Rigetti Computing, Inc. Gross Profit
| Jan'20 | Jan'21 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|
| Gross Profit | $447.3K | $4,051.0K | $1,922.0K | $10.2M | $9,208.0K |
Rigetti Computing, Inc. (RGTI) Gross Profit comparison analysis
General
LTM Gross Profit
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
RGTI key stats
| Jan'20 | Jan'21 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|
% 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) | 0.3 | 1.5 | 6.3 | 2.9 | 2.8 |
% margin | 0.4 60.8% | 4.1 73.1% | 1.9 23.5% | 10.2 78.1% | 9.2 76.7% |
| Operating Expenses | 48.1 | 39.1 | 36.1 | 113.9 | 81.5 |
| Research & Development Expenses (R&D) | 29.4 | 24.1 | 26.9 | 60.0 | 52.8 |
| Selling, General & Administrative Expenses (SG&A) | 18.7 | 15.0 | 9.1 | 54.0 | 27.7 |
% margin | (47.7) (6,485.8%) | (35.1) (633.1%) | (34.1) (416.4%) | (103.7) (791.5%) | (72.3) (602.1%) |
| Interest Income | 0.7 | 0.1 | 0.0 | 2.4 | 5.1 |
| Interest Expense | 0.0 | 0.0 | 2.5 | 5.3 | 5.8 |
| Pre-tax Income | (53.8) | (26.1) | (38.2) | (71.5) | (75.1) |
% effective tax rate | 1.1 (2.0%) | (8.9) 34.1% | (2.5) 6.4% | (35.0) 49.0% | 0.0 0.0% |
% 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) |
% margin | (43.8) (5,949.9%) | (35.1) (633.1%) | (31.1) (379.8%) | (58.7) (447.9%) | (61.9) (515.5%) |
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FAQ
1) What is Rigetti Computing, Inc.'s Gross Profit?
As of today, Rigetti Computing, Inc.'s last 12-month Gross Profit is $3,984.0K, based on the financial report for Sep 30, 2024 (Q3’2024).
2) What is Rigetti Computing, Inc.'s Gross Profit growth rate?
Over the last year, Rigetti Computing, Inc.'s Gross Profit growth was (66.6%). The average annual Gross Profit growth rates for Rigetti Computing, Inc. have been 7.9% over the past three years, 29.8% over the past five years.
3) Is Rigetti Computing, Inc.'s Gross Profit growth rate Good?
Over the last year, Rigetti Computing, Inc.'s Gross Profit growth was (66.6%), which is lower than industry growth of (0.4%). It indicates that Rigetti Computing, Inc.'s Gross Profit growth is Bad.