RGTI (Rigetti Computing) EBIT: $-284.78 Mil (TTM As of Mar. 2026)


RGTI Rigetti Computing Inc RGTI
65 GF Score
Price $18.36
GF Value $1.01
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Rigetti Computing EBIT?

Rigetti Computing RGTI -0.27% 65 EBIT is $-284.78 Mil as of Mar. 2026. GuruFocus rates RGTI with a GF Score™ of 65/100 and a GF Value™ of $1.01 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Rigetti Computing's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-25.95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-284.78 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rigetti Computing's annualized ROC % for the quarter that ended in Mar. 2026 was -42.71%. Rigetti Computing's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -161.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rigetti Computing's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -5.00%.

Rigetti Computing  (NAS:RGTI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Rigetti Computing's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-103.804 * ( 1 - 0% )/( (215.446 + 270.691)/ 2 )
=-103.804/243.0685
=-42.71 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=666.574 - 8.52 - ( 443.511 - max(0, 12.152 - 454.76+443.511))
=215.446

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=650.684 - 9.667 - ( 418.246 - max(0, 61.879 - 432.205+418.246))
=270.691

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Rigetti Computing's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-103.804/( ( (63.462 + max(1.332, 0)) + (63.643 + max(-45.646, 0)) )/ 2 )
=-103.804/( ( 64.794 + 63.643 )/ 2 )
=-103.804/64.2185
=-161.64 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.551 + 0 + 8.698) - (8.52 + 0.847 + 0.55)
=1.332

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.376 + 0 + 9.583) - (9.667 + 1.064 + 48.874)
=-45.646

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Rigetti Computing's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-284.78/5691.379
=-5.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rigetti Computing EBIT Related Terms

Rigetti Computing EBIT Historical Data

* Premium members only.

The historical data trend for Rigetti Computing's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rigetti Computing EBIT Chart

Rigetti Computing Annual Data
Trend Jan20 Jan21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -35.09 -66.24 -69.33 -197.73 -216.21

Rigetti Computing Quarterly Data
Jan20 Jan21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.63 -39.65 -200.97 -18.21 -25.95

RGTI vs QBTS, QUBT, BRAI: EBIT Comparison

For the Computer Hardware subindustry, Rigetti Computing's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rigetti Computing EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Rigetti Computing's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rigetti Computing's EV-to-EBIT falls into.


RGTI
65GF Score
Rigetti Computing Inc RGTI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Rigetti Computing EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-284.78 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-284.78 Mil mean?
Rigetti Computing (RGTI) has a EBIT of $-284.78 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rigetti Computing.
Is Rigetti Computing's EBIT too high?
Rigetti Computing's current EBIT is $-284.78 Mil. Overall, Rigetti Computing has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rigetti Computing's EBIT compare to QBTS and QUBT?
Rigetti Computing's EBIT of $-284.78 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Hardware company?
A good EBIT depends on the Hardware industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rigetti Computing. Rigetti Computing's current EBIT is $-284.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rigetti Computing stock overvalued right now?
Based on GuruFocus' analysis, Rigetti Computing (RGTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.01, compared to a current price of $18.36 — trading 1717.8% above its estimated fair value. The current EBIT is $-284.78 Mil. Rigetti Computing's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Rigetti Computing (RGTI), the current EBIT is $-284.78 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rigetti Computing (RGTI) Overvalued in 2026?

Based on GuruFocus' analysis, Rigetti Computing stock appears to be overvalued. The current stock price of $18.36 is trading 1717.8% above its estimated GF Value™ of $1.01. GuruFocus considers Rigetti Computing to be Significantly Overvalued.

Key valuation signals for RGTI:

  • EBIT: $-284.78 Mil
  • GF Value™: $1.01 vs. price of $18.36 (1717.8% above fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the RGTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Rigetti Computing Business Description

Address 775 Heinz Avenue, Berkeley, CA, USA, 94710
Rigetti Computing Inc builds quantum computers and the superconducting quantum processors that power them. The Company sells 9-qubit to 108-qubit quantum computing systems under the Novera and Cepheus trade names. Through the Rigetti Quantum Cloud Services (QCS) platform, the Company's machines can be integrated into any public, private or hybrid cloud. The Company also operates in Fremont, California; London, United Kingdom; Adelaide, Australia; British Columbia, Canada and Mumbai, India. The Company's revenue is derived from operations in the United States and the United Kingdom.
65GF Score

Get the complete analysis for RGTI

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.36
Price
$1.01
GF Value