Rigetti Computing, Inc. (RGTI)

Rigetti Computing Income Statement

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

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

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

SEC Filings: 10-K · 10-Q