vs

Side-by-side financial comparison of bioAffinity Technologies, Inc. (BIAF) 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 $1.6M, roughly 1.2× bioAffinity Technologies, Inc.). bioAffinity Technologies, Inc. runs the higher net margin — -197.0% vs -974.7%, a 777.7% gap on every dollar of revenue. On growth, Rigetti Computing, Inc. posted the faster year-over-year revenue change (-17.9% vs -27.8%). bioAffinity Technologies, Inc. produced more free cash flow last quarter ($-2.6M vs $-19.5M). Over the past eight quarters, bioAffinity Technologies, Inc.'s revenue compounded faster (-18.6% CAGR vs -21.8%).

bioAffinity Technologies, Inc. is a clinical-stage biotechnology firm focused on developing non-invasive in vitro diagnostic tests for early detection of cancer and respiratory diseases. It serves global healthcare markets, with a core mission to deliver accessible, high-accuracy diagnostic solutions that improve patient outcomes and reduce overall healthcare system costs.

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.

BIAF vs RGTI — Head-to-Head

Bigger by revenue
RGTI
RGTI
1.2× larger
RGTI
$1.9M
$1.6M
BIAF
Growing faster (revenue YoY)
RGTI
RGTI
+10.0% gap
RGTI
-17.9%
-27.8%
BIAF
Higher net margin
BIAF
BIAF
777.7% more per $
BIAF
-197.0%
-974.7%
RGTI
More free cash flow
BIAF
BIAF
$16.9M more FCF
BIAF
$-2.6M
$-19.5M
RGTI
Faster 2-yr revenue CAGR
BIAF
BIAF
Annualised
BIAF
-18.6%
-21.8%
RGTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BIAF
BIAF
RGTI
RGTI
Revenue
$1.6M
$1.9M
Net Profit
$-3.1M
$-18.2M
Gross Margin
34.9%
Operating Margin
-196.9%
-1209.7%
Net Margin
-197.0%
-974.7%
Revenue YoY
-27.8%
-17.9%
Net Profit YoY
-5.7%
88.1%
EPS (diluted)
$-3.59
$-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.

