-68.51M-84.66M
Net Income -38.24M-71.52M-75.11M-200.99M-216.21M
Diluted EPS -1.64-0.70-0.57-1.09-0.70
R&D Expense 26.93M59.95M52.77M49.75M61.34M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2020Jan 2021Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets 43.31K-46.43M203.44M159.91M284.79M666.57M
Total Equity 0-35.42M-71.53M150.22M109.59M126.59M546.20M
Cash & Equivalents --11.73M57.89M21.39M67.67M44.85M
Long Term Debt ---20.64M9.89M0-
Total Liabilities 33.00K-36.43M53.22M50.33M158.20M120.38M
Current Liabilities 33.00K-7.57M21.75M29.05M11.87M12.15M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -29.04M-62.69M-50.58M-50.63M-58.54M
Investing Cash Flow -7.01M-107.02M773.00K-78.36M-403.33M
Financing Cash Flow 25.58M215.45M13.23M175.46M439.09M
Capital Expenditure -7.01M-22.74M-9.06M-11.10M-18.68M
Free Cash Flow -36.05M-85.43M-59.64M-61.73M-77.22M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 80.2%78.1%76.7%52.8%29.1%
Operating Margin % -416.4%-832.5%-602.1%-634.9%-1,194.4%
Net Margin % -466.6%-545.9%-625.5%-1,862.7%-3,050.4%
ROE % 53.5%-47.6%-68.5%-158.8%-39.6%
ROCE % -87.8%-60.0%-55.2%-25.1%-12.9%

Shareholding Pattern

Insiders
2.01%
Institutions
55.86%
Public Float
57.00%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.55% 28.53M $444.84M
2 Vanguard Portfolio Management LLC 5.96% 19.90M $310.28M
3 Vanguard Capital Management LLC 4.32% 14.43M $224.92M
4 State Street Corporation 3.54% 11.83M $184.37M
5 Geode Capital Management, LLC 2.60% 8.67M $135.22M
6 UBS Group AG 1.94% 6.48M $100.95M
7 Shaw D.E. & Co., Inc. 1.61% 5.36M $83.63M
8 Morgan Stanley 1.42% 4.73M $73.71M
9 Unicom Systems, Inc. 1.06% 3.52M $54.91M
10 Defiance Etfs, LLC 1.03% 3.45M $53.75M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for RGTI

Yahoo Finance Sun, 06 Sep 2026

Where Will Rigetti Computing Stock Be in 3 Years?

The stock has had impressive gains over the past three years, but recreating that success will be very hard.

Yahoo Finance Sat, 05 Sep 2026

IonQ vs. Rigetti Computing: Which Pure-Play Quantum Pioneer Has the Stronger Technology Advantage?

Rigetti and IonQ are taking two separate approaches to quantum computing.

Yahoo Finance ue, 01 Sep 2026

Rigetti Expands Quantum Footprint as 1,000-Qubit Roadmap Advances

RGTI expands its quantum footprint with new deployments, funding plans and a roadmap targeting 1,000-qubit systems over the next three years.

Yahoo Finance Sat, 29 Aug 2026

Quantum Computing’s Insiders Have Sold Nearly $863 Million More Than They’ve Bought. Should Investors Worry?

Insiders at ​IonQ, Inc. (NYSE:IONQ), ​Rigetti Computing, Inc. (NASDAQ:RGTI), and D-Wave Quantum Inc. (NYSE:QBTS), the three largest pure-play quantum computing companies trading on US markets, have sold approximately $863 million more of th…

Yahoo Finance Fri, 28 Aug 2026

Can High Gate Fidelity Justify Buying Rigetti Stock Today?

Buying the stock today means paying for an engineering roadmap that runs years out, not for the hardware revenue the company books now.

Yahoo Finance hu, 27 Aug 2026

QUBT vs. RGTI: Which Quantum Stock Is the Better Pick Now?

Quantum Computing's photonic technology, customer traction and foundry expansion bolster its case, though high spending and losses remain key concerns.

RGTI — Frequently Asked Questions

What is the current share price of Rigetti Computing, Inc. (RGTI)?

As of 2026-09-07 16:24 PDT, Rigetti Computing, Inc. (RGTI) trades at $15.20 on NasdaqCM. Its 52-week range is $12.90 to $56.34.

What is the market capitalisation of RGTI?

Rigetti Computing, Inc. (RGTI) has a market capitalisation of $5.07B on NasdaqCM.

What is the P/E ratio of RGTI?

RGTI trades at a trailing price-to-earnings (P/E) ratio of -17.08. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is 10.22.

What is the return on equity (ROE) of RGTI?

RGTI has a return on equity (ROE) of -57.09%. Its return on capital employed (ROCE) is -12.94%.

Is RGTI a good stock to buy?

This page provides a data-driven analysis of Rigetti Computing, Inc. (RGTI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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