vs
Side-by-side financial comparison of Sphere 3D Corp. (ANY) and Rigetti Computing, Inc. (RGTI). Click either name above to swap in a different company.
Sphere 3D Corp. is the larger business by last-quarter revenue ($2.7M vs $1.9M, roughly 1.5× Rigetti Computing, Inc.). On growth, Sphere 3D Corp. posted the faster year-over-year revenue change (3.1% vs -17.9%). Rigetti Computing, Inc. produced more free cash flow last quarter ($-19.5M vs $-23.6M). Over the past eight quarters, Rigetti Computing, Inc.'s revenue compounded faster (-21.8% CAGR vs -37.4%).
Sphere 3D Corp is a global technology company specializing in cloud computing, data management, and virtualization solutions. It delivers enterprise-grade products and services tailored for small to medium-sized businesses, large enterprise clients, and public sector entities, focusing on optimizing IT infrastructure efficiency and cutting operational costs for end users.
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.
ANY vs RGTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.7M | $1.9M |
| Net Profit | — | $-18.2M |
| Gross Margin | — | 34.9% |
| Operating Margin | -372.7% | -1209.7% |
| Net Margin | — | -974.7% |
| Revenue YoY | 3.1% | -17.9% |
| Net Profit YoY | — | 88.1% |
| EPS (diluted) | $-6.96 | $-0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.7M | $1.9M | ||
| Q3 25 | $2.6M | $1.9M | ||
| Q2 25 | $3.0M | $1.8M | ||
| Q1 25 | $2.8M | $1.5M | ||
| Q4 24 | $2.6M | $2.3M | ||
| Q3 24 | $2.4M | $2.4M | ||
| Q2 24 | $4.7M | $3.1M | ||
| Q1 24 | $6.9M | $3.1M |
| Q4 25 | — | $-18.2M | ||
| Q3 25 | $-4.2M | $-201.0M | ||
| Q2 25 | $1.7M | $-39.7M | ||
| Q1 25 | $-8.8M | $42.6M | ||
| Q4 24 | — | $-153.0M | ||
| Q3 24 | $104.0K | $-14.8M | ||
| Q2 24 | $2.1M | $-12.4M | ||
| Q1 24 | $-4.5M | $-20.8M |
| Q4 25 | — | 34.9% | ||
| Q3 25 | 25.4% | 20.7% | ||
| Q2 25 | 23.8% | 31.4% | ||
| Q1 25 | 22.1% | 30.0% | ||
| Q4 24 | — | 44.1% | ||
| Q3 24 | -16.0% | 50.6% | ||
| Q2 24 | 15.2% | 64.5% | ||
| Q1 24 | 38.0% | 49.1% |
| Q4 25 | -372.7% | -1209.7% | ||
| Q3 25 | -153.8% | -1055.4% | ||
| Q2 25 | -87.0% | -1103.9% | ||
| Q1 25 | -184.2% | -1469.6% | ||
| Q4 24 | -328.7% | -813.3% | ||
| Q3 24 | -218.8% | -729.4% | ||
| Q2 24 | -122.4% | -521.2% | ||
| Q1 24 | -26.9% | -543.4% |
| Q4 25 | — | -974.7% | ||
| Q3 25 | -162.0% | -10321.9% | ||
| Q2 25 | 55.2% | -2201.8% | ||
| Q1 25 | -311.9% | 2895.3% | ||
| Q4 24 | — | -6726.5% | ||
| Q3 24 | 4.4% | -623.8% | ||
| Q2 24 | 45.5% | -402.5% | ||
| Q1 24 | -64.5% | -680.6% |
| Q4 25 | $-6.96 | $-0.08 | ||
| Q3 25 | $-0.15 | $-0.62 | ||
| Q2 25 | $0.06 | $-0.13 | ||
| Q1 25 | $-0.32 | $0.13 | ||
| Q4 24 | $-4.62 | $-0.80 | ||
