Financial Comparison of Quantum Computing Companies
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: NASDAQ.COM
- Revenue Concentration Risk: Rigetti Computing's fiscal year 2025 revenue heavily relies on government contracts, comprising 90.2% of total revenue, which fell to $7.1 million, a 34.3% decrease from the previous year, indicating significant exposure to potential budget cuts.
- Net Loss Situation: Rigetti reported a staggering net loss of $216.2 million with a net margin of -3,050.4%, highlighting that its expenditures far exceed its revenues, raising concerns about long-term sustainability.
- Market Competition Pressure: Quantum Computing achieved revenue of $682,000 in fiscal year 2025, an 82.8% increase year-over-year, yet it faced a net loss of $18.7 million, reflecting its fragile financial state under high R&D spending while competing against giants like IBM.
- Cash Flow Monitoring: Quantum Computing's free cash flow was approximately negative $37 million, with a current ratio of 102.4x, indicating ample liquid assets; however, the rapid depletion of cash reserves poses risks to its future growth potential.
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Analyst Views on RGTI
Wall Street analysts forecast RGTI stock price to rise
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 27.030
Low
30.00
Averages
39.75
High
51.00
Current: 27.030
Low
30.00
Averages
39.75
High
51.00
About RGTI
Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Company’s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rigetti Computing's Latest Quarter Insights
- Revenue and Loss Status: Rigetti Computing continues to face minimal revenue and significant losses in the latest quarter; however, investor interest in its future potential is rising, indicating sustained market confidence in quantum computing's long-term prospects.
- Deployment Progress: The company has made progress in deploying quantum computers, which not only enhances its technological capabilities but also lays the groundwork for future revenue growth, boosting investor confidence.
- Cloud Access Improvement: Rigetti's cloud access services are gradually improving, allowing more customers to access its quantum computing resources, thereby expanding its potential market and enhancing the company's competitiveness.
- Liquidity Enhancement: Improvements in liquidity provide greater operational flexibility for the company, and while challenges remain, this offers a more optimistic outlook for long-term investors.
See More
Rigetti Computing Shares Surge 9.63% Amid Quantum Funding News
- Stock Surge: Rigetti Computing's shares rose by 9.63% to close at $27.03, extending gains from last week following news of U.S. government funding for domestic quantum firms, indicating strong market confidence in the quantum computing sector.
- Volume Spike: Trading volume reached 85.2 million shares, approximately 146% above the three-month average of 34.7 million shares, reflecting heightened investor interest and activity in the quantum computing space.
- Positive Market Outlook: Since its IPO in 2021, Rigetti's stock has surged 173%, with over 60% gains in the past week, demonstrating rapid growth in the quantum computing industry that is attracting significant investor attention.
- Industry Potential: The Boston Consulting Group forecasts that the quantum computing market could create $450 billion in economic value by 2040, and while Rigetti's stock may experience short-term volatility, its leadership in superconducting quantum processors positions it well for long-term success.
See More
Rigetti Computing Shares Surge Nearly 10% Amid Quantum Funding News
- Stock Performance: Rigetti Computing closed at $27.03 on Thursday, up 9.79%, driven by the U.S. government's funding program for domestic quantum firms, indicating strong market confidence in the quantum computing sector.
- Surge in Trading Volume: The trading volume reached 85.2 million shares, approximately 146% above the three-month average of 34.7 million shares, reflecting heightened investor interest and active market participation in the quantum computing industry.
- Industry Outlook: Since its IPO in 2021, Rigetti's stock has surged 173%, with over 60% gains in the past week, particularly following the announcement of over $2 billion in grants to nine quantum firms, showcasing robust growth potential in the sector.
- Market Potential: The Boston Consulting Group forecasts that the quantum computing market could generate $450 billion in economic value by 2040, and while Rigetti's stock may experience short-term volatility, its leadership in superconducting quantum processors positions it well for long-term success.
See More
IBM Secures $2 Billion Government Funding to Advance Quantum Computing
- Government Funding Support: IBM has secured $2 billion in U.S. government funding, with $1 billion allocated to establish the new subsidiary Anderon, which focuses on quantum semiconductor manufacturing, highlighting the government's commitment to quantum technology and IBM's leadership in the field.
