Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 10.8M
Gross Profit 5.7M 52.80%
Operating Income -68.5M -634.94%
Net Income -201.0M -1,862.72%

Balance Sheet Metrics

Total Assets 284.8M
Total Liabilities 158.2M
Shareholders Equity 126.6M
Debt to Equity 1.25

Cash Flow Metrics

Operating Cash Flow -132.5M
Free Cash Flow -61.7M

Revenue & Profitability Trend

Rigetti Computing Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 10.8M 12.0M 13.1M 5.5M 735.5K
Cost of Goods Sold 5.1M 2.8M 2.9M 1.5M 288.2K
Gross Profit 5.7M 9.2M 10.2M 4.1M 447.3K
Operating Expenses 74.2M 80.5M 113.9M 39.1M 48.1M
Operating Income -68.5M -71.3M -103.7M -35.1M -47.7M
Pre-tax Income -201.0M -75.1M -71.5M -26.1M -53.8M
Income Tax 0 0 0 - -
Net Income -201.0M -75.1M -71.5M -26.1M -53.8M
EPS (Diluted) - - - - -

Income Statement Trend

Rigetti Computing Balance Sheet From 2021 to 2024

Metric 2024 2023 2022 2021 2021
Assets
Current Assets 206.8M 107.7M 154.5M 18.1M 23.7M
Non-Current Assets 78.0M 52.2M 49.0M 28.4M 26.0M
Total Assets 284.8M 159.9M 203.4M 46.4M 49.7M
Liabilities
Current Liabilities 11.9M 29.1M 21.8M 8.3M 3.2M
Non-Current Liabilities 146.3M 21.3M 31.5M 109.7M 81.9M
Total Liabilities 158.2M 50.3M 53.2M 118.0M 85.1M
Equity
Total Shareholders Equity 126.6M 109.6M 150.2M -71.5M -35.4M

Balance Sheet Composition

Rigetti Computing Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -201.0M -75.1M -71.5M -26.1M -53.8M
Operating Cash Flow -132.5M -49.7M -42.6M -22.8M -37.2M
Investing Activities
Capital Expenditures -11.1M -9.1M -22.7M -4.4M -3.1M
Investing Cash Flow -78.4M 773.0K -107.0M -4.4M -2.9M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow 174.9M 12.1M 209.4M 56.2M 18.6M
Free Cash Flow -61.7M -59.6M -85.4M -34.5M -40.0M

Cash Flow Trend

Rigetti Computing Key Financial Ratios

Valuation Ratios

Price to Book 5.20
Price to Sales 106.69

Profitability Ratios

Profit Margin 52.80%
Operating Margin -1,469.56%
Return on Equity -85.28%
Return on Assets -21.32%

Financial Health

Current Ratio 18.82
Debt to Equity 4.06
Beta 1.51

Per Share Data

EPS (TTM) -$1.90
Book Value per Share $0.72
Revenue per Share $0.04

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
rgtiw 1.2B - 5.20 -85.28% 52.80% 4.06
Arista Networks 108.3B 36.39 10.71 33.68% 40.72% 0.00
Dell Technologies 80.1B 18.53 -27.01 -331.07% 4.72% -9.80
Quantum Computing 2.5B - 10.89 -31.29% 30.03% 0.48
Cricut 1.4B 21.10 2.83 12.87% 9.48% 2.96
Corsair Gaming 955.6M 359.67 1.57 -12.60% -6.23% 34.67

Financial data is updated regularly. All figures are in the company's reporting currency.