Rigetti Computing, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $7.1M | $10.8M | $12.0M | $13.1M | $8.2M |
| Cost of revenue | $5.0M | $5.1M | $2.8M | $2.9M | $1.6M |
| Gross profit | $2.1M | $5.7M | $9.2M | $10.2M | $6.6M |
| Research and development | $61.3M | $49.8M | $52.8M | $60.0M | $26.9M |
| Operating expenses | $86.7M | $74.2M | $81.5M | $119.3M | $40.7M |
| Operating income | -$84.7M | -$68.5M | -$72.3M | -$109.1M | -$34.1M |
| Interest expense | $0 | $3.3M | $5.8M | $5.3M | $2.5M |
| Pretax income | -$216.2M | -$201.0M | -$75.1M | -$71.5M | -$38.2M |
| Income tax expense | $0 | $0 | $0 | $0 | $0 |
| Net income | -$216.2M | -$201.0M | -$75.1M | -$71.5M | -$38.2M |
| Balance Sheet | |||||
| Cash and equivalents | $44.9M | $67.7M | $21.4M | $57.9M | $11.7M |
| Current assets | $454.8M | $206.8M | $107.7M | $154.5M | $18.1M |
| Total assets | $666.6M | $284.8M | $159.9M | $203.4M | $46.4M |
| Current liabilities | $12.2M | $11.9M | $29.1M | $21.8M | $7.6M |
| Total liabilities | $120.4M | $158.2M | $50.3M | $53.2M | $36.4M |
| Total debt | — | — | $22.4M | $30.7M | $27.0M |
| Stockholders' equity | $546.2M | $126.6M | $109.6M | $150.2M | -$71.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$58.5M | -$50.6M | -$50.6M | -$62.7M | -$29.0M |
| Depreciation and amortization | $8.1M | $6.9M | $7.4M | $7.0M | $4.7M |
| Stock-based compensation | $17.6M | $13.1M | $12.4M | $44.8M | $1.8M |
| Capital expenditure | $18.7M | $11.1M | $9.1M | $22.7M | $7.0M |
| Free cash flow | -$77.2M | -$61.7M | -$59.6M | -$85.4M | -$36.1M |
| Impairments | $0 | $0 | $0 | $5.4M | $0 |
Shares outstanding 332.4M · Free float 88.5%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.