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Side-by-side financial comparison of Envirotech Vehicles, Inc. (EVTV) and Rigetti Computing, Inc. (RGTI). Click either name above to swap in a different company.
Envirotech Vehicles, Inc. is the larger business by last-quarter revenue ($2.5M vs $1.9M, roughly 1.3× Rigetti Computing, Inc.). Envirotech Vehicles, Inc. runs the higher net margin — -545.9% vs -974.7%, a 428.8% gap on every dollar of revenue. On growth, Envirotech Vehicles, Inc. posted the faster year-over-year revenue change (908.5% vs -17.9%). Over the past eight quarters, Envirotech Vehicles, Inc.'s revenue compounded faster (75.2% CAGR vs -21.8%).
Envirotech Vehicles, Inc. is a provider of zero-emission commercial electric vehicles, with product lines covering light-duty delivery vans, medium-duty work trucks, and purpose-built special electric vehicles. It mainly serves North American logistics, municipal services, and last-mile delivery segments, supporting custom vehicle configuration to match clients' specific operational requirements.
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.
EVTV vs RGTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.5M | $1.9M |
| Net Profit | $-13.6M | $-18.2M |
| Gross Margin | -479.8% | 34.9% |
| Operating Margin | -566.0% | -1209.7% |
| Net Margin | -545.9% | -974.7% |
| Revenue YoY | 908.5% | -17.9% |
| Net Profit YoY | -484.0% | 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 | $2.5M | $1.9M | ||
| Q3 25 | $1.8M | $1.9M | ||
| Q2 25 | $1.0M | $1.8M | ||
| Q1 25 | $590.6K | $1.5M | ||
| Q4 24 | $246.8K | $2.3M | ||
| Q3 24 | $0 | $2.4M | ||
| Q2 24 | $812.8K | $3.1M | ||
| Q1 24 | $810.5K | $3.1M |
| Q4 25 | $-13.6M | $-18.2M | ||
| Q3 25 | $-6.4M | $-201.0M | ||
| Q2 25 | $-5.1M | $-39.7M | ||
| Q1 25 | $-14.0M | $42.6M | ||
| Q4 24 | — | $-153.0M | ||
| Q3 24 | $-1.2M | $-14.8M | ||
| Q2 24 | $-755.1K | $-12.4M | ||
| Q1 24 | $-4.5M | $-20.8M |
| Q4 25 | -479.8% | 34.9% | ||
| Q3 25 | 4.5% | 20.7% | ||
| Q2 25 | -139.2% | 31.4% | ||
| Q1 25 | 20.2% | 30.0% | ||
| Q4 24 | 44.9% | 44.1% | ||
| Q3 24 | — | 50.6% | ||
| Q2 24 | 25.1% | 64.5% | ||
| Q1 24 | 38.0% | 49.1% |
| Q4 25 | -566.0% | -1209.7% | ||
| Q3 25 | -334.5% | -1055.4% | ||
| Q2 25 | -458.4% | -1103.9% | ||
| Q1 25 | -2325.2% | -1469.6% | ||
| Q4 24 | — | -813.3% | ||
| Q3 24 | — | -729.4% | ||
| Q2 24 | -163.0% | -521.2% | ||
| Q1 24 | -364.8% | -543.4% |
| Q4 25 | -545.9% | -974.7% | ||
| Q3 25 | -350.8% | -10321.9% | ||
| Q2 25 | -491.6% | -2201.8% | ||
| Q1 25 | -2376.8% | 2895.3% | ||
| Q4 24 | — | -6726.5% | ||
| Q3 24 | — | -623.8% | ||
| Q2 24 | -92.9% | -402.5% | ||
| Q1 24 | -559.2% | -680.6% |
| Q4 25 | — | $-0.08 | ||
