Rigetti Computing Past Earnings Performance
Past criteria checks 0/6
Rigetti Computing's earnings have been declining at an average annual rate of -26%, while the Semiconductor industry saw earnings growing at 29.5% annually. Revenues have been growing at an average rate of 30.5% per year.
Key information
-26.0%
Earnings growth rate
72.4%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | 30.5% |
| Return on equity | -68.5% |
| Net Margin | -625.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Rigetti Computing, Inc.'s (NASDAQ:RGTI) 65% Jump Shows Its Popularity With Investors
Feb 28
Rigetti Computing, Inc. (NASDAQ:RGTI) Stocks Pounded By 36% But Not Lagging Industry On Growth Or Pricing
Nov 11Analysts Have Just Cut Their Rigetti Computing, Inc. (NASDAQ:RGTI) Revenue Estimates By 17%
May 19Rigetti Computing Matches IBM By Producing Deep Red
Sep 29Rigetti announces new partnerships
Sep 16Deutsche Bank initiates coverage on Rigetti Computing with buy rating
Aug 09Rigetti Computing board chairman to step down
Jul 06Revenue & Expenses BreakdownBeta
How Rigetti Computing makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 12 | -75 | 28 | 53 |
| 30 Sep 23 | 15 | -85 | 31 | 56 |
| 30 Jun 23 | 14 | -82 | 41 | 60 |
| 31 Mar 23 | 13 | -77 | 51 | 59 |
| 31 Dec 22 | 13 | -72 | 54 | 60 |
| 30 Sep 22 | 9 | -63 | 48 | 52 |
| 30 Jun 22 | 9 | -54 | 36 | 42 |
| 31 Mar 22 | 9 | -52 | 23 | 36 |
| 31 Dec 21 | 9 | -42 | 15 | 29 |
| 31 Oct 21 | 8 | -38 | 15 | 27 |
| 31 Jul 21 | 7 | -34 | 14 | 26 |
| 30 Apr 21 | 6 | -30 | 14 | 25 |
| 31 Jan 21 | 6 | -26 | 15 | 24 |
| 31 Jan 20 | 1 | -54 | 19 | 29 |
Quality Earnings: RGTI is currently unprofitable.
Growing Profit Margin: RGTI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RGTI is unprofitable, and losses have increased over the past 5 years at a rate of 26% per year.
Accelerating Growth: Unable to compare RGTI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RGTI is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-13.5%).
Return on Equity
High ROE: RGTI has a negative Return on Equity (-68.54%), as it is currently unprofitable.