Rigetti Computing, Inc. (RGTI)

44.62 -3.35 (-6.98%)

As of 2025-10-16 22:21:26 EST

Rigetti Computing, Inc. is a Berkeley, California-based developer of superconducting quantum integrated circuits used for quantum computers. Rigetti also develops a cloud platform called Forest that enables programmers to write quantum algorithms.

Traded asNasdaq: RGTI
ISINUS76655K1034
CIK0001838359
LEI52990024JHY459DH8W71
EIN
SectorQuantum computing
IndustryServices-Computer Programming Services
CEOSubodh Kulkarni
Employees140
Fiscal Year End1231
Address775 HEINZ AVENUE, BERKELEY, CA, 94710
Phone(510) 210-5550
Websitehttp://rigetti.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
RGTIRigetti Computing, Inc.2025-10-16 22:21:2644.62-3.35-6.98
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
RGTI0001838359Rigetti Computing, Inc.US76655K103452990024JHY459DH8W71Nasdaq7371Services-Computer Programming Services1231DE775 HEINZ AVENUEBERKELEYCA94710UNITED STATESUS(510) 210-5550775 HEINZ AVENUE, BERKELEY, CA, 94710775 HEINZ AVENUE, BERKELEY, CA, 94710Supernova Partners Acquisition Co II, Ltd.Quantum computing2013Subodh Kulkarni140http://rigetti.com166,000,000323,762,157324,165,170Rigetti Computing, Inc. is a Berkeley, California-based developer of superconducting quantum integrated circuits used for quantum computers. Rigetti also develops a cloud platform called Forest that enables programmers to write quantum algorithms.2025-10-10 19:49:41
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RGTI Stock Price (End-of-Day)
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RGTI Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2024166,000,00038,400,00030.094285,828,047126,947,02579.9007
2023127,600,000-10,000,000-7.2674158,881,02230,126,75523.3986
2022137,600,000-197,400,000-58.9254128,754,267128,754,267100
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Jeffrey BertelsenChief Financial Officer2024315,00000118,1252611,300,886
Dr. Subodh KulkarniChief Executive Officer, President2024614,25000459,9002612,261,211
David RivasChief Technology Officer2024362,25001,015,000135,8442611,513,355
Rick DanisCorporate Secretary, General Counsel2023387,5220272,72781,8851,9781,442,381
Dr. Subodh KulkarniChief Executive Officer, President2023578,90600307,400130,3842,066,690
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Employee Count
Fiscal YearEmployee Count
2024140
2023134
2022144
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Income Statements
Fiscal Year202420232022
Revenue10,790,00012,008,00013,102,000
Cost Of Revenue5,093,0002,800,0002,873,000
Gross Profit5,697,0009,208,00010,229,000
Research And Development Expenses49,750,00052,768,00059,952,000
General And Administrative Expenses24,457,00027,744,00047,632,000
Operating Expenses74,207,00081,503,000119,309,000
Operating Income-68,510,000-72,295,000-109,080,000
Net Income-200,988,000-75,107,000-71,521,000
Earnings Per Share Basic-1.09-0.57-0.7
Earnings Per Share Diluted-1.09-0.57-0.7
Weighted Average Shares Outstanding Basic184,666,000131,977,000102,300,852
Weighted Average Shares Outstanding Diluted184,666,000131,977,000102,300,852
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents67,674,00021,392,00057,888,000
Marketable Securities Current124,420,00078,537,00084,923,000
Accounts Receivable2,427,0005,029,0006,235,000
Inventories
Non Trade Receivables
Other Assets Current9,081,000
Total Assets Current206,758,000107,667,000154,467,000
Marketable Securities Non Current25,068,000
Property Plant And Equipment44,643,00044,483,00039,530,000
Other Assets Non Current
Total Assets Non Current78,029,00052,246,00048,975,000
