Rigetti Computing, Inc. financial data

Symbol
RGTI, RGTIW on Nasdaq
Industry
Services-Computer Programming Services
Location
775 Heinz Avenue, Berkeley, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Supernova Partners Acquisition Co II, Ltd. (to 3/1/2022)
Latest financial report
10-K - Q4 2024 - Mar 7, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 633 % +29.3%
Debt-to-equity 57.4 % +31.9%
Return On Equity -165 % -158%
Return On Assets -105 % -135%
Operating Margin -802 % -183%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 286M shares +79.9%
Common Stock, Shares, Outstanding 284M shares +92.8%
Entity Public Float 166M USD +30.1%
Common Stock, Value, Issued 29K USD +107%
Weighted Average Number of Shares Outstanding, Basic 185M shares +39.9%
Weighted Average Number of Shares Outstanding, Diluted 172M shares +33.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 13.2M USD +66.2%
Cost of Revenue 5.09M USD +81.9%
Research and Development Expense 49.8M USD -5.72%
Selling and Marketing Expense 5.39M USD +48.2%
General and Administrative Expense 24.5M USD -11.8%
Operating Income (Loss) -68.5M USD +5.24%
Nonoperating Income (Expense) -132M USD -4611%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -201M USD -168%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -201M USD -168%
Earnings Per Share, Basic -1.09 USD/shares -91.2%
Earnings Per Share, Diluted -0.46 USD/shares +20.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 67.7M USD +216%
Marketable Securities, Current 83.8M USD
Accounts Receivable, after Allowance for Credit Loss, Current 2.43M USD -51.7%
Other Assets, Current 9.08M USD +1078%
Assets, Current 207M USD +92%
Property, Plant and Equipment, Net 44.6M USD +0.36%
Operating Lease, Right-of-Use Asset 7.99M USD +4.7%
Assets 285M USD +78.1%
Accounts Payable, Current 1.59M USD -72.5%
Employee-related Liabilities, Current 3.6M USD +118%
Contract with Customer, Liability, Current 113K USD -67.1%
Liabilities, Current 11.9M USD -59.2%
Contract with Customer, Liability, Noncurrent 698K USD
Operating Lease, Liability, Noncurrent 6.64M USD +5.46%
Liabilities 158M USD +214%
Accumulated Other Comprehensive Income (Loss), Net of Tax 105K USD -57%
Retained Earnings (Accumulated Deficit) -555M USD -56.8%
Stockholders' Equity Attributable to Parent 127M USD +15.5%
Liabilities and Equity 285M USD +78.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -13.1M USD +15.5%
Net Cash Provided by (Used in) Financing Activities 20.7M USD
Net Cash Provided by (Used in) Investing Activities 6.22M USD
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 284M shares +92.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 13.7M USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 811K USD -24.3%
Deferred Tax Assets, Valuation Allowance 93M USD +23.8%
Deferred Tax Assets, Gross 98.9M USD +23.2%
Operating Lease, Liability 8.8M USD +3.44%
Depreciation 1.79M USD -14.5%
Payments to Acquire Property, Plant, and Equipment 5.49M USD +14.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -201M USD -169%
Lessee, Operating Lease, Liability, to be Paid 10.4M USD -0.2%
Property, Plant and Equipment, Gross 85M USD +9.21%
Operating Lease, Liability, Current 2.16M USD -2.31%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.31M USD +5.23%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.24M USD -2.32%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.6M USD -16.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.38M USD +56.2%
Deferred Tax Assets, Operating Loss Carryforwards 71.1M USD +25.7%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 10.9M USD +86.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.29M USD +46.4%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 13.1M USD +5.32%
Interest Expense 5.42M USD -2.22%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%