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Side-by-side financial comparison of Beeline Holdings, Inc. (BLNE) and Rigetti Computing, Inc. (RGTI). Click either name above to swap in a different company.
Beeline Holdings, Inc. is the larger business by last-quarter revenue ($1.9M vs $1.9M, roughly 1.0× Rigetti Computing, Inc.). Beeline Holdings, Inc. runs the higher net margin — -445.0% vs -974.7%, a 529.7% gap on every dollar of revenue. Rigetti Computing, Inc. produced more free cash flow last quarter ($-19.5M vs $-21.5M). Over the past eight quarters, Rigetti Computing, Inc.'s revenue compounded faster (-21.8% CAGR vs -33.0%).
Beeline or билайн is a mobile network operator brand operating in Russia under PJSC VimpelCom, and in Kazakhstan, Kyrgyzstan and Uzbekistan under VEON Ltd. Beeline is Russia's fourth-largest mobile network operator, and main competitors being MTS, MegaFon and T2.
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.
BLNE vs RGTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.9M | $1.9M |
| Net Profit | $-8.4M | $-18.2M |
| Gross Margin | — | 34.9% |
| Operating Margin | -418.4% | -1209.7% |
| Net Margin | -445.0% | -974.7% |
| Revenue YoY | — | -17.9% |
| Net Profit YoY | -16.1% | 88.1% |
| EPS (diluted) | — | $-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 | $1.9M | $1.9M | ||
| Q3 25 | $2.3M | $1.9M | ||
| Q2 25 | $1.7M | $1.8M | ||
| Q1 25 | $1.8M | $1.5M | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | $783.0K | $2.4M | ||
| Q2 24 | $3.1M | $3.1M | ||
| Q1 24 | $2.5M | $3.1M |
| Q4 25 | $-8.4M | $-18.2M | ||
| Q3 25 | $-3.9M | $-201.0M | ||
| Q2 25 | $-4.1M | $-39.7M | ||
| Q1 25 | $-6.8M | $42.6M | ||
| Q4 24 | — | $-153.0M | ||
| Q3 24 | $-1.4M | $-14.8M | ||
| Q2 24 | $-1.5M | $-12.4M | ||
| Q1 24 | $-1.3M | $-20.8M |
| Q4 25 | — | 34.9% | ||
| Q3 25 | — | 20.7% | ||
| Q2 25 | — | 31.4% | ||
| Q1 25 | — | 30.0% | ||
| Q4 24 | — | 44.1% | ||
| Q3 24 | 25.5% | 50.6% | ||
| Q2 24 | 5.0% | 64.5% | ||
| Q1 24 | 7.5% | 49.1% |
| Q4 25 | -418.4% | -1209.7% | ||
| Q3 25 | -120.9% | -1055.4% | ||
| Q2 25 | -229.0% | -1103.9% | ||
| Q1 25 | -268.7% | -1469.6% | ||
| Q4 24 | — | -813.3% | ||
| Q3 24 | -55.6% | -729.4% | ||
| Q2 24 | -11.4% | -521.2% | ||
| Q1 24 | -18.5% | -543.4% |
| Q4 25 | -445.0% | -974.7% | ||
| Q3 25 | -167.2% | -10321.9% | ||
| Q2 25 | -237.3% | -2201.8% | ||
| Q1 25 | -372.4% | 2895.3% | ||
| Q4 24 | — | -6726.5% | ||
| Q3 24 | -173.6% | -623.8% | ||
| Q2 24 | -48.6% | -402.5% | ||
| Q1 24 | -52.0% | -680.6% |
| Q4 25 | — | $-0.08 | ||
| Q3 25 | $-0.20 | $-0.62 | ||
| Q2 25 | $-0.64 | $-0.13 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | — | $-0.80 | ||
| Q3 24 | $-6.60 | $-0.08 | ||
| Q2 24 | $-8.74 | $-0.07 | ||
| Q1 24 | $-0.78 | $-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 | $3.1M | $44.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $53.6M | $546.2M |
| Total Assets | $70.2M | $666.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.1M | $44.9M | ||
| Q3 25 | $1.3M | $26.1M | ||
| Q2 25 | $6.3M | $57.2M | ||
| Q1 25 | $1.5M | $37.2M | ||
| Q4 24 | — | $67.7M | ||
| Q3 24 | $310.0K | $20.3M | ||
| Q2 24 | $420.0K | $20.7M | ||
| Q1 24 | $147.0K | $35.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $8.2M | — | ||
| Q2 24 | $8.1M | — | ||
| Q1 24 | $8.1M | — |
| Q4 25 | $53.6M | $546.2M | ||
| Q3 25 | $51.7M | $371.8M | ||
| Q2 25 | $54.6M | $553.3M | ||
| Q1 25 | $47.1M | $207.1M | ||
| Q4 24 | — | $126.6M | ||
| Q3 24 | $-2.5M | $122.8M | ||
| Q2 24 | $-1.9M | $122.2M | ||
| Q1 24 | $-476.0K | $115.6M |
| Q4 25 | $70.2M | $666.6M | ||
| Q3 25 | $63.2M | $630.3M | ||
| Q2 25 | $68.6M | $636.7M | ||
| Q1 25 | $63.8M | $269.1M | ||
| Q4 24 | — | $284.8M | ||
| Q3 24 | $16.2M | $157.3M | ||
| Q2 24 | $16.6M | $162.4M | ||
| Q1 24 | $17.0M | $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 | $-21.4M | $-14.9M |
| Free Cash FlowOCF − Capex | $-21.5M | $-19.5M |
| FCF MarginFCF / Revenue | -1143.3% | -1042.5% |
| Capex IntensityCapex / Revenue | 0.8% | 244.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-77.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-21.4M | $-14.9M | ||
| Q3 25 | $-5.8M | $-13.8M | ||
| Q2 25 | $-4.1M | $-16.2M | ||
| Q1 25 | $-1.5M | $-13.7M | ||
| Q4 24 | — | $-8.5M | ||
| Q3 24 | $-652.0K | $-15.4M | ||
| Q2 24 | $-872.0K | $-13.5M | ||
| Q1 24 | $-82.0K | $-13.1M |
| Q4 25 | $-21.5M | $-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 | -1143.3% | -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 | 0.8% | 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
BLNE
| Beeline Title Holdings | $1.4M | 73% |
| Other | $498.0K | 27% |
RGTI
| Collaborative Research And Other Professional Services | $1.7M | 93% |
| Other | $131.0K | 7% |
