Rigetti Computing (RGTI) Gross Margin (2021 - 2026)
Rigetti Computing (RGTI) recorded Gross Margin of 42.58% in Q2 2026, up 11.16 percentage points from 31.43% a year earlier and up 11.27 percentage points from the prior quarter.
Rigetti Computing (RGTI) Gross Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Rigetti Computing's Gross Margin came in at 34.61% as of Jun 30, 2026, down 5.95 percentage points year-over-year; for FY2025, it came in at 29.12%, down 23.68 percentage points from FY2024.
- Annual Gross Margin has declined for four straight years, with a four-year change of -51.08 percentage points (FY2021 to FY2025).
- Across earlier years, Gross Margin came in at 52.80% in FY2024 (-23.88 pp), 76.68% in FY2023 (-1.39 pp), 78.07% in FY2022 (-2.13 pp) and 80.20% in FY2021.
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2024.
- On a year-over-year basis, Gross Margin rose in two of the last eight quarters, with an average year-over-year change of -16.47 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 25.82 percentage points in Q4 2022, against a drop of 33.06 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 31.32% (Q1 2026), 34.90% (Q4 2025) and 20.75% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn | 78.59% |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn | 79.63% |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn | 60.42% |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | 73.83% |
| 10 | Rigetti Computing | 3.89 Bn | 2.19 Bn | 2.19 Mn | 42.58% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.58% |
| Mar 31, 2026 | 31.32% |
| Dec 31, 2025 | 34.90% |
| Sep 30, 2025 | 20.75% |
| Jun 30, 2025 | 31.43% |
| Mar 31, 2025 | 30.03% |
| Dec 31, 2024 | 44.11% |
| Sep 30, 2024 | 50.63% |
| Jun 30, 2024 | 64.48% |
| Mar 31, 2024 | 49.15% |
| Dec 31, 2023 | 74.53% |
| Sep 30, 2023 | 73.14% |
| Jun 30, 2023 | 82.06% |
| Mar 31, 2023 | 76.83% |
| Dec 31, 2022 | 86.63% |
| Sep 30, 2022 | 72.33% |
| Jun 30, 2022 | 59.09% |
| Mar 31, 2022 | 80.32% |
| Dec 31, 2021 | 60.81% |
| Sep 30, 2021 | 84.72% |
Rigetti Computing Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RGTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RGTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RGTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();