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Rigetti Computing, Inc. RGTI Q4 2024 Annual earnings

Reported March 5, 2025 · After market close

Revenue estimate$2.5M
EPS estimate-$0.08

Next report

Aug 11, 2026 (In 2 weeks)
Revenue estimate$5.1M
EPS estimate-$0.03

Financials

Q4 2024

Income statement

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Revenue$2.3M-32.6%
Gross profit$1.0M-60.1%
Operating income-$18.5M-7.5%
Net income-$153.0M-1,117%
EPS (diluted)-$0.81-800%

Balance sheet

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Cash & equivalents$67.7M+216%
Total debt$8.8M-71.2%
Total equity$126.6M+15.5%
Total assets$284.8M+78.1%

Cash flow

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Operating cash flow-$8.5M+31.2%
CapEx$1.3M-17.2%
Free cash flow-$9.8M+29.7%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$4.27B+2,987%
Enterprise value$4.21B+2,756%
P/S396.1×+385×

Profitability

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Gross margin52.8%-23.9pp
Operating margin-634.9%+36.7pp
Net margin-1,862.7%-3,767pp
FCF margin-572.1%+102pp

Returns & leverage

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Return on equity-170.2%-351pp
Debt / equity0.1×-0.2×
Current ratio17.4×+13.7×

Segments

By geography

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Europe$1.5M+226%
Asia$152.0K

By product

See full
Collaborative Research And Other Professional Services$1.2M-11.4%
Access To Quantum Computing Systems$64.0K-75.8%

By segment

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Single Reportable$2.3M-24.3%

Versus estimates

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Questions, answered.

When did Rigetti Computing, Inc. report Q4 2024 earnings?
Rigetti Computing, Inc. (RGTI) reported Q4 2024 earnings on March 5, 2025 after market close.
What were Rigetti Computing, Inc.'s Q4 2024 revenue and EPS?
Rigetti Computing, Inc. reported revenue of $2.3M and diluted EPS of $-0.08 for Q4 2024.
Did Rigetti Computing, Inc. beat estimates in Q4 2024?
Revenue missed the consensus estimate of $2.5M by $226.0K. EPS beat the consensus estimate of $-0.08 by $0.00.
Where can I find Rigetti Computing, Inc.'s Q4 2024 SEC filings?
You can read the 10-K periodic report (0001558370-25-002499) directly on SEC EDGAR. The filing index links above go to sec.gov.