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
Period Ending	Sep '25 Sep 30, 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
Revenue	7.49	10.79	12.01	13.1	8.94	5.54
Revenue Growth (YoY)	-36.98%	-10.14%	-8.35%	46.54%	61.32%	653.60%
Cost of Revenue	5.08	5.09	2.8	2.87	1.77	1.49
Gross Profit	2.42	5.7	9.21	10.23	7.17	4.05
Selling, General & Admin	25.32	24.46	27.74	53.98	15.03	15.04
Research & Development	57.65	49.75	52.77	59.95	29.38	24.1
Operating Expenses	82.97	74.21	80.51	113.93	44.4	39.14
Operating Income	-80.56	-68.51	-71.3	-103.7	-37.23	-35.09
Interest Expense	-0.45	-3.26	-5.78	-5.29	-2.69	-0.05
Interest & Investment Income	12.34	5.11	5.08	2.43	0.01	0.06
Other Non Operating Income (Expenses)	-240.14	-90.17	-1.16	22.13	-1.81	0.04
EBT Excluding Unusual Items	-308.8	-156.82	-73.17	-84.42	-41.72	-35.04
Merger & Restructuring Charges	-	-	-0.99	-0.93	-	-
Impairment of Goodwill	-	-	-	-5.38	-	-
Other Unusual Items	-42.16	-44.17	-0.95	19.21	-	8.91
Pretax Income	-350.96	-200.99	-75.11	-71.52	-41.72	-26.13
Net Income	-350.96	-200.99	-75.11	-71.52	-41.72	-26.13
Net Income to Common	-350.96	-200.99	-75.11	-71.52	-41.72	-26.13
Shares Outstanding (Basic)	284	185	132	102	23	21
Shares Outstanding (Diluted)	284	185	132	102	23	21
Shares Change (YoY)	73.99%	39.92%	29.01%	338.36%	12.64%	176.44%
EPS (Basic)	-1.24	-1.09	-0.57	-0.70	-1.79	-1.26
EPS (Diluted)	-1.24	-1.09	-0.57	-0.70	-1.79	-1.26
Free Cash Flow	-67.57	-61.73	-59.64	-85.43	-39.33	-34.47
Free Cash Flow Per Share	-0.24	-0.33	-0.45	-0.83	-1.69	-1.66
Gross Margin	32.23%	52.80%	76.68%	78.07%	80.20%	73.09%
Operating Margin	-1074.95%	-634.94%	-593.80%	-791.50%	-416.41%	-633.13%
Profit Margin	-4683.27%	-1862.72%	-625.47%	-545.88%	-466.58%	-471.39%
Free Cash Flow Margin	-901.67%	-572.06%	-496.65%	-652.01%	-439.87%	-621.87%
EBITDA	-73.01	-61.6	-63.88	-96.69	-32.16	-30.79
D&A For EBITDA	7.55	6.91	7.43	7.02	5.07	4.3
EBIT	-80.56	-68.51	-71.3	-103.7	-37.23	-35.09

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