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Rigetti Computing, Inc. RGTI Q4 2025 Annual earnings

Reported March 4, 2026 · After market close

Revenue$1.9MMiss by $460.3K
EPS-$0.03Beat by $0.02
Revenue estimate$2.3M
EPS estimate-$0.05

Next report

Nov 9, 2026 (in 2 months)
Revenue estimate$3.7M
EPS estimate-$0.05

Financials

Q4 2025

Income statement

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Revenue$1.9M-17.9%
Gross profit$652.0K-35.0%
Operating income-$22.6M-22.2%
Net income-$18.2M+88.1%
EPS (diluted)-$0.05+93.8%

Balance sheet

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Cash & equivalents$44.9M-33.7%
Total debt$7.2M-18.6%
Total equity$546.2M+331%
Total assets$666.6M+134%

Cash flow

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Operating cash flow-$14.9M-74.4%
CapEx$4.6M+257%
Free cash flow-$19.5M-98.2%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$7.31B+71.1%
Enterprise value$7.27B+72.5%
P/S1,031.3×+635×

Profitability

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Gross margin29.1%-23.7pp
Operating margin-1,194.4%+8,855pp
Net margin-3,050.4%+5,366pp
FCF margin-1,089.4%+10,308pp

Returns & leverage

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Return on equity-64.3%-24.7pp
Debt / equity0×-0.1×
Current ratio37.4×+20.0×

Segments

By geography

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Europe$696.0K-53.1%
Asia$52.0K-65.8%

By product

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Collaborative Research And Other Professional Services$1.7M+50.7%
Access To Quantum Computing Systems$131.0K+105%

By segment

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Single Reportable$1.9M-17.9%

FAQ

When did Rigetti Computing, Inc. report Q4 2025 earnings?
Rigetti Computing, Inc. (RGTI) reported Q4 2025 earnings on March 4, 2026 after market close.
What were Rigetti Computing, Inc.'s Q4 2025 revenue and EPS?
Rigetti Computing, Inc. reported revenue of $1.9M and eps of $-0.03 for Q4 2025.
Did Rigetti Computing, Inc. beat estimates in Q4 2025?
Revenue missed the consensus estimate of $2.3M by $460.3K. EPS beat the consensus estimate of $-0.05 by $0.02.
How did Rigetti Computing, Inc.'s Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 17.9% from $2.3M a year earlier and eps grew 62.5% from $-0.08.
Where can I find Rigetti Computing, Inc.'s Q4 2025 SEC filings?
You can read the 8-K earnings release (0001104659-26-023446) and the 10-K periodic report (0001104659-26-023454) directly on SEC EDGAR. The filing index links above go to sec.gov.