vs

Side-by-side financial comparison of ClearSign Technologies Corp (CLIR) and Rigetti Computing, Inc. (RGTI). Click either name above to swap in a different company.

ClearSign Technologies Corp is the larger business by last-quarter revenue ($3.7M vs $1.9M, roughly 2.0× Rigetti Computing, Inc.). ClearSign Technologies Corp runs the higher net margin — -8.5% vs -974.7%, a 966.2% gap on every dollar of revenue. On growth, ClearSign Technologies Corp posted the faster year-over-year revenue change (522.2% vs -17.9%). Over the past eight quarters, ClearSign Technologies Corp's revenue compounded faster (82.5% CAGR vs -21.8%).

ClearSign Technologies Corporation (ClearSign) is a United States-based company that develops emission-control technology.

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.

CLIR vs RGTI — Head-to-Head

Bigger by revenue
CLIR
CLIR
2.0× larger
CLIR
$3.7M
$1.9M
RGTI
Growing faster (revenue YoY)
CLIR
CLIR
+540.1% gap
CLIR
522.2%
-17.9%
RGTI
Higher net margin
CLIR
CLIR
966.2% more per $
CLIR
-8.5%
-974.7%
RGTI
Faster 2-yr revenue CAGR
CLIR
CLIR
Annualised
CLIR
82.5%
-21.8%
RGTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLIR
CLIR
RGTI
RGTI
Revenue
$3.7M
$1.9M
Net Profit
$-311.0K
$-18.2M
Gross Margin
21.9%
34.9%
Operating Margin
-22.5%
-1209.7%
Net Margin
-8.5%
-974.7%
Revenue YoY
522.2%
-17.9%
Net Profit YoY
73.3%
88.1%
EPS (diluted)
$-0.06
$-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
CLIR
CLIR
RGTI
RGTI
Q4 25
$3.7M
$1.9M
Q3 25
$1.0M
$1.9M
Q2 25
$133.0K
$1.8M
Q1 25
$401.0K
$1.5M
Q4 24
$590.0K
$2.3M
Q3 24
$1.9M
$2.4M
Q2 24
$45.0K
$3.1M
Q1 24
$1.1M
$3.1M
Net Profit
CLIR
CLIR
RGTI
RGTI
Q4 25
$-311.0K
$-18.2M
Q3 25
$-1.4M
$-201.0M
Q2 25
$-1.7M
$-39.7M
Q1 25
$-2.1M
$42.6M
Q4 24
$-1.2M
$-153.0M
Q3 24
$-1.2M
$-14.8M
Q2 24
$-1.9M
$-12.4M
Q1 24
$-1.1M
$-20.8M
Gross Margin
CLIR
CLIR
RGTI
RGTI
Q4 25
21.9%
34.9%
Q3 25
35.8%
20.7%
Q2 25
41.4%
31.4%
Q1 25
48.9%
30.0%
Q4 24
14.9%
44.1%
Q3 24
29.6%
50.6%
Q2 24
93.3%
64.5%
Q1 24
39.7%
49.1%
Operating Margin
CLIR
CLIR
RGTI
RGTI
Q4 25
-22.5%
-1209.7%
Q3 25
-170.1%
-1055.4%
Q2 25
-1382.0%
-1103.9%
Q1 25
-562.8%
-1469.6%
Q4 24
-282.4%
-813.3%
Q3 24
-77.1%
-729.4%
Q2 24
-4748.9%
-521.2%
Q1 24
-113.6%
-543.4%
Net Margin
CLIR
CLIR
RGTI
RGTI
Q4 25
-8.5%
-974.7%
Q3 25
-138.9%
-10321.9%
Q2 25
-1263.2%
-2201.8%
Q1 25
-517.7%
2895.3%
Q4 24
-197.3%
-6726.5%
Q3 24
-62.1%
-623.8%
Q2 24
-4160.0%
-402.5%
Q1 24
-100.5%
-680.6%
EPS (diluted)
CLIR
CLIR
RGTI
RGTI
Q4 25
$-0.06
$-0.08
Q3 25
$-0.26
$-0.62
Q2 25
$-0.30
$-0.13
Q1 25
$-0.37
$0.13
Q4 24
$-0.18
$-0.80
Q3 24
$-0.20
$-0.08
Q2 24
$-0.40
$-0.07
Q1 24
$-0.30
$-0.14

