# RIGETTI COMPUTING, INC. (RGTI) · Edgar & Edgarette company card

> Rigetti Computing (RGTI) saw revenue fall 34.3% in FY2025 to $7 million, operating margin -1194% against a 5.7% median for computer programming services, equity 81.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1838359 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/RGTI) · [JSON](https://www.pops4.com/boards/company/RGTI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $7M |
| Revenue growth, 1 year | -34.3% |
| Revenue growth per year | -3.6% |
| Operating margin | -1194.4% (prior year -634.9%) |
| Net margin | -3050.4% |
| Operating cash flow | −$59M |
| Capital spending | $19M |
| Free cash flow | −$77M |
| Cash | $45M |
| Long-term debt | — |
| Total assets | $667M |
| Total equity | $546M |
| Equity ÷ assets | 81.9% |
| Return on equity | -39.6% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 4.5 (safe zone)
- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -1194.4% in FY2025; revenue is hard to predict: its 80% range is ±58%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $7.1M (FY2025). Experience: revenue down 34.3% on the year, down 3.6% a year over 4 years; operating margin -1194.4%, down from -634.9%. Soundness: equity 81.9% of assets, return on equity -39.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.7M and $9.9M next year (method v4.1: its own 4-year record of growth weighed at 50% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.4M to $10.9M. A statistical range, not company guidance. Against peers (12 filers, $50M+ revenue, services-computer programming services): operating margin -1194.4% against a 5.7% median; growth -34.3% against 6.7%.

Range logged 2026-09-25, receipt 0e24462f1a8e8cd1, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-08-20 ([filing](https://www.sec.gov/Archives/edgar/data/1838359/000110465926098999/0001104659-26-098999-index.htm))

## Recent filings

- 8-K · filed 2026-09-08 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1838359/000110465926105662/0001104659-26-105662-index.htm)
- 8-K · filed 2026-08-20 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1838359/000110465926098999/0001104659-26-098999-index.htm)
- 8-K · filed 2026-08-20 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1838359/000110465926098877/0001104659-26-098877-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1838359/000110465926091993/0001104659-26-091993-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1838359/000110465926091979/0001104659-26-091979-index.htm)
- 8-K · filed 2026-06-11 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1838359/000110465926072623/0001104659-26-072623-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001838359.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1838359

## Cite

POPS4, Edgar & Edgarette: RIGETTI COMPUTING, INC. (RGTI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/RGTI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.