Rigetti Computing Inc
Our mission is to build the world s most powerful computers to help solve humanity s most important and pressing problems. Classical computers are plateauing, Moore s law has slowed, returns for parallelization are diminishing and energy requirements can t keep up.
$11.36
-$0.69 (-5.73%)
EOD Oct 22, 2026
The business is unprofitable at the operating level (-1194.41% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 34.3% YoY. Margins deteriorated 559.5pp alongside, both lines moving the wrong way.
Negative free cash flow of -$77M. The business is consuming cash, not generating it. Operating margin contracted 559.5pp YoY, cost discipline may be slipping.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$13M
▼ -34.3% YoY
Net Income (TTM)
-$239M
▼ -7.6% YoY
Op. Margin
-727.62%
▼ -559.5pp YoY
ROIC
-14.84%
▲ +19.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$88M
▼ -25.1% YoY
Op. Cash Flow (TTM)
-$61M
▼ -15.6% YoY
Net Debt
-$386M
Net Cash Position
Cash & Equiv.
$394M
3Y CAGR: -18.5%
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SourceComputed from the 10-Q filed 3 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 8 Aug 2026. How this is calculated.
Price from market data, last close as of 22 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Rigetti Computing (RGTI) overvalued?
Rigetti Computing (RGTI)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Rigetti Computing scores 25/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Rigetti Computing a high-quality business?+
Rigetti Computing scores 25 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -727.6% operating margin and a -14.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Rigetti Computing a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh RGTI's valuation and scores 25/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
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Spot a number that looks wrong? Check it in RGTI's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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