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Home CompaniesRigetti Computing Inc

Rigetti Computing Inc

Technology Computer Hardware
PortfolioPortfolio WatchlistWatchlist
Company price
10.645 USD -0.47 ( 4.19%)
Last update at 2026-11-12T15:15:00Z
VOLUME
4563711
Market Cap
180.51M

Momentum Score

…

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service. It also provides quantum cloud services that provides various range of support in programming, public or private clouds integration, and connectivity, as well as quantum operating system software that supports both public and private cloud architectures. In addition, the company offers professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities. It has operations in the United States and the United Kingdom. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

Source: TradingView
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Day Price Range
10.44
Low
10.85
High
52 Week Price Range
0.80
Low
3.43
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Rigetti builds superconducting quantum processors and offers cloud quantum computing services and developer tools for commercial and research customers. Long-term growth may be driven by hardware scaling, better qubit fidelity, wider cloud and enterprise adoption, and software integration, appealing to investors seeking exposure to a vertically integrated quantum hardware and services company.

The primary investment risks are persistent unprofitability and cash burn that may require additional financing, significant technological and execution challenges in commercializing error-corrected quantum systems, and intense competition from better-funded rivals that could slow adoption.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
11.11
Dividend Yield
-
Revenue TTM
12.86M
Revenue Per Share
0.09
Gross Profit TTM
10.23M
Debt / Equity
0.28
ROE
-59.20%
Net Debt
9.17M
ROCE
-79.25%
Diluted EPS TTM
-0.51

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-01-31 2022-01-31 2021-01-31 2020-01-31
Type yearly yearly yearly yearly
Date 2023-01-31 2022-01-31 2021-01-31 2020-01-31
Income before tax -71.52M -38.24M -26.13M -53.82M
Net income -36.49M -35.78M -17.21M -54.87M
Selling general administrative 47.63M 11.30M 13.16M 16.16M
Selling and marketing expenses 6.35M 2.47M 1.89M 2.54M
Gross profit 10.23M 6.57M 4.05M 0.45M
Reconciled depreciation 7.02M - 4.30M 3.94M
Ebit -103.70M -40.71M -35.09M -47.70M
Ebitda -94.25M -36.06M -39.71M -43.38M
Depreciation and amortization 9.45M 4.65M -4.61M 4.32M
Operating income -103.70M -40.71M -35.09M -47.70M
Other operating expenses 116.81M 42.32M 40.63M 48.44M
Interest expense 5.29M 2.47M 0.05M 0.67M
Tax provision 0.00M - - -
Interest income 2.43M - - -
Net interest income -2.85M - 0.01M -0.67M
Income tax expense -35.03M -2.47M -8.92M 1.05M
Total revenue 13.10M 8.20M 5.54M 0.74M
Total operating expenses 113.93M 40.70M 39.14M 48.15M
Cost of revenue 2.87M 1.62M 1.49M 0.29M
Total other income expense net 32.18M 2.47M 8.96M -6.11M
Net income from continuing ops -71.52M - -26.13M -53.82M
Net income applicable to common shares -71.52M -41.72M -26.13M -53.82M
Breakdown 2024-01-31 2023-01-31 2022-01-31 2021-01-31 2020-01-31
Type yearly yearly yearly yearly yearly
Date 2024-01-31 2023-01-31 2022-01-31 2021-01-31 2020-01-31
Total assets 159.91M 203.44M 46.43M 49.68M 27.49M
Other current assets 2.71M 2.45M 0.24M 1.04M 1.13M
Total liab 50.33M 53.22M 117.96M 85.11M 155.90M
Total stockholder equity 109.59M 150.22M -71.53M -35.43M -128.41M
Other current liab 8.56M 8.21M 4.04M 1.60M 2.96M
Common stock 0.01M 0.01M 0.00M 0.00M 0.00M
Capital stock 0.01M 0.01M 0.00M 0.00M 0.00M
Retained earnings -353.76M -278.65M -207.13M -168.89M -142.76M
Other liab - 2.97M 4.65M 0.38M 0.30M
Good will - 0.00M 5.38M 5.38M 5.38M
Other assets - 0.13M 0.48M 0.45M 0.44M
Cash 21.39M 57.89M 11.73M 22.20M 0.31M
Total current liabilities 29.05M 21.75M 8.28M 3.20M 34.80M
Current deferred revenue 0.34M 0.96M 0.98M 0.49M 1.85M
Net debt 9.17M -18.75M 13.06M -22.20M 26.58M
Short term debt 14.37M 10.65M 1.29M - 26.89M
Short long term debt 12.16M 8.30M 1.29M - 26.89M
Short long term debt total 30.57M 39.14M 24.79M - 26.89M
Other stockholder equity 463.09M 225.58M 135.55M 133.41M 14.36M
Property plant equipment - 48.85M 22.50M 20.14M 20.04M
Total current assets 107.67M 154.47M 18.07M 23.72M 1.62M
Net tangible assets - 150.22M -76.91M -40.80M -133.79M
Short term investments 78.54M 84.92M - - -
Net receivables 5.03M 6.24M 1.54M 0.48M 0.19M
Long term debt 9.89M 20.64M 23.50M - -
Inventory 0.00M 2.97M 4.56M - -
Accounts payable 5.77M 1.94M 1.97M 1.11M 3.10M
Accumulated other comprehensive income 0.24M -0.16M 0.05M 0.06M -0.02M
Non currrent assets other 0.13M 0.13M 0.48M 0.45M 0.44M
Non current assets total 52.25M 48.98M 28.36M 25.96M 25.86M
Capital lease obligations 8.51M 10.20M - - -
Breakdown 2023-01-31 2022-01-31 2021-01-31 2020-01-31
Type yearly yearly yearly yearly
Date 2023-01-31 2022-01-31 2021-01-31 2020-01-31
Investments -107.02M -84.29M -4.40M -2.94M
Change to liabilities -0.73M 0.11M -3.65M 3.95M
Total cashflows from investing activities -107.02M -7.64M -4.40M -2.94M
Net borrowings 3.71M 29.45M 2.20M 17.11M
Total cash from financing activities 215.45M 25.58M 56.29M 18.74M
Change to operating activities 3.10M 1.22M 2.03M 0.37M
Net income -71.52M -38.24M -26.13M -53.82M
Change in cash 45.84M -10.47M 21.89M -21.11M
Begin period cash flow 12.05M 22.52M 0.63M 21.73M
End period cash flow 57.89M 12.05M 22.52M 0.63M
Total cash from operating activities -62.69M -29.04M -30.07M -36.89M
Issuance of capital stock - - 54.02M 0.00M
Depreciation 7.02M 4.65M 4.30M 3.94M
Change to inventory - - 2.00M -
Change to account receivables -4.69M -1.06M -2.29M 2.23M
Other cashflows from financing activities 210.68M 25.45M 2.27M 21.58M
Change to netincome 3.23M 4.23M -6.32M 8.35M
Capital expenditures 22.74M 7.01M 4.40M 3.09M
Change in working capital -2.33M 2.78M -1.92M 4.63M
Stock based compensation 44.81M 1.77M 2.59M 2.78M
Other non cash items -40.67M 2.78M -8.91M 5.57M
Free cash flow -85.43M -36.05M -34.47M -39.98M