- Quantum Computing Investment Plan: IBM plans to invest over $10 billion in quantum computing over the next five years, aiming to launch a commercial large-scale quantum computing system by 2029, which is expected to significantly enhance computational capabilities and surpass traditional supercomputers.
- Positive Market Reaction: Among analysts, 13 rated IBM as a 'buy', indicating strong market confidence in its quantum computing strategy, while the stock price rose 3% following the investment announcement, reflecting investor optimism.
- Industry Outlook: With over 90 quantum installations globally, IBM plans to deploy a machine capable of executing 100 million quantum gate operations, and if successful, this will drive widespread adoption of quantum computing, further solidifying its leading position in technological innovation.
See More
IBM Secures $2 Billion Government Funding to Advance Quantum Computing
- Government Funding Support: IBM has secured $2 billion in U.S. government funding, with $1 billion allocated to establish a new subsidiary, Anderon, focusing on quantum semiconductor manufacturing, highlighting the government's commitment to quantum technology and IBM's leadership in the field.
- Quantum Computing Investment Plan: IBM plans to invest over $10 billion in quantum computing over the next five years, aiming to launch a commercial large-scale quantum computing system by 2029, which will significantly enhance its market competitiveness and drive technological advancements.
- Positive Market Reaction: Among analysts, 13 rated IBM as a 'buy', indicating strong market confidence in its quantum computing strategy, while the stock price rose 3% following the announcement, reflecting investor optimism about future growth.
- Industry Leadership: Operating over 90 quantum installations globally, IBM plans to deploy a machine capable of executing 100 million quantum gate operations, which, if successful, will surpass traditional supercomputers and further solidify its leading position in the quantum computing sector.
See More
Quantum Computing Stocks Insider Selling Raises Concerns
- Insider Selling Warning: Executives at IonQ, Rigetti, and D-Wave have collectively sold $931 million more in stock than they purchased over the past five years, indicating potential concerns about the companies' future prospects, which could undermine investor confidence.
- Market Performance Comparison: Despite quantum computing stocks boasting trailing returns of up to 6,217% over the past year, the ongoing insider selling behavior may suggest overvaluation, impacting the market's long-term outlook on the sector.
- Lack of Buying Interest: During the same period, insiders at IonQ spent only $3.35 million on company shares, with Rigetti and D-Wave's purchases even lower at $625,000 and $309,080 respectively, reflecting a lack of confidence in future growth.
- Valuation Bubble Risk: Currently, IonQ, Rigetti, and D-Wave have price-to-sales ratios of 109, 836, and 791, respectively, significantly exceeding the historically sustainable level of 30, suggesting a potential risk of a market bubble burst.
See More
Rigetti Computing's Latest Quarter Insights
- Revenue and Loss Status: Rigetti Computing continues to face minimal revenue and significant losses in the latest quarter; however, investor interest in its future potential is rising, indicating sustained market confidence in quantum computing's long-term prospects.
- Deployment Progress: The company has made progress in deploying quantum computers, which not only enhances its technological capabilities but also lays the groundwork for future revenue growth, boosting investor confidence.
- Cloud Access Improvement: Rigetti's cloud access services are gradually improving, allowing more customers to access its quantum computing resources, thereby expanding its potential market and enhancing the company's competitiveness.
- Liquidity Enhancement: Improvements in liquidity provide greater operational flexibility for the company, and while challenges remain, this offers a more optimistic outlook for long-term investors.
See More
Rigetti Computing Shares Surge 9.63% Amid Quantum Funding News
- Stock Surge: Rigetti Computing's shares rose by 9.63% to close at $27.03, extending gains from last week following news of U.S. government funding for domestic quantum firms, indicating strong market confidence in the quantum computing sector.
- Volume Spike: Trading volume reached 85.2 million shares, approximately 146% above the three-month average of 34.7 million shares, reflecting heightened investor interest and activity in the quantum computing space.
- Positive Market Outlook: Since its IPO in 2021, Rigetti's stock has surged 173%, with over 60% gains in the past week, demonstrating rapid growth in the quantum computing industry that is attracting significant investor attention.
