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Side-by-side financial comparison of Innovative Eyewear Inc (LUCY) 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 $959.8K, roughly 1.9× Innovative Eyewear Inc). Innovative Eyewear Inc runs the higher net margin — -194.8% vs -974.7%, a 779.8% gap on every dollar of revenue. On growth, Innovative Eyewear Inc posted the faster year-over-year revenue change (39.0% vs -17.9%). Innovative Eyewear Inc produced more free cash flow last quarter ($-1.4M vs $-19.5M). Over the past eight quarters, Innovative Eyewear Inc's revenue compounded faster (58.2% CAGR vs -21.8%).
General Eyewear is a London-based eyewear company and brand. The company was founded in the late 1990s by Fraser Laing. Originally under the name Arckiv, it produced its own original eyewear designs and had a particular specialism in vintage eyewear.
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.
LUCY vs RGTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $959.8K | $1.9M |
| Net Profit | $-1.9M | $-18.2M |
| Gross Margin | 12.0% | 34.9% |
| Operating Margin | — | -1209.7% |
| Net Margin | -194.8% | -974.7% |
| Revenue YoY | 39.0% | -17.9% |
| Net Profit YoY | 12.0% | 88.1% |
| EPS (diluted) | $-0.14 | $-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 | $959.8K | $1.9M | ||
| Q3 25 | $668.1K | $1.9M | ||
| Q2 25 | $579.2K | $1.8M | ||
| Q1 25 | $454.5K | $1.5M | ||
| Q4 24 | $690.7K | $2.3M | ||
| Q3 24 | $253.6K | $2.4M | ||
| Q2 24 | $308.7K | $3.1M | ||
| Q1 24 | $383.5K | $3.1M |
| Q4 25 | $-1.9M | $-18.2M | ||
| Q3 25 | $-1.8M | $-201.0M | ||
| Q2 25 | $-2.1M | $-39.7M | ||
| Q1 25 | $-1.8M | $42.6M | ||
| Q4 24 | $-2.1M | $-153.0M | ||
| Q3 24 | $-1.7M | $-14.8M | ||
| Q2 24 | $-1.9M | $-12.4M | ||
| Q1 24 | $-2.0M | $-20.8M |
| Q4 25 | 12.0% | 34.9% | ||
| Q3 25 | 36.6% | 20.7% | ||
| Q2 25 | -2.2% | 31.4% | ||
| Q1 25 | 48.5% | 30.0% | ||
| Q4 24 | 13.6% | 44.1% | ||
| Q3 24 | 23.4% | 50.6% | ||
| Q2 24 | 17.9% | 64.5% | ||
| Q1 24 | 1.8% | 49.1% |
| Q4 25 | — | -1209.7% | ||
| Q3 25 | — | -1055.4% | ||
| Q2 25 | — | -1103.9% | ||
| Q1 25 | — | -1469.6% | ||
| Q4 24 | — | -813.3% | ||
| Q3 24 | — | -729.4% | ||
| Q2 24 | — | -521.2% | ||
| Q1 24 | — | -543.4% |
| Q4 25 | -194.8% | -974.7% | ||
| Q3 25 | -274.8% | -10321.9% | ||
| Q2 25 | -363.6% | -2201.8% | ||
| Q1 25 | -391.4% | 2895.3% | ||
| Q4 24 | -307.8% | -6726.5% | ||
| Q3 24 | -678.5% | -623.8% | ||
| Q2 24 | -631.2% | -402.5% | ||
| Q1 24 | -514.1% | -680.6% |
| Q4 25 | $-0.14 | $-0.08 | ||
| Q3 25 | $-0.38 | $-0.62 | ||
| Q2 25 | $-0.66 | $-0.13 | ||
| Q1 25 | $-0.72 | $0.13 | ||
| Q4 24 | $0.26 | $-0.80 | ||
| Q3 24 | $-0.99 | $-0.08 | ||
| Q2 24 | $-1.87 | $-0.07 | ||
| Q1 24 | $-2.59 | $-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 | $6.5M | $44.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.1M | $546.2M |
| Total Assets | $10.1M | $666.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $6.5M | $44.9M | ||
| Q3 25 | $6.7M | $26.1M | ||
| Q2 25 | $7.6M | $57.2M | ||
| Q1 25 | $5.3M | $37.2M | ||
| Q4 24 | $2.6M | $67.7M | ||
| Q3 24 | $4.5M | $20.3M | ||
| Q2 24 | $5.9M | $20.7M | ||
| Q1 24 | $2.6M | $35.1M |
| Q4 25 | $9.1M | $546.2M | ||
| Q3 25 | $10.3M | $371.8M | ||
| Q2 25 | $11.3M | $553.3M | ||
| Q1 25 | $7.5M | $207.1M | ||
| Q4 24 | $9.1M | $126.6M | ||
| Q3 24 | $10.9M | $122.8M | ||
| Q2 24 | $7.3M | $122.2M | ||
| Q1 24 | $3.9M | $115.6M |
| Q4 25 | $10.1M | $666.6M | ||
| Q3 25 | $11.2M | $630.3M | ||
| Q2 25 | $11.9M | $636.7M | ||
| Q1 25 | $7.9M | $269.1M | ||
| Q4 24 | $9.8M | $284.8M | ||
| Q3 24 | $11.6M | $157.3M | ||
| Q2 24 | $7.9M | $162.4M | ||
| Q1 24 | $4.8M | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.4M | $-14.9M |
| Free Cash FlowOCF − Capex | $-1.4M | $-19.5M |
| FCF MarginFCF / Revenue | -142.5% | -1042.5% |
| Capex IntensityCapex / Revenue | 1.8% | 244.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-77.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | $-14.9M | ||
| Q3 25 | $-1.5M | $-13.8M | ||
| Q2 25 | $-2.1M | $-16.2M | ||
| Q1 25 | $-2.3M | $-13.7M | ||
| Q4 24 | $-1.9M | $-8.5M | ||
| Q3 24 | $-1.4M | $-15.4M | ||
| Q2 24 | $-1.9M | $-13.5M | ||
| Q1 24 | $-1.5M | $-13.1M |
| Q4 25 | $-1.4M | $-19.5M | ||
| Q3 25 | $-1.5M | $-19.7M | ||
| Q2 25 | — | $-21.8M | ||
| Q1 25 | $-2.4M | $-16.2M | ||
| Q4 24 | $-2.0M | $-9.8M | ||
| Q3 24 | — | $-17.7M | ||
| Q2 24 | $-1.9M | $-15.6M | ||
| Q1 24 | $-1.5M | $-18.6M |
| Q4 25 | -142.5% | -1042.5% | ||
| Q3 25 | -226.3% | -1012.4% | ||
| Q2 25 | — | -1212.4% | ||
| Q1 25 | -517.4% | -1100.4% | ||
| Q4 24 | -285.2% | -432.1% | ||
| Q3 24 | — | -744.5% | ||
| Q2 24 | -626.1% | -504.3% | ||
| Q1 24 | -391.1% | -610.5% |
| Q4 25 | 1.8% | 244.8% | ||
| Q3 25 | 2.2% | 302.5% | ||
| Q2 25 | 0.0% | 314.7% | ||
| Q1 25 | 8.9% | 173.0% | ||
| Q4 24 | 3.8% | 56.4% | ||
| Q3 24 | 0.0% | 95.8% | ||
| Q2 24 | 1.1% | 66.3% | ||
| Q1 24 | 8.4% | 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
LUCY
Segment breakdown not available.
RGTI
| Collaborative Research And Other Professional Services | $1.7M | 93% |
| Other | $131.0K | 7% |
