Rigetti Computing Inc (RGTI) FinancialsRGTIRigetti Computing Inc

Rigetti Computing, Inc. (RGTI) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Access to quantum computing systems, accounting for 79.8% of total sales, equivalent to $4.10M. Other significant revenue streams include Collaborative research and other professional services and Quantum computing components. Understanding this composition is critical for investors evaluating how RGTI navigates market cycles within the Semiconductors industry.

Evaluating the bottom line, Rigetti Computing, Inc. maintains a gross margin of 42.58%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -546.17%, while the net margin is -1023.86%. These profitability ratios, combined with a Return on Equity (ROE) of -43.77%, provide a clear picture of how effectively RGTI converts its operational activities into shareholder value.

In the context of the broader market, RGTI competes directly with industry leaders such as NATL and QBTS. With a market capitalization of $3.82B, it holds a significant position in the sector. When comparing efficiency, RGTI's gross margin of 42.58% stands against NATL's 28.01% and QBTS's 55.40%. Such benchmarking helps identify whether Rigetti Computing, Inc. is trading at a premium or discount relative to its financial performance.

Rigetti's financial performance shows a troubling trend with Q2 2026 revenue at $5.1 million and an operating loss of $28.1 million. The gross margin for Q2 2026 is 42.58%, but the overall financial health is questionable given the high losses and fluctuating revenues.