Value Sense
RGTI
Rigetti Computing, Inc. (RGTI)
Last Price$7.7(9.0%)
Market Cap$1,565.5M
LTM Gross margin
33.5%
5Y avg
71.2%
Computer Hardware industry median
33.5%
Stock quality & Intrinsic value
5/10
(0.9%) overvalued
RGTI
is (93.0%) overvalued
learn more -->
50+
undervalued stocks
Start beating the S&P 500

Rigetti Computing, Inc. Gross margin

Annual
Quarterly
LTM
Industry median
Company stand-alone
RGTI
Technology
Crunching data... Almost there!
Jan'20Jan'21Dec'21Dec'22Dec'23
Gross margin
60.8%
73.1%
23.5%
78.1%
76.7%
RGTI
Key metrics and insights to make informed decisions.
View full analysis
Overvalued or undervalued?
Check the intrinsic value for RGTI and see if it's the right time to invest.
Dive in

Rigetti Computing, Inc. (RGTI) Gross margin comparison analysis

General

LTM Gross margin

OTHER METRICS

Company name

Revenue growth

EPS growth

Net Income margin

Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
33.5%
(8.3%)
58.3%
(625.5%)
Median Peer Set
40.0%
(0.1%)
0.0%
5.1%
NetApp, Inc. logo
NetApp, Inc.NTAP
70.5%
(1.5%)
(19.3%)
15.7%
Pure Storage, Inc. logo
Pure Storage, Inc.PSTG
70.4%
2.8%
(16.7%)
2.2%
Arista Networks, Inc. logo
Arista Networks, Inc.ANET
64.1%
19.5%
34.5%
40.7%
IonQ, Inc. logo
IonQ, Inc.IONQ
52.2%
N/A
N/A
N/A
Logitech International S.A. logo
Logitech International S.A.LOGI
42.7%
(5.3%)
66.7%
14.2%
Western Digital Corporation logo
Western Digital CorporationWDC
37.3%
5.6%
(51.3%)
(6.1%)
Seagate Technology Holdings plc logo
Seagate Technology Holdings plcSTX
31.8%
(11.3%)
N/A
5.1%
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
24.9%
109.8%
79.3%
8.1%
HP Inc. logo
HP Inc.HPQ
21.7%
(0.3%)
(14.6%)
5.2%
Dell Technologies Inc. logo
Dell Technologies Inc.DELL
21.5%
(13.6%)
36.6%
3.6%

RGTI key stats

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Jan'20Jan'21Dec'21Dec'22Dec'23
Revenue
% growth
0.7
0.0%
5.5
653.6%
8.2
47.9%
13.1
59.9%
12.0
(8.3%)
Cost of Goods Sold (COGS)0.31.56.32.92.8
Gross Profit
% margin
0.4
60.8%
4.1
73.1%
1.9
23.5%
10.2
78.1%
9.2
76.7%
Operating Expenses48.139.136.1113.981.5
Research & Development Expenses (R&D)29.424.126.960.052.8
Selling, General & Administrative Expenses (SG&A)18.715.09.154.027.7
Operating Income
% margin
(47.7)
(6,485.8%)
(35.1)
(633.1%)
(34.1)
(416.4%)
(103.7)
(791.5%)
(72.3)
(602.1%)
Interest Income0.70.10.02.45.1
Interest Expense0.00.02.55.35.8
Pre-tax Income(53.8)(26.1)(38.2)(71.5)(75.1)
Income Tax
% effective tax rate
1.1
(2.0%)
(8.9)
34.1%
(2.5)
6.4%
(35.0)
49.0%
0.0
0.0%
Net Income
% margin
(54.9)
(7,460.4%)
(17.2)
(310.4%)
(38.2)
(466.6%)
(36.5)
(278.5%)
(75.1)
(625.5%)
EPS(0.48)(0.40)(2.10)(0.36)(0.57)
Diluted EPS(0.48)(0.40)(2.10)(0.36)(0.57)
EBITDA
% margin
(43.8)
(5,949.9%)
(35.1)
(633.1%)
(31.1)
(379.8%)
(58.7)
(447.9%)
(61.9)
(515.5%)

Discover more Stock Ideas

Undervalued stocks right now

Undervalued stocks right now

Discover the top 20 best undervalued stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.

3M Return 32.1%
S&P Outperformance 19.1%
Next 3M Predicted Return 20.3%
Undervalued growth stocks

Undervalued growth stocks

Discover the top 20 best undervalued large-cap growth stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.

3M Return 35.3%
S&P Outperformance 22.3%
Next 3M Predicted Return 26.8%
Undervalued dividend stocks

Undervalued dividend stocks

Discover the top 20 best undervalued high-yield dividend stock that offers both growth potential and attractive dividend returns for Mar 2025.

3M Return 28.4%
S&P Outperformance 15.4%
Next 3M Predicted Return 16.9%
More ideas -->

FAQ

1) What is Rigetti Computing, Inc.'s Gross margin?

As of today, Microsoft Corp's last 12-month Gross margin is 33.5%, based on the financial report for Sep 30, 2024 (Q3’2024). The average annual Gross margin for Rigetti Computing, Inc. have been 70.8% over the past three years, and 56.9% over the past five years.

2) Is Rigetti Computing, Inc.'s Gross margin Good?

As of today, Rigetti Computing, Inc.'s Gross margin is 33.5%, which is lower than industry median of 33.5%. It indicates that Rigetti Computing, Inc.'s Gross margin is Bad.

3) How does Rigetti Computing, Inc.'s Gross margin compare to its peers?

As of today, Rigetti Computing, Inc.'s Gross margin is 33.5%, which is lower than peer median of 40.0%. The list of peers includes NTAP, PSTG, ANET, IONQ, LOGI, WDC, STX, SMCI, HPQ, DELL.