Quantum Computing Stocks Rigetti Earnings Beat Revenue Light

Bonisiwe Shabane
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quantum computing stocks rigetti earnings beat revenue light

Rigetti Computing (RGTI) reported a smaller-than-expected third quarter adjusted loss while revenue missed consensus estimates as financial results for quantum computing stocks roll in. Rigetti stock fell Tuesday amid the Q3 earnings report. Rigetti reported Q3 earnings after the market close on Monday. The company hosts an earnings call with Wall Street analysts on Tuesday morning. For the September quarter,… 12/22/2025 Quantum computing stocks got Wall Street's attention in 2025 as JPMorgan, Jefferies, Evercore ISI, Cantor and Mizuho initiated coverage.

12/22/2025 Quantum computing stocks got Wall Street's attention in 2025 as... Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! Get market updates, educational videos, webinars, and stock analysis. Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement Rigetti Q3 results show revenue below estimates and a narrow non-GAAP EPS beat; cash from warrant exercises and new orders shape near-term liquidity.

Add your email to receive our free daily newsletter. No spam, unsubscribe anytime. Rigetti Computing reported mixed third-quarter 2025 results on Nov. 10, 2025, with revenue falling short of estimates while non-GAAP earnings narrowly beat forecasts. The company also disclosed new commercial orders, a government contract, and an updated quantum technology roadmap. Rigetti posted third-quarter revenue of $1.9 million, below the consensus estimate of $2.17 million.

The quarter reflected ongoing investment in product development and research and development, with an operating loss of $20.5 million. GAAP net loss reached $201.0 million, while the non-GAAP net loss was $10.7 million. Per-share figures included a GAAP loss of $0.62 and a non-GAAP loss of $0.03, slightly better than the forecast range of $0.04 to $0.05. At September 30, 2025, the company held $558.9 million in cash, cash equivalents, and available-for-sale investments. This amount rose to roughly $600 million by November 6 after $46.5 million in warrant exercises. The company did not provide explicit full-year financial guidance in the quarter’s release.

Rigetti Computing shares fell 2% to $33.08 following the release of third-quarter earnings. The Berkeley, California-based quantum computing company posted results that topped Wall Street forecasts but showed expanding operating losses. The company reported an adjusted loss of 3 cents per share on revenue of $1.9 million. Analysts surveyed by FactSet had projected a loss of 5 cents per share on sales of $2.2 million. For the full year, Rigetti expects to post a loss of 29 cents per share on revenue of $8.1 million. This compares to a loss of 36 cents per share on sales of $10.8 million in 2024.

$RGTI (Rigetti Computing) #earnings are out: pic.twitter.com/qms45UXbgZ — The Earnings Correspondent (@earnings_guy) November 10, 2025 Rigetti Computing reported its third quarter 2025 financial results, showing mixed performance. While the company posted an adjusted loss that was smaller than expected, its revenue did not meet analyst estimates.Following the release, Rigetti's stock price dropped, with shares down 4.6% in after-hours trading. The company is a well-known player in the quantum computing sector.Rigetti also provided updates on its technology roadmap, outlining plans for new advancements in 2026 and 2027. The stock price declined because the company's revenue for the third quarter was lower than what analysts expected, even though its adjusted loss was better than anticipated.

It means the company performed better than expected in some areas, like reporting a smaller loss, but worse in others, such as missing revenue forecasts. Rigetti Computing focuses on developing quantum-classical computing technology. Yes, the company shared updates on its technology roadmap, with new advancements planned for 2026 and 2027. Rigetti Computing reported third quarter 2025 earnings results, posting $1.9 million in revenue for the quarter, just a tiny uptick from the $1.8 million collected in Q2 2025, and a decline from the $2.4... The earnings release is here, and I’ll have more later from the earnings call, but other notable numbers: GAAP net loss for the quarter was $201 million, non-GAAP $10.7 million. Also, at the end of Q3, Rigetti had cash in hand, cash equivalents, and “available for sale investments” equaling $558.9 million, though since the quarter has ended, proceeds of $46.5 million “were received from...

6. UPDATE: After looking over the earnings call transcript, there were a few other things of note: One was Rigetti CEO Subodh Kulkarni’s comment on Rigetti being left off the initial list of participants for Stage B of DARPA Quantum Benchmarking Initiative (QBI), announced late last week. Kulkarni, said during the earnings call, according to the Insider Monkey transcript, that Rigetti “received constructive feedback regarding our proposal, and we will continue to work with their team. We are optimistic that we will be chosen for Phase B in the coming months.” This conforms to the view that some of the Stage A participants left off of the Stage B list still could be added based on making some adjustments to their submissions.

During the analyst Q&A on the call, Kulkarni provided some further insight, saying, that the Stage B needs Rigetti is working to satisfy are in the area of “error corrections and some areas of... Flurry of activity from all three during the quarter helped drive revenue across the board Quantum computing firms D-Wave, IonQ, and Rigetti have announced their Q2 2025 earnings. Once again, all three companies reported net losses for the quarter, but remained bullish about their prospects, with IonQ increasing its full-year forecast off the back of this quarter's financial results. For the second quarter of 2025, D-Wave posted revenue of $3.1 million, a year-over-year (YoY) increase of 42 percent, but a significant decrease from the $15m the company recorded in the first quarter of... Bookings of $1.3m were up 92 percent from Q2 2024, but down on the $1.6m from Q1.

Operating expenses for the quarter totaled $28.5m, an increase of $8.3m, or 41 percent YoY, while net losses came in at $167.3m, an increase of $149.5m from the same quarter in 2024. D-Wave said the increased losses were primarily due to $142 million in non-cash, non-operating charges related to the remeasurement of the Company’s warrant liability, in addition to realized losses stemming from warrant exercises. In a statement posted alongside the results, D-Wave highlighted a number of notable achievements during the three-month period ending June 30, including the company’s sixth-generation quantum computer coming to market and the signing of...

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