NASDAQ$RGTI

Rigetti Computing Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Rigetti Computing reported Q4 2024 revenue of $2.3M.

For Q4 2024, Rigetti Computing reported Revenue was $2.3M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $2.3M for Q4 2024.
  • MD&A highlights operating priorities, liquidity, and sector risks.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$2.3M

Previous: $3.38M-31.9%
EPS (adj)

-$0.08

Previous: -$0.09+11.1%
Operating Loss

$18.5M

No prior period
GAAP Net Loss

$153M

No prior period
Non-GAAP Net Loss

$14M

No prior period
Capital Expenditures

-$1.28M

Previous: -$1.55M+17.2%
Net Income

-$153M

Previous: -$12.6M-1114.0%
Operating Income

-$18.5M

Previous: -$17.2M-7.5%
Gross Profit

-$748K

Previous: $1.08M-169.5%
R&D Expense

$13.7M

Previous: $11.3M+20.3%

Revenue & EPS history

Rigetti · Revenue · Quarterly

$2.3M

Q4 2024-31.9%vs Q4 2023
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Forward guidance

Outlook emphasizes clinical milestones, cash runway, and R&D spend.

Tailwinds

  • Pipeline progress and partnership optionality.
  • Balance-sheet flexibility where noted.

Headwinds

  • Operating losses until commercialization.
  • Trial, regulatory, and financing risks.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.3%

Avg return

Earnings day

+5.4%

Avg return

5 days after

+10.6%

Avg return

30 days after

40%

8 / 20 earnings

Positive

+38.2%

Q2 2023

Best reaction

-14.7%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.5%-5.9%+1.5%
Q4 2025-4.4%-4.3%-20.1%
Q3 2025-2.7%-23.0%-18.7%
Q1 2025-14.7%+2.6%+4.8%
Q4 2024+4.0%-1.6%-8.3%
Q3 2024+11.8%-7.2%+292.8%
Q2 2024+1.6%+15.3%-3.1%
Q1 2024-7.2%+5.6%-18.4%
Q4 2023-3.4%-14.2%-42.2%
Q3 2023-7.6%+13.3%-1.0%
Q2 2023+38.2%+35.8%+20.0%
Q1 2023-5.4%+5.5%+173.1%
Q4 2022-1.8%+29.1%-19.3%
Q3 2022+6.5%+12.9%-34.7%
Q2 2022+8.3%+20.6%-45.9%
Q1 2022-1.0%+11.5%-42.0%
Q4 2021-9.2%-0.6%-26.7%
Q3 2021+6.4%+12.6%-0.2%
Q2 2021-0.3%-0.4%+0.1%
Q1 2021-0.1%-0.3%+0.3%

Discussion

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