Rigetti Computing

Rigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Rigetti Computing advances quantum systems amidst financial challenges and growth opportunities

Rigetti Computing progresses with advanced quantum systems, strong financial backing, and strategic partnerships, but faces challenges in scaling and financial performance.
Opportunities in government funding, research collaborations, and technological innovation offer avenues for growth and differentiation in the competitive quantum computing landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

IonQ

D-Wave Quantum Inc

There are some quantum computing stocks to buy for this month in Februrary. These companies trade at attractive valuations and have solid growth prospects.

3 Millionaire-Maker Quantum Computing Stocks to Buy in February 2024

CAMBRIDGE, United Kingdom and BERKELEY, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Riverlane, the global leader in quantum error correction technology, and Rigetti (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announced their participation in a project led by the US Department of Energy's Oak Ridge National Laboratory (ORNL) to explore the challenges of integrating a quantum computer with a large-scale, supercomputing centre.

Riverlane and Rigetti Computing Partner with Oak Ridge National Laboratory to Work to Improve HPC-Quantum Integration

Advanced Micro Devices

Once people are done fawning over generative AI, investors might think, “what will be the next big thing?” The field of quantum computing may be just that.

Wall Street Favorites: 3 Quantum Computing Stocks with Strong Buy Ratings for February 2024

The race for quantum computing dominance is on. In fact, according to SDXCentral.com, the U.S. and China are neck and neck at the moment.

3 Quantum Computing Stocks That Could Be Multibaggers in the Making: February Edition

It's very easy to see why investors continue to be so interested in Quantum computing stocks. The field of quantum computing promises to break through the limits posed by classical computing.

3 High-Potential Quantum Computing Stocks With Huge Upside

Defiance Quantum ETF

Much like artificial intelligence ( AI ), quantum computing will revolutionize just about everything. All thanks to its ability to solve complex problems that are well beyond the ability of non-quantum and classical computers.

The 3 Best Quantum Computing Stocks to Buy in February 2024

Quantum Computing

Carpe Diem. Grab this prime opportunity to acquire shares of quantum computing stocks now while these companies have low valuations.

3 Quantum Computing Stocks That Could Make Your February Unforgettable

Quantum computing stocks represent the next frontier for computing and the potential for scientific breakthroughs. Due to the disruptive potential of these companies, I anticipate that there's a solid chance for them to mint new millionaires.

3 Quantum Computing Stocks With Serious Potential to Make You a Millionaire

Quantum computing stocks stand out as symbols of innovation in a tech world that is quickly changing. They promise to push the limits of processing power and computer efficiency.

3 Quantum Computing Stocks to Buy for the Next Bull Run: February 2024

LONDON, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded a Small Business Research Initiative (SBRI) grant delivered by Innovate UK and funded by the National Quantum Computing Centre (NQCC) to develop and deliver a quantum computer to the NQCC. Rigetti proposes to deploy a 24-qubit quantum computer based on the Company's fourth generation Ankaa™-class architecture.

Rigetti Computing Wins Innovate UK Competition to Deliver a 24-qubit Quantum Computing System to the National Quantum Computing Centre

NVIDIA

After ChatGPT and Generative AI, quantum computing may be the field of research to bring about the next technological revolution in the 21st century. Quantum computing has the potential to solve complex problems that normally slow down classical computers, such as optimization, cryptography, machine learning, and simulation.

Wall Street Favorites: 3 Quantum Computing Stocks with Strong Buy Ratings in January 2024

Microsoft

Quantum computing stocks could be the newest trend in the technology space. The reason I'm bullish on these companies is that the shift from classical to quantum computing could be dramatic.

The Next Big Thing: 3 Stocks Leading in Quantum Computing

Taiwan Semiconductor Manufacturing

ChatGPT and generative AI took the market by storm in 2023. After that, many technology titans, namely Nvidia (NASDAQ: NVDA ), saw their share prices appreciate immensely off the back of the AI “craze.

If You Can Only Buy One Quantum Computing Stock in January, It Better Be One of These 3 Names

LONDON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition. The consortium aims to use quantum computing to improve current classical machine learning techniques used by financial institutions to analyze complex data streams.

Rigetti Computing Awarded Innovate UK Grant to Develop Quantum Machine Learning Techniques for Financial Data Streams

The Company's 84-qubit Ankaa™-2 system is now publicly available to all of its customers via Rigetti Quantum Cloud Services (QCS™). The Ankaa-2 system has achieved a 98% median 2-qubit fidelity, a 2.5x performance improvement compared to the Company's previous QPUs.

Rigetti Announces Public Availability of Ankaa-2 System with a 2.5x Performance Improvement Compared to Previous QPUs

Alphabet

With the technology machinery running at full speed, forward-looking investors should consider the hottest quantum computing stocks for the prospect of robust profitability. To be sure, the pure-play ecosystem presents high risks.

The 3 Hottest Quantum Computing Stocks to Watch in 2024

Booz Allen Hamilton Hld

Quantum computers are the new technology of today when it comes to computers. Imagine if there are already super-fast processors capable of doing many tasks simultaneously.

3 Quantum Computing Stocks You'll Regret Not Buying Soon

BERKELEY, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today the launch of its Novera™ QPU, a 9-qubit quantum processing unit (QPU) based on the Company's fourth generation Ankaa™-class architecture featuring tunable couplers and a square lattice for denser connectivity and fast 2-qubit operations.

Rigetti Launches the Novera QPU, the Company's First Commercially Available QPU

Much like artificial intelligence (AI) stocks, a quantum computing stock could be explosive. In fact, as just noted by Forbes' contributor Jim McGregor, “In just five years, quantum computing could take computing and humanity to a new level of knowledge and understanding.

If You Can Only Buy One Quantum Computing Stock in December, It Better Be One of These 3 Names

Arqit Quantum Inc

Quantum computing looks like it will be a tremendous game changer for society because it provides “massive operational power advantages over classical computers.” In fact, quantum computers can carry out calculations in minutes vs.

3 Tremendously Undervalued Quantum Computing Stocks to Buy

Quantum computing stocks could be the next big trend to unlock value for investors' portfolios. These companies are pioneering a disruptive leap in processing power.

3 Quantum Computing Stocks That Could Be Multibaggers in the Making

BERKELEY, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded Phase 2 of the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Program to develop benchmarks for quantum application performance on large-scale quantum computers.

Rigetti Computing Awarded Phase 2 of DARPA Benchmarking Program

Rigetti Computing, Inc. (RGTI) Q3 2023 Earnings Call Transcript

BERKELEY, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the third quarter ended September 30, 2023.

Rigetti Computing Reports Third Quarter 2023 Results

LONDON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition. Joining Rigetti in this work is HSBC, the Quantum Software Lab (QSL) based at the University of Edinburgh, and the National Quantum Computing Centre (NQCC).

News for Rigetti Computing Stock (RGTI)