Rigetti Computing Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jan '21 Jan 31, 2021	2020
Revenue	9.21	10.79	12.01	13.1	8.94	5.54	Upgrade
Revenue Growth (YoY)	-28.38%	-10.14%	-8.35%	46.54%	61.32%	653.60%	Upgrade
Cost of Revenue	4.57	5.09	2.8	2.87	1.77	1.49	Upgrade
Gross Profit	4.64	5.7	9.21	10.23	7.17	4.05	Upgrade
Selling, General & Admin	24.46	24.46	27.74	53.98	15.03	15.04	Upgrade
Research & Development	53.73	49.75	52.77	59.95	29.38	24.1	Upgrade
Operating Expenses	78.2	74.21	80.51	113.93	44.4	39.14	Upgrade
Operating Income	-73.56	-68.51	-71.3	-103.7	-37.23	-35.09	Upgrade
Interest Expense	-2.15	-3.26	-5.78	-5.29	-2.69	-0.05	Upgrade
Interest & Investment Income	6.14	5.11	5.08	2.43	0.01	0.06	Upgrade
Other Non Operating Income (Expenses)	-34.32	-90.17	-1.16	22.13	-1.81	0.04	Upgrade
EBT Excluding Unusual Items	-103.89	-156.82	-73.17	-84.42	-41.72	-35.04	Upgrade
Merger & Restructuring Charges	-	-	-0.99	-0.93	-	-	Upgrade
Impairment of Goodwill	-	-	-	-5.38	-	-	Upgrade
Other Unusual Items	-33.71	-44.17	-0.95	19.21	-	8.91	Upgrade
Pretax Income	-137.6	-200.99	-75.11	-71.52	-41.72	-26.13	Upgrade
Net Income	-137.6	-200.99	-75.11	-71.52	-41.72	-26.13	Upgrade
Net Income to Common	-137.6	-200.99	-75.11	-71.52	-41.72	-26.13	Upgrade
Shares Outstanding (Basic)	218	185	132	102	23	21	Upgrade
Shares Outstanding (Diluted)	218	185	132	102	23	21	Upgrade
Shares Change (YoY)	57.03%	39.92%	29.01%	338.36%	12.64%	176.44%	Upgrade
EPS (Basic)	-0.63	-1.09	-0.57	-0.70	-1.79	-1.26	Upgrade
EPS (Diluted)	-0.65	-1.09	-0.57	-0.70	-1.79	-1.26	Upgrade
Free Cash Flow	-59.29	-61.73	-59.64	-85.43	-39.33	-34.47	Upgrade
Free Cash Flow Per Share	-0.27	-0.33	-0.45	-0.83	-1.69	-1.66	Upgrade
Gross Margin	50.37%	52.80%	76.68%	78.07%	80.20%	73.09%	Upgrade
Operating Margin	-798.66%	-634.94%	-593.80%	-791.50%	-416.41%	-633.13%	Upgrade
Profit Margin	-1493.98%	-1862.72%	-625.47%	-545.88%	-466.58%	-471.39%	Upgrade
Free Cash Flow Margin	-643.77%	-572.06%	-496.65%	-652.01%	-439.87%	-621.87%	Upgrade
EBITDA	-66.61	-61.6	-63.88	-96.69	-32.16	-30.79	Upgrade
D&A For EBITDA	6.95	6.91	7.43	7.02	5.07	4.3	Upgrade
EBIT	-73.56	-68.51	-71.3	-103.7	-37.23	-35.09	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.