STOCK TITAN

Rigetti Computing Stock Price, News & Analysis

RGTI NASDAQ

Company Description

Rigetti Computing Inc: Pioneering Full-Stack Quantum Computing

Rigetti Computing Inc (RGTI) stands as a trailblazer in the quantum computing revolution, integrating cutting-edge quantum hardware and robust classical computing infrastructures. At its core, Rigetti is dedicated to developing scalable, high-performance quantum systems with a full-stack approach that merges proprietary quantum-classical architectures to address some of humanity's greatest computational challenges. With a foundation rooted in rigorous scientific research and innovative engineering, the company builds and operates quantum processors designed to tackle complex computational problems across enterprise, government, and academic research sectors.

Innovative Technology & Scalable Systems

Rigetti’s technology is marked by its revolutionary use of superconducting qubits, leveraging well-established semiconductor manufacturing artistry. The design of its qubits, based on Josephson Junction technology, is enhanced through proprietary techniques that allow precise frequency targeting and improved qubit connectivity. The company’s multi-chip quantum processor architecture enables seamless scaling of quantum processing units (QPUs), ensuring that increases in qubit count do not compromise overall system performance or gate fidelity. Quantum computing industry keywords such as "superconducting qubits" and "modular architecture" naturally appear in its narrative, underlining its technical competence.

Full-Stack Quantum-Classical Integration

What sets Rigetti apart is its complete vertical integration – from chip design and quantum device manufacturing to comprehensive quantum-classical software systems. Its proprietary quantum-cloud services platform not only offers on-demand access to cutting-edge quantum processors but also enables ultra-low latency integration with major public and private cloud infrastructures. This unique integration is engineered to facilitate practical quantum computing applications, bridging the gap between emerging quantum algorithms and traditional high-performance computing environments.

In-House Manufacturing & Research Excellence

The company’s in-house quantum foundry, Fab-1, is a pioneering asset. As the first dedicated quantum device manufacturing facility in the industry, Fab-1 allows Rigetti to tightly control chip fabrication processes, from material selection to advanced chip tuning methods. Techniques such as the Alternating-Bias Assisted Annealing (ABAA) have been developed to enhance the precision and reproducibility of superconducting qubits, paving the way for larger, more reliable QPU designs. This commitment to research excellence is echoed in its published studies and peer-reviewed research that elucidate its innovations in modular chip architectures and low-latency quantum error correction frameworks.

Robust Ecosystem & Strategic Collaborations

Rigetti’s business model is bolstered by its extensive network of industry partnerships. Collaborations with leading quantum software firms, hardware integrators, and academic institutions help refine its products and expand its reach. The company’s strategic initiatives such as the Novera QPU Partner Program serve as platforms for integrating complementary technologies from control systems to advanced cooling solutions, thereby enhancing operational efficiency and system performance. Each partner is carefully selected based on their technical expertise and their contribution to the growing quantum ecosystem, underscoring Rigetti’s commitment to collaborative innovation.

Market Position & Operational Expertise

Since its inception, Rigetti has consistently demonstrated its ability to overcome the technical challenges inherent in developing quantum computing systems. Its operational model, which includes cloud deployment and on-premises solutions, addresses the nuanced demands of different customer segments – from enterprise R&D labs to national research institutions. The company maintains an unbiased approach in delivering factual information on its hardware capabilities, system integration techniques, and quantum algorithm optimization processes, ensuring transparency and reinforcing its reputation within the quantum computing community.

Technical Differentiators and Industry Impact

Rigetti’s quantum processors are notable for their scalable multi-chip designs that facilitate rapid, robust 2-qubit interactions and low error rates. Its systems are engineered to perform fast gate operations—crucial for executing complex quantum algorithms—and to integrate smoothly with existing classical computing infrastructure. By maintaining a balanced presentation of technical specifications and operational insights, Rigetti emphasizes its unique value proposition: a blend of innovation, manufacturing excellence, and strategic ecosystem collaborations that collectively drive the quantum computing field forward.

Commitment to Research and Continuous Improvement

Rigetti is characterized by its relentless pursuit of research and development. The company continually refines its qubit control techniques and error correction strategies through rigorous in-house testing and collaborative academic research. This research-driven approach not only enhances current system performance but also lays the foundation for future scalable quantum architectures, reinforcing its position as a trusted and authoritative source in the quantum computing domain.

