Rigetti Computing, Inc.RGTIEarnings & Financial Report
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.
RGTI Q4 FY2025 Key Financial Metrics
Revenue
$1.9M
Gross Profit
$652.0K
Operating Profit
$-22.6M
Net Profit
$-18.2M
Gross Margin
34.9%
Operating Margin
-1209.7%
Net Margin
-974.7%
YoY Growth
-17.9%
EPS
$-0.08
Rigetti Computing, Inc. Q4 FY2025 Financial Summary
Rigetti Computing, Inc. reported revenue of $1.9M (down 17.9% YoY) for Q4 FY2025, with a net profit of $-18.2M (up 88.1% YoY) (-974.7% margin). Cost of goods sold was $1.2M, operating expenses totaled $23.2M.
Key Financial Metrics
| Total Revenue | $1.9M |
|---|---|
| Net Profit | $-18.2M |
| Gross Margin | 34.9% |
| Operating Margin | -1209.7% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Rigetti Computing, Inc. Q4 FY2025 revenue of $1.9M breaks down across 2 segments, led by Collaborative Research And Other Professional Services at $1.7M (93.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Collaborative Research And Other Professional Services | $1.7M | 93.0% |
| Other | $131.0K | 7.0% |
Rigetti Computing, Inc. Revenue by Segment — Quarterly Trend
Rigetti Computing, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Collaborative Research And Other Professional Services and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Collaborative Research And Other Professional Services | $1.7M | $1.9M | $1.7M | $1.3M |
| Other | $131.0K | $51.0K | $90.0K | $140.0K |
Rigetti Computing, Inc. Annual Revenue by Year
Rigetti Computing, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.1M).
Rigetti Computing, Inc. Quarterly Revenue & Net Profit History
Rigetti Computing, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.9M | -17.9% | $-18.2M | -974.7% |
| Q3 FY2025 | $1.9M | -18.1% | $-201.0M | -10321.9% |
| Q2 FY2025 | $1.8M | -41.6% | $-39.7M | -2201.8% |
| Q1 FY2025 | $1.5M | -51.8% | $42.6M | 2895.3% |
| Q4 FY2024 | $2.3M | -32.6% | $-153.0M | -6726.5% |
| Q3 FY2024 | $2.4M | -23.4% | $-14.8M | -623.8% |
| Q2 FY2024 | $3.1M | -7.2% | $-12.4M | -402.5% |
| Q1 FY2024 | $3.1M | +38.7% | $-20.8M | -680.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1M | $3.1M | $2.4M | $2.3M | $1.5M | $1.8M | $1.9M | $1.9M |
| YoY Growth | 38.7% | -7.2% | -23.4% | -32.6% | -51.8% | -41.6% | -18.1% | -17.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $162.1M | $162.4M | $157.3M | $284.8M | $269.1M | $636.7M | $630.3M | $666.6M |
| Liabilities | $46.5M | $40.3M | $34.4M | $158.2M | $62.0M | $83.4M | $258.4M | $120.4M |
| Equity | $115.6M | $122.2M | $122.8M | $126.6M | $207.1M | $553.3M | $371.8M | $546.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-13.1M | $-13.5M | $-15.4M | $-8.5M | $-13.7M | $-16.2M | $-13.8M | $-14.9M |