RGTI vs QBTS vs FCCN Stock Comparison

Rigetti Computing, D-Wave Quantum and Spectral Capital Prices as of Nov 5, 2026 Peers: Industry group
RGTI Rigetti Computing, Inc.
$9.78 -35.5% 1M -73.8% 1Y
Market cap
$3.92B
P/E
–
Revenue (TTM)
$13.35M
Div. yield
–
Quantum Computing Technology
2 wins
QBTS D-Wave Quantum Inc.
$9.05 -42.7% 1M -70.8% 1Y
Market cap
$3.96B
P/E
–
Revenue (TTM)
$12.43M
Div. yield
–
Quantum Computing Technology
2 wins
FCCN SPECTRAL CAPITAL Corp
$1.64 -34.4% 1M -23.7% 1Y
Market cap
$139.00M
P/E
2,958x
Revenue (TTM)
$668.63M
Div. yield
–
AI Platforms Technology
3 wins

Head to Head

7 decided of 12

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

QuestionRGTIQBTSFCCNLeader
Larger companyMarket capitalisation $3.92B $3.96B $139.00M QBTS
Cheaper on earningsLower P/E, profitable companies only -16.4x -15.9x 2,958x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +68.5% -44.2% — RGTI
More profitableNet margin, trailing twelve months -1,787.4% -2,001.6% 0.0% FCCN
Better return on capitalReturn on invested capital — -12.3% — –
Less leveragedLower net debt / EBITDA — 3.2x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -73.8% -70.8% -23.7% FCCN
Better 5-year returnAnnualised price return, 5 years -1.9%/yr -1.6%/yr — QBTS
Less volatileAnnualised volatility, 1 year 93.0% 100.1% 116.3% RGTI
Higher overall scoreMean of the five percentile scores vs peers 31/100 31/100 40/100 FCCN

Percentile Scorecard

RGTIQBTSFCCN

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

AxisRGTIQBTSFCCN
Valuation 15 #105 of 124 18 #102 of 124 56 #55 of 124
Growth 19 #93 of 114 13 #99 of 114 42 #67 of 114
Profitability 9 #101 of 111 14 #96 of 111 60 #45 of 111
Financial Health 88 #16 of 128 91 #13 of 128 16 #108 of 128
Shareholder Returns 23 #57 of 74 22 #58 of 74 26 #55 of 74
Overall 31 31 40
  • RGTI ranked among 136 companies in Infrastructure Software
  • QBTS ranked among 136 companies in Infrastructure Software
  • FCCN ranked among 136 companies in Infrastructure Software

Price Performance

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

Returns

PeriodRGTIQBTSFCCNSPY
1 month -35.5%-42.7%-34.4% -5.9%
3 months -40.8%-53.4%-67.7% -4.6%
6 months -46.7%-58.8%-17.6% +0.2%
Year to date -55.8%-65.4%-60.3% +7.5%
1 year -73.8%-70.8%-23.7% +8.2%
3 years +840.4%+1,060.3%— +68.3%
3 years, per year +111.2%+126.5%— +19.0%
5 years -9.0%-7.8%— +56.5%
5 years, per year -1.9%-1.6%— +9.4%

Risk

MeasureRGTIQBTSFCCNSPY
Volatility, 1Y 93.0%100.1%116.3% 13.6%
Downside volatility, 1Y 89.3%93.4%111.6% 14.2%
Beta vs S&P 500, 1Y 3.794.01-0.01 1.00
Return / volatility, 1Y -0.79-0.71-0.20 0.60
Max drawdown, 5Y -96.9%-96.7%-86.4% -25.4%
From 52-week high -73.8%-71.9%-70.5% -5.9%
52-week high $37.29$32.19$5.55 $779.14
52-week low $9.78$9.05$1.35 $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.

MultipleRGTIQBTSFCCN
P/E now vs peer median -13.7xmedian 39.4x -13.5xmedian 39.4x 3,212xmedian 39.4x
P/S now vs peer median 244.4xmedian 4.0x 271.0xmedian 4.0x 0.2xmedian 4.0x
EV/EBITDA now vs peer median -32.9xmedian 34.1x -17.7xmedian 34.1x 287.2xmedian 34.1x
P/FCF now vs peer median -37.3xmedian 22.7x -28.3xmedian 22.7x -61.3xmedian 22.7x
P/B now vs peer median 6.1xmedian 2.9x 3.1xmedian 2.9x 2.7xmedian 2.9x
PEG now vs peer median 3.46median 1.32 9.07median 1.32 106.28median 1.32

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 monthsRGTIQBTSFCCN
Revenue $13.35M $12.43M $668.63M
Gross profit $4.62M $7.98M $8.35M
Operating income -$97.16M -$170.58M -$6.62M
Net income -$238.67M -$248.70M -$21.19K
Free cash flow -$87.58M -$119.08M -$2.57M
R&D $73.05M $81.78M –
EPS (diluted) $-0.72 $-0.67 $0.00
Cash & equivalents $27.76M $296.64M $5.27M
Total debt – $35.03M –
Shares (diluted) 333.22M 370.84M 94.89M
Enterprise value $2.21B $1.11B $128.51M