Revenue
BIAF
BIAF
RGTI
RGTI
Q4 25
$1.6M
$1.9M
Q3 25
$1.4M
$1.9M
Q2 25
$1.3M
$1.8M
Q1 25
$1.9M
$1.5M
Q4 24
$2.2M
$2.3M
Q3 24
$2.4M
$2.4M
Q2 24
$2.4M
$3.1M
Q1 24
$2.4M
$3.1M
Net Profit
BIAF
BIAF
RGTI
RGTI
Q4 25
$-3.1M
$-18.2M
Q3 25
$-5.1M
$-201.0M
Q2 25
$-4.1M
$-39.7M
Q1 25
$-2.7M
$42.6M
Q4 24
$-3.0M
$-153.0M
Q3 24
$-2.0M
$-14.8M
Q2 24
$-2.1M
$-12.4M
Q1 24
$-2.0M
$-20.8M
Gross Margin
BIAF
BIAF
RGTI
RGTI
Q4 25
34.9%
Q3 25
20.7%
Q2 25
31.4%
Q1 25
30.0%
Q4 24
44.1%
Q3 24
50.6%
Q2 24
64.5%
Q1 24
49.1%
Operating Margin
BIAF
BIAF
RGTI
RGTI
Q4 25
-196.9%
-1209.7%
Q3 25
-158.6%
-1055.4%
Q2 25
-198.2%
-1103.9%
Q1 25
-141.7%
-1469.6%
Q4 24
-133.5%
-813.3%
Q3 24
-84.0%
-729.4%
Q2 24
-87.1%
-521.2%
Q1 24
-80.8%
-543.4%
Net Margin
BIAF
BIAF
RGTI
RGTI
Q4 25
-197.0%
-974.7%
Q3 25
-349.3%
-10321.9%
Q2 25
-319.9%
-2201.8%
Q1 25
-143.5%
2895.3%
Q4 24
-134.4%
-6726.5%
Q3 24
-85.1%
-623.8%
Q2 24
-88.0%
-402.5%
Q1 24
-81.5%
-680.6%
EPS (diluted)
BIAF
BIAF
RGTI
RGTI
Q4 25
$-3.59
$-0.08
Q3 25
$-4.74
$-0.62
Q2 25
$-0.17
$-0.13
Q1 25
$-0.16
$0.13
Q4 24
$-17.27
$-0.80
Q3 24
$-4.84
$-0.08
Q2 24
$-0.19
$-0.07
Q1 24
$-0.20
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BIAF
BIAF
RGTI
RGTI
Cash + ST InvestmentsLiquidity on hand
$6.4M
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.3M
$546.2M
Total Assets
$11.0M
$666.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIAF
BIAF
RGTI
RGTI
Q4 25
$6.4M
$44.9M
Q3 25
$7.7M
$26.1M
Q2 25
$802.8K
$57.2M
Q1 25
$444.7K
$37.2M
Q4 24
$1.1M
$67.7M
Q3 24
$756.6K
$20.3M
Q2 24
$801.3K
$20.7M
Q1 24
$2.5M
$35.1M
Stockholders' Equity
BIAF
BIAF
RGTI
RGTI
Q4 25
$7.3M
$546.2M
Q3 25
$8.9M
$371.8M
Q2 25
$-2.1M
$553.3M
Q1 25
$1.4M
$207.1M
Q4 24
$2.6M
$126.6M
Q3 24
$3.1M
$122.8M
Q2 24
$3.4M
$122.2M
Q1 24
$5.3M
$115.6M
Total Assets
BIAF
BIAF
RGTI
RGTI
Q4 25
$11.0M
$666.6M
Q3 25
$11.5M
$630.3M
Q2 25
$4.8M
$636.7M
Q1 25
$5.5M
$269.1M
Q4 24
$6.5M
$284.8M
Q3 24
$6.6M
$157.3M
Q2 24
$6.7M
$162.4M
Q1 24
$8.0M
$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
BIAF
BIAF
RGTI
RGTI
Operating Cash FlowLast quarter
$-2.6M
$-14.9M
Free Cash FlowOCF − Capex
$-2.6M
$-19.5M
FCF MarginFCF / Revenue
-160.7%
-1042.5%
Capex IntensityCapex / Revenue
0.0%
244.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.4M
$-77.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIAF
BIAF
RGTI
RGTI
Q4 25
$-2.6M
$-14.9M
Q3 25
$-2.5M
$-13.8M
Q2 25
$-2.6M
$-16.2M
Q1 25
$-1.6M
$-13.7M
Q4 24
$-1.7M
$-8.5M
Q3 24
$-1.7M
$-15.4M
Q2 24
$-1.5M
$-13.5M
Q1 24
$-2.3M
$-13.1M
Free Cash Flow
BIAF
BIAF
RGTI
RGTI
Q4 25
$-2.6M
$-19.5M
Q3 25
$-2.5M
$-19.7M
Q2 25
$-2.7M
$-21.8M
Q1 25
$-1.7M
$-16.2M
Q4 24
$-1.7M
$-9.8M
Q3 24
$-1.7M
$-17.7M
Q2 24
$-1.6M
$-15.6M
Q1 24
$-2.4M
$-18.6M
FCF Margin
BIAF
BIAF
RGTI
RGTI
Q4 25
-160.7%
-1042.5%
Q3 25
-171.8%
-1012.4%
Q2 25
-209.6%
-1212.4%
Q1 25
-91.3%
-1100.4%
Q4 24
-76.0%
-432.1%
Q3 24
-73.1%
-744.5%
Q2 24
-65.1%
-504.3%
Q1 24
-99.2%
-610.5%
Capex Intensity
BIAF
BIAF
RGTI
RGTI
Q4 25
0.0%
244.8%
Q3 25
0.3%
302.5%
Q2 25
1.1%
314.7%
Q1 25
2.7%
173.0%
Q4 24
0.0%
56.4%
Q3 24
0.4%
95.8%
Q2 24
1.2%
66.3%
Q1 24
1.7%
180.0%
Cash Conversion
BIAF
BIAF
RGTI
RGTI
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

BIAF
BIAF

Segment breakdown not available.

RGTI
RGTI

Collaborative Research And Other Professional Services$1.7M93%
Other$131.0K7%

Related Comparisons