RGTI Q3 2023 Earnings — Income Statement Breakdown
For its Q3 2023 period (ending 2023-09-30), RGTI reported revenue of $3M, gross profit of $2M (73.1% gross margin), operating income of −$17M, and net income of −$22M (-715.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RGTI reported a net loss; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
RGTI Q3 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $3M | 100% |
| Cost of Revenue | −$834,000 | 26.9% |
| Gross Profit | $2M | 73.1% |
| Research & Development | −$13M | 420.5% |
| Selling, General & Administrative | −$6M | 194.8% |
| Operating Income | −$17M | -542.1% |
| Interest Expense | −$1M | 47.4% |
| Other Income, net | −$5M | 173.4% |
| Net Income | −$22M | -715.5% |
Source: original SEC filing (filed 2023-11-09). Accession 0001558370-23-018557. Data normalized by EarningsFyi.