Rigetti Income Before Tax from 2010 to 2024

RGTI Stock  USD 2.40  0.20  9.09%   
Rigetti Computing's Income Before Tax is decreasing with slightly volatile movements from year to year. Income Before Tax is predicted to flatten to about -78.9 M. For the period between 2010 and 2024, Rigetti Computing, Income Before Tax quarterly trend regression had median of (26,127,496) and r-value of (0.78). View All Fundamentals
 
Income Before Tax  
First Reported
2020-12-31
Previous Quarter
-12.4 M
Current Value
-14.8 M
Quarterly Volatility
7.4 M
 
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 5.7 M, Interest Expense of 3.4 M or Selling General Administrative of 26.1 M, as well as many indicators such as Price To Sales Ratio of 10.28, Dividend Yield of 0.0 or PTB Ratio of 1.25. 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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Rigetti Computing over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Rigetti Computing income statement and is an important metric when analyzing Rigetti Computing profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Rigetti Computing's Income Before Tax 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.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Rigetti Income Before Tax Regression Statistics

Arithmetic Mean(38,588,175)
Coefficient Of Variation(52.86)
Mean Deviation16,660,529
Median(26,127,496)
Standard Deviation20,397,666
Sample Variance416.1T
Range52.7M
R-Value(0.78)
Mean Square Error176.7T
R-Squared0.61
Significance0.0006
Slope(3,549,358)
Total Sum of Squares5824.9T

Rigetti Income Before Tax History

2024-78.9 M
2023-75.1 M
2022-71.5 M
2021-38.2 M
2019-53.8 M

About Rigetti Computing Financial Statements

Investors use fundamental indicators, such as Rigetti Computing's Income Before Tax, 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
Income Before Tax-75.1 M-78.9 M

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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.