Quantum Stock Rigetti Q2 Earnings Revenue Miss Inkl

Bonisiwe Shabane

-Jan 2, 2026, 3:39 PM

quantum stock rigetti q2 earnings revenue miss inkl

BERKELEY, Calif., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the second quarter ended June 30, 2025. Second Quarter 2025 and Recent Financial Highlights “We continue to achieve our ambitious roadmap goals, most recently by demonstrating the industry’s largest multi-chip quantum computer with impressive performance. Our industry-leading proprietary chiplet approach to scaling and strong financial position makes us confident in hitting our end-of-year technology goals,” says Dr.

Subodh Kulkarni, Rigetti CEO. Rigetti’s Multi-Chip Quantum Computer, Cepheus™-1-36Q, the Industry’s Largest Multi-Chip Quantum Computer, is Released for General Availability and Deployed on the Rigetti Quantum Cloud Services Platform (QCS®), and will be Available on Microsoft Azure Thereafter With the general availability of Cepheus-1-36Q, Rigetti continues its recent improvements in performance, obtaining a 2x reduction in two-qubit gate error rate from its previous Ankaa™-3 system, and achieving a median two-qubit gate fidelity... Cepheus-1-36Q is the first multi-chip quantum computer in the industry to achieve this level of performance, and with four chips, contains the largest number of chiplets in a quantum computer. This further validates Rigetti’s approach to scaling its quantum computing systems. Daily stocks & crypto headlines, free to your inbox

By continuing, I agree to the Market Data Terms of Service and Privacy Statement Written by Zacks Equity Research for Zacks-> Rigetti Computing RGTI reported second-quarter 2025 adjusted loss per share of 5 cents, narrower than the loss per share of 7 cents in the prior-year quarter. The metric also surpassed the Zacks Consensus Estimate of earnings by 16.7%. GAAP loss per share in the reported quarter was 13 cents compared with the loss per share of 7 cents in the prior-year quarter. Shares of this company lost nearly 2.6% in today’s pre-market hours.

The company’s shares have gained 3% in the year-to-date period compared with the industry’s growth of 20.5%. The broader S&P 500 Index has increased 8.2% in the same time frame. The company reported total revenues of $1.8 million, down 41.6% year over year. The top line missed the Zacks Consensus Estimate by 5.7%. Rigetti Computing reported Q2 2025 revenues of $1.8 million, a net loss of $39.7 million, and strong cash reserves. Rigetti Computing, Inc.

announced its financial results for the second quarter ended June 30, 2025, reporting total revenues of $1.8 million against operating expenses of $20.4 million, resulting in an operating loss of $19.9 million and a... The net loss includes $22.8 million in non-cash losses from changes in fair value of certain liabilities. Rigetti highlighted the launch of its Cepheus-1-36Q, the industry’s largest multi-chip quantum computer, which now operates at a median two-qubit gate fidelity of 99.5%, showcasing significant performance improvements. The company completed a $350 million equity raise, enhancing its cash position to $571.6 million, and plans to utilize these funds for capital expenditures and potential collaborations. CEO Dr. Subodh Kulkarni expressed confidence in achieving year-end technology goals and continuing to advance their quantum computing technologies.

A conference call to discuss the results further is scheduled for later the same day. Rigetti reported total revenues of $1.8 million and a net loss of $39.7 million for Q2 2025. Cepheus-1-36Q is the industry's largest multi-chip quantum computer, achieving a median two-qubit gate fidelity of 99.5%. The proceeds from the equity raise will primarily support working capital and capital expenditures, with potential strategic partnerships. This event highlights financial challenges faced by emerging technology firms in meeting revenue projections. A quantum computing company's quarterly earnings report underscores investor sensitivity to performance gaps, with revenue falling short of forecasts and sustained operating losses exceeding expectations.

The results reflect broader market dynamics impacting high-tech startups, particularly those operating in capital-intensive, long-term R&D sectors where consistent funding and milestone achievements are critical for maintaining investor confidence. On August 12, 2025, Rigetti Computing Inc. reported its second-quarter earnings for 2025, revealing financial results that fell short of analysts’ expectations. The quantum computing company posted revenue of $1.8 million, compared to consensus estimates of $1.87 million. The operating loss for the quarter was $19.9 million, which was slightly better than the estimated loss of $20.9 million.Despite the earnings miss, CEO Dr. Subodh Kulkarni highlighted the company’s recent technological achievements.

He stated, “We continue to achieve our ambitious road map goals, most recently by demonstrating the industry’s largest multichip quantum computer with impressive performance. Our industry-leading proprietary chiplet approach to scaling and strong financial position makes us confident in hitting our end-of-year technology goals.”In mid-July 2025, Rigetti’s shares saw their biggest one-day gain since January, surging 30% after... This included a significant reduction in error rates and confirmation that development was proceeding on schedule.However, the stock remains well below its peak closing price of $20 from the first trading day of 2025. The sector experienced a sharp downturn shortly after that peak when Nvidia CEO Jensen Huang remarked that it could take 15 to 30 years before quantum computers become highly useful.The newly released Q2 numbers... Rigetti Computing, Inc. (NASDAQ:RGTI) released its second-quarter results after Tuesday's closing bell.

Here's a look at the details in the report. The Details: Rigetti Computing reported quarterly losses of 13 cents per share, which missed the analyst consensus estimate for losses of six cents. Quarterly revenue came in at $1.8 million, which missed the analyst consensus estimate of $1.88 million and is down from revenue of $3.086 million from the same period last year. Read Next: Retail Crowd’s Top Stocks With Earnings This Week: Archer, Rigetti, Oklo And More For the second quarter, Rigetti reported:

Quantum Stock Rigetti Q2 Earnings Revenue Miss Inkl

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