The Filing Desk

Quantum Computing vs Rigetti Computing

Quantum Computing QUBT · Rigetti Computing RGTI · Technology Hardware, Storage & Peripherals

Rigetti Computing reported revenue of $7 million in fiscal 2025, 10.1 times Quantum Computing's $1 million in fiscal 2025. Quantum Computing's revenue grew 82.8% in its latest year, and Rigetti Computing's fell 34.3%. Quantum Computing had an operating margin of -7489.3%, against -1194.4% at Rigetti Computing. Free cash flow was −$37 million at Quantum Computing and −$77 million at Rigetti Computing.

Side by side

Quantum ComputingRigetti Computing
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$1M$7M
Revenue growth82.8%−34.3%
Revenue growth a year, last 5 years——
Gross margin9.8%29.1%
Operating margin−7,489.3%−1,194.4%
Net margin−2,738.1%−3,050.4%
Free cash flow−$37M−$77M
Free cash flow margin−5,422.9%−1,089.4%
Return on capital——
Net debt to EBITDA——
Dividends and buybacks$0M$0M
Change in diluted share count75.2%67.7%
Last close$6.33$11.75
P/E at the last close——
Insider trades, last 12 monthssold $648,248sold $30.1 million
Piotroski F-score—3 of 9
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
Quantum ComputingRigetti Computing
Operating margin
Percent of revenue
Quantum ComputingRigetti Computing
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Quantum ComputingRigetti Computing

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Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Quantum Computing and Rigetti Computing pages.