Rigetti Computing, Inc.
RGTINasdaqTechnology · Services-Computer Programming Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $7.1M | $10.8M | $12.0M | $13.1M | $8.2M | — |
| Operating income | −$84.7M | −$68.5M | −$72.3M | −$109.1M | −$4.9M | −$14,691 |
| Net income | −$216.2M | −$201.0M | −$75.1M | −$71.5M | −$23.2M | −$14,691 |
| Total assets | $666.6M | $284.8M | $159.9M | $203.4M | $345.8M | $43,309 |
| Total liabilities | $120.4M | $158.2M | $50.3M | $53.2M | $47.3M | $33,000 |
| Equity | $546.2M | $126.6M | $109.6M | $150.2M | −$46.5M | $0 |
| EPS (diluted) | $-0.70 | $-1.09 | $-0.57 | $-0.70 | $-1.64 | — |
| Shares out. | 285.8M | 158.9M | 128.8M | 23.6M | 18.2M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −1194.4%
- Net margin
- −3050.4%
- Return on equity
- −39.6%
- Return on assets
- −32.4%
- Return on capital (ROCE)
- −12.9%
- Liabilities / assets
- 18.1%
- Debt / equity
- 0.22×
- Book value / share
- $1.91
- Revenue growth (YoY)
- −34.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 4.50safe
- Accruals / assets
- −23.7%clean
- Beneish M-Score
- -2.39normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 4 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2022
- NT 10-Qmissed a reporting deadline ↗May 14, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Capital Management LlcPassive (13G)Apr 30, 2026
- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Blackrock, Inc.Passive (13G)Jul 17, 2025
- American Assets Investment Management, LlcPassive (13G)Feb 13, 2025
- Cvi Investments, Inc.Passive (13G)Feb 7, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Rivas DavidOfficer — CHIEF TECHNOLOGY OFFICER | May 29, 2026 | Option exercise | 75,131 | $0.27 |
| Kulkarni Subodh KOfficer — President and CEO | May 28, 2026 | Option exercise | 70,000 | $0.96 |
| Bertelsen Jeffrey A.Officer — CHIEF FINANCIAL OFFICER | May 22, 2026 | Sell | 3,669 | $22.94 |
| Rivas DavidOfficer — CHIEF TECHNOLOGY OFFICER | May 22, 2026 | Sell | 18,729 | $22.95 |
| Bertelsen Jeffrey A.Officer — CHIEF FINANCIAL OFFICER | Mar 10, 2026 | Sell | 4,270 | $17.52 |
| Rivas DavidOfficer — CHIEF TECHNOLOGY OFFICER | Mar 10, 2026 | Sell | 36,719 | $17.52 |
| Fitzgerald AlissaDirector | Jan 2, 2026 | Sell | 59,316 | $22.41 |
| Clifton Michael S.Director | Dec 9, 2025 | Sell | 150,000 | $27.34 |
| Bertelsen Jeffrey A.Officer — CHIEF FINANCIAL OFFICER | Nov 20, 2025 | Sell | 3,702 | $26.35 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 49.2M | 1.7 | -2.4% |
| Apr 30, 2026 | 50.4M | 1.7 | +4.5% |
| Apr 15, 2026 | 48.2M | 1.6 | -2.0% |
| Mar 31, 2026 | 49.2M | 2.0 | +8.3% |
| Mar 13, 2026 | 45.4M | 1.7 | +1.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Unregistered equity sale · Regulation FD disclosure · Other material eventMay 21, 2026
- Results of operationsMay 11, 2026
- Entered a material agreementApr 21, 2026
- Regulation FD disclosure · Other material eventApr 7, 2026
- Director / officer changeMar 20, 2026
- Results of operationsMar 4, 2026
- Regulation FD disclosureJan 20, 2026
- Regulation FD disclosure · Other material eventJan 9, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 144Jun 1, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESJun 1, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESJun 1, 2026
- 144May 29, 2026
- 144May 28, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESMay 26, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESMay 26, 2026
- 144May 22, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESMay 22, 2026
- 144May 22, 2026
- 144May 21, 2026
- 8-KFORM 8-KMay 21, 2026
- SDFORM SDMay 19, 2026
- S-8FORM S-8May 11, 2026
- 10-QMay 11, 2026
Event-driven situations (2)
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