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RIGETTI COMPUTING INC (RGTI) Stock Fundamental Analysis

NASDAQ:RGTI - US76655K1034 - Common Stock

16.23 USD
-0.35 (-2.11%)
Last: 8/29/2025, 8:00:01 PM
16.2 USD
-0.03 (-0.18%)
After Hours: 8/29/2025, 8:00:01 PM
Fundamental Rating

4

RGTI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 110 industry peers in the Semiconductors & Semiconductor Equipment industry. No worries on liquidiy or solvency for RGTI as it has an excellent financial health rating, but there are worries on the profitability. RGTI is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year RGTI has reported negative net income.
In the past year RGTI has reported a negative cash flow from operations.
RGTI had negative earnings in each of the past 5 years.
In the past 5 years RGTI always reported negative operating cash flow.
RGTI Yearly Net Income VS EBIT VS OCF VS FCFRGTI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 -50M -100M -150M -200M

1.2 Ratios

RGTI's Return On Assets of -25.89% is on the low side compared to the rest of the industry. RGTI is outperformed by 85.45% of its industry peers.
RGTI has a Return On Equity of -29.79%. This is in the lower half of the industry: RGTI underperforms 79.09% of its industry peers.
Industry RankSector Rank
ROA -25.89%
ROE -29.79%
ROIC N/A
ROA(3y)-50.88%
ROA(5y)-47.83%
ROE(3y)-91.47%
ROE(5y)-94.71%
ROIC(3y)N/A
ROIC(5y)N/A
RGTI Yearly ROA, ROE, ROICRGTI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 -50 -100 -150

1.3 Margins

RGTI's Gross Margin of 40.57% is on the low side compared to the rest of the industry. RGTI is outperformed by 60.00% of its industry peers.
In the last couple of years the Gross Margin of RGTI has declined.
RGTI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 40.57%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.28%
GM growth 5YN/A
RGTI Yearly Profit, Operating, Gross MarginsRGTI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 -500 -1K -1.5K

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8

2. Health

2.1 Basic Checks

RGTI does not have a ROIC to compare to the WACC, probably because it is not profitable.
RGTI has more shares outstanding than it did 1 year ago.
There is no outstanding debt for RGTI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
RGTI Yearly Shares OutstandingRGTI Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
RGTI Yearly Total Debt VS Total AssetsRGTI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

2.2 Solvency

An Altman-Z score of 37.85 indicates that RGTI is not in any danger for bankruptcy at the moment.
RGTI's Altman-Z score of 37.85 is amongst the best of the industry. RGTI outperforms 93.64% of its industry peers.
There is no outstanding debt for RGTI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 37.85
ROIC/WACCN/A
WACC11.7%
RGTI Yearly LT Debt VS Equity VS FCFRGTI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

2.3 Liquidity

A Current Ratio of 41.57 indicates that RGTI has no problem at all paying its short term obligations.
RGTI has a Current ratio of 41.57. This is amongst the best in the industry. RGTI outperforms 100.00% of its industry peers.
RGTI has a Quick Ratio of 41.57. This indicates that RGTI is financially healthy and has no problem in meeting its short term obligations.
RGTI's Quick ratio of 41.57 is amongst the best of the industry. RGTI outperforms 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 41.57
Quick Ratio 41.57
RGTI Yearly Current Assets VS Current LiabilitesRGTI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 50M 100M 150M 200M

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6

3. Growth

3.1 Past

The earnings per share for RGTI have decreased strongly by -88.51% in the last year.
Looking at the last year, RGTI shows a very negative growth in Revenue. The Revenue has decreased by -37.22% in the last year.
The Revenue has been growing by 24.88% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-88.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
Revenue 1Y (TTM)-37.22%
Revenue growth 3Y24.88%
Revenue growth 5YN/A
Sales Q2Q%-41.64%

3.2 Future

RGTI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.60% yearly.
RGTI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 68.62% yearly.
EPS Next Y78.22%
EPS Next 2Y34.4%
EPS Next 3Y22.05%
EPS Next 5Y18.6%
Revenue Next Year-26.2%
Revenue Next 2Y40.59%
Revenue Next 3Y50.79%
Revenue Next 5Y68.62%

