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Side-by-side financial comparison of AVAX ONE TECHNOLOGY LTD. (AVX) and Rigetti Computing, Inc. (RGTI). Click either name above to swap in a different company.
Rigetti Computing, Inc. is the larger business by last-quarter revenue ($1.9M vs $1.0M, roughly 1.8× AVAX ONE TECHNOLOGY LTD.). Rigetti Computing, Inc. runs the higher net margin — -974.7% vs -1633.6%, a 658.9% gap on every dollar of revenue.
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.
AVX vs RGTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0M | $1.9M |
| Net Profit | $-16.6M | $-18.2M |
| Gross Margin | — | 34.9% |
| Operating Margin | -1522.1% | -1209.7% |
| Net Margin | -1633.6% | -974.7% |
| Revenue YoY | — | -17.9% |
| Net Profit YoY | -480.2% | 88.1% |
| EPS (diluted) | $32.17 | $-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 | $1.0M | $1.9M | ||
| Q3 25 | $525.9K | $1.9M | ||
| Q2 25 | $452.0K | $1.8M | ||
| Q1 25 | $344.4K | $1.5M | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | $0 | $2.4M | ||
| Q2 24 | $41.3K | $3.1M | ||
| Q1 24 | — | $3.1M |
| Q4 25 | $-16.6M | $-18.2M | ||
| Q3 25 | $-8.4M | $-201.0M | ||
| Q2 25 | $-8.1M | $-39.7M | ||
| Q1 25 | $-145.5K | $42.6M | ||
| Q4 24 | — | $-153.0M | ||
| Q3 24 | $-5.8M | $-14.8M | ||
| Q2 24 | $-4.2M | $-12.4M | ||
| Q1 24 | — | $-20.8M |
| Q4 25 | — | 34.9% | ||
| Q3 25 | — | 20.7% | ||
| Q2 25 | — | 31.4% | ||
| Q1 25 | 22.9% | 30.0% | ||
| Q4 24 | — | 44.1% | ||
| Q3 24 | — | 50.6% | ||
| Q2 24 | 18.4% | 64.5% | ||
| Q1 24 | — | 49.1% |
| Q4 25 | -1522.1% | -1209.7% | ||
| Q3 25 | -496.6% | -1055.4% | ||
| Q2 25 | -328.4% | -1103.9% | ||
| Q1 25 | -600.0% | -1469.6% | ||
| Q4 24 | — | -813.3% | ||
| Q3 24 | — | -729.4% | ||
| Q2 24 | -2827.7% | -521.2% | ||
| Q1 24 | — | -543.4% |
| Q4 25 | -1633.6% | -974.7% | ||
| Q3 25 | -1588.0% | -10321.9% | ||
| Q2 25 | -1783.4% | -2201.8% | ||
| Q1 25 | -42.2% | 2895.3% | ||
| Q4 24 | — | -6726.5% | ||
| Q3 24 | — | -623.8% | ||
| Q2 24 | -10243.5% | -402.5% | ||
| Q1 24 | — | -680.6% |
| Q4 25 | $32.17 | $-0.08 | ||
| Q3 25 | $-5.55 | $-0.62 | ||
| Q2 25 | $-27.60 | $-0.13 | ||
| Q1 25 | $-1.17 | $0.13 | ||
| Q4 24 | — | $-0.80 | ||
| Q3 24 | $-57.19 | $-0.08 | ||
| Q2 24 | $-83.03 | $-0.07 | ||
| Q1 24 | — | $-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 | $22.1M | $44.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $187.0M | $546.2M |
| Total Assets | $195.0M | $666.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.1M | $44.9M | ||
| Q3 25 | $894.7K | $26.1M | ||
| Q2 25 | $185.3K | $57.2M | ||
| Q1 25 | $1.4M | $37.2M | ||
| Q4 24 | — | $67.7M | ||
| Q3 24 | — | $20.3M | ||
| Q2 24 | — | $20.7M | ||
| Q1 24 | — | $35.1M |
| Q4 25 | — | — | ||
| Q3 25 | $1.8M | — | ||
| Q2 25 | $8.6M | — | ||
| Q1 25 | $10.2M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $3.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $187.0M | $546.2M | ||
| Q3 25 | $12.2M | $371.8M | ||
| Q2 25 | $4.1M | $553.3M | ||
| Q1 25 | $6.4M | $207.1M | ||
| Q4 24 | — | $126.6M | ||
| Q3 24 | $6.7M | $122.8M | ||
| Q2 24 | $11.3M | $122.2M | ||
| Q1 24 | — | $115.6M |
| Q4 25 | $195.0M | $666.6M | ||
| Q3 25 | $16.5M | $630.3M | ||
| Q2 25 | $15.2M | $636.7M | ||
| Q1 25 | $16.8M | $269.1M | ||
| Q4 24 | — | $284.8M | ||
| Q3 24 | $10.8M | $157.3M | ||
| Q2 24 | $15.7M | $162.4M | ||
| Q1 24 | — | $162.1M |
| Q4 25 | — | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 2.11× | — | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 0.28× | — | ||
| Q1 24 | — | — |
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 | $-14.4M | $-14.9M |
| Free Cash FlowOCF − Capex | — | $-19.5M |
| FCF MarginFCF / Revenue | — | -1042.5% |
| Capex IntensityCapex / Revenue | — | 244.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-77.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.4M | $-14.9M | ||
| Q3 25 | $-2.4M | $-13.8M | ||
| Q2 25 | $-884.1K | $-16.2M | ||
| Q1 25 | $-2.2M | $-13.7M | ||
| Q4 24 | — | $-8.5M | ||
| Q3 24 | $-1.2M | $-15.4M | ||
| Q2 24 | $-919.2K | $-13.5M | ||
| Q1 24 | — | $-13.1M |
| Q4 25 | — | $-19.5M | ||
| Q3 25 | — | $-19.7M | ||
| Q2 25 | — | $-21.8M | ||
| Q1 25 | — | $-16.2M | ||
| Q4 24 | — | $-9.8M | ||
| Q3 24 | — | $-17.7M | ||
| Q2 24 | — | $-15.6M | ||
| Q1 24 | — | $-18.6M |
| Q4 25 | — | -1042.5% | ||
| Q3 25 | — | -1012.4% | ||
| Q2 25 | — | -1212.4% | ||
| Q1 25 | — | -1100.4% | ||
| Q4 24 | — | -432.1% | ||
| Q3 24 | — | -744.5% | ||
| Q2 24 | — | -504.3% | ||
| Q1 24 | — | -610.5% |
| Q4 25 | — | 244.8% | ||
| Q3 25 | — | 302.5% | ||
| Q2 25 | — | 314.7% | ||
| Q1 25 | — | 173.0% | ||
| Q4 24 | — | 56.4% | ||
| Q3 24 | — | 95.8% | ||
| Q2 24 | — | 66.3% | ||
| Q1 24 | — | 180.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.32× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVX
Segment breakdown not available.
RGTI
| Collaborative Research And Other Professional Services | $1.7M | 93% |
| Other | $131.0K | 7% |
