Company research
Rigetti Computing, Inc.
CIK 1838359Updated Sep 25, 2026
Name history
Supernova Partners Acquisition Co II, Ltd. · through Mar 1, 2022
RGTI price & chart
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NASDAQ:RGTI on TradingView ↗About the company
Rigetti is a pioneer in full-stack quantum computing. Rigetti quantum computers are based on superconducting qubits, which are widely believed to be the leading qubit modality given their maturity, clear path to scaling, and fast gate speeds. Rigetti quantum computing systems achieve gate speeds of 50-70 nanoseconds, which is about 10,000 times faster than trapped-ion systems and 100 times faster than neutral-atom systems.
In the news
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Rigetti Computing to Report First Quarter 2026 Financial Results and Host Conference Call on May 11, 2026 ↗
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Recent filings
4 filing
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD Disclosure · Other Events
Items 1.01, 3.02, 7.01, 8.01, 9.01
4 filing
144 filing
144 filing
Show 5 more recent filings
4 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure · Other Events
Items 5.02, 7.01, 8.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 666,574,000Source | 284,787,000Source | 159,913,000Source | 203,442,000Source |
| Property, Plant and Equipment, NetUSD | 57,051,000Source | 44,643,000Source | 44,483,000Source | 39,530,000Source |
| GoodwillUSD | — | — | — | 0Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 44,851,000Source | 67,674,000Source | 21,392,000Source | 57,888,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,551,000Source | 2,427,000Source | 5,029,000Source | 6,235,000Source |
| Assets, CurrentUSD | 454,760,000Source | 206,758,000Source | 107,667,000Source | 154,467,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | 2,709,000Source | 2,450,000Source |
| Operating Lease, Right-of-Use AssetUSD | 6,411,000Source | 7,993,000Source | 7,634,000Source | 9,316,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 120,375,000Source | 158,198,000Source | 50,325,000Source | 53,218,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 33,000Source | 29,000Source | 14,000Source | 12,000Source |
| Retained Earnings (Accumulated Deficit)USD | -770,957,000Source | -554,747,000Source | -353,759,000Source | -278,652,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 997,000Source | 105,000Source | 244,000Source | -161,000Source |
| Stockholders' Equity Attributable to ParentUSD | 546,199,000Source | 126,589,000Source | 109,588,000Source | 150,224,000Source |
| Additional Paid in Capital, Common StockUSD | 1,316,126,000Source | 681,202,000Source | 463,089,000Source | 429,025,000Source |
| Liabilities and EquityUSD | 666,574,000Source | 284,787,000Source | 159,913,000Source | 203,442,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 12,152,000Source | 11,867,000Source | 29,052,000Source | 21,752,000Source |
| Operating Lease, Liability, CurrentUSD | 2,235,000Source | 2,159,000Source | 2,210,000Source | 2,345,000Source |
| Accounts Payable, CurrentUSD | 3,488,000Source | 1,590,000Source | 5,772,000Source | 1,938,000Source |
| Operating Lease, Liability, NoncurrentUSD | 4,932,000Source | 6,641,000Source | 6,297,000Source | 7,858,000Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | — | — | 343,000Source | 961,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 0Source | 9,894,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -216,210,000Source | -200,988,000Source | -75,107,000Source | -71,521,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 8,100,000Source | 6,900,000Source | 7,400,000Source | 7,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 17,605,000Source | 13,069,000Source | 12,409,000Source | 44,812,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 124,000Source | -2,602,000Source | -1,206,000Source | 4,692,000Source |
| Increase (Decrease) in Accounts PayableUSD | 111,000Source | -1,036,000Source | 895,000Source | -707,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -58,543,000Source | -50,627,000Source | -50,579,000Source | -62,689,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -403,328,000Source | -78,362,000Source | 773,000Source | -107,024,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 18,676,000Source | 11,098,000Source | 9,059,000Source | 22,737,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | 6,272,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 439,086,000Source | 175,459,000Source | 13,230,000Source | 215,454,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -22,823,000Source | 46,282,000Source | -36,496,000Source | 45,842,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | 57,888,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | 2,350,000Source | 4,340,000Source | 3,819,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -38,000Source | -188,000Source | 80,000Source | 101,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 17,605,000Source | 13,069,000Source | 12,409,000Source | 44,812,000Source |
| Amortization of Debt Issuance CostsUSD | 0Source | 844,000Source | 1,453,000Source | 917,000Source |
| DepreciationUSD | 8,169,000Source | 6,906,000Source | 7,426,000Source | 7,017,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -426,000Source | — | — |
| General and Administrative ExpenseUSD | 25,379,000Source | 24,457,000Source | 27,744,000Source | 47,632,000Source |
| GoodwillUSD | — | — | — | 0Source |
| Goodwill, Impairment LossUSD | — | — | 0Source | 5,377,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| InterestExpenseNonoperatingUSD | 0Source | 3,255,000Source | — | — |
| Investment Income, InterestUSD | 16,561,000Source | 5,113,000Source | 5,076,000Source | 2,433,000Source |
| Net Income (Loss) Attributable to ParentUSD | -216,210,000Source | -200,988,000Source | -75,107,000Source | -71,521,000Source |
| Nonoperating Income (Expense)USD | -131,550,000Source | -132,478,000Source | -2,812,000Source | 37,559,000Source |
