COMP <GO>
RGTI vs QBTS // EV/EBITDA & P/E VALUATION
Rigetti Computing Inc. (NASDAQ) VS. D-Wave Quantum Inc. (NASDAQ) • 15-METRIC TALLY: RGTI 2
— QBTS 7
■ METRIC PARITY
LAST: $10.67 (-5.16%) • MKT CAP: $3.75B
valuation
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LAST: $10.09 (-5.26%) • MKT CAP: $4.04B
valuation
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (RGTI VS. QBTS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | RGTI | QBTS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 29.10% | 82.60% | -53.50 | QBTS | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -12.10% | -22.60% | +10.50 | RGTI | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -1.92% | -1.73% | -0.19 | QBTS | /fcf-yield <GO> |
| Operating Margin | -60.00% | -60.00% | 0.00 | TIE | /operating-margins <GO> |
| Net Profit Margin | -60.00% | -60.00% | 0.00 | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 5.50% | 178.50% | -173.00 | QBTS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 18.83 | 26.00 | -7.17 | QBTS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 5/9 | -1.00 | QBTS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 36.6 | 31.7 | +4.90 | RGTI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.26 | 1.26 | 0.00 | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 35.0x | 27.0x | +8.00 | QBTS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.75B | $4.04B | -$288.1M | QBTS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | RGTI REV | QBTS REV | RGTI GROSS % | QBTS GROSS % | RGTI FCF | QBTS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $7.1M | $24.6M | 29.1% | 82.6% | -$77.2M | -$75.8M |
| FY 2024 | $10.8M | $8.8M | 52.8% | 63.0% | -$61.7M | -$44.7M |
| FY 2023 | $202.4M | $8.8M | — | — | -$50.6M | -$61.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
RGTI // BETA 1.26
QBTS // BETA 1.26