# Rigetti Computing Inc. (RGTI) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $15.20, market value $5.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Rigetti Computing Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 379.9×**. Each dollar of revenue is priced at 379.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 9.4×**. The shares trade at 9.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -1.7%** (5-yr avg -40.9%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 34.6%**. Rigetti Computing Inc. keeps 34.6% of revenue after the direct cost of what it sells.
- **Operating margin: -727.6%**. Operating margin is negative: the business loses money before interest and tax.
- **Return on equity: -39.6%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -15.3%**. Return on all capital, debt included, is -15.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -35.8%**. Each dollar of assets produces -35.8% of profit.

## Growth
- **Revenue growth (1 yr): -34.3%** (3-yr -18.5%/yr). Revenue fell 34.3% over the last year.
- **EPS growth (1 yr): 35.8%**. Earnings per share rose 35.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Current ratio: 37.42** (quick 37.42). Current assets cover the next year's liabilities 37.42 times.
- **Altman Z-score: 26.82**. A Z-score of 26.82 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Rigetti Computing Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 0.5%** (YTD -31.4%, 3-mo -26.5%). The shares are up 0.5% over twelve months including dividends.
- **From 52-week high: -73.9%** (21.3% above the low). Trading 74% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 43**. An RSI of 43 is neutral.
- **Beta (1 yr): 3.93** (volatility 107%). Beta of 3.93 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RGTI · Page: https://foliofundamentals.com/stocks/rgti

Not investment advice.