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Rigetti Computing, Inc. RGTI Non Cash Lease Expense

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Other financials

Income statement

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Revenue$4.4M+199%
Gross profit$1.4M+212%
Operating income-$26.0M-20.0%
Net income$33.1M-22.3%
EPS (diluted)-$0.06-146%

Balance sheet

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Cash & equivalents$48.1M+29.6%
Total debt$6.8M-19.3%
Total equity$583.6M+182%
Total assets$650.7M+142%

Cash flow

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Operating cash flow-$16.2M-18.8%
CapEx$4.4M+73.2%
Free cash flow-$20.6M-27.3%

Valuation

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Market cap$7.1B+106%
Enterprise value$7.06B+107%
P/S708.9×+335×

Profitability

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Gross margin30%-20.4pp
Operating margin-888.4%+112pp
Net margin-2,253.6%+2,331pp
FCF margin-815.2%+296pp

Returns & leverage

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Return on equity-57.1%-14.2pp
Debt / equity0.0×
Current ratio-11.8×

Where this comes from

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

Tagged under the XBRL concept rgti:NonCashLeaseExpense.

The official record: Rigetti Computing, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rigetti Computing, Inc.'s non cash lease expense?
Rigetti Computing, Inc. (RGTI) reported non cash lease expense of $419K in Q1 2026.
How has Rigetti Computing, Inc.'s non cash lease expense changed year-over-year?
Rigetti Computing, Inc.'s non cash lease expense increased by 9.1% year-over-year, from $384K to $419K.
What is the long-term trend for Rigetti Computing, Inc.'s non cash lease expense?
Over 3 years (2022 to 2025), Rigetti Computing, Inc.'s non cash lease expense has grown at a 43.4% compound annual growth rate (CAGR), from $537K to $1.58M.
What does non cash lease expense mean?
Represents the portion of lease expenses that does not involve an immediate cash outflow, typically associated with the amortization of right-of-use assets. This adjustment is necessary to reconcile net income to cash flow from operations by removing non-cash accounting charges. It helps analysts understand the underlying cash burn related to facility and equipment leasing.