Total Assets284,787,000159,913,000203,442,000
Accounts Payable1,590,0005,772,0001,938,000
Deferred Revenue113,000343,000961,000
Short Term Debt012,164,0008,303,000
Other Liabilities Current626,000
Total Liabilities Current11,867,00029,052,00021,752,000
Long Term Debt09,894,00030,709,000
Other Liabilities Non Current
Total Liabilities Non Current146,331,00021,273,00031,466,000
Total Liabilities158,198,00050,325,00053,218,000
Common Stock29,00014,00012,000
Retained Earnings-554,747,000-353,759,000-278,652,000
Accumulated Other Comprehensive Income105,000244,000-161,000
Total Shareholders Equity126,589,000109,588,000150,224,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization6,900,0007,400,0007,000,000
Share Based Compensation Expense13,069,00012,409,00044,812,000
Other Non Cash Income Expense
Change In Accounts Receivable-2,602,000-1,206,0004,692,000
Change In Inventories
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable-1,036,000895,000-707,000
Change In Other Liabilities
Cash From Operating Activities-50,627,000-50,579,000-62,689,000
Purchases Of Marketable Securities224,764,000109,252,00084,287,000
Sales Of Marketable Securities157,500,000119,084,000
Acquisition Of Property Plant And Equipment11,098,0009,059,00022,737,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-78,362,000773,000-107,024,000
Tax Withholding For Share Based Compensation6,272,000
Payments Of Dividends
Issuance Of Common Stock12,838,00020,544,000
Repurchase Of Common Stock
Issuance Of Long Term Debt
Repayment Of Long Term Debt
Other Financing Activities
Cash From Financing Activities175,459,00013,230,000215,454,000
Change In Cash46,282,000-36,496,00045,842,000
Cash At End Of Period67,674,00021,392,00057,888,000
Income Taxes Paid
Interest Paid2,350,0004,340,0003,819,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share-1.09-0.57-0.7
Price To Earnings Ratio-14-1.7279-1.0417
Earnings Growth Rate91.2281-18.571412.9032
Price Earnings To Growth Ratio-0.15350.093-0.0807
Book Value Per Share0.68550.83041.4685
Price To Book Ratio22.2611.18610.4966
Ebitda-190,833,000-61,928,000-59,235,000
Enterprise Value2,750,329,160130,650,147.355,721,781.2784
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio00.20130.2597
Capital Expenditures7,060,00012,353,000
Free Cash Flow-57,687,000-62,932,000
Return On Equity-1.5877-0.6854-0.4761
One Year Beta3.36583.13851.3684
Three Year Beta2.08921.62391.2323
Five Year Beta1.911.62391.2323
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Sandford Helene GailDirector2025-09-191D200,005
Sandford Helene GailDirector2025-09-1917,634D182,371
Clifton Michael S.Director2025-09-17100,000D356,250
Johnson Ray ODirector2025-09-12126,295D293,461
Sandford Helene GailDirector2025-09-127,773D217,233
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Signature Resources Capital Management, LLC2025-09-3029,7901,00029.79
Tower View Wealth Management LLC2025-09-302,97910029.79
City State Bank2025-09-3011,91640029.79
TRUST CO OF TOLEDO NA /OH/2025-09-30630,89321,17829.79
Blue Trust, Inc.2025-09-30202,6026,80129.79
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Tidal Trust II2025-07-31YieldMax Ultra Option Income Strategy ETFULTY6,774,10098,224,4503.7933
Tidal Trust II2025-07-31Defiance Daily Target 2X Long RGTI ETFRGTX67,790982,9552.6013
INVESCO EXCHANGE-TRADED FUND TRUST2025-07-31Invesco RAFI US 1500 Small-Mid ETFPRFZ18,246264,5670.0112
Northern Lights Fund Trust IV2025-07-31Main Thematic Innovation ETFTMAT61,008884,6160.4821
Global X Funds2025-07-31Global X Russell 2000 ETFRSSL144,8722,100,6440.1597
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