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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 1.8M | 22.4% |
| Gross Profit | 570,000 | 28.1% |
| Cost of Revenue | 1.2M | 19.9% |
| Operating expense | 22M | 1.8% |
| Net Income | -40M | 193% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 637M | 136.6% |
| Total Liabilities | 83M | 34.5% |
| Total Equity | 553M | 167.1% |
| Shares Outstanding | 323M | 7% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | -16M | 18.4% |
| Cash from financing | 382M | 5410.6% |
EPS
Financial Highlights for Rigetti Computing in Q2 '25
Rigetti Computing reported a revenue of 1.8M, which is a 22.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 570,000, marking a 28.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.2M, a 19.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 22M, showing a -1.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -40M, showing a -193% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Rigetti Computing faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
