Rigetti Computing, Inc. financial data

Symbol
RGTI, RGTIW on Nasdaq
Industry
Services-Computer Programming Services
Location
775 Heinz Avenue, Berkeley, CA
Fiscal year end
December 31
Former names
Supernova Partners Acquisition Co II, Ltd. (to 3/1/2022)
Latest financial report
10-Q - Q1 2025 - May 12, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 903 % +96.5%
Debt-to-equity 51 % +17.1%
Return On Equity -95.1 % -49.6%
Return On Assets -63 % -42.2%
Operating Margin -802 % -183%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 286M shares +79.9%
Common Stock, Shares, Outstanding 287M shares +73.6%
Entity Public Float 166M USD +30.1%
Common Stock, Value, Issued 29K USD +81.3%
Weighted Average Number of Shares Outstanding, Basic 285M shares +87.5%
Weighted Average Number of Shares Outstanding, Diluted 302M shares +98.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 13.2M USD +66.2%
Cost of Revenue 4.57M USD +19%
Research and Development Expense 53.7M USD +6.34%
Selling and Marketing Expense 5.39M USD +48.2%
General and Administrative Expense 24.5M USD -3.48%
Operating Income (Loss) -73.6M USD -10%
Nonoperating Income (Expense) -64M USD -1030%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -138M USD -89.7%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -138M USD -89.7%
Earnings Per Share, Basic -0.8 USD/shares -53.8%
Earnings Per Share, Diluted 0.13 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 37.2M USD +5.88%
Marketable Securities, Current 83.8M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.07M USD -77.3%
Other Assets, Current 2.04M USD
Assets, Current 214M USD +94.8%
Property, Plant and Equipment, Net 46.1M USD +3.34%
Operating Lease, Right-of-Use Asset 7.61M USD +5.05%
Assets 269M USD +66%
Accounts Payable, Current 3.4M USD -11%
Employee-related Liabilities, Current 3.6M USD +118%
Contract with Customer, Liability, Current 147K USD +14%
Liabilities, Current 11.4M USD -54.2%
Contract with Customer, Liability, Noncurrent 698K USD
Operating Lease, Liability, Noncurrent 6.23M USD +5.95%
Liabilities 62M USD +33.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -88K USD -164%
Retained Earnings (Accumulated Deficit) -512M USD -36.7%
Stockholders' Equity Attributable to Parent 207M USD +79.2%
Liabilities and Equity 269M USD +66%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -13.7M USD -3.9%
Net Cash Provided by (Used in) Financing Activities 6.94M USD -66.5%
Net Cash Provided by (Used in) Investing Activities -23.6M USD -480%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 287M shares +73.6%
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 -30.5M USD -323%
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 1.83M USD +2.35%
Payments to Acquire Property, Plant, and Equipment 2.55M USD -53.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -138M USD -90.4%
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 2.18M USD -1.8%
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 14.3M USD +4.05%
Interest Expense 5.42M USD -2.22%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%