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
RGTI Yearly Revenue VS EstimatesRGTI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M
RGTI Yearly EPS VS EstimatesRGTI Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 -0.2 -0.4 -0.6 -0.8

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1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for RGTI. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for RGTI. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
RGTI Price Earnings VS Forward Price EarningsRGTI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 -50

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
RGTI Per share dataRGTI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 1 1.5

4.3 Compensation for Growth

RGTI's earnings are expected to grow with 22.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y34.4%
EPS Next 3Y22.05%

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0

5. Dividend

5.1 Amount

RGTI does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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RIGETTI COMPUTING INC

NASDAQ:RGTI (8/29/2025, 8:00:01 PM)

After market: 16.2 -0.03 (-0.18%)

16.23

-0.35 (-2.11%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)08-12 2025-08-12/amc
Earnings (Next)11-10 2025-11-10/amc
Inst Owners32.08%
Inst Owner Change33.19%
Ins Owners0.43%
Ins Owner Change-4.23%
Market Cap5.26B
Analysts81.54
Price Target19.21 (18.36%)
Short Float %14.91%
Short Ratio1.02
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-62.62%
Min EPS beat(2)-106.4%
Max EPS beat(2)-18.84%
EPS beat(4)1
Avg EPS beat(4)-202.09%
Min EPS beat(4)-699.1%
Max EPS beat(4)15.96%
EPS beat(8)3
Avg EPS beat(8)-101.36%
EPS beat(12)4
Avg EPS beat(12)-69.89%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-24.59%
Min Revenue beat(2)-43.43%
Max Revenue beat(2)-5.76%
Revenue beat(4)0
Avg Revenue beat(4)-22.51%
Min Revenue beat(4)-43.43%
Max Revenue beat(4)-5.76%
Revenue beat(8)1
Avg Revenue beat(8)-14.96%
Revenue beat(12)4
Avg Revenue beat(12)-10.1%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)24.18%
PT rev (3m)27.25%
EPS NQ rev (1m)4.09%
EPS NQ rev (3m)37.5%
EPS NY rev (1m)-10.81%
EPS NY rev (3m)-24.24%
Revenue NQ rev (1m)-10.62%
Revenue NQ rev (3m)-49.29%
Revenue NY rev (1m)-8.02%
Revenue NY rev (3m)-31.05%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 663.88
P/FCF N/A
P/OCF N/A
P/B 9.51
P/tB 9.51
EV/EBITDA N/A
EPS(TTM)-0.89
EYN/A
EPS(NY)-0.19
Fwd EYN/A
FCF(TTM)-0.2
FCFYN/A
OCF(TTM)-0.17
OCFYN/A
SpS0.02
BVpS1.71
TBVpS1.71
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -25.89%
ROE -29.79%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 40.57%
FCFM N/A
ROA(3y)-50.88%
ROA(5y)-47.83%
ROE(3y)-91.47%
ROE(5y)-94.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.28%
GM growth 5YN/A
F-Score4
Asset Turnover0.01
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 161.4%
Cap/Sales 148.57%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 41.57
Quick Ratio 41.57
Altman-Z 37.85
F-Score4
WACC11.7%
ROIC/WACCN/A
Cap/Depr(3y)202.21%
Cap/Depr(5y)N/A
Cap/Sales(3y)117.3%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-88.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
EPS Next Y78.22%
EPS Next 2Y34.4%
EPS Next 3Y22.05%
EPS Next 5Y18.6%
Revenue 1Y (TTM)-37.22%
Revenue growth 3Y24.88%
Revenue growth 5YN/A
Sales Q2Q%-41.64%
Revenue Next Year-26.2%
Revenue Next 2Y40.59%
Revenue Next 3Y50.79%
Revenue Next 5Y68.62%
EBIT growth 1Y-15.96%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year18.85%
EBIT Next 3Y12.82%
EBIT Next 5Y11.34%
FCF growth 1Y17.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.13%
OCF growth 3YN/A
OCF growth 5YN/A