CSIMarket
 
Rigetti Computing Inc   (NASDAQ: RGTI)
 
Price: $15.5100 $0.35 2.309%
Day's High: $15.649999618530273 Week Perf: 2.04 %
Day's Low: $ 15.08 30 Day Perf: -15.8 %
Volume (M): 4,368,845 52 Wk High: $ 58.15
Volume (M$): $ 0 52 Wk Avg: $22.34
Open: $15.32 52 Wk Low: $12.53



 Market Capitalization (Millions $) 5,168
 Shares Outstanding (Millions) 333
 Employees 164
 Revenues (TTM) (Millions $) 14
 Net Income (TTM) (Millions $) -239
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 27

Business Description


Rigetti Computing Inc is a quantum computing company based in California, USA. Founded in 2013 by Chad Rigetti, the company focuses on developing and providing access to quantum computers and related software and services.

Rigetti Computing aims to build and deliver practical quantum systems that can solve real-world problems. They design and fabricate their own quantum processors and leverage their expertise in classical computing to develop software tools and algorithms for quantum computing.

The company offers a cloud-based platform called Forest, which provides developers with tools to write, simulate, and execute quantum programs. Forest includes a high-level programming language called Quil and a compiler that translates Quil code into machine instructions for the quantum hardware.

Rigetti Computing's quantum computers utilize a different approach called superconducting quantum computing compared to other companies in the field such as IBM and Google. They work towards increasing the overall performance, scalability, and resilience of their quantum systems.

In addition to their quantum computing efforts, Rigetti Computing is also involved in quantum networking and quantum machine learning research. They collaborate with academic institutions, research organizations, and industry partners to advance the field of quantum computing.

As of 2021, Rigetti Computing remains at the forefront of the quantum computing industry, striving to make quantum technology more accessible and applicable for various domains and industries.


   Company Address: 775 Heinz Avenue Berkeley 94710 CA
   Company Phone Number: 210-5550   Stock Exchange / Ticker: NASDAQ RGTI


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
QBTS        1.07% 
AMZN   -0.89%    
HON   -2.37%    
IBM        2.56% 
MSFT   -2.83%    
NVDA   -3.1%    
• View Complete Report
   



Partnership

Rigetti and Indias Centre for Development of Advanced Computing Announce MOU to Explore Co-Development of Hybrid Quan...

Published Tue, Sep 2 2025 1:17 PM UTC

A Quantum Leap in Partnerships: Rigetti Computing Allies with India s C-DAC Amidst Financial HurdlesIn the intricate dance of technological advancement, partnerships between innovators stand out as transformative waltzes. Recently, Berkeley-based Rigetti Computing, Inc., a trailblazer in the dynamic field of quantum-classical computing, announced a pivotal collaboration tha...

Partnership

Enhancing Quantum Computing QphoX, Rigetti, and NQCC Unveil Strategic Collaboration on Optical Readout Innovations

Published Tue, May 6 2025 12:53 PM UTC

In a significant advancement for the field of quantum computing, QphoX, Rigetti Computing, and the Netherlands Quantum Computing Consortium (NQCC) have announced a groundbreaking collaboration aimed at developing a multi-channel optical readout system for quantum processors. This ambitious initiative stands to enhance the fidelity and efficiency of quantum measurements, ther...

Shares

Rigetti Computing Secures $100 Million through Registered Direct Offering: A Quantum Leap Forward

Published Tue, Nov 26 2024 1:01 PM UTC

In an ambitious financial maneuver, Rigetti Computing, Inc. (Nasdaq: RGTI), a leading innovator in the realm of quantum computing, announced a significant milestone with the successful pricing of a registered direct offering. This move is both strategic and forward-thinking, aimed at bolstering the company s financial position while potentially attracting attention within th...

Shares

Rigetti Computing Raises $100 Million to Strengthen Leadership in Quantum-Classical Computing

Published Mon, Nov 25 2024 1:01 PM UTC

Rigetti Computing Combines Quantum Innovation with Financial GrowthIn a significant move that underscores its commitment to advancing quantum technology, Rigetti Computing, Inc. (Nasdaq: RGTI) has announced the successful completion of its at-the-market equity offering program, raising $100 million in gross proceeds. This pivotal announcement comes just months after the init...

Product Service News

Quantum Leap Rigetti CEO Dr. Subodh Kulkarni to Explore Quantum Computings Impact on National Security at Stanford C...

Published Mon, Oct 7 2024 12:30 PM UTC

Quantum Computing s Role in National Security: Insights from Rigetti CEO Dr. Subodh Kulkarni In a world increasingly shaped by rapid technological advances, the intersection of technology and national security is of paramount importance. Next week, this critical topic will take center stage at the second annual Stanford Conference on Technology + National Security, where lea...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 380.80
Price to Sales (Expected) -
Price to Book 9.62
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.26
Working Capital Ratio 3.94
Leverage Ratio (MRQ) 0.21
Total Debt to Equity -
Interest Coverage (TTM) -
Debt Coverage (TTM) -

Per Share Current
Earnings (TTM) -0.9 $
Revenues (TTM) 0.04 $
Cash Flow (TTM) -
Cash 0.08 $
Book Value 1.61 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 82,756
Net Income per Employee (TTM) -1,455,317
Receivable Turnover Ratio (TTM) 4.15
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.02

Profitability Ratios Current
Gross Margin (MRQ) 42.58 %
Operating Margin (MRQ) -546.17 %
Net Margin (MRQ) -1023.86 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Rigetti Computing Inc's Segments
Collaborative Research and Other Professional Services    43.81 % of total Revenue
Sales of quantum computers and quantum components    139.04 % of total Revenue
Access to quantum computing systems    2.78 % of total Revenue
Single reportable segment    185.64 % of total Revenue





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