Semiconductors
Price
$17.94
-3.96%Market Cap
$5.96B
Day High
$19.68
Day Low
$17.55
RGTI reported a 211.8% YoY surge in gross profit to $1.38M in Q1 2026, but operating losses widened to -$25.95M as R&D spending jumped 29.1%, while net income of $33.1M was driven by non-operating items rather than core operations.
Key risk: Persistent Operational Cash Burn
RGTI generated -$16.2M in operating cash flow in Q1 2026, worsening from -$13.7M a year ago. The company is not generating cash from its core business and must rely on external financing or asset sales to sustain operations, creating ongoing dilution risk for shareholders.