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Rigetti Computing Faces Stock Turmoil Amid Q2 Earnings Losses

Bonisiwe Shabane
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rigetti computing faces stock turmoil amid q2 earnings losses

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 (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. RGTI Quick QuoteRGTI LFWD Quick QuoteLFWD Rigetti Computing, Inc. (RGTI Quick QuoteRGTI - Free Report) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06.

This compares to a loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.08, delivering a surprise of -60%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Rigetti Computing, which belongs to the Zacks Internet - Software industry, posted revenues of $1.8 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 5.71%.

This compares to year-ago revenues of $3.09 million. The company has not been able to beat consensus revenue estimates over the last four quarters. Rigetti Computing, Inc. (RGTI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to a loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.08, delivering a surprise of -60%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Rigetti Computing, which belongs to the Zacks Internet - Software industry, posted revenues of $1.8 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 5.71%. This compares to year-ago revenues of $3.09 million. The company has not been able to beat consensus revenue estimates over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. 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: Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement

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