RGTICAUTIOUS

RGTI EV/EBITDA Analysis

-66.1x

Higher than 0% of Technology sector peers

Updated 371h ago·SEC filings & market data

Key Takeaway

The EV/EBITDA of -66.1x means Rigetti's enterprise value is divided by negative earnings before interest, taxes, depreciation, and amortization, which indicates the company is not generating positive operating profit.

Sector Performance

0th percentile

RGTI

-66.1x

Sector Median

19.1x

Sector Avg

44.4x

Prior Period

-57.0x(Aug 2026)

↑ Improving

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Deep Analysis

This is far below the sector median of 19.3x, placing the stock at the 0th percentile among technology peers, meaning almost no comparable company has a worse ratio. The metric is decreasing, with a year-over-year change of -13.3% and a quarter-over-quarter change of -16.0%, showing the negative multiple is becoming more negative over time. A negative and increasingly negative EV/EBITDA points to widening operating losses, which raises the risk that the company may require additional capital or face valuation pressure. This combination of extreme negative level and deteriorating trend supports the overall CAUTIOUS verdict directly, as the fundamentals show no near-term path to profitability. The metric contradicts any optimistic reading of the stock and reinforces a cautious stance.

Frequently Asked Questions

What does the EV/EBITDA tell investors about RGTI?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

How does RGTI's EV/EBITDA compare to its sector?

RGTI's EV/EBITDA of -66.1x compares to a Technology sector median of 19.1x, placing it in the 0th percentile.

Who are RGTI's closest peers by EV/EBITDA?

The closest Technology peers by EV/EBITDA include: MSFT (18.9x), AMAT (19.3x), SQ (18.2x), ZI (15.7x), CRM (15.5x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.