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Side-by-side financial comparison of Cibus, Inc. (CBUS) 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 $1.1M, roughly 1.8× Cibus, Inc.). Rigetti Computing, Inc. runs the higher net margin — -974.7% vs -2959.9%, a 1985.2% gap on every dollar of revenue. On growth, Cibus, Inc. posted the faster year-over-year revenue change (-12.8% vs -17.9%). Cibus, Inc. produced more free cash flow last quarter ($-13.5M vs $-19.5M). Over the past eight quarters, Cibus, Inc.'s revenue compounded faster (39.3% CAGR vs -21.8%).

Cibus, Inc. is a leading agricultural biotechnology firm specializing in precision gene editing technologies to develop improved, sustainable crop traits. Its solutions include herbicide tolerance, disease and pest resistance, and enhanced yield characteristics for major row crops, serving global agricultural markets, seed producers, and farming communities to reduce environmental impact and boost operational efficiency.

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.

CBUS vs RGTI — Head-to-Head

Bigger by revenue
RGTI
RGTI
1.8× larger
RGTI
$1.9M
$1.1M
CBUS
Growing faster (revenue YoY)
CBUS
CBUS
+5.1% gap
CBUS
-12.8%
-17.9%
RGTI
Higher net margin
RGTI
RGTI
1985.2% more per $
RGTI
-974.7%
-2959.9%
CBUS
More free cash flow
CBUS
CBUS
$6.0M more FCF
CBUS
$-13.5M
$-19.5M
RGTI
Faster 2-yr revenue CAGR
CBUS
CBUS
Annualised
CBUS
39.3%
-21.8%
RGTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CBUS
CBUS
RGTI
RGTI
Revenue
$1.1M
$1.9M
Net Profit
$-31.3M
$-18.2M
Gross Margin
34.9%
Operating Margin
-2135.7%
-1209.7%
Net Margin
-2959.9%
-974.7%
Revenue YoY
-12.8%
-17.9%
Net Profit YoY
-35.4%
88.1%
EPS (diluted)
$-0.39
$-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
CBUS
CBUS
RGTI
RGTI
Q4 25
$1.1M
$1.9M
Q3 25
$615.0K
$1.9M
Q2 25
$933.0K
$1.8M
Q1 25
$1.0M
$1.5M
Q4 24
$1.2M
$2.3M
Q3 24
$1.7M
$2.4M
Q2 24
$838.0K
$3.1M
Q1 24
$545.0K
$3.1M
Net Profit
CBUS
CBUS
RGTI
RGTI
Q4 25
$-31.3M
$-18.2M
Q3 25
$-23.5M
$-201.0M
Q2 25
$-25.4M
$-39.7M
Q1 25
$-46.9M
$42.6M
Q4 24
$-23.1M
$-153.0M
Q3 24
$-180.0M
$-14.8M
Q2 24
$-24.9M
$-12.4M
Q1 24
$-23.4M
$-20.8M
Gross Margin
CBUS
CBUS
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
CBUS
CBUS
RGTI
RGTI
Q4 25
-2135.7%
-1209.7%
Q3 25
-2510.2%
-1055.4%
Q2 25
-1923.5%
-1103.9%
Q1 25
-4020.4%
-1469.6%
Q4 24
-1487.1%
-813.3%
Q3 24
-12023.8%
-729.4%
Q2 24
-2563.5%
-521.2%
Q1 24
-3385.9%
-543.4%
Net Margin
CBUS
CBUS
RGTI
RGTI
Q4 25
-2959.9%
-974.7%
Q3 25
-3827.8%
-10321.9%
Q2 25
-2719.4%
-2201.8%
Q1 25
-4534.4%
2895.3%
Q4 24
-1906.1%
-6726.5%
Q3 24
-10795.9%
-623.8%
Q2 24
-2969.3%
-402.5%
Q1 24
-4300.0%
-680.6%
EPS (diluted)
CBUS
CBUS
RGTI
RGTI
Q4 25
$-0.39
$-0.08
Q3 25
$-0.44
$-0.62
Q2 25
$-0.61
$-0.13
Q1 25
$-1.34
$0.13
Q4 24
$-0.94
$-0.80
Q3 24
$-7.63
$-0.08
Q2 24
$-1.14
$-0.07
Q1 24
$-1.12
$-0.14

