Rigetti Computing Inc
NASDAQ:RGTI
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Rigetti Computing Inc
Net Income (Common)
Rigetti Computing Inc
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
R
|
Rigetti Computing Inc
NASDAQ:RGTI
|
Net Income (Common)
-$75.1m
|
CAGR 3-Years
-42%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Qualcomm Inc
NASDAQ:QCOM
|
Net Income (Common)
$10.1B
|
CAGR 3-Years
4%
|
CAGR 5-Years
18%
|
CAGR 10-Years
2%
|
|
|
Texas Instruments Inc
NASDAQ:TXN
|
Net Income (Common)
$4.9B
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-1%
|
CAGR 10-Years
7%
|
|
|
NVIDIA Corp
NASDAQ:NVDA
|
Net Income (Common)
$63.1B
|
CAGR 3-Years
97%
|
CAGR 5-Years
92%
|
CAGR 10-Years
60%
|
|
|
Broadcom Inc
NASDAQ:AVGO
|
Net Income (Common)
$5.9B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
17%
|
CAGR 10-Years
36%
|
|
|
Advanced Micro Devices Inc
NASDAQ:AMD
|
Net Income (Common)
$1.8B
|
CAGR 3-Years
-23%
|
CAGR 5-Years
54%
|
CAGR 10-Years
43%
|
|
Rigetti Computing Inc
Glance View
Rigetti Computing Inc. stands as a pioneer in the burgeoning field of quantum computing, a realm that promises to reshape industries with its potential to solve complex problems much faster than traditional computers. Founded by Chad Rigetti in 2013, the company is nestled in Berkeley, California and is devoted to developing full-stack quantum computing solutions. This holistic approach involves both building quantum processors and creating a software platform, Forest, which allows developers to write quantum algorithms that harness the full power of Rigetti's quantum computers. By offering access via the cloud, Rigetti democratizes quantum computing, allowing businesses and researchers to experiment and solve large-scale computational problems previously deemed intractable. At the core of Rigetti’s business model is the development and commercialization of its Quantum Cloud Services (QCS), which offers a pay-per-use access model. Users, ranging from multinational corporations to innovative startups and academic institutions, access Rigetti's quantum systems to enhance processes like optimization, machine learning, and complex simulations. The company monetizes these services through subscription fees, partnerships, and licensing agreements. Moreover, Rigetti actively collaborates on research and development projects, further capitalizing on advancements to cement its role as a leading player in quantum technology—an industry poised for transformative impact across finance, pharmaceuticals, and logistics, among others.
See Also
What is Rigetti Computing Inc's Net Income (Common)?
Net Income (Common)
-75.1m
USD
Based on the financial report for Dec 31, 2023, Rigetti Computing Inc's Net Income (Common) amounts to -75.1m USD.
What is Rigetti Computing Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 3Y
-42%
Over the last year, the Net Income (Common) growth was -5%. The average annual Net Income (Common) growth rates for Rigetti Computing Inc have been -42% over the past three years .
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