ARQQ vs RGTI vs INFQ Stock Comparison

Arqit Quantum, Rigetti Computing and Infleqtion Prices as of Nov 3, 2026 Peers: Industry group
ARQQ Arqit Quantum Inc.
$15.00 -39.1% 1M -63.2% 1Y
Market cap
$190.42M
P/E
–
Revenue (TTM)
—
Div. yield
–
Quantum Computing Technology
1 win
RGTI Rigetti Computing, Inc.
$11.09 -27.3% 1M -71.7% 1Y
Market cap
$3.73B
P/E
–
Revenue (TTM)
$13.35M
Div. yield
–
Quantum Computing Technology
3 wins
INFQ Infleqtion, Inc.
$8.46 -35.7% 1M
Market cap
$1.87B
P/E
–
Revenue (TTM)
$41.08M
Div. yield
–
Quantum Computing Technology
2 wins

Head to Head

6 decided of 12

Rigetti Computing leads on 3 of the 12 questions below (Rigetti Computing 3, Infleqtion 2, Arqit Quantum 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionARQQRGTIINFQLeader
Larger companyMarket capitalisation $190.42M $3.73B $1.87B RGTI
Cheaper on earningsLower P/E, profitable companies only — -15.6x -18.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months — +68.5% — –
More profitableNet margin, trailing twelve months — -1,787.4% -240.6% INFQ
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -63.2% -71.7% — ARQQ
Better 5-year returnAnnualised price return, 5 years -51.7%/yr +1.4%/yr — RGTI
Less volatileAnnualised volatility, 1 year 111.5% 92.9% 105.7% RGTI
Higher overall scoreMean of the five percentile scores vs peers — 33/100 35/100 INFQ

Percentile Scorecard

ARQQRGTIINFQ

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisARQQRGTIINFQ
Valuation – 17 #103 of 124 30 #87 of 124
Growth – 21 #90 of 114 22 #89 of 114
Profitability – 9 #101 of 111 20 #89 of 111
Financial Health 85 #20 of 128 89 #15 of 128 96 #6 of 128
Shareholder Returns – 28 #53 of 73 4 #70 of 73
Overall – 33 35
  • ARQQ ranked among 136 companies in Infrastructure Software
  • RGTI ranked among 136 companies in Infrastructure Software
  • INFQ ranked among 136 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodARQQRGTIINFQSPY
1 month -39.1%-27.3%-35.7% -2.0%
3 months -31.8%-36.4%-26.1% -2.2%
6 months +2.4%-39.3%-30.1% +4.2%
Year to date -31.4%-49.9%— +10.6%
1 year -63.2%-71.7%— +10.4%
3 years +36.4%+847.9%— +73.6%
3 years, per year +10.9%+111.7%— +20.2%
5 years -97.4%+7.4%— +61.6%
5 years, per year -51.7%+1.4%— +10.1%

Risk

MeasureARQQRGTIINFQSPY
Volatility, 1Y 111.5%92.9%105.7% 12.8%
Downside volatility, 1Y 103.4%88.5%95.6% 12.8%
Beta vs S&P 500, 1Y 4.164.004.27 1.00
Return / volatility, 1Y -0.57-0.77— 0.81
Max drawdown, 5Y -99.6%-96.9%-59.0% -25.4%
From 52-week high -63.2%-71.7%-57.4% -3.2%
52-week high $40.73$39.12$19.87 $779.14
52-week low $11.78$10.67$8.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleARQQRGTIINFQ
P/E now vs peer median —median 38.8x -15.5xmedian 38.8x -18.8xmedian 38.8x
P/S now vs peer median —median 4.4x 277.1xmedian 4.4x 46.3xmedian 4.4x
EV/EBITDA now vs peer median —median 28.6x -37.9xmedian 28.6x -18.6xmedian 28.6x
P/FCF now vs peer median —median 23.6x -42.3xmedian 23.6x -86.0xmedian 23.6x
P/B now vs peer median 8.0xmedian 3.1x 6.9xmedian 3.1x 3.3xmedian 3.1x
PEG now vs peer median —median 1.27 3.92median 1.27 —median 1.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsARQQRGTIINFQ
Revenue – $13.35M $41.08M
Gross profit – $4.62M $11.86M
Operating income – -$97.16M -$81.99M
Net income – -$238.67M -$98.83M
Free cash flow – -$87.58M -$22.09M
R&D – $73.05M $33.10M
EPS (diluted) – $-0.72 $-0.45
Cash & equivalents $28.86M $27.76M $59.29M
Shares (diluted) 13.79M 333.22M 219.74M
Enterprise value $81.09M $2.03B $1.87B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricARQQRGTIINFQ
P/E – -15.5x -18.8x
P/FCF – -42.3x -86.0x
P/Operating cash flow – -60.9x -93.2x
P/S – 277.1x 46.3x
P/B 8.0x 6.9x 3.3x
P/Tangible book 8.7x 6.9x 3.3x
EV/EBITDA – -37.9x -18.6x
EV/EBIT – -34.0x -17.4x
EV/Revenue – 247.6x 34.7x
EV/FCF – -37.8x -64.4x
EV/Operating cash flow – -54.5x -69.8x
PEG (3Y EPS CAGR) – 3.92 –