| Operating ExpensesUSD | 86,724,000Source | 74,207,000Source | 81,503,000Source | 119,309,000Source |
| Operating Lease, ExpenseUSD | 900,000Source | 900,000Source | — | — |
| Proceeds from Issuance of Common StockUSD | 0Source | 12,838,000Source | 20,544,000Source | — |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 251,000,000Source | 157,500,000Source | 119,084,000Source | — |
| Proceeds from Stock Options ExercisedUSD | 1,992,000Source | 600,000Source | 1,100,000Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 7,088,000Source | 10,790,000Source | 12,008,000Source | 13,102,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 923,000Source | 66,000Source | 325,000Source | 314,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | — | — | — | 13,102,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -84,660,000Source | -68,510,000Source | -72,295,000Source | -109,080,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -216,210,000Source | -200,988,000Source | -75,107,000Source | -71,521,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -216,210,000Source | -200,988,000Source | -75,107,000Source | -71,521,000Source |
| Earnings Per Share, BasicUSD per share | -0.7Source | -1.09Source | -0.57Source | -0.7Source |
| Earnings Per Share, DilutedUSD per share | -0.7Source | -1.09Source | -0.57Source | -0.7Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 309,763,000Source | 184,666,000Source | 131,977,000Source | 102,300,852Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 309,763,000Source | 184,666,000Source | 131,977,000Source | 102,300,852Source |
| Interest Expense (non-operating)USD | 0Source | 3,255,000Source | — | — |
| Additional Financial Items | ||||
| General and Administrative ExpenseUSD | 25,379,000Source | 24,457,000Source | 27,744,000Source | 47,632,000Source |
| Goodwill, Impairment LossUSD | — | — | 0Source | 5,377,000Source |
| Gross ProfitUSD | 2,064,000Source | 5,697,000Source | 9,208,000Source | 10,229,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -213,875,000Source | -198,588,000Source | -71,331,000Source | -67,677,000Source |
| Interest ExpenseUSD | — | — | 5,779,000Source | 5,286,000Source |
| Investment Income, InterestUSD | 16,561,000Source | 5,113,000Source | 5,076,000Source | 2,433,000Source |
| Nonoperating Income (Expense)USD | -131,550,000Source | -132,478,000Source | -2,812,000Source | 37,559,000Source |
| Operating ExpensesUSD | 86,724,000Source | 74,207,000Source | 81,503,000Source | 119,309,000Source |
| Operating Lease, ExpenseUSD | 900,000Source | 900,000Source | — | — |
| Other IncomeUSD | — | — | — | 0Source |
| Research and Development ExpenseUSD | 61,345,000Source | 49,750,000Source | 52,768,000Source | 59,952,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 7,088,000Source | 10,790,000Source | 12,008,000Source | 13,102,000Source |
| Selling and Marketing ExpenseUSD | — | — | — | 6,348,000Source |
Filing attachments
tm2624940d1_ex99-1.htm · 8-K · 2026-09-08
EX-99.1 4 tm2624940d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Rigetti Signs Definitive Agreement for $100M with U.S. Government to Accelerate R&D for Superconducting Quantum Computing Rigetti announces that it has signed a definitive agreement with the U.S. Department of Commerce for an award of $100 million to accelerate R&D projects addressing key technical challenges in scaling and advancing superconducting quantum computers. Berkeley, CA, September 8, 2026 -- Rigetti Computing, Inc. (Nas…
Read attachment ↗tm2623611d1_ex99-1.htm · 8-K · 2026-08-20
EX-99.1 2 tm2623611d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Rigetti Computing Establishes Dedicated Systems Delivery Organization to Scale Customer Deployments and Advance Quantum Processor Roadmap David Rivas appointed to newly created Chief Operating Officer role; Andrew Bestwick, Ph. D. appointed Chief Technology Officer BERKELEY, Calif. - August 19, 2026 - Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti”), a pioneer in full-stack quantum computing, today announced a new operating stru…
Read attachment ↗rgti-20260806xex99d1.htm · 8-K · 2026-08-06
EX-99.1 2 rgti-20260806xex99d1.htm EX-99.1 Exhibit 99.1 Rigetti Computing Reports Second Quarter 2026 Financial Results Growing demand for Rigetti’s quantum systems, progress on the technology roadmap, and strategic U.S. government support BERKELEY, Calif., August 6, 2026 -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced financial results for the second quarter ended June 30, 2026 and provided an up…
Read attachment ↗tm2615300d1_ex99-1.htm · 8-K · 2026-05-21
EX-99.1 2 tm2615300d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Rigetti Signs Letter of Intent with U.S. Government for Quantum Computing Research Rigetti announces that it has signed a letter of intent with the U.S. Department of Commerce for an award of up to $100 million to accelerate R&D projects addressing key technical challenges in scaling and advancing superconducting quantum computers. Berkeley, CA -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in fu…
Read attachment ↗rgti-20260511xex99d1.htm · 8-K · 2026-05-11
EX-99.1 2 rgti-20260511xex99d1.htm EX-99.1 Exhibit 99.1 Rigetti Computing Reports First Quarter 2026 Financial Results Continued execution driven by 108-qubit system availability, customer deployments, and international expansion BERKELEY, Calif., May 11, 2026 -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced financial results for the first quarter ended March 31, 2026 and provided an update on rece…
Read attachment ↗tm2611278d1_ex99-1.htm · 8-K · 2026-04-07
EX-99.1 2 tm2611278d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Rigetti Announces General Availability of 108-Qubit System Cepheus-1-108Q validates Rigetti’s proprietary chiplet-based scaling architecture and is now generally available to Rigetti’s customers and partners via the Rigetti Quantum Cloud Services platform and through Amazon Braket, the quantum computing service by AWS. Berkeley, CA -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quan…
Read attachment ↗