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-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 427 % -26.6%
Debt-to-equity 36.5 % -10.1%
Return On Equity -51.6 % +22.9%
Return On Assets -37.8 % +20.6%
Operating Margin -802 % -183%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 192M shares +36.8%
Common Stock, Shares, Outstanding 192M shares +36.9%
Entity Public Float 128M USD -7.27%
Common Stock, Value, Issued 19K USD +35.7%
Weighted Average Number of Shares Outstanding, Basic 188M shares +40.7%
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 4.68M USD +70.2%
Research and Development Expense 48.9M USD -12.6%
Selling and Marketing Expense 5.39M USD +48.2%
General and Administrative Expense 25.6M USD -22.5%
Operating Income (Loss) -67.2M USD +17.8%
Nonoperating Income (Expense) 6.62M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -60.6M USD +29%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -60.6M USD +29%
Earnings Per Share, Basic -0.37 USD/shares +37.3%
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 20.3M USD -51.4%
Marketable Securities, Current 83.8M USD
Accounts Receivable, after Allowance for Credit Loss, Current 6.38M USD +113%
Assets, Current 104M USD -11%
Property, Plant and Equipment, Net 44.8M USD +11.1%
Operating Lease, Right-of-Use Asset 8.37M USD +4.25%
Goodwill 0 USD -100%
Assets 157M USD -4.82%
Accounts Payable, Current 1.6M USD +10.9%
Employee-related Liabilities, Current 1.65M USD +112%
Liabilities, Current 21.5M USD -6.87%
Operating Lease, Liability, Noncurrent 7.04M USD +5%
Liabilities 34.4M USD -34.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 254K USD +243%
Retained Earnings (Accumulated Deficit) -402M USD -17.8%
Stockholders' Equity Attributable to Parent 123M USD +9%
Liabilities and Equity 157M USD -4.82%

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 192M shares +36.9%
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
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 57.9M USD +381%
Interest Paid, Excluding Capitalized Interest, Operating Activities 811K USD -24.3%
Deferred Tax Assets, Valuation Allowance 75.1M USD -1.63%
Deferred Tax Assets, Gross 80.2M USD -0.64%
Operating Lease, Liability 9.18M USD
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 -60.4M USD +28.8%
Lessee, Operating Lease, Liability, to be Paid 10.9M USD
Property, Plant and Equipment, Gross 77.8M USD +19%
Operating Lease, Liability, Current 2.14M USD -3.17%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.24M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 551K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.77M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.31M USD
Deferred Tax Assets, Operating Loss Carryforwards 56.5M USD -7.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 5.86M USD +25.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.38M USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 13.4M USD -15.8%
Interest Expense 5.42M USD -2.22%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%