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
MetricRGTIQBTSFCCN
P/E -13.7x -13.5x 3,212x
P/FCF -37.3x -28.3x -61.3x
P/Operating cash flow -53.7x -30.4x -61.6x
P/S 244.4x 271.0x 0.2x
P/B 6.1x 3.1x 2.7x
P/Tangible book 6.1x 3.9x 8.1x
EV/EBITDA -32.9x -17.7x 287.2x
EV/EBIT -29.5x -16.7x -23.1x
EV/Revenue 214.9x 229.8x 0.2x
EV/FCF -32.8x -24.0x -59.3x
EV/Operating cash flow -47.3x -25.8x -59.6x
PEG (3Y EPS CAGR) 3.46 9.07 106.28

Growth

14 metrics
MetricRGTIQBTSFCCN
Revenue growth (1Y) 68.5% -44.2% –
Revenue CAGR (3Y) -2.5% 19.0% 1,948%
Gross profit growth (1Y) 43.8% -56.6% –
Gross profit CAGR (3Y) -26.6% 31.6% 276.8%
Operating income growth (1Y) -25.6% -116.9% -83.7%
Operating income CAGR (3Y) -0.3% -27.8% -304.6%
Net income growth (1Y) -44.8% 11.7% 99.4%
Net income CAGR (3Y) -42.8% -45.9% 40.4%
EPS growth (1Y) -29.6% 28.0% 100.9%
EPS CAGR (3Y) -4.0% -1.5% 30.2%
Operating cash flow growth (1Y) -12.9% -119.0% -28.6%
Operating cash flow CAGR (3Y) 0.3% -28.1% -186.1%
Free cash flow growth (1Y) -33.6% -124.4% -29.2%
Free cash flow CAGR (3Y) -3.5% -30.9% -186.6%

Profitability

14 metrics
MetricRGTIQBTSFCCN
Gross margin 34.6% 64.2% 1.2%
EBITDA margin -653.3% -1,297% 0.1%
Operating margin -727.6% -1,373% -1.0%
Pretax margin -1,787% -1,267% 0.0%
Net margin -1,787% -2,002% 0.0%
FCF margin -655.9% -958.4% -0.4%
Operating cash flow margin -454.7% -892.4% -0.4%
Return on equity -42.6% -11.7% 0.1%
Return on assets -36.7% -10.9% 0.0%
Return on invested capital – -12.3% –
Return on capital employed -17.8% -14.8% -4.7%
Asset turnover 0.0x 0.0x 2.2x
Cash conversion (OCF / net income) 0.3x 0.4x 120.9x
Stock comp / revenue 170.7% 250.5% 0.1%

Financial Health

11 metrics
MetricRGTIQBTSFCCN
Debt / assets – 3.0% –
Debt / equity – 0.0x –
Net debt / EBITDA – 3.2x –
Debt / FCF – -0.3x –
Liabilities / assets 17.1% 6.5% 74.3%
Equity / assets 82.9% 93.5% 25.7%
Interest coverage – -180.3x –
Current ratio 3.9x 20.5x 0.8x
Quick ratio 3.8x 20.1x 0.8x
Cash ratio 3.7x 20.0x 0.0x
Altman Z-score 16.06 25.63 3.10

Shareholder Returns

7 metrics
MetricRGTIQBTSFCCN
Dividend yield – – –
Net buyback yield -1.6% -1.8% -1.2%
Shareholder yield -1.6% -1.8% -1.2%
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.

ConsensusRGTIQBTSFCCN
EPS, next fiscal year $-0.20FY2026 $-0.31FY2026 –
Revenue, next fiscal year $22.61MFY2026 $40.06MFY2026 –
Revenue growth, next FY +218.9%FY2026 +62.9%FY2026 –
Revenue growth, the year after +115.1% +112.2% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRGTIQBTSFCCN
Held by institutions 52.1% 53.1% –
Institutions holding 478 552 –
Change in shares held, QoQ +0.0% +12.5% –
Institutions buying 309 371 –
Institutions selling 87 101 –
Buyers to sellers 3.55 3.67 –

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.

RGTIQBTSFCCN
RGTI 1.00 0.93 0.07
QBTS 0.93 1.00 0.07
FCCN 0.07 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RGTI, QBTS and FCCN?

D-Wave Quantum (QBTS) is the largest by market capitalisation: Rigetti Computing (RGTI) $3.92B, D-Wave Quantum (QBTS) $3.96B, Spectral Capital (FCCN) $139.00M.

Which company is growing faster?

Rigetti Computing (RGTI) grew revenue fastest over the trailing twelve months: Rigetti Computing (RGTI) +68.5%, D-Wave Quantum (QBTS) -44.2%.

Which company is more profitable?

Spectral Capital (FCCN) has the highest net margin (Rigetti Computing (RGTI) -1,787.4%, D-Wave Quantum (QBTS) -2,001.6%, Spectral Capital (FCCN) 0.0%).

Which stock has performed better?

Over the past year Spectral Capital (FCCN) returned the most: Rigetti Computing (RGTI) -73.8%, D-Wave Quantum (QBTS) -70.8%, Spectral Capital (FCCN) -23.7%. Over five years, D-Wave Quantum (QBTS) compounded fastest (Rigetti Computing (RGTI) -1.9%/yr, D-Wave Quantum (QBTS) -1.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Rigetti Computing (RGTI) has been the steadiest (Rigetti Computing (RGTI) 93.0%, D-Wave Quantum (QBTS) 100.1%, Spectral Capital (FCCN) 116.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, RGTI, QBTS and FCCN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Spectral Capital (FCCN) 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.