ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Rigetti Computing's annualizedNet Income for the quarter that ended in Mar. 2026 was $132.44 Mil.
Rigetti Computing's average Total Assets over the quarter that ended in Mar. 2026 was $658.63 Mil. Therefore, Rigetti Computing's annualized ROA % for the quarter that ended in Mar. 2026 was 20.11%.
The historical rank and industry rank for Rigetti Computing's ROA % or its related term are showing as below:
RGTI'
s ROA % Range Over the Past 10 Years
Min: -195.8 Med: -62.12 Max: -39.55
Current: -39.55
During the past 6 years, Rigetti Computing's highest ROA % was -39.55%. The lowest was -195.80%. And the median was -62.12%.
RGTI's ROA % is ranked worse than 95.8% of 2502
companies
in the Hardware industry
Industry Median: 2.265
vs RGTI: -39.55
Rigetti Computing (NAS:RGTI) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Rigetti Computing ROA % Related Terms
Rigetti Computing ROA % Historical Data
* Premium members only.
The historical data trend for Rigetti Computing's ROA % 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.
For the Computer Hardware subindustry, Rigetti Computing's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Rigetti Computing's ROA % distribution charts can be found below:
* The bar in red indicates where Rigetti Computing's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Rigetti Computing (RGTI) has a ROA % of 20.11% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Rigetti Computing and its competitors. According to the industry distribution chart, Rigetti Computing ranks #2397 out of 2502 companies in the Hardware industry, placing it in the top 95.8%.
Is Rigetti Computing's ROA % too high?
Rigetti Computing's current ROA % is 20.11%. The Hardware industry median ROA % is 2.27. Rigetti Computing's value of 20.11% is 787.9% above this industry median. Based on the distribution chart, Rigetti Computing ranks #2397 out of 2502 companies in the Hardware industry, which is in the bottom quartile relative to peers. 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 ROA % compare to QBTS and QUBT?
According to the Hardware industry distribution chart, Rigetti Computing ranks #2397 out of 2502 companies for ROA %. This places Rigetti Computing in the lower half of its industry. The industry median ROA % is 2.27. Rigetti Computing's value of 20.11% is 787.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,502 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rigetti Computing's current ROA % of 20.11% is 787.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Rigetti Computing and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rigetti Computing's current ROA % is 20.11%. 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 ROA % is 20.11% and 787.9% above the Hardware industry median of 2.27. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Rigetti Computing (RGTI), the current ROA % is 20.11% 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:
ROA %: 20.11%
GF Value™: $1.01 vs. price of $18.36 (1717.8% above fair value)
Industry Position: 787.9% above the Hardware median (#2397 of 2502)
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 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
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