Financial Statements — RGTI
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 27.76 | 48.15 | 26.13 | 57.18 | 37.16 | 20.29 | 20.68 | 35.10 | 41.76 | 21.71 | 26.12 | 73.84 | 184.02 | 206.63 | -- | -- | -- |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | 83.77 | 95.85 | 87.19 | -- | -- | -- | -- | -- |
| Accounts Receivable | 3.87 | 4.38 | 2.28 | 1.75 | 1.07 | 6.38 | 5.23 | 4.71 | 3.00 | 7.63 | 5.32 | 2.30 | 2.57 | 1.26 | -- | -- | -- |
| Total Current Assets | 414.39 | 432.21 | 456.29 | 433.58 | 214.36 | 103.87 | 109.67 | 110.04 | 116.70 | 117.53 | 130.26 | 169.62 | 192.38 | 215.18 | 1.27 | 1.62 | 1.80 |
| Property, Plant & Equipment | 75.30 | 57.59 | 54.07 | 48.87 | 46.10 | 44.84 | 45.65 | 44.61 | 40.35 | 41.36 | 42.58 | 37.44 | 30.58 | 23.94 | -- | -- | -- |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.38 | 5.38 | 5.38 | -- | -- | -- |
| Total Non-current Assets* | 233.84 | 218.48 | 173.98 | 203.11 | 54.78 | 53.38 | 52.75 | 52.07 | 48.51 | 50.04 | 51.64 | 43.06 | 36.21 | 30.72 | 345.01 | 345.01 | 345.00 |
| Total Assets | 648.23 | 650.68 | 630.27 | 636.69 | 269.14 | 157.25 | 162.41 | 162.12 | 165.20 | 167.57 | 181.91 | 212.69 | 228.59 | 245.90 | 346.28 | 346.62 | 346.80 |
| Accounts Payable | 14.00 | 4.07 | 3.28 | 2.16 | 3.40 | 1.60 | 1.84 | 3.82 | 1.45 | 0.95 | 1.66 | 1.73 | 1.52 | 3.45 | 0.15 | 0.05 | 0.07 |
| Short-term Debt | -- | -- | -- | -- | -- | 11.25 | 13.04 | 12.81 | 11.52 | 10.67 | 9.69 | 6.83 | 4.23 | 2.37 | -- | -- | -- |
| Total Current Liabilities | 105.06 | 61.88 | 11.63 | 10.43 | 11.39 | 21.46 | 25.56 | 24.88 | 23.04 | 21.35 | 22.99 | 16.31 | 12.87 | 13.05 | 1.00 | 0.77 | 0.46 |
| Long-term Debt | -- | -- | -- | -- | -- | 2.06 | 3.36 | 6.50 | 13.11 | -- | -- | 32.00 | 32.00 | 32.00 | -- | -- | -- |
| Total Non-current Liabilities* | 5.74 | 5.21 | 246.81 | 73.00 | 50.62 | 12.95 | 14.69 | 21.66 | 29.47 | 27.85 | 29.45 | 30.48 | 45.62 | 68.88 | 22.54 | 27.77 | 25.81 |
| Total Liabilities | 110.80 | 67.09 | 258.45 | 83.43 | 62.01 | 34.41 | 40.25 | 46.54 | 52.51 | 49.21 | 52.44 | 46.78 | 58.49 | 81.92 | 23.53 | 28.53 | 26.27 |
| Retained Earnings | (790.45) | (737.85) | (752.75) | (551.78) | (512.13) | (401.79) | (386.95) | (374.53) | (341.19) | (318.97) | (302.01) | (255.78) | (237.02) | (224.77) | (22.25) | (3.62) | (1.17) |
| Total Stockholder Equity | 537.43 | 583.60 | 371.83 | 553.26 | 207.13 | 122.84 | 122.16 | 115.58 | 112.69 | 118.36 | 129.47 | 165.91 | 170.10 | 163.98 | (22.25) | 5.00 | 5.00 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 5.14 | 4.40 | 1.87 | 1.95 | 1.80 | 1.47 | 2.27 | 2.38 | 3.09 | 3.05 | 3.38 | 3.11 | 3.33 | 2.20 | 6.06 | 2.80 | 2.13 | 2.10 | -- | -- |
| Cost of Revenue | 2.95 | 3.02 | 1.22 | 1.54 | 1.24 | 1.03 | 1.27 | 1.17 | 1.10 | 1.55 | 0.86 | 0.83 | 0.60 | 0.51 | 0.81 | 0.78 | 0.87 | 0.41 | -- | -- |
