RGTI

Rigetti Computing Inc

RGTI.US rigetti.com
15.16
-0.08 (-0.52%)
USD · NASDAQ
52-week range
12.53
58.15
Trading at 6% of the 52-week range
Market Cap
5.09B
P/E Ratio
0.00
Forward P/E
0.00
Book Value
1.61
Div. Yield
N/A
% Institutions
55.85%
% Insiders
2.01%

1 Year

-6.4%

3 Year

+646.8%

10 Year

+53.1%
Description

Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer. The company also sells access to its quantum computers through QCaaS. In addition, the company offers Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system; Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology research and development; and professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

Company Information

Company Name
Rigetti Computing Inc
Sector
Technology
Industry
Computer Hardware
Exchange
NASDAQ
ISIN: US76655K1034
CIK: 0001838359
CUSIP: 76655K103
Currency: USD
Full Time Employees: 162
Phone: 510 210 5550
Website: rigetti.com
Fiscal Year End: December
IPO Date: Apr 22, 2021
Description:

Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer. The company also sells access to its quantum computers through QCaaS. In addition, the company offers Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system; Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology research and development; and professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

Address:

775 Heinz Avenue, Berkeley, CA, United States, 94710

People

Directors & Officers

Name Title Year Born
Dr. Subodh K. Kulkarni Ph.D. CEO, President & Director 1965
Mr. Jeffrey A. Bertelsen Chief Financial Officer 1963
Mr. David Rivas Chief Operating Officer 1961
Dr. Andrew Bestwick Chief Technology Officer NA
Ms. Jackie Kaweck Senior Vice President of Human Resources NA
Mr. Luke Kuipers Corporate Secretary NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 10, 2026 David Rivas N/A Sale 36.72K $17.52 $643.32K
Mar 10, 2026 Jeffrey A Bertelsen N/A Sale 4.27K $17.52 $74.81K
Oct 17, 2025 Helene Gail Sandford N/A Sale 62.00K $44.89 $2.78M
Sep 19, 2025 Helene Gail Sandford N/A Sale 17.64K $24.75 $436.47K
Sep 12, 2025 Helene Gail Sandford N/A Sale 25.00K $18.54 $463.50K
Sep 12, 2025 Michael S Clifton N/A Sale 75.00K $19.00 $1.43M
Sep 12, 2025 Ray O Johnson N/A Sale 126.30K $20.00 $2.53M
Sep 12, 2025 Thomas J Iannotti N/A Sale 100.00K $19.50 $1.95M
Aug 20, 2025 David Rivas N/A Sale 44.36K $14.85 $658.67K
Aug 20, 2025 Jeffrey A Bertelsen N/A Sale 3.92K $14.84 $58.16K
Jul 16, 2025 Michael S Clifton N/A Sale 25.00K $15.00 $375.00K
Jul 16, 2025 Ray O Johnson N/A Sale 40.42K $15.00 $606.30K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 25.44M Mar 31, 2026 7.62% $0.01 -2.71%
Vanguard Portfolio Management, LLC 19.47M Mar 31, 2026 5.83% $0.01 0.00%
Vanguard Capital Management, LLC 14.26M Mar 31, 2026 4.27% $0.01 0.00%
State Street Corp 10.14M Mar 31, 2026 3.04% $0.00 11.96%
Geode Capital Management, LLC 8.13M Mar 31, 2026 2.44% $0.01 3.15%
D. E. Shaw & Co LP 5.36M Jun 30, 2026 1.61% $0.05 -61.47%
UBS Group AG 4.85M Mar 31, 2026 1.45% $0.01 70.95%
Defiance ETFs, LLC 4.65M Mar 31, 2026 1.39% $0.94 204.12%
Morgan Stanley - Brokerage Accounts 3.88M Mar 31, 2026 1.16% $0.00 60.13%
Unicom Systems Inc 3.52M Jun 30, 2026 1.06% $4.44 0.00%
HRT FINANCIAL LLC 3.52M Mar 31, 2026 1.05% $0.12 0.00%
Northern Trust Corp 2.81M Mar 31, 2026 0.84% $0.01 3.30%
Two Sigma Investments LLC 2.79M Mar 31, 2026 0.83% $0.03 5,318.77%
Charles Schwab Investment Management Inc 2.76M Mar 31, 2026 0.83% $0.01 -1.13%
VOLORIDGE INVESTMENT MANAGEMENT, LLC 2.50M Mar 31, 2026 0.75% $0.14 135.92%
Vanguard Fiduciary Trust Co 2.28M Mar 31, 2026 0.68% $0.01 0.00%
Bank of America Corp 2.06M Mar 31, 2026 0.62% $0.00 -10.61%
Alyeska Investment Group, L.P. 1.99M Mar 31, 2026 0.60% $0.08 0.00%
Westfield Capital Management Company, L.P. 1.95M Jun 30, 2026 0.58% $0.12 2.98%
American Assets Investment Management 1.64M Mar 31, 2026 0.49% $1.56 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 10.05M 3.01% ▲ 0.31% Jul 31, 2026
2 iShares Russell 2000 ETF 8.54M 2.56% ▼ 0.57% Aug 31, 2026
3 Vanguard Small Cap Index 7.26M 2.18% ▲ 0.25% Jul 31, 2026
4 Vanguard Information Technology ETF 5.32M 1.59% ▲ 0.41% Jul 31, 2026
5 Vanguard MStar Small Cap Value Index 4.61M 1.38% ▲ 0.28% Jul 31, 2026
6 Vanguard Institutional Extnd Mkt Idx Tr 3.83M 1.15% ▲ 0.42% Jul 31, 2026
7 State Street® SPDR® S&P® Smcndctr ETF 3.68M 1.10% ▲ 0.00% Aug 31, 2026
8 Fidelity Small Cap Index 3.64M 1.09% ▲ 11.80% Jun 30, 2026
9 Defiance Quantum ETF 3.38M 1.01% ▲ 0.13% Aug 31, 2026
10 iShares Russell 2000 Growth ETF 2.96M 0.89% ▲ 0.00% Aug 31, 2026

Financial Highlights

Market Cap: $5.09B
EBITDA: $-87.23M
Book Value: $1.61
Earnings/Share: $-0.80
Profit Margin: 0.00%
Operating Margin: -546.17%
ROA (TTM): -9.45%
ROE (TTM): -43.77%
Revenue (TTM): $13.35M
Revenue/Share (TTM): $0.04
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 185.30%

Valuation Metrics

Enterprise Value: $4.70B
Trailing P/E: 0.00
Forward P/E: 0.00

Shares Statistics

Shares Outstanding: 333.77M
Shares Float: 327.99M
% Insiders: 2.01%
% Institutions: 55.85%
Short % Float: 17.74%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$7.09M
Cost of Goods Sold
adjust
$-13.19M
Gross Profit
subtotal
$-6.11M
SG&A
adjust
$-25.38M
R&D
adjust
$-61.35M
Operating Income
subtotal
$-84.66M
Other / Non-Operating Items
adjust
$-131.55M
Net Income
subtotal
$-216.21M

Earnings Per Share (EPS) History

Financial Ratios

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