Rigetti Computing, Inc. Research & Development Expenses (R&D)
| Jan'20 | Jan'21 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|
| Research & Development Expenses (R&D) | $29.4M | $24.1M | $26.9M | $60.0M | $52.8M |
Rigetti Computing, Inc. (RGTI) Research & Development Expenses (R&D) comparison analysis
General
LTM Research & Development Expenses (R&D)
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 Research & Development Expenses (R&D)?
As of today, Rigetti Computing, Inc.'s last 12-month Research & Development Expenses (R&D) is $45.7M, based on the financial report for Sep 30, 2024 (Q3’2024).
2) What is Rigetti Computing, Inc.'s Research & Development Expenses (R&D) growth rate?
Over the last year, Rigetti Computing, Inc.'s Research & Development Expenses (R&D) growth was (18.3%). The average annual Research & Development Expenses (R&D) growth rates for Rigetti Computing, Inc. have been 54.2% over the past three years, 52.6% over the past five years.
3) Is Rigetti Computing, Inc.'s Research & Development Expenses (R&D) growth rate Good?
Over the last year, Rigetti Computing, Inc.'s Research & Development Expenses (R&D) growth was (18.3%), which is lower than industry growth of (0.3%). It indicates that Rigetti Computing, Inc.'s Research & Development Expenses (R&D) growth is Good.