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Side-by-side financial comparison of Nauticus Robotics, Inc. (KITT) 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 $1.1M, roughly 1.8× Nauticus Robotics, Inc.). Rigetti Computing, Inc. runs the higher net margin — -974.7% vs -1812.8%, a 838.2% gap on every dollar of revenue. On growth, Nauticus Robotics, Inc. posted the faster year-over-year revenue change (124.4% vs -17.9%). Nauticus Robotics, Inc. produced more free cash flow last quarter ($-5.0M vs $-19.5M). Over the past eight quarters, Nauticus Robotics, Inc.'s revenue compounded faster (-18.6% CAGR vs -21.8%).

Nauticus Robotics, Inc. develops and manufactures autonomous underwater robots, intelligent marine operation systems, and provides tailored robotic services for clients across offshore energy, maritime defense, and ocean scientific research sectors, with core markets covering North America and global coastal operation regions.

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.

KITT vs RGTI — Head-to-Head

Bigger by revenue
RGTI
RGTI
1.8× larger
RGTI
$1.9M
$1.1M
KITT
Growing faster (revenue YoY)
KITT
KITT
+142.2% gap
KITT
124.4%
-17.9%
RGTI
Higher net margin
RGTI
RGTI
838.2% more per $
RGTI
-974.7%
-1812.8%
KITT
More free cash flow
KITT
KITT
$14.5M more FCF
KITT
$-5.0M
$-19.5M
RGTI
Faster 2-yr revenue CAGR
KITT
KITT
Annualised
KITT
-18.6%
-21.8%
RGTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KITT
KITT
RGTI
RGTI
Revenue
$1.1M
$1.9M
Net Profit
$-19.2M
$-18.2M
Gross Margin
34.9%
Operating Margin
-531.0%
-1209.7%
Net Margin
-1812.8%
-974.7%
Revenue YoY
124.4%
-17.9%
Net Profit YoY
77.3%
88.1%
EPS (diluted)
$-7.31
$-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
KITT
KITT
RGTI
RGTI
Q4 25
$1.1M
$1.9M
Q3 25
$2.0M
$1.9M
Q2 25
$2.1M
$1.8M
Q1 25
$1.5M
Q4 24
$471.2K
$2.3M
Q3 24
$2.4M
Q2 24
$501.7K
$3.1M
Q1 24
$464.4K
$3.1M
Net Profit
KITT
KITT
RGTI
RGTI
Q4 25
$-19.2M
$-18.2M
Q3 25
$-6.6M
$-201.0M
Q2 25
$-7.5M
$-39.7M
Q1 25
$42.6M
Q4 24
$-84.5M
$-153.0M
Q3 24
$-14.8M
Q2 24
$4.5M
$-12.4M
Q1 24
$-72.8M
$-20.8M
Gross Margin
KITT
KITT
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
KITT
KITT
RGTI
RGTI
Q4 25
-531.0%
-1209.7%
Q3 25
-297.3%
-1055.4%
Q2 25
-307.0%
-1103.9%
Q1 25
-1469.6%
Q4 24
-1312.1%
-813.3%
Q3 24
-729.4%
Q2 24
-1198.4%
-521.2%
Q1 24
-1195.1%
-543.4%
Net Margin
KITT
KITT
RGTI
RGTI
Q4 25
-1812.8%
-974.7%
Q3 25
-335.9%
-10321.9%
Q2 25
-359.1%
-2201.8%
Q1 25
2895.3%
Q4 24
-17940.7%
-6726.5%
Q3 24
-623.8%
Q2 24
905.1%
-402.5%
Q1 24
-15686.1%
-680.6%
EPS (diluted)
KITT
KITT
RGTI
RGTI
Q4 25
$-7.31
$-0.08
Q3 25
$-2.60
$-0.62
Q2 25
$-0.26
$-0.13
Q1 25
$0.13
Q4 24
$-267.45
$-0.80
Q3 24
$-0.08
Q2 24
$-1.12
$-0.07
Q1 24
$-58.75
$-0.14

