See more : KUKA Aktiengesellschaft (0JOE.L) Income Statement Analysis – Financial Results
Complete financial analysis of Rigetti Computing, Inc. (RGTI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Rigetti Computing, Inc., a leading company in the Computer Hardware industry within the Technology sector.
You may be interested
- Pan Global Resources Inc. (PGZ.V) Income Statement Analysis – Financial Results
- Tesco PLC (TSCDF) Income Statement Analysis – Financial Results
- HubSpot, Inc. (0TZZ.L) Income Statement Analysis – Financial Results
- Performant Financial Corporation (PFMT) Income Statement Analysis – Financial Results
- Hexicon AB (publ) (HEXI.ST) Income Statement Analysis – Financial Results
Rigetti Computing, Inc. (RGTI)
About Rigetti Computing, Inc.
Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 12.01M | 13.10M | 8.20M | 5.54M | 735.48K |
| Cost of Revenue | 2.80M | 2.87M | 6.27M | 1.49M | 288.16K |
| Gross Profit | 9.21M | 10.23M | 1.92M | 4.05M | 447.32K |
| Gross Profit Ratio | 76.68% | 78.07% | 23.45% | 73.09% | 60.82% |
| Research & Development | 52.77M | 59.95M | 26.93M | 24.10M | 29.45M |
| General & Administrative | 0.00 | 47.63M | 12.33M | 13.16M | 16.16M |
| Selling & Marketing | 0.00 | 6.35M | 2.70M | 1.89M | 2.54M |
| SG&A | 27.74M | 53.98M | 9.12M | 15.04M | 18.70M |
| Other Expenses | 991.00K | 2.50M | 0.00 | 42.13K | -5.06M |
| Operating Expenses | 80.51M | 113.93M | 36.05M | 39.14M | 48.15M |
| Cost & Expenses | 83.31M | 116.81M | 42.33M | 40.63M | 48.44M |
| Interest Income | 5.08M | 2.43M | 10.00K | 60.15K | 670.85K |
| Interest Expense | 5.78M | 5.29M | 2.47M | 0.00 | 0.00 |
| Depreciation & Amortization | 7.43M | 7.55M | 4.65M | 4.30M | 3.94M |
| EBITDA | -60.22M | -58.68M | -31.13M | -35.09M | -43.76M |
| EBITDA Ratio | -501.50% | -719.38% | -359.66% | -716.38% | -5,897.86% |
| Operating Income | -72.30M | -103.70M | -34.13M | -35.09M | -47.70M |
| Operating Income Ratio | -602.06% | -791.51% | -416.41% | -633.13% | -6,485.81% |
| Total Other Income/Expenses | -2.81M | 37.56M | -1.01M | 8.96M | -6.11M |
| Income Before Tax | -75.11M | -71.52M | -38.24M | -26.13M | -53.82M |
| Income Before Tax Ratio | -625.47% | -545.88% | -466.58% | -471.39% | -7,317.15% |
| Income Tax Expense | 0.00 | -35.04M | -2.47M | -8.92M | 1.05M |
| Net Income | -75.11M | -36.49M | -38.24M | -17.21M | -54.87M |
| Net Income Ratio | -625.47% | -278.48% | -466.58% | -310.42% | -7,460.35% |
| EPS | -0.57 | -0.36 | -2.10 | -0.40 | -0.48 |
| EPS Diluted | -0.57 | -0.36 | -2.10 | -0.40 | -0.48 |
| Weighted Avg Shares Out | 131.98M | 102.30M | 18.22M | 43.13M | 113.81M |
| Weighted Avg Shares Out (Dil) | 131.98M | 102.30M | 18.22M | 43.13M | 113.81M |
7 Stocks You Haven't Heard of (That EVERYONE Should Own)
There are many must-own stocks beyond the mega-caps that aren't household names but have solid potential going forward. These stocks are using megatrends and tailwinds and have solid upside catalysts that could quickly propel them higher.
Rigetti Computing Set to Join Russell 3000® Index
BERKELEY, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ: RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the Company is set to join the Russell 3000® Index at the conclusion of...
Rigetti Computing: Should Benefit Greatly From Novera Partnership Program
Rigetti Computing is a company developing full-stack quantum supercomputer services through its cloud-based platform, Forest. The company's stock has experienced disappointing performance since going public, losing 89% of its value, but has gained momentum YTD with a 16% increase. The...
3 Quantum Computing Stocks That Could Be Millionaire-Makers: May Edition
Don't miss out on this exceptional chance to invest in quantum computing stocks to buy that could be millionaire makers while their valuations remain low. These innovative tech companies are developing cutting-edge quantum computing systems with the potential to generate...
7 Cheap Quantum Computing Stocks to Buy Now: May 2024
If you're searching for cheap quantum computing stocks to invest in for early next year, there are a few companies worth watching. I expect these companies to perform well throughout 2024 due to their continued development and the gradual roll-out...
Is Rigetti Computing (RGTI) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
3 Secret Quantum Computing Stocks Flying Below Wall Street's Radar
Using quantum computing, humans can solve huge, complex problems much faster than with standard computers. Among the tasks at which quantum computers excel are atomic physics, logistics and artificial intelligence.
The Next Big Win: 3 Penny Stocks Poised for Huge Gains
Following the Fed's recent upbeat remarks, the bulls are charging out, parading their rosy stock market forecasts. Hence, given the positive cues from the Fed, it might be an excellent time to wager on the best penny stocks to buy.
Rigetti Computing, Inc. (RGTI) Q1 2024 Earnings Call Transcript
Rigetti Computing, Inc. (NASDAQ:RGTI ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Subodh Kulkarni - President and Chief Executive Officer Jeff Bertelsen - Chief Financial Officer David Rivas - Chief Technology Officer Conference Call...
Rigetti Computing Reports First Quarter 2024 Financial Results
BERKELEY, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the first quarter ended March 31, 2024.
Source: https://incomestatements.info
Category: Stock Reports