Rigetti Gross Profit from 2010 to 2025

RGTI Stock  USD 9.83  1.41  12.54%   
Rigetti Computing's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 5.7 M. Gross Profit is the profit Rigetti Computing makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
10.6 M
Current Value
5.7 M
Quarterly Volatility
3.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rigetti Computing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rigetti Computing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 M, Selling General Administrative of 25.7 M or Selling And Marketing Expenses of 3.7 M, as well as many indicators such as Price To Sales Ratio of 11.83, Dividend Yield of 0.0 or PTB Ratio of 1.12. Rigetti financial statements analysis is a perfect complement when working with Rigetti Computing Valuation or Volatility modules.
  
Check out the analysis of Rigetti Computing Correlation against competitors.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.

Latest Rigetti Computing's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Rigetti Computing over the last few years. Gross profit is a required income statement account that reflects total revenue of Rigetti Computing minus its cost of goods sold. It is profit before Rigetti Computing operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Rigetti Computing's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rigetti Computing's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.21 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Rigetti Gross Profit Regression Statistics

Arithmetic Mean2,885,062
Geometric Mean1,180,213
Coefficient Of Variation133.60
Mean Deviation3,167,561
Median447,320
Standard Deviation3,854,342
Sample Variance14.9T
Range10.1M
R-Value0.77
Mean Square Error6.5T
R-Squared0.59
Significance0.0005
Slope622,364
Total Sum of Squares222.8T

Rigetti Gross Profit History

20255.7 M
202410.6 M
20239.2 M
202210.2 M
20211.9 M
20204.1 M

Other Fundumenentals of Rigetti Computing

Rigetti Computing Gross Profit component correlations

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0.95-0.89-0.71-0.960.560.94-0.97-0.970.89-0.820.950.910.82-0.520.96-0.6-0.77-0.73
-0.77-0.890.750.89-0.49-0.770.790.95-0.860.92-0.76-0.85-0.80.77-0.810.590.770.72
-0.66-0.710.750.540.11-0.620.540.8-0.640.87-0.68-0.5-0.70.78-0.490.180.240.22
-0.9-0.960.890.54-0.7-0.910.960.92-0.90.77-0.88-0.95-0.80.47-0.970.630.880.79
0.480.56-0.490.11-0.70.5-0.69-0.460.42-0.170.440.640.210.090.77-0.77-0.9-0.9
0.990.94-0.77-0.62-0.910.5-0.94-0.920.87-0.750.990.880.84-0.390.9-0.4-0.72-0.57
-0.95-0.970.790.540.96-0.69-0.940.9-0.820.67-0.94-0.89-0.720.31-0.990.620.820.76
-0.93-0.970.950.80.92-0.46-0.920.9-0.880.9-0.93-0.87-0.850.65-0.880.480.750.64
0.830.89-0.86-0.64-0.90.420.87-0.82-0.88-0.90.840.970.97-0.70.81-0.51-0.64-0.61
-0.75-0.820.920.870.77-0.17-0.750.670.9-0.9-0.76-0.8-0.930.9-0.660.370.510.46
1.00.95-0.76-0.68-0.880.440.99-0.94-0.930.84-0.760.830.81-0.40.89-0.39-0.67-0.54
0.840.91-0.85-0.5-0.950.640.88-0.89-0.870.97-0.80.830.88-0.560.9-0.65-0.79-0.77
0.810.82-0.8-0.7-0.80.210.84-0.72-0.850.97-0.930.810.88-0.760.69-0.32-0.5-0.42
-0.38-0.520.770.780.470.09-0.390.310.65-0.70.9-0.4-0.56-0.76-0.320.250.230.27
0.910.96-0.81-0.49-0.970.770.9-0.99-0.880.81-0.660.890.90.69-0.32-0.71-0.88-0.85
-0.4-0.60.590.180.63-0.77-0.40.620.48-0.510.37-0.39-0.65-0.320.25-0.710.670.95
-0.71-0.770.770.240.88-0.9-0.720.820.75-0.640.51-0.67-0.79-0.50.23-0.880.670.87
-0.57-0.730.720.220.79-0.9-0.570.760.64-0.610.46-0.54-0.77-0.420.27-0.850.950.87
Click cells to compare fundamentals

About Rigetti Computing Financial Statements

Investors use fundamental indicators, such as Rigetti Computing's Gross Profit, to determine how well the company is positioned to perform in the future. Although Rigetti Computing's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit10.6 M5.7 M
Gross Profit Margin 0.69  0.50 

Currently Active Assets on Macroaxis

When determining whether Rigetti Computing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rigetti Computing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rigetti Computing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rigetti Computing Stock:
Check out the analysis of Rigetti Computing Correlation against competitors.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rigetti Computing. If investors know Rigetti will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rigetti Computing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Revenue Per Share
0.073
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.26)
Return On Equity
(0.51)
The market value of Rigetti Computing is measured differently than its book value, which is the value of Rigetti that is recorded on the company's balance sheet. Investors also form their own opinion of Rigetti Computing's value that differs from its market value or its book value, called intrinsic value, which is Rigetti Computing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rigetti Computing's market value can be influenced by many factors that don't directly affect Rigetti Computing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rigetti Computing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigetti Computing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigetti Computing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.