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RGTI vs BTQ: Which Quantum Stock Is Better?

Rigetti Computing (Superconducting) vs BTQ Technologies (Quantum Security) — live market, SEC financial and quantum-hardware data side by side.

RGTI is the larger company at $4.70B market cap, about 9.8× the size of BTQ ($477.88M).

RGTI reports more revenue ($7.09M vs $230.19K for BTQ, latest fiscal year).

On cash runway — the metric that decides who needs to raise money first — RGTI is stronger (82mo vs 7mo).

They take different technical paths: RGTI reports 108 qubits (Physical Qubits (Superconducting, Modular Chiplet)), while BTQ reports its qubit count (Software-Defined (Neutral-Atom Emulation & Control)) — raw counts are not directly comparable across modalities.

RGTI vs BTQ Performance (% return, all start at 0%)
1/272/253/264/275/266/25-50%-25%+0%+25%+50%
BTQ-18.0%RGTI-36.6%
MetricRGTIRigetti ComputingBTQBTQ Technologies
Market
Price$14.15$3.33
Market Cap$4.70B$477.88M
1Y Return-8.4%
52W High$58.15$16.00
52W Low$12.53$2.09
Financials
Revenue (latest FY)$7.09M$230.19K
Revenue YoY-34.3%-52.7%
Net Income-$216.21M-$17.95M
Cash & Equivalents$418.25M$8.75M
Cash Runway82mo7mo
Risk
Going Concern FlagNoNo
ATM Offerings (dilution)661
Daily Short Vol %56.2%51.2%
Beta (1Y vs SPY)1.001.81
Government & Research
Federal Awards Total$12.10M
Academic Citations43K
Patents
Quantum Technology
Physical Qubits108
Qubit ModalityPhysical Qubits (Superconducting, Modular Chiplet)Software-Defined (Neutral-Atom Emulation & Control)
2Q Gate Fidelity99.1%
Cloud PlatformsAWS Braket, QCS (Direct API), Azure Quantum, qBraidMIMIQ (cloud and on-premises), SDT QuREKA, aQCess digital twin
Roadmap TargetLyra (336 qubits, late 2026 narrow advantage target); 1,000+ qubits by end of 2027; utility-scale ~2027–2029Deploy the aQCess digital twin as the 400+ qubit platform comes online; QLU v1 targeted for mid-2027; expand MIMIQ/QLU integrations across neutral-atom hardware
Company
Founded20132021
HeadquartersBerkeley, CAVancouver, BC, Canada
Employees162
Company DNA0–100 rank vs all tracked stocks · missing data = 0
MomentumScaleRevenueRunwayGov $Research

Momentum = 1Y return · Scale = market cap · Runway capped at 36mo · Gov $ = federal awards · Research = citations + patents. Dollar axes use log scale.

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RGTI vs BTQ FAQ

Is RGTI or BTQ the bigger company?

RGTI is larger, with a market cap of $4.70B versus $477.88M for BTQ.

Which has the longer cash runway, RGTI or BTQ?

RGTI's cash runway is 82mo and BTQ's is 7mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).

What technology do RGTI and BTQ use?

Rigetti Computing (RGTI): Physical Qubits (Superconducting, Modular Chiplet). BTQ Technologies (BTQ): Software-Defined (Neutral-Atom Emulation & Control). Qubit counts are not directly comparable across different modalities.

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