RGTI Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-12-31), RGTI reported revenue of $2M, gross profit of $1M (44.1% gross margin), operating income of −$18M, and net income of −$153M (-6726.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RGTI reported a net loss; revenue fell 32.6% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | −32.6% | −1116.7% | −6354.1 pp |
| Quarter over quarter | −4.4% | −931.2% | −6102.8 pp |
Consensus estimate data is not available for this report.
RGTI Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $2M | 100% |
| Cost of Revenue | −$1M | 55.9% |
| Gross Profit | $1M | 44.1% |
| Research & Development | −$14M | 600.6% |
| Selling, General & Administrative | −$6M | 256.8% |
| Operating Income | −$18M | -813.3% |
| Interest Expense | −$446,000 | 19.6% |
| Other Income, net | −$134M | 5893.6% |
| Net Income | −$153M | -6726.5% |
Source: original SEC filing (filed 2025-03-05). Accession 0001558370-25-002254. Data normalized by EarningsFyi.