Services-Computer Programming Services · SIC 7371

Rigetti Computing, Inc.

RGTI

Watch

Latest revenue

$4.4M

as of 2026-03-31

Latest net income

$33.1M

as of 2026-03-31

Net margin

752.5%

as of 2026-03-31

Price · 5Y

+22.1% / yr 8.4 pts / yr vs S&P 500 170.7% total
Compare:

Live market

delayed ≤15 min
$26.42
19.87%
Market cap
$8.78B
Enterprise value
$8.78B
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$58.15
52-wk low
$10.30
Beta
Shares out
332.4M

5-year trend

What this company does

AI

ITEM 1.BUSINESS Overview Our mission is to build the world’s most powerful computers to help solve humanity’s most important and pressing problems. Our strategy is to be at the forefront of superconducting quantum computing. Classical computers are plateauing, Moore’s law has slowed, returns for parallelization are diminishing and energy requirements can’t keep up. Today, many of the world’s most important computational challenges remain intractable, lying beyond the capabilities of traditional supercomputers and cloud infrastructure. We build and operate quantum computers. We believe quantum computing represents one of the most transformative emerging capabilities in the world today. By…

AI summary unavailable — showing raw filing excerpt

Generated from RGTI's filing dated 2026-03-04

Key risks

AI

ITEM 1A. Risk Factors RISK FACTORS Investing in our securities involves a high degree of risk. Before you make a decision to buy our securities, in addition to the risk and uncertainties described above under “Cautionary Note Regarding Forward-Looking Statements”, you should carefully consider the risks and uncertainties described below together with all of the other information contained in this Annual Report on Form 10-K. If any of the events or developments described below were to occur, our business, prospects, operating results and financial condition could suffer materially, the trading price of our securities could decline, and you could lose all or part of your investment. The risks…

AI summary unavailable — showing raw filing excerpt

Generated from RGTI's filing dated 2026-03-04

Profitability

Gross margin

29.1%

44.8%

Operating margin

-1194.4%

88.1%

Net margin

-3050.4%

63.8%

Return on equity

-39.6%

78.4%

Return on assets

-32.4%

54.0%

Leverage

Debt / equity

0.22×

86.2%

Long-term debt / equity

0.00×

100.0%

Debt / assets

18.1%

70.6%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$4.4M+198.9%$33.1M-22.3%752.5%

Q4 2025

2025-12-31

$1.9M-17.9%$-63.8M+58.3%-3414.9%

Q3 2025

2025-09-30

$1.9M-18.1%$-198.0M-1234.9%-10169.6%

Q2 2025

2025-06-30

$1.8M-41.6%$3.0M+123.9%164.6%

Q1 2025

2025-03-31

$1.5M-51.8%$42.6M+305.2%2895.3%

Q4 2024

2024-12-31

$2.3M$-153.0M-6726.5%

Q3 2024

2024-09-30

$2.4M-23.4%$-14.8M+33.2%-623.8%

Q2 2024

2024-06-30

$3.1M-7.2%$-12.4M+26.8%-402.5%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Computer Programming Services · SIC 7371

