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Rigetti Computing Inc
NASDAQ:RGTI

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Rigetti Computing Inc
NASDAQ:RGTI
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Price: 10.04 USD -45.41% Market Closed
Market Cap: 2.4B USD
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Gross Margin
Rigetti Computing Inc

60.6%
Current
73%
Average
28.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
60.6%
=
Gross Profit
7.2m
/
Revenue
11.9m

Gross Margin Across Competitors

Country US
Market Cap 2.4B USD
Gross Margin
61%
Country US
Market Cap 3.4T USD
Gross Margin
76%
Country US
Market Cap 1.1T USD
Gross Margin
64%
Country TW
Market Cap 28.7T TWD
Gross Margin
54%
Country US
Market Cap 197.2B USD
Gross Margin
48%
Country US
Market Cap 177.1B USD
Gross Margin
56%
Country US
Market Cap 174.8B USD
Gross Margin
59%
Country UK
Market Cap 152.6B USD
Gross Margin
96%
Country US
Market Cap 110.7B USD
Gross Margin
31%
Country US
Market Cap 109.4B USD
Gross Margin
57%
Country US
Market Cap 102.3B USD
Gross Margin
40%
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Rigetti Computing Inc
Glance View

Market Cap
2.4B USD
Industry
Semiconductors

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.

RGTI Intrinsic Value
0.72 USD
Overvaluation 93%
Intrinsic Value
Price
R
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
60.6%
=
Gross Profit
7.2m
/
Revenue
11.9m
What is the Gross Margin of Rigetti Computing Inc?

Based on Rigetti Computing Inc's most recent financial statements, the company has Gross Margin of 60.6%.