Rigetti Computing (RGTI) Interest Expenses (2021 - 2024)
Rigetti Computing (RGTI) reported Interest Expenses of $491,000 for Q4 2024, down 61.9% from $1.29 million a year earlier and down 33.0% from the prior quarter.
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Analysis
Rigetti Computing (RGTI) Interest Expenses (2021 - 2024) Analysis & Trends
For FY2024, Rigetti Computing posted Interest Expenses of $3.3 million, down 43.1% from FY2023.
- Interest Expenses has a three-year compound annual growth rate of 10.2% (FY2021 to FY2024).
- By year, Interest Expenses came in at $5.8 million in FY2023 (+9.4%), $5.3 million in FY2022 (+115.0%) and $2.47 million in FY2021.
- The Q4 2024 figure ranks as the lowest quarterly Interest Expenses in data going back to Q3 2021.
- Year over year, Interest Expenses has now declined in each of the last five quarters, with an average decline of 13.9% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q3 2022 (growth of 143.8%); the low point was Q4 2024 (a decline of 61.9%).
- Per Business Quant data, the three quarters before Q4 2024 came in at $733,000 (Q3 2024), $1 million (Q2 2024) and $1.11 million (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn | 6.05 Mn |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 3.20 Mn |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn | 2.08 Mn |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn | 3.26 Mn |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn | -19.00 Mn |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn | 28.10 Mn |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | 924,000.00 |
| 10 | Rigetti Computing | 3.89 Bn | 2.19 Bn | 2.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 491,000.00 |
| Sep 30, 2024 | 733,000.00 |
| Jun 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | 1.11 Mn |
| Dec 31, 2023 | 1.29 Mn |
| Sep 30, 2023 | 1.47 Mn |
| Jun 30, 2023 | 1.57 Mn |
| Mar 31, 2023 | 1.46 Mn |
| Dec 31, 2022 | 1.49 Mn |
| Sep 30, 2022 | 1.44 Mn |
| Jun 30, 2022 | 1.04 Mn |
| Mar 31, 2022 | 1.21 Mn |
| Dec 31, 2021 | 1.39 Mn |
| Sep 30, 2021 | 589,000.00 |
API Access
Rigetti Computing Interest Expenses 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=interest-expenses&ticker=RGTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=RGTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();