- Industry Potential: The Boston Consulting Group forecasts that the quantum computing market could create $450 billion in economic value by 2040, and while Rigetti's stock may experience short-term volatility, its leadership in superconducting quantum processors positions it well for long-term success.
See More
Rigetti Computing Shares Surge Nearly 10% Amid Quantum Funding News
- Stock Performance: Rigetti Computing closed at $27.03 on Thursday, up 9.79%, driven by the U.S. government's funding program for domestic quantum firms, indicating strong market confidence in the quantum computing sector.
- Surge in Trading Volume: The trading volume reached 85.2 million shares, approximately 146% above the three-month average of 34.7 million shares, reflecting heightened investor interest and active market participation in the quantum computing industry.
- Industry Outlook: Since its IPO in 2021, Rigetti's stock has surged 173%, with over 60% gains in the past week, particularly following the announcement of over $2 billion in grants to nine quantum firms, showcasing robust growth potential in the sector.
- Market Potential: The Boston Consulting Group forecasts that the quantum computing market could generate $450 billion in economic value by 2040, and while Rigetti's stock may experience short-term volatility, its leadership in superconducting quantum processors positions it well for long-term success.
See More
IBM Secures $2 Billion Government Funding to Advance Quantum Computing
- Government Funding Support: IBM has secured $2 billion in U.S. government funding, with $1 billion allocated to establish the new subsidiary Anderon, which focuses on quantum semiconductor manufacturing, highlighting the government's commitment to quantum technology and IBM's leadership in the field.
- Quantum Computing Investment Plan: IBM plans to invest over $10 billion in quantum computing over the next five years, aiming to launch a commercial large-scale quantum computing system by 2029, which is expected to significantly enhance computational capabilities and surpass traditional supercomputers.
- Positive Market Reaction: Among analysts, 13 rated IBM as a 'buy', indicating strong market confidence in its quantum computing strategy, while the stock price rose 3% following the investment announcement, reflecting investor optimism.
- Industry Outlook: With over 90 quantum installations globally, IBM plans to deploy a machine capable of executing 100 million quantum gate operations, and if successful, this will drive widespread adoption of quantum computing, further solidifying its leading position in technological innovation.
See More
IBM Secures $2 Billion Government Funding to Advance Quantum Computing
- Government Funding Support: IBM has secured $2 billion in U.S. government funding, with $1 billion allocated to establish a new subsidiary, Anderon, focusing on quantum semiconductor manufacturing, highlighting the government's commitment to quantum technology and IBM's leadership in the field.
- Quantum Computing Investment Plan: IBM plans to invest over $10 billion in quantum computing over the next five years, aiming to launch a commercial large-scale quantum computing system by 2029, which will significantly enhance its market competitiveness and drive technological advancements.
- Positive Market Reaction: Among analysts, 13 rated IBM as a 'buy', indicating strong market confidence in its quantum computing strategy, while the stock price rose 3% following the announcement, reflecting investor optimism about future growth.
- Industry Leadership: Operating over 90 quantum installations globally, IBM plans to deploy a machine capable of executing 100 million quantum gate operations, which, if successful, will surpass traditional supercomputers and further solidify its leading position in the quantum computing sector.
See More
Quantum Computing Stocks Insider Selling Raises Concerns
- Insider Selling Warning: Executives at IonQ, Rigetti, and D-Wave have collectively sold $931 million more in stock than they purchased over the past five years, indicating potential concerns about the companies' future prospects, which could undermine investor confidence.
- Market Performance Comparison: Despite quantum computing stocks boasting trailing returns of up to 6,217% over the past year, the ongoing insider selling behavior may suggest overvaluation, impacting the market's long-term outlook on the sector.
- Lack of Buying Interest: During the same period, insiders at IonQ spent only $3.35 million on company shares, with Rigetti and D-Wave's purchases even lower at $625,000 and $309,080 respectively, reflecting a lack of confidence in future growth.
- Valuation Bubble Risk: Currently, IonQ, Rigetti, and D-Wave have price-to-sales ratios of 109, 836, and 791, respectively, significantly exceeding the historically sustainable level of 30, suggesting a potential risk of a market bubble burst.
See More