Peer Comparison*

Sector: Technology Industry: Computer Hardware

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
RGTI
Rigetti Computing Inc		 -0.47
4.19%		 10.64 - - 16.86 1.85 11.08 -2.15
SNDK
Sandisk Corp		 -67.25
6.88%		 910.44 21.05 6.87 11.07 14.44 11.00 16.82
STX
Seagate Technology PLC		 -10.41
1.89%		 541.31 57.81 22.52 14.39 84.53 15.20 43.61
DELL
Dell Technologies Inc		 -16.61
4.45%		 357.06 24.44 15.65 1.22 4.39 1.34 12.81
ANET
Arista Networks		 2.87
1.46%		 199.55 39.49 31.45 13.08 11.15 12.18 31.54

Profile*

Rigetti Computing Inc

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service. It also provides quantum cloud services that provides various range of support in programming, public or private clouds integration, and connectivity, as well as quantum operating system software that supports both public and private cloud architectures. In addition, the company offers professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities. It has operations in the United States and the United Kingdom. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

775 Heinz Avenue, Berkeley, CA, United States, 94710

510 210 5550

https://www.rigetti.com

134

Name Title Year Born
Dr. Chad Rigetti Founder & Director 1979
Mr. Brian J. Sereda Chief Financial Officer 1961
Dr. Subodh K. Kulkarni Ph.D. CEO & Pres 1965
Mr. Michael Harburn Chief Technology Officer 1970
Mr. Richard Danis Gen. Counsel & Corp. Sec. 1970
Ms. Jackie Kaweck Sr. VP of HR NA
Mr. Mike Pelstring Sr. VP of Engineering NA
Mr. David Rivas Sr. VP of Systems & Services NA
Mr. Greg Peters Chief Revenue Officer 1960
Dr. Subodh K. Kulkarni Ph.D. CEO, President & Director 1965

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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