Rigetti Computing, Inc. balance sheet
At the end of fiscal 2025, Rigetti Computing, Inc. had total assets of $667m, total liabilities of $120m and shareholders' equity of $546m. It held $44.9m in cash against $0 of debt: net cash of $44.9m.
Balance sheet
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Cash and equivalents | 12 | 58 | 21 | 68 | 45 | 28 |
| Receivables | 2 | 6 | 5 | 2 | 3 | 4 |
| Total current assets | 18 | 154 | 108 | 207 | 455 | 414 |
| Goodwill | 5 | 0 | — | — | — | — |
| Total assets | 46 | 203 | 160 | 285 | 667 | 648 |
| Accounts payable | 2 | 2 | 6 | 2 | 3 | 14 |
| Deferred revenue (current) | 1 | 1 | 0 | 0 | 1 | 3 |
| Total current liabilities | 8 | 22 | 29 | 12 | 12 | 105 |
| Short-term debt | 1 | 8 | 12 | 0 | — | — |
| Long-term debt | 27 | 21 | 10 | 0 | — | — |
| Total debt | 27 | 31 | 22 | 0 | 0 | 0 |
| Total liabilities | 36 | 53 | 50 | 158 | 120 | 111 |
| Shareholders' equity | −72 | 150 | 110 | 127 | 546 | 537 |
| Non-controlling interests and other (assets − liabilities − equity) | 82 | — | — | — | — | — |
| Net debt (negative = net cash) | 15 | −27 | 1 | −68 | −45 | −28 |
| Shares outstanding | — | 125m | 147m | — | 331m | 334m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 6 | 2 | 1 | 2 | 2 | 3 | 4 | 4 |
| Total current assets | 104 | 207 | 214 | 434 | 456 | 455 | 432 | 414 |
| Total assets | 157 | 285 | 269 | 637 | 630 | 667 | 651 | 648 |
| Accounts payable | 2 | 2 | 3 | 2 | 3 | 3 | 4 | 14 |
| Deferred revenue (current) | 1 | 0 | 0 | 0 | — | 1 | 1 | 3 |
| Total current liabilities | 21 | 12 | 11 | 10 | 12 | 12 | 62 | 105 |
| Short-term debt | 11 | 0 | — | — | — | — | — | — |
| Long-term debt | 2 | 0 | — | — | — | — | — | — |
| Total debt | 13 | 0 | — | — | — | — | — | — |
| Total liabilities | 34 | 158 | 62 | 83 | 258 | 120 | 67 | 111 |
| Shareholders' equity | 123 | 127 | 207 | 553 | 372 | 546 | 584 | 537 |
| Shares outstanding | 192m | 284m | 287m | 324m | 325m | 331m | 332m | 334m |
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