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Companies / Technology / Rigetti Computing, Inc.
RGTI

Rigetti Computing, Inc.

TechnologyComputer Services
Ticker RGTIBERKELEY, CAFiscal year ends DecemberBook value per share $1.62Diluted shares 332.6M

Rigetti Computing, Inc. (NASDAQ: RGTI) is a quantum computing company headquartered in Berkeley, California with an online presence at www.rigetti.com. The company designs, manufactures, and operates superconducting quantum computers intended to solve computationally complex problems across industries including drug… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$7.09M
−34.3% year over year
Last 12 mo $13.35M
-1194.41%
−559.5 percentage points
Last 12 mo -727.62%
$-216.21M
−7.6% year over year
Last 12 mo $-238.67M
-39.58%
+119.2 percentage points
Last 12 mo -44.41%
Cash & financing
$-58.54M
−15.6% year over year
Last 12 mo $-60.72M
$-77.22M
−25.1% year over year
Last 12 mo $-87.58M
—
Was 0.00× a year earlier
309.8M
+67.7% year over year
Last 12 mo 332.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Rigetti Computing, Inc. does

In the company’s own words

Rigetti Computing, Inc. (NASDAQ: RGTI) is a quantum computing company headquartered in Berkeley, California with an online presence at www.rigetti.com. The company designs, manufactures, and operates superconducting quantum computers intended to solve computationally complex problems across industries including drug discovery, materials science, quantitative finance, artificial intelligence, and climate research.

Rigetti's core business model centers on three primary revenue streams: quantum processing unit sales, quantum computing as a service delivered through its Rigetti Quantum Cloud Services platform, and technology development contracts with government and commercial partners. The company operates as a vertically integrated enterprise, owning and operating Fab-1, a dedicated wafer fabrication facility for prototyping and producing its proprietary quantum processors. This in-house manufacturing capability represents a significant competitive advantage, enabling the company to control its entire technology stack from chip design through cloud delivery.

The company's flagship products include the Novera quantum processing unit, the 84-qubit Ankaa-3 system, and the 36-qubit Cepheus-1-36Q system, which utilizes the company's proprietary modular chiplet-based architecture. Rigetti achieved a median two-qubit gate fidelity of 99.6 percent on Cepheus-1-36Q as of January 2026, demonstrating performance improvements through its multi-chip architecture. The company provides cloud access to its quantum computers through direct relationships with enterprises and government organizations, as well as through indirect distribution partnerships with Amazon Web Services and Microsoft Azure.

Rigetti's customer base includes commercial enterprises such as Amazon Web Services, Standard Chartered Bank, and Moody's, alongside U.S. government organizations including the Defense Advanced Research Projects Agency, Department of Energy, and Air Force Research Laboratory. In January 2026, the company received an $8.4 million purchase order from India's Centre for Development of Advanced Computing for a 108-qubit quantum computer system. The company also maintains a collaboration agreement with Quanta Computer, Inc., whereby Quanta develops non-QPU components and both parties invest in quantum computing development over a five-year period.

Company details
Sector
Technology
Industry
Computer Services
Headquarters
BERKELEY, CA
Fiscal year end
December
CIK
1838359
SIC
7371

Financial performance, year by year

Fiscal 2021–2025 · USD
$-263.87M$-188.27M$-112.66M$-37.05M$38.56M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Rigetti Computing, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

218
funds hold it
0 of 35
superinvestors hold it
$1.54B
held by funds, at market
22.9%
of shares held by funds

Largest fund holders · Rigetti Computing, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.20%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%of fund net assets
0.08%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.13%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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