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Side-by-side financial comparison of Rigetti Computing, Inc. (RGTI) and Rithm Property Trust Inc. (RPT). Click either name above to swap in a different company.

Rithm Property Trust Inc. is the larger business by last-quarter revenue ($3.4M vs $1.9M, roughly 1.8× Rigetti Computing, Inc.). Rithm Property Trust Inc. runs the higher net margin — 95.4% vs -974.7%, a 1070.1% gap on every dollar of revenue. On growth, Rigetti Computing, Inc. posted the faster year-over-year revenue change (-17.9% vs -39.7%). Over the past eight quarters, Rigetti Computing, Inc.'s revenue compounded faster (-21.8% CAGR vs -43.2%).

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.

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

RGTI vs RPT — Head-to-Head

Bigger by revenue
RPT
RPT
1.8× larger
RPT
$3.4M
$1.9M
RGTI
Growing faster (revenue YoY)
RGTI
RGTI
+21.8% gap
RGTI
-17.9%
-39.7%
RPT
Higher net margin
RPT
RPT
1070.1% more per $
RPT
95.4%
-974.7%
RGTI
Faster 2-yr revenue CAGR
RGTI
RGTI
Annualised
RGTI
-21.8%
-43.2%
RPT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RGTI
RGTI
RPT
RPT
Revenue
$1.9M
$3.4M
Net Profit
$-18.2M
$3.2M
Gross Margin
34.9%
Operating Margin
-1209.7%
99.6%
Net Margin
-974.7%
95.4%
Revenue YoY
-17.9%
-39.7%
Net Profit YoY
88.1%
11.2%
EPS (diluted)
$-0.08
$-0.26

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
RGTI
RGTI
RPT
RPT
Q4 25
$1.9M
$3.4M
Q3 25
$1.9M
$4.0M
Q2 25
$1.8M
$4.2M
Q1 25
$1.5M
$249.0K
Q4 24
$2.3M
Q3 24
$2.4M
Q2 24
$3.1M
Q1 24
$3.1M
Net Profit
RGTI
RGTI
RPT
RPT
Q4 25
$-18.2M
$3.2M
Q3 25
$-201.0M
$-273.0K
Q2 25
$-39.7M
$1.9M
Q1 25
$42.6M
$-3.4M
Q4 24
$-153.0M
Q3 24
$-14.8M
Q2 24
$-12.4M
Q1 24
$-20.8M
Gross Margin
RGTI
RGTI
RPT
RPT
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
RGTI
RGTI
RPT
RPT
Q4 25
-1209.7%
99.6%
Q3 25
-1055.4%
-6.2%
Q2 25
-1103.9%
45.7%
Q1 25
-1469.6%
-1416.5%
Q4 24
-813.3%
Q3 24
-729.4%
Q2 24
-521.2%
Q1 24
-543.4%
Net Margin
RGTI
RGTI
RPT
RPT
Q4 25
-974.7%
95.4%
Q3 25
-10321.9%
-6.8%
Q2 25
-2201.8%
45.1%
Q1 25
2895.3%
-1363.1%
Q4 24
-6726.5%
Q3 24
-623.8%
Q2 24
-402.5%
Q1 24
-680.6%
EPS (diluted)
RGTI
RGTI
RPT
RPT
Q4 25
$-0.08
$-0.26
Q3 25
$-0.62
$-0.03
Q2 25
$-0.13
$0.01
Q1 25
$0.13
$-0.08
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
RGTI
RGTI
RPT
RPT
Cash + ST InvestmentsLiquidity on hand
$44.9M
$79.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$546.2M
$291.6M
Total Assets
$666.6M
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RGTI
RGTI
RPT
RPT
Q4 25
$44.9M
$79.3M
Q3 25
$26.1M
$81.4M
Q2 25
$57.2M
$98.6M
Q1 25
$37.2M
$97.4M
Q4 24
$67.7M
Q3 24
$20.3M
Q2 24
$20.7M
Q1 24
$35.1M
Stockholders' Equity
RGTI
RGTI
RPT
RPT
Q4 25
$546.2M
$291.6M
Q3 25
$371.8M
$291.7M
Q2 25
$553.3M
$294.7M
Q1 25
$207.1M
$296.1M
Q4 24
$126.6M
Q3 24
$122.8M
Q2 24
$122.2M
Q1 24
$115.6M
Total Assets
RGTI
RGTI
RPT
RPT
Q4 25
$666.6M
$1.0B
Q3 25
$630.3M
$1.0B
Q2 25
$636.7M
$1.0B
Q1 25
$269.1M
$1.0B
Q4 24
$284.8M
Q3 24
$157.3M
Q2 24
$162.4M
Q1 24
$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
RGTI
RGTI
RPT
RPT
Operating Cash FlowLast quarter
$-14.9M
$-8.3M
Free Cash FlowOCF − Capex
$-19.5M
FCF MarginFCF / Revenue
-1042.5%
Capex IntensityCapex / Revenue
244.8%
Cash ConversionOCF / Net Profit
-2.56×
TTM Free Cash FlowTrailing 4 quarters
$-77.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RGTI
RGTI
RPT
RPT
Q4 25
$-14.9M
$-8.3M
Q3 25
$-13.8M
$-5.8M
Q2 25
$-16.2M
$-25.0K
Q1 25
$-13.7M
$-1.6M
Q4 24
$-8.5M
Q3 24
$-15.4M
Q2 24
$-13.5M
Q1 24
$-13.1M
Free Cash Flow
RGTI
RGTI
RPT
RPT
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
RGTI
RGTI
RPT
RPT
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
RGTI
RGTI
RPT
RPT
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
RGTI
RGTI
RPT
RPT
Q4 25
-2.56×
Q3 25
Q2 25
-0.01×
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

RGTI
RGTI

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

RPT
RPT

Segment breakdown not available.

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