Rigetti Computing (RGTI) Total Debt (2021 - 2024)
Rigetti Computing's Total Debt was $13.31 million in Q3 2024, down 46.0% from $24.63 million a year earlier and down 18.9% from the prior quarter.
Rigetti Computing (RGTI) Total Debt (2021 - 2024) Analysis & Trends
At the end of FY2023, Total Debt at Rigetti Computing came in at $22.06 million, down 23.8% from FY2022.
- In earlier years, Total Debt was $28.94 million in FY2022 (+16.7%) and $24.79 million in FY2021.
- The Q3 2024 figure marks the lowest quarterly Total Debt in data going back to Q4 2021.
- Compared with a year earlier, Total Debt has declined for seven straight quarters, with an average decline of 19.6% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was Q4 2022 (growth of 16.7%); the worst was Q3 2024 (a decline of 46.0%).
- Per Business Quant data, RGTI's Total Debt in the three quarters before Q3 2024 was $16.41 million (Q2 2024), $19.31 million (Q1 2024) and $22.06 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (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 | 746.22 Mn |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn | - |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn | - |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn | 1.73 Bn |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | - |
| 10 | Rigetti Computing | 3.89 Bn | 2.19 Bn | 2.19 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 13.31 Mn |
| Jun 30, 2024 | 16.41 Mn |
| Mar 31, 2024 | 19.31 Mn |
| Dec 31, 2023 | 22.06 Mn |
| Sep 30, 2023 | 24.63 Mn |
| Jun 30, 2023 | 26.76 Mn |
| Mar 31, 2023 | 27.53 Mn |
| Dec 31, 2022 | 28.94 Mn |
| Sep 30, 2022 | 29.83 Mn |
| Jun 30, 2022 | 29.43 Mn |
| Mar 31, 2022 | 30.04 Mn |
| Dec 31, 2021 | 24.79 Mn |
Rigetti Computing Total Debt 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=total-debt&ticker=RGTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=RGTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();