No data yet for industry average

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Insider activity

Insider buying

$0

Insider selling

$28.3M

Net activity

−$28.3M

Distinct insiders

7

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-03-10

Jeffrey A. Bertelsen

CHIEF FINANCIAL OFFICER

Sale4,270$17.52$74.8K
2026-03-10

David Rivas

CHIEF TECHNOLOGY OFFICER

Sale36,719$17.52$643.3K
2026-02-09

Michael S. Clifton

Director

Salederiv.50,000$6.94$347.2K
2026-01-02

Alissa Fitzgerald

Director

Sale59,316$22.41$1.3M
2025-12-09

Michael S. Clifton

Director

Sale150,000$27.34$4.1M
2025-12-09

Michael S. Clifton

Director

Salederiv.64,275$16.28$1.0M
2025-12-09

Michael S. Clifton

Director

Salederiv.35,725$16.72$597.4K
2025-11-20

Jeffrey A. Bertelsen

CHIEF FINANCIAL OFFICER

Sale3,702$26.35$97.6K
2025-11-20

David Rivas

CHIEF TECHNOLOGY OFFICER

Sale41,935$26.34$1.1M
2025-10-17

Helene Gail Sandford

Director

Sale62,000$44.89$2.8M
2025-09-19

Helene Gail Sandford

Director

Sale1$26.98$27
2025-09-19

Helene Gail Sandford

Director

Sale17,634$24.75$436.4K
2025-09-17

Michael S. Clifton

Director

Salederiv.100,000$10.00$1.0M
2025-09-12

Thomas J Iannotti

Director

Sale100,000$19.50$2.0M
2025-09-12

Helene Gail Sandford

Director

Sale7,773$17.09$132.8K
2025-09-12

Helene Gail Sandford

Director

Sale2,649$18.19$48.2K
2025-09-12

Helene Gail Sandford

Director

Sale11,935$19.27$230.0K
2025-09-12

Helene Gail Sandford

Director

Sale2,643$19.92$52.6K
2025-09-12

Ray O Johnson

Director

Sale126,295$20.00$2.5M
2025-09-12

Michael S. Clifton

Director

Sale25,000$17.00$425.0K
2025-09-12

Michael S. Clifton

Director

Sale50,000$20.00$1.0M
2025-09-12

Michael S. Clifton

Director

Salederiv.28,812$7.00$201.7K
2025-09-09

Michael S. Clifton

Director

Sale100,000$15.39$1.5M
2025-09-09

Michael S. Clifton

Director

Salederiv.25,000$5.69$142.1K
2025-08-20

David Rivas

CHIEF TECHNOLOGY OFFICER

Sale44,355$14.85$658.5K
2025-08-20

Jeffrey A. Bertelsen

CHIEF FINANCIAL OFFICER

Sale3,919$14.84$58.1K
2025-08-14

Michael S. Clifton

Director

Salederiv.21,188$7.00$148.3K
2025-08-14

Thomas J Iannotti

Director

Sale100,000$16.70$1.7M
2025-07-17

Michael S. Clifton

Director

Sale25,000$17.00$425.0K
2025-07-16

Ray O Johnson

Director

Sale40,420$15.00$606.3K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns RGTI

Institutional value

$1.30B

Total shares held

94.9M

Distinct holders

307

-86 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.25.4M$357.1M-709.2K (-2.7%)Trimmed
2VANGUARD PORTFOLIO MANAGEMENT LLC19.5M$273.3MNew
3VANGUARD CAPITAL MANAGEMENT LLC14.3M$200.2MNew
4UBS Group AG4.8M$68.1M+2.0M (+71.0%)Added
5UNICOM Systems, Inc.3.5M$49.4MNew
6VANGUARD FIDUCIARY TRUST CO2.3M$32.1MNew
7WESTFIELD CAPITAL MANAGEMENT CO LP1.9M$26.6M+959.5K (+102.5%)Added
8American Assets Investment Management, LLC1.6M$23.0M+0 (+0.0%)No change
9Marex Group plc1.5M$21.2M-973.3K (-39.2%)Trimmed
10Nuveen, LLC1.5M$20.4M-482.4K (-24.9%)Trimmed
11Bank of New York Mellon Corp1.3M$18.2M+174.1K (+15.5%)Added
12JPMORGAN CHASE & CO1.3M$16.3M-95.6K (-7.1%)Trimmed
13Clearbridge Investments, LLC911.2K$12.8M-7.7K (-0.8%)Trimmed
14LPL Financial LLC823.7K$11.6M+89.3K (+12.2%)Added
15Swiss National Bank653.3K$9.2M+14.1K (+2.2%)Added
16UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC556.1K$7.8M+14.3K (+2.6%)Added
17RHUMBLINE ADVISERS433.4K$6.1M+35.1K (+8.8%)Added
18Vontobel Holding Ltd.389.8K$5.5M+291.9K (+298.3%)Added
19DEUTSCHE BANK AG\334.2K$4.7M+30.6K (+10.1%)Added
20WELLS FARGO & COMPANY/MN317.8K$4.5M-489.8K (-60.6%)Trimmed

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once RGTI's latest filing finishes processing.