Balance Sheet & Financial Strength

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

Metric
KITT
KITT
RGTI
RGTI
Cash + ST InvestmentsLiquidity on hand
$7.0M
$44.9M
Total DebtLower is stronger
$21.5M
Stockholders' EquityBook value
$7.0M
$546.2M
Total Assets
$42.6M
$666.6M
Debt / EquityLower = less leverage
3.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KITT
KITT
RGTI
RGTI
Q4 25
$7.0M
$44.9M
Q3 25
$5.5M
$26.1M
Q2 25
$2.7M
$57.2M
Q1 25
$37.2M
Q4 24
$1.2M
$67.7M
Q3 24
$20.3M
Q2 24
$8.1M
$20.7M
Q1 24
$6.2M
$35.1M
Total Debt
KITT
KITT
RGTI
RGTI
Q4 25
$21.5M
Q3 25
Q2 25
Q1 25
Q4 24
$28.9M
Q3 24
Q2 24
$109.5M
Q1 24
$118.6M
Stockholders' Equity
KITT
KITT
RGTI
RGTI
Q4 25
$7.0M
$546.2M
Q3 25
$-4.1M
$371.8M
Q2 25
$-5.7M
$553.3M
Q1 25
$207.1M
Q4 24
$-20.4M
$126.6M
Q3 24
$122.8M
Q2 24
$-91.5M
$122.2M
Q1 24
$-112.8M
$115.6M
Total Assets
KITT
KITT
RGTI
RGTI
Q4 25
$42.6M
$666.6M
Q3 25
$42.8M
$630.3M
Q2 25
$41.9M
$636.7M
Q1 25
$269.1M
Q4 24
$22.7M
$284.8M
Q3 24
$157.3M
Q2 24
$31.2M
$162.4M
Q1 24
$29.4M
$162.1M
Debt / Equity
KITT
KITT
RGTI
RGTI
Q4 25
3.06×
Q3 25
Q2 25
Q1 25
Q4 24
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
KITT
KITT
RGTI
RGTI
Operating Cash FlowLast quarter
$-4.1M
$-14.9M
Free Cash FlowOCF − Capex
$-5.0M
$-19.5M
FCF MarginFCF / Revenue
-470.4%
-1042.5%
Capex IntensityCapex / Revenue
86.4%
244.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-21.5M
$-77.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KITT
KITT
RGTI
RGTI
Q4 25
$-4.1M
$-14.9M
Q3 25
$-4.9M
$-13.8M
Q2 25
$-7.4M
$-16.2M
Q1 25
$-13.7M
Q4 24
$-4.2M
$-8.5M
Q3 24
$-15.4M
Q2 24
$-8.4M
$-13.5M
Q1 24
$-6.7M
$-13.1M
Free Cash Flow
KITT
KITT
RGTI
RGTI
Q4 25
$-5.0M
$-19.5M
Q3 25
$-4.9M
$-19.7M
Q2 25
$-7.4M
$-21.8M
Q1 25
$-16.2M
Q4 24
$-4.3M
$-9.8M
Q3 24
$-17.7M
Q2 24
$-8.4M
$-15.6M
Q1 24
$-7.0M
$-18.6M
FCF Margin
KITT
KITT
RGTI
RGTI
Q4 25
-470.4%
-1042.5%
Q3 25
-249.8%
-1012.4%
Q2 25
-354.5%
-1212.4%
Q1 25
-1100.4%
Q4 24
-903.5%
-432.1%
Q3 24
-744.5%
Q2 24
-1678.0%
-504.3%
Q1 24
-1504.1%
-610.5%
Capex Intensity
KITT
KITT
RGTI
RGTI
Q4 25
86.4%
244.8%
Q3 25
0.1%
302.5%
Q2 25
0.0%
314.7%
Q1 25
173.0%
Q4 24
7.4%
56.4%
Q3 24
95.8%
Q2 24
5.5%
66.3%
Q1 24
69.8%
180.0%
Cash Conversion
KITT
KITT
RGTI
RGTI
Q4 25
Q3 25
Q2 25
Q1 25
-0.32×
Q4 24
Q3 24
Q2 24
-1.85×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KITT
KITT

Segment breakdown not available.

RGTI
RGTI

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

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