Rigetti Computing, Inc. (RGTI)

14.09 -0.1 (-0.69%)

As of 2026-04-02 18:59:47 EST

Rigetti Computing, Inc. is an American 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.

Traded asNasdaq: RGTI
ISINUS76655K1034
CIK0001838359
LEI52990024JHY459DH8W71
EIN
SectorQuantum computing
IndustryServices-Computer Programming Services
CEOSubodh Kulkarni
Employees140
Fiscal Year End1231
Address775 HEINZ AVENUE, BERKELEY, CA, 94710
Phone(510) 210-5550
Websitehttp://rigetti.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
RGTIRigetti Computing, Inc.2026-04-02 18:59:4714.09-0.1-0.69
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
RGTI0001838359Rigetti Computing, Inc.US76655K103452990024JHY459DH8W71Nasdaq7371Services-Computer Programming Services1231DE775 HEINZ AVENUEBERKELEYCA94710UNITED STATESUS(510) 210-5550775 HEINZ AVENUE, BERKELEY, CA, 94710775 HEINZ AVENUE, BERKELEY, CA, 94710Supernova Partners Acquisition Co II, Ltd.Quantum computing2013Subodh Kulkarni140http://rigetti.com3,820,000,000331,282,895332,150,557Rigetti Computing, Inc. is an American 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.2026-04-02 16:27:43
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RGTI Stock Price (End-of-Day)
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RGTI Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20253,820,000,0003,654,000,0002,201.2048332,150,55746,322,51016.2064
2024166,000,00038,400,00030.094285,828,047126,947,02579.9007
2023127,600,000-10,000,000-7.2674158,881,02230,126,75523.3986
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Jeffrey BertelsenChief Financial Officer2024315,00000118,1252611,300,886
Dr. Subodh KulkarniChief Executive Officer, President2024614,25000459,9002612,261,211
David RivasChief Technology Officer2024362,25001,015,000135,8442611,513,355
Rick DanisCorporate Secretary, General Counsel2023387,5220272,72781,8851,9781,442,381
Dr. Subodh KulkarniChief Executive Officer, President2023578,90600307,400130,3842,066,690
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Employee Count
Fiscal YearEmployee Count
2025164
2024140
2023134
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Income Statements
Fiscal Year202520242023
Revenue7,088,00010,790,00012,008,000
Cost Of Revenue5,024,0005,093,0002,800,000
Gross Profit2,064,0005,697,0009,208,000
Research And Development Expenses61,345,00049,750,00052,768,000
General And Administrative Expenses25,379,00024,457,00027,744,000
Operating Expenses86,724,00074,207,00081,503,000
Operating Income-84,660,000-68,510,000-72,295,000
Net Income-216,210,000-200,988,000-75,107,000
Earnings Per Share Basic-0.7-1.09-0.57
Earnings Per Share Diluted-0.7-1.09-0.57
Weighted Average Shares Outstanding Basic309,763,000184,666,000131,977,000
Weighted Average Shares Outstanding Diluted309,763,000184,666,000131,977,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents44,851,00067,674,00021,392,000
Marketable Securities Current124,420,00078,537,000
Accounts Receivable2,551,0002,427,0005,029,000
Inventories
Non Trade Receivables
Other Assets Current5,512,0009,081,000
Total Assets Current454,760,000206,758,000107,667,000
Marketable Securities Non Current25,068,000
Property Plant And Equipment57,051,00044,643,00044,483,000
Other Assets Non Current
Total Assets Non Current211,814,00078,029,00052,246,000
Total Assets666,574,000284,787,000159,913,000
Accounts Payable3,488,0001,590,0005,772,000
Deferred Revenue847,000113,000343,000
Short Term Debt012,164,000
Other Liabilities Current
Total Liabilities Current12,152,00011,867,00029,052,000
Long Term Debt09,894,000
Other Liabilities Non Current
Total Liabilities Non Current108,223,000146,331,00021,273,000
Total Liabilities120,375,000158,198,00050,325,000
Common Stock33,00029,00014,000
Retained Earnings-770,957,000-554,747,000-353,759,000
Accumulated Other Comprehensive Income997,000105,000244,000
Total Shareholders Equity546,199,000126,589,000109,588,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization8,100,0006,900,0007,400,000
Share Based Compensation Expense17,605,00013,069,00012,409,000
Other Non Cash Income Expense
Change In Accounts Receivable124,000-2,602,000-1,206,000
Change In Inventories
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable111,000-1,036,000895,000
Change In Other Liabilities
Cash From Operating Activities-58,543,000-50,627,000-50,579,000
Purchases Of Marketable Securities635,652,000224,764,000109,252,000
Sales Of Marketable Securities251,000,000157,500,000119,084,000
Acquisition Of Property Plant And Equipment18,676,00011,098,0009,059,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-403,328,000-78,362,000773,000
Tax Withholding For Share Based Compensation6,272,000
Payments Of Dividends
Issuance Of Common Stock012,838,00020,544,000
Repurchase Of Common Stock
Issuance Of Long Term Debt
Repayment Of Long Term Debt
Other Financing Activities
Cash From Financing Activities439,086,000175,459,00013,230,000
Change In Cash-22,823,00046,282,000-36,496,000
Cash At End Of Period44,851,00067,674,00021,392,000
Income Taxes Paid
Interest Paid02,350,0004,340,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share-0.7-1.09-0.57
Price To Earnings Ratio-31.6429-14-1.7279
Earnings Growth Rate-35.779891.2281-18.5714
Price Earnings To Growth Ratio0.8844-0.15350.093
Book Value Per Share1.76330.68550.8304
Price To Book Ratio12.561822.2611.1861
Ebitda-208,110,000-190,833,000-61,928,000
Enterprise Value2,750,329,160130,650,147.3
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio00.2013
Capital Expenditures20,508,0007,060,00012,353,000
Free Cash Flow-79,051,000-57,687,000-62,932,000
Return On Equity-0.3958-1.5877-0.6854
One Year Beta2.55053.36583.1385
Three Year Beta2.86052.08921.6239
Five Year Beta2.07291.911.6239
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Clifton Michael S.Director2026-02-0950,000D206,250
Fitzgerald AlissaDirector2026-01-0259,316D34,675
Clifton Michael S.Director2025-12-09150,000D503,766
Clifton Michael S.Director2025-12-0964,275D291,975
Clifton Michael S.Director2025-12-0935,725D256,250
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
ADIRONDACK TRUST CO2026-03-3126,2121,86714.0396
Ares Financial Consulting, LLC2026-03-3114,6341,08413.5
Noble Wealth Management PBC2026-03-315,61640014.04
Aspect Partners, LLC2026-03-313,44024514.0408
GOLDMAN SACHS GROUP INC2025-12-3134,330,2851,549,90022.15
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Global X Funds2026-01-31Global X Russell 2000 ETFRSSL144,4802,625,201.60.1895
INVESCO EXCHANGE-TRADED FUND TRUST2026-01-31Invesco RAFI US 1500 Small-Mid ETFPRFZ30,287550,314.790.0206
GOLDMAN SACHS TRUST2026-01-31Class P SharesGMAPX38,012690,678.040.1168
GOLDMAN SACHS TRUST2026-01-31Class R6 SharesGCSUX38,012690,678.040.1168
GOLDMAN SACHS TRUST2026-01-31Investor SharesGDSTX38,012690,678.040.1168
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