Balance Sheet & Financial Strength

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

Metric
CLIR
CLIR
RGTI
RGTI
Cash + ST InvestmentsLiquidity on hand
$9.2M
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.5M
$546.2M
Total Assets
$12.2M
$666.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLIR
CLIR
RGTI
RGTI
Q4 25
$9.2M
$44.9M
Q3 25
$10.5M
$26.1M
Q2 25
$12.3M
$57.2M
Q1 25
$12.9M
$37.2M
Q4 24
$14.0M
$67.7M
Q3 24
$14.5M
$20.3M
Q2 24
$16.0M
$20.7M
Q1 24
$4.6M
$35.1M
Stockholders' Equity
CLIR
CLIR
RGTI
RGTI
Q4 25
$9.5M
$546.2M
Q3 25
$9.1M
$371.8M
Q2 25
$10.4M
$553.3M
Q1 25
$12.0M
$207.1M
Q4 24
$13.8M
$126.6M
Q3 24
$14.8M
$122.8M
Q2 24
$15.9M
$122.2M
Q1 24
$4.5M
$115.6M
Total Assets
CLIR
CLIR
RGTI
RGTI
Q4 25
$12.2M
$666.6M
Q3 25
$12.7M
$630.3M
Q2 25
$14.2M
$636.7M
Q1 25
$14.5M
$269.1M
Q4 24
$16.3M
$284.8M
Q3 24
$17.1M
$157.3M
Q2 24
$17.8M
$162.4M
Q1 24
$6.6M
$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
CLIR
CLIR
RGTI
RGTI
Operating Cash FlowLast quarter
$-1.3M
$-14.9M
Free Cash FlowOCF − Capex
$-19.5M
FCF MarginFCF / Revenue
-1042.5%
Capex IntensityCapex / Revenue
0.0%
244.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-77.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLIR
CLIR
RGTI
RGTI
Q4 25
$-1.3M
$-14.9M
Q3 25
$-1.8M
$-13.8M
Q2 25
$-511.0K
$-16.2M
Q1 25
$-1.1M
$-13.7M
Q4 24
$-415.0K
$-8.5M
Q3 24
$-1.4M
$-15.4M
Q2 24
$-1.5M
$-13.5M
Q1 24
$-1.0M
$-13.1M
Free Cash Flow
CLIR
CLIR
RGTI
RGTI
Q4 25
$-19.5M
Q3 25
$-19.7M
Q2 25
$-21.8M
Q1 25
$-1.1M
$-16.2M
Q4 24
$-9.8M
Q3 24
$-17.7M
Q2 24
$-15.6M
Q1 24
$-18.6M
FCF Margin
CLIR
CLIR
RGTI
RGTI
Q4 25
-1042.5%
Q3 25
-1012.4%
Q2 25
-1212.4%
Q1 25
-278.1%
-1100.4%
Q4 24
-432.1%
Q3 24
-744.5%
Q2 24
-504.3%
Q1 24
-610.5%
Capex Intensity
CLIR
CLIR
RGTI
RGTI
Q4 25
0.0%
244.8%
Q3 25
0.0%
302.5%
Q2 25
0.0%
314.7%
Q1 25
1.0%
173.0%
Q4 24
56.4%
Q3 24
0.0%
95.8%
Q2 24
66.3%
Q1 24
180.0%
Cash Conversion
CLIR
CLIR
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

CLIR
CLIR

Segment breakdown not available.

RGTI
RGTI

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

Related Comparisons