Growth

14 metrics
MetricARQQRGTIINFQ
Revenue growth (1Y) – 68.5% –
Revenue CAGR (3Y) – -2.5% –
Gross profit growth (1Y) – 43.8% –
Gross profit CAGR (3Y) – -26.6% –
Operating income growth (1Y) – -25.6% -13.4%
Operating income CAGR (3Y) – -0.3% –
Net income growth (1Y) – -44.8% -39.5%
Net income CAGR (3Y) – -42.8% –
EPS growth (1Y) – -29.6% 80.1%
EPS CAGR (3Y) – -4.0% –
Operating cash flow growth (1Y) – -12.9% -109.0%
Operating cash flow CAGR (3Y) – 0.3% –
Free cash flow growth (1Y) – -33.6% -103.5%
Free cash flow CAGR (3Y) – -3.5% –

Profitability

14 metrics
MetricARQQRGTIINFQ
Gross margin – 34.6% 28.9%
EBITDA margin – -653.3% -186.7%
Operating margin – -727.6% -199.6%
Pretax margin – -1,787% -174.4%
Net margin – -1,787% -240.6%
FCF margin – -655.9% -53.8%
Operating cash flow margin – -454.7% -49.6%
Return on equity – -42.6% -12.4%
Return on assets – -36.7% -11.4%
Return on invested capital – – –
Return on capital employed – -17.8% -14.3%
Asset turnover – 0.0x 0.1x
Cash conversion (OCF / net income) – 0.3x 0.2x
Stock comp / revenue – 170.7% 54.2%

Financial Health

11 metrics
MetricARQQRGTIINFQ
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 21.3% 17.1% 10.5%
Equity / assets 78.7% 82.9% 89.5%
Interest coverage – – –
Current ratio 4.9x 3.9x 9.3x
Quick ratio 4.9x 3.8x 9.1x
Cash ratio 4.4x 3.7x 8.9x
Altman Z-score – 18.43 16.85

Shareholder Returns

7 metrics
MetricARQQRGTIINFQ
Dividend yield – – –
Net buyback yield – -1.4% -22.1%
Shareholder yield – -1.4% -22.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusARQQRGTIINFQ
EPS, next fiscal year $-1.46FY2026 $-0.20FY2026 $-0.24FY2026
Revenue, next fiscal year $2.41MFY2026 $22.61MFY2026 $46.67MFY2026
Revenue growth, next FY +355.4%FY2026 +218.9%FY2026 +43.6%FY2026
Revenue growth, the year after +208.4% +115.1% +26.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersARQQRGTIINFQ
Held by institutions 89.2% 52.1% 41.9%
Institutions holding 66 478 261
Change in shares held, QoQ +205.7% +0.0% +148.6%
Institutions buying 42 309 231
Institutions selling 11 87 23
Buyers to sellers 3.82 3.55 10.04

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ARQQRGTIINFQ
ARQQ 1.00 0.67 0.58
RGTI 0.67 1.00 0.81
INFQ 0.58 0.81 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ARQQ, RGTI and INFQ?

Rigetti Computing (RGTI) is the largest by market capitalisation: Arqit Quantum (ARQQ) $190.42M, Rigetti Computing (RGTI) $3.73B, Infleqtion (INFQ) $1.87B.

Which company is more profitable?

Infleqtion (INFQ) has the highest net margin (Rigetti Computing (RGTI) -1,787.4%, Infleqtion (INFQ) -240.6%).

Which stock has performed better?

Over the past year Arqit Quantum (ARQQ) returned the most: Arqit Quantum (ARQQ) -63.2%, Rigetti Computing (RGTI) -71.7%. Over five years, Rigetti Computing (RGTI) compounded fastest (Arqit Quantum (ARQQ) -51.7%/yr, Rigetti Computing (RGTI) +1.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Rigetti Computing (RGTI) has been the steadiest (Arqit Quantum (ARQQ) 111.5%, Rigetti Computing (RGTI) 92.9%, Infleqtion (INFQ) 105.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ARQQ, RGTI and INFQ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Rigetti Computing (RGTI) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.