Conclusion

In summary, Rigetti Computing Inc embodies a fusion of scientific ingenuity, advanced engineering, and strategic market positioning. Its full-stack quantum computing platform, in-house manufacturing capabilities, and collaborative approach to innovation enable a comprehensive solution uniquely suited for solving some of the most sophisticated computational problems. For investors, researchers, and industry stakeholders, Rigetti represents a beacon of cutting-edge technology underpinned by deep technical expertise, operational integrity, and an unwavering commitment to advancing quantum computing as a transformative technology.

Stock Performance

$—
0.00%
0.00
Last updated:
1550.8 %
Performance 1 year
$2.4B
Market Cap
285.8M
Shares outstanding

SEC Filings

No SEC filings available for Rigetti Computing.

Financial Highlights

$10,790,000
Revenue (TTM)
-$200,988,000
Net Income (TTM)
-$1.09
Diluted EPS (TTM)
-$50,627,000
Operating Cash Flow
-1,862.72%
Net Profit Margin
-634.94%
Oper. Profit Margin

Upcoming Events

Frequently Asked Questions

What is the current stock price of Rigetti Computing (RGTI)?

The current stock price of Rigetti Computing (RGTI) is $9.3 as of April 24, 2025.

What is the market cap of Rigetti Computing (RGTI)?

The market cap of Rigetti Computing (RGTI) is approximately 2.4B.

What is the revenue (TTM) of Rigetti Computing (RGTI) stock?

The trailing twelve months (TTM) revenue of Rigetti Computing (RGTI) is $10,790,000.

What is the net income of Rigetti Computing (RGTI)?

The trailing twelve months (TTM) net income of Rigetti Computing (RGTI) is -$200,988,000.

What is the earnings per share (EPS) of Rigetti Computing (RGTI)?

The diluted earnings per share (EPS) of Rigetti Computing (RGTI) is -$1.09 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Rigetti Computing (RGTI)?

The operating cash flow of Rigetti Computing (RGTI) is -$50,627,000.

What is the profit margin of Rigetti Computing (RGTI)?

The net profit margin of Rigetti Computing (RGTI) is -1,862.72%.

What is the operating margin of Rigetti Computing (RGTI)?

The operating profit margin of Rigetti Computing (RGTI) is -634.94%.

What is the gross margin of Rigetti Computing (RGTI)?

The gross profit margin of Rigetti Computing (RGTI) is 52.80%.

What is the current ratio of Rigetti Computing (RGTI)?

The current ratio of Rigetti Computing (RGTI) is 17.42, indicating the company's ability to pay short-term obligations.

What is the gross profit of Rigetti Computing (RGTI)?

The gross profit of Rigetti Computing (RGTI) is $5,697,000 on a trailing twelve months (TTM) basis.

What is the operating income of Rigetti Computing (RGTI)?

The operating income of Rigetti Computing (RGTI) is -$68,510,000.

What is the core business of Rigetti Computing Inc?

Rigetti Computing Inc develops full-stack quantum computing systems that integrate superconducting qubits with quantum-classical infrastructure to solve complex computational challenges.

How does Rigetti differentiate itself from other quantum computing companies?

Rigetti distinguishes itself with its in-house quantum device manufacturing at Fab-1, scalable multi-chip quantum processor architecture, and a comprehensive cloud platform that enables ultra-low latency integration with classical systems.

What technological innovations has Rigetti developed?

The company has pioneered methods such as Alternating-Bias Assisted Annealing (ABAA) for precise qubit frequency targeting, developed the industry’s first multi-chip quantum processor, and integrated advanced quantum error correction techniques.

Who are Rigetti’s primary customers?

Rigetti serves a diverse customer base including global enterprises, government research institutions, and academic organizations, all of which require high-performance quantum computing for research and development.

How does Rigetti generate revenue?

Revenue is generated through the sale and leasing of cloud-accessible quantum computing systems and on-premises quantum processors, along with strategic partnerships that enhance its service offerings.

What role do partnerships play in Rigetti's strategy?

Partnerships are central to Rigetti’s strategy; through initiatives like the Novera QPU Partner Program, the company collaborates with hardware, software, and service providers to strengthen its ecosystem and drive technological innovation.

How is Rigetti contributing to advancements in quantum computing?

Rigetti’s continuous research, in-house manufacturing capabilities, scalable processor designs, and strategic industry collaborations enable it to push the boundaries of quantum technology and deliver practical quantum computing solutions.