Balance Sheet & Financial Strength

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

Metric
CBUS
CBUS
RGTI
RGTI
Cash + ST InvestmentsLiquidity on hand
$9.9M
$44.9M
Total DebtLower is stronger
$528.0K
Stockholders' EquityBook value
$21.8M
$546.2M
Total Assets
$305.0M
$666.6M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBUS
CBUS
RGTI
RGTI
Q4 25
$9.9M
$44.9M
Q3 25
$23.9M
$26.1M
Q2 25
$36.5M
$57.2M
Q1 25
$23.6M
$37.2M
Q4 24
$14.4M
$67.7M
Q3 24
$28.8M
$20.3M
Q2 24
$30.0M
$20.7M
Q1 24
$24.5M
$35.1M
Total Debt
CBUS
CBUS
RGTI
RGTI
Q4 25
$528.0K
Q3 25
Q2 25
Q1 25
Q4 24
$662.0K
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CBUS
CBUS
RGTI
RGTI
Q4 25
$21.8M
$546.2M
Q3 25
$50.4M
$371.8M
Q2 25
$72.1M
$553.3M
Q1 25
$70.3M
$207.1M
Q4 24
$92.2M
$126.6M
Q3 24
$108.1M
$122.8M
Q2 24
$270.5M
$122.2M
Q1 24
$278.2M
$115.6M
Total Assets
CBUS
CBUS
RGTI
RGTI
Q4 25
$305.0M
$666.6M
Q3 25
$330.2M
$630.3M
Q2 25
$346.2M
$636.7M
Q1 25
$335.0M
$269.1M
Q4 24
$350.1M
$284.8M
Q3 24
$367.9M
$157.3M
Q2 24
$553.4M
$162.4M
Q1 24
$533.0M
$162.1M
Debt / Equity
CBUS
CBUS
RGTI
RGTI
Q4 25
0.02×
Q3 25
Q2 25
Q1 25
Q4 24
0.01×
Q3 24
Q2 24
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
CBUS
CBUS
RGTI
RGTI
Operating Cash FlowLast quarter
$-13.4M
$-14.9M
Free Cash FlowOCF − Capex
$-13.5M
$-19.5M
FCF MarginFCF / Revenue
-1277.8%
-1042.5%
Capex IntensityCapex / Revenue
8.1%
244.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-51.2M
$-77.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBUS
CBUS
RGTI
RGTI
Q4 25
$-13.4M
$-14.9M
Q3 25
$-11.7M
$-13.8M
Q2 25
$-13.6M
$-16.2M
Q1 25
$-11.8M
$-13.7M
Q4 24
$-14.0M
$-8.5M
Q3 24
$-13.5M
$-15.4M
Q2 24
$-17.0M
$-13.5M
Q1 24
$-13.5M
$-13.1M
Free Cash Flow
CBUS
CBUS
RGTI
RGTI
Q4 25
$-13.5M
$-19.5M
Q3 25
$-11.8M
$-19.7M
Q2 25
$-13.7M
$-21.8M
Q1 25
$-12.1M
$-16.2M
Q4 24
$-14.1M
$-9.8M
Q3 24
$-13.9M
$-17.7M
Q2 24
$-17.2M
$-15.6M
Q1 24
$-13.7M
$-18.6M
FCF Margin
CBUS
CBUS
RGTI
RGTI
Q4 25
-1277.8%
-1042.5%
Q3 25
-1926.5%
-1012.4%
Q2 25
-1468.1%
-1212.4%
Q1 25
-1172.0%
-1100.4%
Q4 24
-1159.3%
-432.1%
Q3 24
-832.3%
-744.5%
Q2 24
-2054.5%
-504.3%
Q1 24
-2515.2%
-610.5%
Capex Intensity
CBUS
CBUS
RGTI
RGTI
Q4 25
8.1%
244.8%
Q3 25
17.6%
302.5%
Q2 25
10.0%
314.7%
Q1 25
28.1%
173.0%
Q4 24
4.6%
56.4%
Q3 24
21.3%
95.8%
Q2 24
20.2%
66.3%
Q1 24
41.8%
180.0%
Cash Conversion
CBUS
CBUS
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

CBUS
CBUS

Segment breakdown not available.

RGTI
RGTI

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

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