Rigetti Computing, Inc. (RGTI)
Rigetti Computing is a pioneer in the world of quantum computing, building powerful machines that aim to solve problems far beyond the reach of today's PCs.
Is Rigetti Computing, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Operating at the cutting edge of a potentially revolutionary technology. Worth weighing: High price-to-sales ratio suggests a very expensive valuation.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Rigetti Computing, Inc. do?
Rigetti designs and builds quantum processors, which are a new type of computer that uses the strange laws of physics to process information at incredible speeds. The cash comes from selling access to these quantum systems over the cloud and partnering with businesses to develop specific software applications. What really matters here is whether they can scale their technology to be reliable enough for everyday commercial use, since the industry is still in its very early stages.
On our factor screen it looks strongest on growth and value, and weakest on income.
- !Pays no dividend - the whole return rides on the share price
- ✓Growing - revenue up about 185% over the year
- ✓Low debt - a sturdier balance sheet
- Growth screens high
- Momentum screens low
- Income screens low
Does Rigetti Computing, Inc. pay a dividend?
No - Rigetti Computing, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
Does Rigetti Computing, Inc. have more cash or more debt?
It holds about $393.71M in cash against about $7.70M of debt - so it has net cash of about $386.01M. More cash than debt is a cushion: it does not need to borrow just to cover what it owes.
From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.
What do Rigetti Computing, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
How much has Rigetti Computing, Inc. actually fallen?
Over the last 2 years of daily prices, Rigetti Computing, Inc. fell as much as −77% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns Rigetti Computing, Inc.?
About 58% of Rigetti Computing, Inc., or about 58 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 2%. The rest, roughly 40%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Rigetti Computing, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
When does Rigetti Computing, Inc. report earnings, and how did recent quarters go?
Rigetti Computing, Inc. is next scheduled to report on about 2026-11-10 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-08-06 | $-0.05 | $-0.05 | Missed -8% |
| 2026-05-11 | $-0.04 | $-0.04 | Beat +7% |
| 2026-03-04 | $-0.03 | $-0.03 | Beat +9% |
| 2025-11-10 | $-0.04 | $-0.03 | Beat +25% |
| 2025-08-12 | $-0.04 | $-0.06 | Missed -41% |
| 2025-05-12 | $-0.04 | $-0.08 | Missed -89% |
Across the last 6 quarters here, Rigetti Computing, Inc. came in ahead of what analysts expected 3 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Rigetti Computing, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Quantum computing becomes a standard industry tool
Technology fails to prove practical value
What are the pros and cons of Rigetti Computing, Inc.?
A balance check, not a score or verdict.
- Operating at the cutting edge of a potentially revolutionary technology
- Very high year-on-year revenue growth: How fast the company's sales grew versus a year ago.
- First-mover advantage in a specialised field
- High price-to-sales ratio suggests a very expensive valuation
- Negative return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. shows the business is currently burning through capital
- No profit being generated yet
- The technology may never become commercially viable
- High volatility makes it a bumpy ride for investors
- Significant competition from well-funded global technology companies
The write-up's own warning lights — if these start happening, the case above changes.
- A major breakthrough that makes quantum computing obsolete
- The company running out of cash without a clear path to profit
Common questions about Rigetti Computing, Inc.
Does Rigetti Computing, Inc. pay a dividend?
No - Rigetti Computing, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does Rigetti Computing, Inc. report earnings next?
Rigetti Computing, Inc. is next scheduled to report results on about 2026-11-10. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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Strategy IncBuilt from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.