| Q3 25 | — | $-0.62 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | — | $-0.80 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 24 | — | $-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 | $359.0K | $44.9M |
| Total DebtLower is stronger | $485.8K | — |
| Stockholders' EquityBook value | $-8.9M | $546.2M |
| Total Assets | $4.7M | $666.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $359.0K | $44.9M | ||
| Q3 25 | $77.6K | $26.1M | ||
| Q2 25 | $942.2K | $57.2M | ||
| Q1 25 | $211.3K | $37.2M | ||
| Q4 24 | $1.9M | $67.7M | ||
| Q3 24 | $682.7K | $20.3M | ||
| Q2 24 | $437.1K | $20.7M | ||
| Q1 24 | $1.0M | $35.1M |
| Q4 25 | $485.8K | — | ||
| Q3 25 | $2.9M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $4.6M | — | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $918.1K | — | ||
| Q2 24 | $1.3M | — | ||
| Q1 24 | $1.1M | — |
| Q4 25 | $-8.9M | $546.2M | ||
| Q3 25 | $1.9M | $371.8M | ||
| Q2 25 | $5.9M | $553.3M | ||
| Q1 25 | $9.2M | $207.1M | ||
| Q4 24 | $20.9M | $126.6M | ||
| Q3 24 | $19.0M | $122.8M | ||
| Q2 24 | $18.1M | $122.2M | ||
| Q1 24 | $18.5M | $115.6M |
| Q4 25 | $4.7M | $666.6M | ||
| Q3 25 | $18.2M | $630.3M | ||
| Q2 25 | $22.7M | $636.7M | ||
| Q1 25 | $24.8M | $269.1M | ||
| Q4 24 | $32.7M | $284.8M | ||
| Q3 24 | $22.8M | $157.3M | ||
| Q2 24 | $22.5M | $162.4M | ||
| Q1 24 | $23.2M | $162.1M |
| Q4 25 | — | — | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 0.84× | — | ||
| Q1 25 | 0.50× | — | ||
| Q4 24 | 0.16× | — | ||
| Q3 24 | 0.05× | — | ||
| Q2 24 | 0.07× | — | ||
| Q1 24 | 0.06× | — |
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 | $708.3K | $-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.
| Q4 25 | $708.3K | $-14.9M | ||
| Q3 25 | $-910.4K | $-13.8M | ||
| Q2 25 | $-1.2M | $-16.2M | ||
| Q1 25 | $-4.2M | $-13.7M | ||
| Q4 24 | $-3.5M | $-8.5M | ||
| Q3 24 | $-1.1M | $-15.4M | ||
| Q2 24 | $-965.0K | $-13.5M | ||
| Q1 24 | $-735.6K | $-13.1M |
| Q4 25 | — | $-19.5M | ||
| Q3 25 | — | $-19.7M | ||
| Q2 25 | — | $-21.8M | ||
| Q1 25 | $-4.4M | $-16.2M | ||
| Q4 24 | $-3.9M | $-9.8M | ||
| Q3 24 | $-1.2M | $-17.7M | ||
| Q2 24 | $-1.1M | $-15.6M | ||
| Q1 24 | — | $-18.6M |
| Q4 25 | — | -1042.5% | ||
| Q3 25 | — | -1012.4% | ||
| Q2 25 | — | -1212.4% | ||
| Q1 25 | -744.1% | -1100.4% | ||
| Q4 24 | -1594.4% | -432.1% | ||
| Q3 24 | — | -744.5% | ||
| Q2 24 | -135.4% | -504.3% | ||
| Q1 24 | — | -610.5% |
| Q4 25 | 0.0% | 244.8% | ||
| Q3 25 | 0.0% | 302.5% | ||
| Q2 25 | 0.0% | 314.7% | ||
| Q1 25 | 29.9% | 173.0% | ||
| Q4 24 | 174.4% | 56.4% | ||
| Q3 24 | — | 95.8% | ||
| Q2 24 | 16.6% | 66.3% | ||
| Q1 24 | 0.0% | 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
EVTV
Segment breakdown not available.
RGTI
| Collaborative Research And Other Professional Services | $1.7M | 93% |
| Other | $131.0K | 7% |
