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Side-by-side financial comparison of Vyome Holdings, Inc (HIND) 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 $1.2M, roughly 1.5× Vyome Holdings, Inc). Vyome Holdings, Inc runs the higher net margin — -211.8% vs -974.7%, a 762.9% gap on every dollar of revenue. On growth, Rigetti Computing, Inc. posted the faster year-over-year revenue change (-17.9% vs -36.8%). Over the past eight quarters, Rigetti Computing, Inc.'s revenue compounded faster (-21.8% CAGR vs -24.1%).

Vyome Holdings, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative therapeutic solutions for a range of dermatological conditions. Its product pipeline targets unmet medical needs related to acne, atopic dermatitis, and chronic fungal infections, with primary operations and market presence across North America and South Asia.

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.

HIND vs RGTI — Head-to-Head

Bigger by revenue
RGTI
RGTI
1.5× larger
RGTI
$1.9M
$1.2M
HIND
Growing faster (revenue YoY)
RGTI
RGTI
+18.9% gap
RGTI
-17.9%
-36.8%
HIND
Higher net margin
HIND
HIND
762.9% more per $
HIND
-211.8%
-974.7%
RGTI
Faster 2-yr revenue CAGR
RGTI
RGTI
Annualised
RGTI
-21.8%
-24.1%
HIND

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
HIND
HIND
RGTI
RGTI
Revenue
$1.2M
$1.9M
Net Profit
$-2.6M
$-18.2M
Gross Margin
48.2%
34.9%
Operating Margin
-222.4%
-1209.7%
Net Margin
-211.8%
-974.7%
Revenue YoY
-36.8%
-17.9%
Net Profit YoY
-64.9%
88.1%
EPS (diluted)
$-2.25
$-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
HIND
HIND
RGTI
RGTI
Q4 25
$1.9M
Q3 25
$1.9M
Q2 25
$1.2M
$1.8M
Q1 25
$1.1M
$1.5M
Q4 24
$1.8M
$2.3M
Q3 24
$2.3M
$2.4M
Q2 24
$2.0M
$3.1M
Q1 24
$1.9M
$3.1M
Net Profit
HIND
HIND
RGTI
RGTI
Q4 25
$-18.2M
Q3 25
$-201.0M
Q2 25
$-2.6M
$-39.7M
Q1 25
$1.5M
$42.6M
Q4 24
$2.9M
$-153.0M
Q3 24
$-547.8K
$-14.8M
Q2 24
$-1.6M
$-12.4M
Q1 24
$-2.2M
$-20.8M
Gross Margin
HIND
HIND
RGTI
RGTI
Q4 25
34.9%
Q3 25
20.7%
Q2 25
48.2%
31.4%
Q1 25
61.2%
30.0%
Q4 24
-118.6%
44.1%
Q3 24
1.6%
50.6%
Q2 24
57.7%
64.5%
Q1 24
59.9%
49.1%
Operating Margin
HIND
HIND
RGTI
RGTI
Q4 25
-1209.7%
Q3 25
-1055.4%
Q2 25
-222.4%
-1103.9%
Q1 25
-198.2%
-1469.6%
Q4 24
-813.3%
Q3 24
-12.3%
-729.4%
Q2 24
-104.5%
-521.2%
Q1 24
-113.7%
-543.4%
Net Margin
HIND
HIND
RGTI
RGTI
Q4 25
-974.7%
Q3 25
-10321.9%
Q2 25
-211.8%
-2201.8%
Q1 25
132.4%
2895.3%
Q4 24
160.0%
-6726.5%
Q3 24
-23.9%
-623.8%
Q2 24
-81.2%
-402.5%
Q1 24
-112.8%
-680.6%
EPS (diluted)
HIND
HIND
RGTI
RGTI
Q4 25
$-0.08
Q3 25
$-0.62
Q2 25
$-2.25
$-0.13
Q1 25
$18.98
$0.13
Q4 24
$-4355.36
$-0.80
Q3 24
$-1419.10
$-0.08
Q2 24
$-91.56
$-0.07
Q1 24
$-135.37
$-0.14

Balance Sheet & Financial Strength

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

Metric
HIND
HIND
RGTI
RGTI
Cash + ST InvestmentsLiquidity on hand
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-5.0M
$546.2M
Total Assets
$666.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIND
HIND
RGTI
RGTI
Q4 25
$44.9M
Q3 25
$26.1M
Q2 25
$57.2M
Q1 25
$2.5M
$37.2M
Q4 24
$101.9K
$67.7M
Q3 24
$743.0K
$20.3M
Q2 24
$12.0K
$20.7M
Q1 24
$2.4M
$35.1M
Stockholders' Equity
HIND
HIND
RGTI
RGTI
Q4 25
$546.2M
Q3 25
$371.8M
Q2 25
$-5.0M
$553.3M
Q1 25
$1.2M
$207.1M
Q4 24
$-4.4M
$126.6M
Q3 24
$1.5M
$122.8M
Q2 24
$-4.0M
$122.2M
Q1 24
$4.5M
$115.6M
Total Assets
HIND
HIND
RGTI
RGTI
Q4 25
$666.6M
Q3 25
$630.3M
Q2 25
$636.7M
Q1 25
$6.5M
$269.1M
Q4 24
$1.4M
$284.8M
Q3 24
$1.3M
$157.3M
Q2 24
$-614.0K
$162.4M
Q1 24
$8.2M
$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
HIND
HIND
RGTI
RGTI
Operating Cash FlowLast quarter
$-14.9M
Free Cash FlowOCF − Capex
$-19.5M
FCF MarginFCF / Revenue
-1042.5%
Capex IntensityCapex / Revenue
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
HIND
HIND
RGTI
RGTI
Q4 25
$-14.9M
Q3 25
$-13.8M
Q2 25
$-16.2M
Q1 25
$-2.1M
$-13.7M
Q4 24
$-8.5M
Q3 24
$1.5M
$-15.4M
Q2 24
$-13.5M
Q1 24
$-2.1M
$-13.1M
Free Cash Flow
HIND
HIND
RGTI
RGTI
Q4 25
$-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
FCF Margin
HIND
HIND
RGTI
RGTI
Q4 25
-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%
Capex Intensity
HIND
HIND
RGTI
RGTI
Q4 25
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%
Cash Conversion
HIND
HIND
RGTI
RGTI
Q4 25
Q3 25
Q2 25
Q1 25
-1.44×
-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

HIND
HIND

Segment breakdown not available.

RGTI
RGTI

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

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