MetaCap

D-Wave Quantum (QBTS) vs Rigetti Computing (RGTI)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

D-Wave Quantum (QBTS) has outperformed Rigetti Computing (RGTI) over the past year, losing 58.5% versus a loss of 70.2%. Over five years, QBTS leads with a +48.5% price change compared with +42.4% for RGTI. D-Wave Quantum is the larger company by market cap ($5.53 billion vs $4.68 billion), about 1.2 times the size.

D-Wave Quantum converts more of its revenue into profit, with a net margin of -1444.1% versus -3050.4%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

QBTS-58.45%RGTI-70.22%
+33%-22%-78%
Oct 9, 20251 yearOct 9, 2026
QBTS+48.67%RGTI+42.44%
+394%+138%-119%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

QBTS versus RGTI key metrics
MetricQBTSRGTI
Share price$14.57$14.03
Market cap$5.53B$4.68B
1-day change-0.21%-0.78%
YTD return-44.28%-36.66%
1-year return-58.45%-70.22%
5-year return+48.52%+42.44%
EPS (TTM)$-0.69$-0.79
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$24.59M$7.09M
Revenue growth (YoY)+178.54%-34.31%
Net income (latest FY)$-355.06M$-216.21M
Gross margin82.59%29.12%
Operating margin-408.22%-1194.41%
Net margin-1444.10%-3050.37%
52-week high$46.75$58.15
52-week low$12.75$12.53
Distance from 52-week high-68.83%-75.87%
Analyst consensusstrong_buybuy
Avg. price target upside+137.82%+103.35%
Average volume16.73M18.25M
Shares outstanding376.45M333.77M
Employees382162
SectorTechnologyTechnology
IndustryEDP ServicesEDP Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • QBTS has outperformed RGTI by 11.8 percentage points over the past year.
  • D-Wave Quantum is more profitable, keeping -1444.1 cents of every revenue dollar as net income versus -3050.4 cents for Rigetti Computing.
  • D-Wave Quantum grew revenue faster in its latest fiscal year (+178.54% vs -34.31%).

About D-Wave Quantum

QBTS stock →

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide.

Technology · EDP Services · 382 employees

About Rigetti Computing

RGTI stock →

Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS).

Technology · EDP Services · 162 employees

QBTS vs RGTI FAQ

Which is bigger, D-Wave Quantum or Rigetti Computing?

D-Wave Quantum (QBTS) is larger, with a market capitalization of $5.53B compared with $4.68B for Rigetti Computing (RGTI).

Which stock has performed better over the past year, QBTS or RGTI?

QBTS returned -58.45% over the past 12 months, compared with -70.22% for RGTI (price return, excluding dividends). Past performance does not predict future results.

Are D-Wave Quantum and Rigetti Computing in the same industry?

Yes. Both are classified in the EDP Services industry within the Technology sector.

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