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Rgti Stock Slips After Mixed Earnings Quantum Goals In Focus

Bonisiwe Shabane
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rgti stock slips after mixed earnings quantum goals in focus

Shares of Rigetti Computing Inc. (NASDAQ: RGTI) are down more than 2% the day after the quantum computing company delivered a mixed earnings report. Revenue of $1.8 million was roughly in line with expectations for $1.87 million. The -5 cents earnings per share (EPS) came in 1 cent better than the 6-cent loss analysts had forecast. However, the company also reported a substantial year-over-year (YOY) operating loss. The important thing to remember about investing in Rigetti is that this is a long-term technology story that is being heavily influenced by short-term momentum traders.

Here’s what both camps need to know. There are several reasons to be bullish about quantum computing stocks and Rigetti in particular. But the company is not profitable, and that’s not expected to change anytime soon. Rigetti reminded shareholders of its economic situation with a $350 million capital raise through its ATM equity program. However, that does leave the company with over $570 million of cash on its balance sheet with no debt to fund its ongoing research and development. The company believes it has enough cash for at least the next 12 months.

Nevertheless, it’s a reminder that risks exist in this sector. Written by Zacks Equity Research for Zacks-> Rigetti Computing RGTI reported third-quarter 2025 adjusted loss per share of 3 cents, narrower than the loss per share of 8 cents in the prior-year quarter. The metric also surpassed the Zacks Consensus Estimate of earnings by 40%. GAAP loss per share in the reported quarter was 62 cents compared with the loss per share of 8 cents in the prior-year quarter. Shares of this company lost nearly 5.1% at yesterday’s market closing.

The company’s shares have surged 105.7% in the year-to-date period compared with the industry’s growth of 10.3%. The broader S&P 500 Index has increased 18% in the same time frame. The company reported total revenues of $1.9 million, down 18.1% year over year. The top line missed the Zacks Consensus Estimate by 18.5%. BSX Quick QuoteBSX WST Quick QuoteWST MEDP Quick QuoteMEDP RGTI Quick QuoteRGTI Rigetti Computing (RGTI Quick QuoteRGTI - Free Report) 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, 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: Rigetti Computing (RGTI) reported a bigger-than-expected second quarter loss while revenue missed Wall Street consensus estimates. Financial results season is winding up for quantum computing stocks. Rigetti stock fell on the Q2 results. Meanwhile, Quantum Computing (QUBT) reports Thursday.

Rigetti reported Q2 earnings after the market close on Tuesday. For the June quarter, Rigetti reported a 13 cent loss per… 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.

Aug 14- Rigetti Computing RGTI sank about 2.5% on Thursday morning after posting Q2 2025 results that mixed major quantum computing progress with deep financial losses. Shares fell as investors reacted to a 41.6% drop in revenue to $1.8 million and a net loss of $39.7 million. Gross margin nearly halved to 31.4% from 65% a year earlier, with rising R&D costs pushing operating expenses up 23.6%. The financial hit overshadowed news that its 36-qubit Cepheus-1-36Q system achieved a 99.5% median two-qubit gate fidelity, halving error rates compared to its predecessor. Rigetti also raised $350 million through an equity offering, boosting its cash to $571.6 million and leaving the company debt-free. However, the raise nearly doubled its share count, stoking dilution worries.

Despite the market's reaction, management reiterated plans to launch a 100+ qubit system by year-end, a move that could bring it closer to fault-tolerant quantum computing. In the background, rivals like IBM IBM, Microsoft MSFT, and Alphabet (GOOGL) are pushing aggressively in the same race, adding pressure to deliver.

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Shares of Rigetti Computing Inc. (NASDAQ: RGTI) are down more than 2% the day after the quantum computing company delivered a mixed earnings report. Revenue of $1.8 million was roughly in line with expectations for $1.87 million. The -5 cents earnings per share (EPS) came in 1 cent better than the 6-cent loss analysts had forecast. However, the company also reported a substantial year-over-year (Y...

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Here’s what both camps need to know. There are several reasons to be bullish about quantum computing stocks and Rigetti in particular. But the company is not profitable, and that’s not expected to change anytime soon. Rigetti reminded shareholders of its economic situation with a $350 million capital raise through its ATM equity program. However, that does leave the company with over $570 million ...

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