12.98
+10.47%
Close of 9 Nov 2026, in USD
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About Rigetti Computing
From its filings with the US Securities and Exchange Commission
Rigetti Computing is based in Berkeley, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker RGTI. The SEC classifies its business as computer programming services. In the fiscal year to 31 December 2025, it reported revenue of $7.1m and a net loss of $216.2m. At that date it held total assets of $666.6m and shareholders' equity of $546.2m.
Our mission is to build the world’s most powerful computers to help solve humanity’s most important and pressing problems. Our strategy is to be at the forefront of superconducting quantum computing.
Classical computers are plateauing, Moore’s law has slowed, returns for parallelization are diminishing and energy requirements can’t keep up. Today, many of the world’s most important computational challenges remain intractable, lying beyond the capabilities of traditional supercomputers and cloud infrastructure. We build and operate quantum computers. We believe quantum computing represents one of the most transformative emerging capabilities in the world today. By leveraging quantum mechanics, our quantum computers process information in fundamentally new, more powerful ways compared to classical computing with meaningful power efficiency. When scaled, we believe these systems are poised to solve problems of staggering computational complexity at unprecedented speed.
The availability of scalable quantum computers is expected to enable scientists and engineers to address problems in areas like climate change, fusion energy, quantitative finance, drug development and discovery, materials science, and artificial intelligence (“AI”). Our quantum computers are based on superconducting qubits, which we believe is the leading quantum computing modality based on their fast gate speeds and defined pathway to scaling.
Quoted from its 10-K, filed 4 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Semiconductors & Semiconductor Equipment
- Listed since
- 2 Mar 2021
- Employees
- 162
- Head office
- 775 HEINZ AVENUE, BERKELEY, CA, 94710
- Incorporated in
- DE
- Classification
- Services-Computer Programming Services
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Mr. Thomas IannottiIndependent Chairman of the Board$186,991
- Dr. Subodh KulkarniPresident, Chief Executive Officer, Director, since 2022$2.3m
- Mr. Jeffrey BertelsenChief Financial Officer$1.3m
- Mr. David RivasChief Technology Officer$1.5m
- Mr. Michael CliftonIndependent Director$195,800
- Dr. Alissa FitzgeraldIndependent Director$189,050
- Dr. Ray JohnsonIndependent Director$181,400
- Ms. H. Gail SandfordIndependent Director$191,641
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 15
- Environment
- 16
- Social
- 14
- Governance
- 14
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Rigetti Computing employs 162 employees in Berkeley, California for quantum computing services.
- Rigetti Quantum Cloud Services platform serves global enterprise, government, and research clients.
- Rigetti designs and manufactures chips in-house at Fab-1 quantum device manufacturing facility.
Weaknesses
- Rigetti Computing went public on 2 March 2021 with 144 full-time employees.
- Rigetti's quantum-classical infrastructure requires high-performance integration with public and private clouds.
- Rigetti's QCaaS platform integrates quantum machines into public, private, or hybrid clouds.
Opportunities
- Rigetti's multi-chip quantum processor supports scalable quantum computing systems.
- Rigetti's platform serves application areas including benchmarking, chemical simulation, and machine learning.
- Rigetti's in-house chip manufacturing at Fab-1 enables full control over quantum device production.
Threats
- Rigetti's quantum computing services face competition from established tech firms in the Information Technology sector.
- Rigetti's quantum-classical infrastructure must adapt to evolving cloud computing standards.
- Rigetti's QCaaS platform requires continuous updates to maintain relevance in quantum computing.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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