Sunday 1 November 2026
Export RGTI’s income statement to Excel — free account
Rigetti Computing, Inc.
RGTI Technology Computer Hardware
Rigetti Computing, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.1 million, down 34.3% from fiscal 2024.
- Revenue
- +185.3%
- EPS
- −23.1%
- Free cash flow
- −27.2%
Quarter to June 2026, against a year earlier
11.25
0.81
−6.72%
Follow RGTI
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 8 | 13 | 12 | 11 | 7 | 13 | (3.6%) | 23 | 44 | 83 | +127.5% | |
| Gross margin, % | — | — | — | — | — | 80.20 | 78.07 | 76.68 | 52.80 | 29.12 | 34.61 | (51.1) pt | ||||||
| EBT | — | — | — | — | (25) | (38) | (72) | (75) | (201) | (216) | (239) | +53.5% | ||||||
| EBT margin, % | — | — | — | — | 0.00 | (466.58) | (545.88) | (625.47) | (1,862.72) | (3,050.37) | (1,787.40) | (3,050.4) pt | ||||||
| Net income | — | 0 | — | — | (25) | (38) | (72) | (75) | (201) | (216) | (239) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 0.35 | 0.13 | 0.09 | 0.06 | 0.02 | 0.04 | n/m | |||||
| Earnings | — | — | — | — | (2.07) | (1.64) | (0.70) | (0.57) | (1.09) | (0.70) | (0.74) | (19.5%) | ||||||
| Cash flow | — | — | — | — | (0.04) | (1.24) | (0.61) | (0.38) | (0.27) | (0.19) | (0.18) | +36.3% | ||||||
| Capex | — | — | — | — | 0.00 | (0.30) | (0.22) | (0.07) | (0.06) | (0.06) | (0.08) | n/m | ||||||
| Free cash flow | — | — | — | — | (0.04) | (1.54) | (0.83) | (0.45) | (0.33) | (0.25) | (0.26) | +44.0% | ||||||
| Book value | — | — | — | — | 0.00 | 0.43 | 1.47 | 0.83 | 0.69 | 1.76 | 1.61 | +366.3% | ||||||
| Shares, m | — | — | — | — | 12 | 23 | 102 | 132 | 185 | 310 | 325 | +90.9% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | — | 29.30 | 5.70 | 10.11 | 261.17 | 968.01 | 279.99 | 254.9 | ||||||
| P/B | — | — | — | — | — | 0.00 | 0.50 | 1.11 | 22.26 | 12.56 | 6.96 | 7.3 | ||||||
| EV/Sales | — | — | — | — | — | 30.89 | (2.99) | 3.63 | 244.60 | 907.31 | 251.50 | 236.7 | ||||||
| EV/FCF | — | — | — | — | — | (7.02) | 0.46 | (0.73) | (42.76) | (83.28) | (38.34) | (26.7) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | (29) | (63) | (51) | (51) | (59) | (61) | +160.1% | |||||
| Capex | — | — | — | — | — | (7) | (23) | (9) | (11) | (19) | (27) | +27.8% | ||||||
| Free cash flow | — | — | — | — | 0 | (36) | (85) | (60) | (62) | (77) | (88) | +174.9% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 0 | 11 | 133 | 79 | 195 | 443 | 309 | n/m | |||||
| Net debt | — | — | — | — | (1) | 13 | (114) | (78) | (192) | (444) | (394) | +233.2% | ||||||
| Shareholders’ equity | — | — | — | — | 0 | 10 | 150 | 110 | 127 | 546 | 537 | +780.9% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | (117,232.79) | (164.58) | (57.25) | (41.34) | (90.39) | (45.45) | (37.15) | +117,187.3 pt | |||||
| ROIC | — | — | — | — | 0.00 | (92.51) | (187.55) | (142.46) | 0.00 | (51.53) | (42.25) | (51.5) pt | ||||||
| ROE | — | — | — | — | (17.00) | 106.94 | (181.77) | (57.82) | (170.20) | (64.27) | (43.77) | (47.3) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | 144 | 134 | 140 | 164 | — | +4.4% | |||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.09 | 0.09 | 0.08 | 0.04 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
Rigetti Computing, Inc. vs peers in Computer Hardware (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| IONQ IonQ, Inc. | $13.6B | — (loss-making) | — (loss-making) | +286.83% (above 0%: growing) | n/m | −110.77% (below 0%: shrinking) | 24.91% | (421.29%) | Compare |
| LOGI Logitech International S.A. | $13.6B | 17.3× | — | +6.93% (above 0%: growing) | +65.66% (above 0%: growing) | +37.82% (above 0%: growing) | 49.54% | 21.07% | Compare |
| QBTS D-Wave Quantum Inc. | $4.4B | — (loss-making) | — (loss-making) | −0.61% (below 0%: shrinking) | n/m | −105.81% (below 0%: shrinking) | 55.40% | (1,732.05%) | Compare |
| RGTI Rigetti Computing, Inc. | $4.0B | — (loss-making) | — (loss-making) | +185.29% (above 0%: growing) | n/m | −27.18% (below 0%: shrinking) | 42.58% | (546.17%) | |
| IQMX IQM Quantum Computers Oyj | $1.7B | — (loss-making) | — | — | n/m | 0.00% | — | 0.00% | Compare |
| QUBT Quantum Computing Inc. | $1.5B | — (loss-making) | — (loss-making) | +34.04% (above 0%: growing) | n/m | −62.17% (below 0%: shrinking) | (8,323.61%) | 0.00% | Compare |
| CRSR Corsair Gaming, Inc. | $1.5B | 40.8× | 48.8× | −1.80% (below 0%: shrinking) | n/m | +162.25% (above 0%: growing) | 33.18% | 2.42% | Compare |
| ADIG ADI Global Distribution Inc | $1.3B | — | — | — | — | — | 22.71% | 1.94% | Compare |
| CRCT Cricut, Inc. | $1.3B | 14.2× | — (loss-making) | −9.20% (below 0%: shrinking) | +58.33% (above 0%: growing) | +34.12% (above 0%: growing) | 74.48% | 30.34% | Compare |
| Median of peers | $1.6B | 17.3× | — | +3.16% | — | 0.00% | 33.18% | 0.97% |