Rigetti Computing, Inc. (RGTI) Financial Statements
Industry: Computer Programming Services (Services)
In fiscal 2025, Rigetti Computing reported revenue of $7.1M, down 34.3% from $10.8M the year before. Net income was -$216.2M (a -3050.4% net margin), or -$0.70 per diluted share. Gross margin was 29.1% and operating margin was -1194.4%. Operating activities generated -$58.5M of cash, leaving -$77.2M of free cash flow. At fiscal year end, Rigetti Computing held $666.6M in total assets against $120.4M in total liabilities, including $44.9M of cash and equivalents.
Open the full interactive Rigetti Computing financials → Quarterly statements, key ratios, valuation history and price charts.
Rigetti Computing Key Stats
| Share Price | $12.78 |
|---|---|
| Market Cap | $4.26B |
| Revenue YoY Growth | -34.3% |
| 52-Week Range | $12.78 – $56.34 |
| Shares Outstanding | 333.2 million (basic, 2026 Q2) |
Rigetti Computing Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $13.1M | $12.0M | $10.8M | $7.1M |
| Gross Profit | — | $10.2M | $9.2M | $5.7M | $2.1M |
| Operating Income | -$4.9M | -$109.1M | -$72.3M | -$68.5M | -$84.7M |
| Pre-Tax Income | -$23.2M | -$71.5M | -$75.1M | -$201.0M | -$216.2M |
| Income Tax | — | $0 | $0 | $0 | $0 |
| Net Income | -$23.2M | -$71.5M | -$75.1M | -$201.0M | -$216.2M |
| Diluted EPS | -$0.62 | -$0.70 | -$0.57 | -$1.09 | -$0.70 |
Rigetti Computing Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.9M | $1.9M | $4.4M | $5.1M |
| Net Income | -$201.0M | -$18.2M | $33.1M | -$52.6M |
| Diluted EPS | -$0.62 | -$0.06 | -$0.06 | -$0.16 |
Rigetti Computing Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | — | $57.9M | $21.4M | $67.7M | $44.9M |
| Current Assets | $767,835 | $154.5M | $107.7M | $206.8M | $454.8M |
| Total Assets | $345.8M | $203.4M | $159.9M | $284.8M | $666.6M |
| Current Liabilities | $4.2M | $21.8M | $29.1M | $11.9M | $12.2M |
| Total Long-Term Debt | — | $28.9M | $9.9M | — | — |
| Total Liabilities | $47.3M | $53.2M | $50.3M | $158.2M | $120.4M |
| Shareholders' Equity | -$46.5M | $150.2M | $109.6M | $126.6M | $546.2M |
Rigetti Computing Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$961,975 | -$62.7M | -$50.6M | -$50.6M | -$58.5M |
| Cash From Investing | -$345.0M | -$107.0M | $773,000 | -$78.4M | -$403.3M |
| Cash From Financing | $346.5M | $215.5M | $13.2M | $175.5M | $439.1M |
| Free Cash Flow | — | -$85.4M | -$59.6M | -$61.7M | -$77.2M |
Figures from Rigetti Computing's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Rigetti Computing financials page for every line item.
Rigetti Computing Company Profile
| Ticker | RGTI |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Programming Services (Services) |
| Headquarters | Berkeley, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001838359 |
Frequently Asked Questions
What was Rigetti Computing's revenue in fiscal 2025?
Rigetti Computing (RGTI) reported revenue of $7.1M for fiscal 2025.
What is Rigetti Computing's annual revenue history?
Rigetti Computing's annual revenue by fiscal year: 2021: $0; 2022: $13.1M; 2023: $12.0M; 2024: $10.8M; 2025: $7.1M.
What was Rigetti Computing's net income in fiscal 2025?
Rigetti Computing reported net income of -$216.2M for fiscal 2025.
What was Rigetti Computing's earnings per share (EPS) in fiscal 2025?
Rigetti Computing's diluted EPS was -$0.70 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Rigetti Computing generate in fiscal 2025?
Rigetti Computing generated -$77.2M of free cash flow in fiscal 2025.
What was Rigetti Computing's revenue last quarter?
In its most recent reported quarter (2026 Q2), Rigetti Computing reported revenue of $5.1M.
How many shares of Rigetti Computing are outstanding?
Rigetti Computing reported a weighted average of 333.2 million basic shares outstanding in 2026 Q2.
What is Rigetti Computing's market cap?
Based on its latest closing price, Rigetti Computing (RGTI) has a market capitalization of about $4.26B.
When does Rigetti Computing's fiscal year end?
Rigetti Computing's fiscal year end, as registered with the SEC, is December 31.
Where is Rigetti Computing headquartered?
Rigetti Computing lists its business address in Berkeley, California in its SEC filings.
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