| Gross Profit | 2.19 | 1.38 | 0.65 | 0.40 | 0.57 | 0.44 | 1.00 | 1.20 | 1.99 | 1.50 | 2.52 | 2.27 | 2.73 | 1.69 | 5.25 | 2.03 | 1.26 | 1.69 | -- | -- |
| Research & Development | 20.73 | 19.96 | 17.35 | 15.02 | 13.52 | 15.46 | 13.66 | 12.75 | 11.87 | 11.47 | 12.79 | 13.06 | 13.22 | 13.71 | 15.91 | 17.36 | 12.75 | 13.93 | -- | -- |
| Selling, General & Admin | 9.52 | 7.37 | -- | 5.93 | 6.93 | 6.62 | 5.84 | 5.80 | 6.21 | 6.61 | 7.46 | 6.05 | 5.75 | 8.49 | 9.26 | 14.03 | 12.79 | 11.56 | 3.71 | 0.57 |
| Total Operating Expenses | 30.25 | 27.33 | 23.25 | 20.95 | 20.45 | 22.07 | 19.50 | 18.55 | 18.08 | 18.09 | 19.72 | 19.10 | 18.97 | 23.71 | 31.98 | 33.35 | 27.02 | 26.96 | -- | -- |
| Operating Income | (28.06) | (25.95) | (22.60) | (20.55) | (19.88) | (21.63) | (18.49) | (17.35) | (16.08) | (16.58) | (17.21) | (16.83) | (16.24) | (22.02) | (26.73) | (31.32) | (25.76) | (25.27) | (3.71) | (0.57) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.11 | 1.27 | 1.47 | 1.57 | 1.46 | 1.48 | 1.44 | -- | -- | -- | -- |
| Pretax Income | (52.61) | 33.11 | (18.21) | (200.97) | (39.65) | 42.62 | (152.96) | (14.83) | (12.42) | (20.77) | (12.57) | (22.21) | (16.97) | (23.35) | (22.87) | (18.75) | (12.25) | (17.64) | -- | -- |
| Tax Provision | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Net Income | (52.61) | 33.11 | (18.21) | (200.97) | (39.65) | 42.62 | (152.96) | (14.83) | (12.42) | (20.77) | (12.57) | (22.21) | (16.97) | (23.35) | (22.87) | (18.75) | (12.25) | (17.64) | (24.23) | 4.66 |
| Basic EPS | (0.16) | 0.10 | (0.10) | (0.62) | (0.13) | 0.15 | (0.80) | (0.08) | (0.07) | (0.14) | (0.08) | (0.17) | (0.13) | (0.19) | (0.19) | (0.16) | (0.11) | (0.33) | -- | -- |
| Diluted EPS | (0.16) | (0.06) | (0.08) | (0.62) | (0.13) | 0.13 | (0.81) | (0.28) | (0.07) | (0.14) | (0.08) | (0.17) | (0.13) | (0.19) | (0.19) | (0.16) | (0.11) | (0.33) | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (15.78) | (16.22) | (14.90) | (13.82) | (16.17) | (13.65) | (8.54) | (15.43) | (13.52) | (13.14) | (12.42) | (4.54) | (18.07) | (15.55) | (14.21) | (13.40) | (19.36) | (15.72) | (0.31) | (0.09) |
| Capital Expenditures | 11.99 | 4.41 | 4.57 | 5.89 | 5.67 | 2.55 | 1.28 | 2.28 | 2.05 | 5.49 | 1.55 | 1.78 | 0.93 | 4.80 | 3.44 | 8.66 | 7.80 | 2.84 | -- | -- |
| Free Cash Flow* | (27.77) | (20.63) | (19.47) | (19.71) | (21.84) | (16.20) | (9.83) | (17.70) | (15.56) | (18.63) | (13.97) | (6.32) | (19.00) | (20.35) | (17.65) | (22.05) | (27.16) | (18.56) | -- | -- |
| Investing Cash Flow | (4.82) | 19.81 | (13.62) | (19.98) | (346.12) | (23.61) | (77.59) | 6.27 | (13.25) | 6.22 | (10.75) | 14.29 | 12.22 | (14.99) | (0.54) | (95.84) | (7.80) | (2.84) | 0.00 | 0.00 |
| Financing Cash Flow | 0.40 | 0.08 | 47.17 | 2.82 | 382.16 | 6.94 | 133.67 | 8.69 | 12.38 | 20.71 | 2.69 | 10.26 | 1.44 | (1.15) | (1.63) | (0.68) | 4.32 | 213.45 | (0.08) | (0.22) |
* Derived from reported values