| Q3 24 | $0.01 | $-0.08 | ||
| Q2 24 | $0.10 | $-0.07 | ||
| Q1 24 | $-0.27 | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.7M | $44.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $23.3M | $546.2M |
| Total Assets | $25.1M | $666.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.7M | $44.9M | ||
| Q3 25 | $5.3M | $26.1M | ||
| Q2 25 | $4.7M | $57.2M | ||
| Q1 25 | $2.8M | $37.2M | ||
| Q4 24 | $5.4M | $67.7M | ||
| Q3 24 | $5.0M | $20.3M | ||
| Q2 24 | $4.3M | $20.7M | ||
| Q1 24 | $9.3M | $35.1M |
| Q4 25 | $23.3M | $546.2M | ||
| Q3 25 | $29.5M | $371.8M | ||
| Q2 25 | $32.7M | $553.3M | ||
| Q1 25 | $30.7M | $207.1M | ||
| Q4 24 | $39.3M | $126.6M | ||
| Q3 24 | $35.8M | $122.8M | ||
| Q2 24 | $33.4M | $122.2M | ||
| Q1 24 | $27.5M | $115.6M |
| Q4 25 | $25.1M | $666.6M | ||
| Q3 25 | $31.1M | $630.3M | ||
| Q2 25 | $34.4M | $636.7M | ||
| Q1 25 | $34.3M | $269.1M | ||
| Q4 24 | $43.2M | $284.8M | ||
| Q3 24 | $44.3M | $157.3M | ||
| Q2 24 | $44.0M | $162.4M | ||
| Q1 24 | $42.0M | $162.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-16.1M | $-14.9M |
| Free Cash FlowOCF − Capex | $-23.6M | $-19.5M |
| FCF MarginFCF / Revenue | -867.3% | -1042.5% |
| Capex IntensityCapex / Revenue | 275.4% | 244.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-40.5M | $-77.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.1M | $-14.9M | ||
| Q3 25 | $-3.5M | $-13.8M | ||
| Q2 25 | $-5.8M | $-16.2M | ||
| Q1 25 | $-4.1M | $-13.7M | ||
| Q4 24 | $-4.6M | $-8.5M | ||
| Q3 24 | $290.0K | $-15.4M | ||
| Q2 24 | $-3.3M | $-13.5M | ||
| Q1 24 | $-58.0K | $-13.1M |
| Q4 25 | $-23.6M | $-19.5M | ||
| Q3 25 | $-5.7M | $-19.7M | ||
| Q2 25 | $-6.0M | $-21.8M | ||
| Q1 25 | $-5.1M | $-16.2M | ||
| Q4 24 | $-13.5M | $-9.8M | ||
| Q3 24 | $-4.3M | $-17.7M | ||
| Q2 24 | — | $-15.6M | ||
| Q1 24 | — | $-18.6M |
| Q4 25 | -867.3% | -1042.5% | ||
| Q3 25 | -218.7% | -1012.4% | ||
| Q2 25 | -200.5% | -1212.4% | ||
| Q1 25 | -181.2% | -1100.4% | ||
| Q4 24 | -511.9% | -432.1% | ||
| Q3 24 | -184.4% | -744.5% | ||
| Q2 24 | — | -504.3% | ||
| Q1 24 | — | -610.5% |
| Q4 25 | 275.4% | 244.8% | ||
| Q3 25 | 86.5% | 302.5% | ||
| Q2 25 | 6.6% | 314.7% | ||
| Q1 25 | 36.4% | 173.0% | ||
| Q4 24 | 338.7% | 56.4% | ||
| Q3 24 | 196.7% | 95.8% | ||
| Q2 24 | 0.0% | 66.3% | ||
| Q1 24 | 0.0% | 180.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -3.51× | — | ||
| Q1 25 | — | -0.32× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.79× | — | ||
| Q2 24 | -1.55× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANY
Segment breakdown not available.
RGTI
| Collaborative Research And Other Professional Services | $1.7M | 93% |
| Other | $131.0K | 7% |
