Rigetti Computing, Inc. (RGTI) income statement
NASDAQ · Technology · Computer Hardware · 163 employees · CEO Subodh K. Kulkarni
- Price
- $11.25 -6.72%
- Market cap
- $3.75B
- Enterprise value
- $3.73B
- Last report
- Q2 '26 filed 2026-08-06
- Next report
- 2026-11-10 EPS est. -$0.05
Rigetti Computing, Inc. (RGTI) reported revenue of $5.14M for Q2 '26 (+185.3% year on year), operating income of -$28.1M (-546.2% of revenue) and net income of -$52.6M. Over the last four quarters revenue was $13.4M.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.11M | $3.38M | $3.05M | $3.09M | $2.38M | $2.27M | $1.47M | $1.8M | $1.95M | $1.87M | $4.4M | $5.14M | |
| Cost of revenue | $834K | $2.3M | $3.34M | $1.1M | $1.17M | $1.27M | $1.03M | $1.24M | $1.54M | $3.59M | $5.64M | $2.95M | |
| Gross profit | $2.27M | $1.08M | -$287K | $1.99M | $1.2M | $1M | $442K | $566K | $404K | -$1.72M | -$1.24M | $2.19M | |
| Research & development | $13.1M | $11.3M | $9.68M | $11.9M | $12.8M | $13.7M | $15.5M | $13.5M | $15M | $17.3M | $20M | $20.7M | |
| General & administrative | $6.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.37M | $9.52M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $6.62M | $6.93M | $5.93M | $0 | -$2.62M | $0 | |
| Operating expenses | $19.1M | $18.3M | $16.3M | $18.1M | $18.6M | $19.5M | $22.1M | $20.4M | $21M | $20.9M | $24.7M | $30.3M | |
| Operating income | -$16.8M | -$17.2M | -$16.6M | -$16.1M | -$17.3M | -$18.5M | -$21.6M | -$19.9M | -$20.5M | -$22.6M | -$26M | -$28.1M | |
| Interest income | $1.26M | $1.33M | $1.12M | $1.22M | $1.23M | $1.55M | $2.15M | $3.04M | $5.6M | $5.77M | $5.36M | $5.06M | |
| Interest expense | $1.47M | $1.27M | $1.11M | $969K | $733K | $446K | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | $3.91M | -$5.9M | $3.08M | -$4.63M | -$3.25M | $134M | -$64.3M | $19.8M | $180M | -$4.39M | -$59.1M | $24.5M | |
| Total non-operating income | -$5.38M | $4.64M | -$4.19M | $3.66M | $2.51M | -$134M | $64.3M | -$19.8M | -$180M | $4.39M | $59.1M | -$24.5M | |
| Income before tax | -$22.2M | -$12.6M | -$20.8M | -$12.4M | -$14.8M | -$153M | $42.6M | -$39.7M | -$201M | -$18.2M | $33.1M | -$52.6M | |
| Net income | -$22.2M | -$12.6M | -$20.8M | -$12.4M | -$14.8M | -$153M | $42.6M | -$39.7M | -$201M | -$18.2M | $33.1M | -$52.6M | |
| EPS (basic) | -$0.17 | -$0.09 | -$0.14 | -$0.07 | -$0.08 | -$0.80 | $0.15 | -$0.13 | -$0.62 | -$0.06 | $0.10 | -$0.16 | |
| EPS (diluted) | -$0.17 | -$0.09 | -$0.14 | -$0.07 | -$0.08 | -$0.80 | $0.15 | -$0.13 | -$0.62 | -$0.06 | -$0.06 | -$0.16 | |
| Shares (basic, weighted) | 134M | 141M | 152M | 172M | 188M | 185M | 285M | 298M | 325M | 310M | 332M | 333M | |
| Shares (diluted, weighted) | 134M | 141M | 152M | 172M | 188M | 185M | 302M | 298M | 325M | 310M | 335M | 333M | |
| Depreciation & amortization | $2.13M | $1.05M | $1.79M | $1.55M | $1.82M | $1.75M | $1.83M | $1.89M | $2.07M | $2.37M | $2.62M | $2.87M | |
| EBITDA | -$18.6M | -$10.3M | -$17.9M | -$9.91M | -$12.3M | -$151M | $44.4M | -$37.8M | -$199M | -$15.8M | $35.7M | -$49.7M |
| Income statement | Trend | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $735K | $5.54M | $8.2M | $13.1M | $12M | $10.8M | $7.09M | |
| Cost of revenue | $288K | $1.49M | $6.27M | $2.87M | $2.8M | $5.09M | $13.2M | |
| Gross profit | $447K | $4.05M | $1.92M | $10.2M | $9.21M | $5.7M | -$6.11M | |
| Research & development | $29.4M | $24.1M | $26.9M | $60M | $52.8M | $49.8M | $61.3M | |
| Sales & marketing | $2.54M | $1.89M | $2.7M | $6.35M | $0 | $0 | $0 | |
| General & administrative | $16.2M | $13.2M | $12.3M | $47.6M | $0 | $0 | $0 | |
| Other operating expenses | $0 | $0 | -$5.9M | $5.38M | $991K | $0 | $0 | |
| Operating expenses | $48.1M | $39.1M | $36.1M | $119M | $81.5M | $74.2M | $78.6M | |
| Operating income | -$47.7M | -$35.1M | -$34.1M | -$109M | -$72.3M | -$68.5M | -$84.7M | |
| Interest income | $671K | $0 | $10K | $2.43M | $5.08M | $5.11M | $16.6M | |
| Interest expense | $0 | $0 | $2.47M | $5.29M | $5.78M | $3.26M | $0 | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $1.65M | -$42.8M | -$2.97M | $129M | $132M | |
| Total non-operating income | -$6.11M | $8.96M | -$4.11M | $37.6M | -$2.81M | -$132M | -$132M | |
| Income before tax | -$53.8M | -$26.1M | -$38.2M | -$71.5M | -$75.1M | -$201M | -$216M | |
| Net income | -$53.8M | -$26.1M | -$38.2M | -$71.5M | -$75.1M | -$201M | -$216M | |
| EPS (basic) | -$0.47 | -$0.40 | -$2.10 | -$0.70 | -$0.57 | -$1.09 | -$0.70 | |
| EPS (diluted) | -$0.47 | -$0.40 | -$2.10 | -$0.70 | -$0.57 | -$1.09 | -$0.70 | |
| Shares (basic, weighted) | 114M | 43.1M | 18.2M | 102M | 132M | 185M | 310M | |
| Shares (diluted, weighted) | 114M | 43.1M | 18.2M | 102M | 132M | 185M | 310M | |
| Depreciation & amortization | $3.94M | $4.3M | $4.65M | $7.02M | $7.43M | $6.91M | $8.17M | |
| EBITDA | -$43.8M | -$30.8M | -$31.1M | -$59.2M | -$61.9M | -$191M | -$208M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02