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Other financials

Income statement

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Revenue$5.1M+185%
Gross profit$2.2M+287%
Net income-$52.6M-32.7%
EPS (diluted)-$0.16-23.1%

Balance sheet

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Cash & equivalents$27.8M-51.4%
Total debt$7.7M-3.9%
Total equity$537.4M-2.9%
Total assets$648.2M+1.8%

Cash flow

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Operating cash flow-$15.8M+2.4%
CapEx$12.0M+112%
Free cash flow-$27.8M-27.2%

Valuation

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Market cap$5.58B+8.1%
Enterprise value$5.56B+8.7%
P/S417.7×-234×

Profitability

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Gross margin34.6%-6.0pp
Operating margin-727.6%-148pp
Net margin-1,787.4%-220pp
FCF margin-655.9%-113pp

Returns & leverage

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Return on equity-43.8%-4.1pp
Debt / equity0.0×
Current ratio3.9×-37.6×

Where this comes from

Reported directly by Rigetti Computing, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Rigetti Computing, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091993
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Research and development20,72813,52240,68528,977
Selling, general and administrative9,5226,92616,89413,545
Total operating expenses30,25020,44857,57942,522
Loss from operations(28,062)(19,882)(54,013)(41,514)
Other income (expense), net:
Interest income5,0583,04210,4215,194
Change in fair value of derivative warrant liabilities(29,602)(20,557)24,09532,705
Change in fair value of earn-out liabilities(2,257)6,580

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Rigetti Computing, Inc.'s operating income?
Rigetti Computing, Inc. (RGTI) reported operating income of -$28.06M in Q2 2026.
How has Rigetti Computing, Inc.'s operating income changed year-over-year?
Rigetti Computing, Inc.'s operating income decreased by 41.1% year-over-year, from -$19.88M to -$28.06M.
What is the long-term trend for Rigetti Computing, Inc.'s operating income?
Over 4 years (2021 to 2025), Rigetti Computing, Inc.'s operating income has grown at a 8.7% compound annual growth rate (CAGR), from -$60.65M to -$84.66M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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