Rigetti Computing, Inc.
About Rigetti Computing, Inc.
Rigetti Computing Inc builds quantum computers and the superconducting quantum processors that power them. The Company sells 9-qubit to 108-qubit quantum computing systems under the Novera and Cepheus trade names. Through the Rigetti Quantum Cloud Services (QCS) platform, the Company's machines can be integrated into any public, private or hybrid cloud. The Company also operates in Fremont, California; London, United Kingdom; Adelaide, Australia; British Columbia, Canada and Mumbai, India. The Company's revenue is derived from operations in the United States and the United Kingdom.
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Financial summary
- Revenue FY2022
- $13.1M
- Net income
- -$216.2M
- Total assets
- $666.6M
- Market cap
- $6.9B
- Gross margin
- 29.1%
- Operating margin
- -1194.4%
- Net margin
- -3050.4%
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $7.1M
- Cost of revenue
- $5.0M
- Gross profit
- $2.1M
- Operating expenses
- $86.7M
- Operating income
- -$84.7M
- Income tax
- $0
- Net income
- -$216.2M
- EPS (basic)
- $-0.70
- EPS (diluted)
- $-0.70
Balance sheet
- Total assets
- $666.6M
- Current assets
- $454.8M
- Total liabilities
- $120.4M
- Current liabilities
- $12.2M
- Shareholders’ equity
- $546.2M
Cash flow
- Operating cash flow
- -$58.5M
- Investing cash flow
- -$403.3M
- Financing cash flow
- $439.1M
- Net cash flow
- -$22.8M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $6.9B
- EPS (diluted)
- $-0.7
- Shares outstanding
- 315.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Mar 2, 2022
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $216.2M in FY2022.
- Revenue declined 46% from FY2022 to FY2025.
- Gross margin of 29.1%, net margin -3050.4%.
- Trading 61% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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