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Rigetti Computing Inc Nasdaq Rgti Q2 2025 Earnings Report Revenue

Bonisiwe Shabane
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rigetti computing inc nasdaq rgti q2 2025 earnings report revenue

Rigetti Computing (NASDAQ:RGTI) reported Q2 2025 financial results and announced the general availability of Cepheus™-1-36Q, the industry's largest multi-chip quantum computer. The company reported revenue of $1.8 million with a net loss of $39.7 million. Key achievements include a 2x reduction in two-qubit gate error rate from its previous system, achieving 99.5% median two-qubit gate fidelity. The four-chiplet system represents the largest number of chiplets in a quantum computer. The company successfully raised $350 million through an equity offering, ending Q2 2025 with $571.6 million in cash and investments. Rigetti plans to release a 100+ qubit chiplet-based system with 99.5% median two-qubit gate fidelity by the end of 2025.

On the day this news was published, RGTI gained 6.42%, reflecting a notable positive market reaction. Argus tracked a peak move of +17.0% during that session. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $320M to the company's valuation, bringing the market cap to $5.30B at that time. Trading volume was above average at 1.6x the daily average, suggesting increased trading activity. Data tracked by StockTitan Argus on the day of publication.

Rigetti Computing (NASDAQ:RGTI) Q2 2025 Earnings: Revenue and EPS Miss Estimates, Shares Decline Rigetti Computing (NASDAQ:RGTI) reported its second-quarter 2025 financial results, falling short of analyst expectations on both revenue and earnings per share (EPS). The quantum computing company posted revenue of $1.8 million, missing the consensus estimate of $1.91 million. Meanwhile, the net loss per share came in at -$0.056, worse than the anticipated -$0.0471. Following the earnings release, Rigetti’s stock declined in after-hours trading, dropping approximately 2.6%, reflecting investor disappointment with the results. Over the past month, shares had gained 27.4%, but the post-earnings reaction suggests concerns about the company’s near-term financial performance.

The revenue miss and wider-than-expected loss likely contributed to the negative market response. While Rigetti maintains a strong cash position, investors may be scrutinizing the company’s ability to scale revenue alongside its technological advancements. Rigetti announced the general availability of its 36-qubit multi-chip quantum computer, Cepheus-1-36Q, which the company claims achieves a median two-qubit gate fidelity of 99.5%—a significant improvement over previous systems. The company also reiterated its goal to release a 100+ qubit system by the end of 2025. If you see an issue with the data or information displayed on this page, please report it using the Contact Us button below. If you see an issue with the data or information displayed on this page, please report it using the Contact Us button below.

Nasdaq provides visual representation of analyst expected earnings growth. Read our earnings report guide before you consider the forecast information when making investment decisions. Visit the Earnings Calendar to see dates for upcoming earnings announcements. The following is a summary of the Rigetti Computing, Inc. (RGTI) Q2 2025 Earnings Call Transcript: Rigetti reported Q2 2025 revenue of $1.8 million, significantly down from $3.1 million in Q2 2024.

Gross margins for Q2 2025 were recorded at 31%, a decline from 64% in the previous year, attributed to variable pricing in development contracts, particularly with the U.K.'s NQCC. Operational expenses increased to $20.4 million from $18.1 million due to salary hikes, new hires, and enhanced shareholder meeting costs. The operating loss widened to $19.9 million from $16.1 million year-over-year, with a net loss of $39.7 million compared to a net loss of $12.4 million in Q2 2024. 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!

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The Revenue Miss And Wider-than-expected Loss Likely Contributed To The

The revenue miss and wider-than-expected loss likely contributed to the negative market response. While Rigetti maintains a strong cash position, investors may be scrutinizing the company’s ability to scale revenue alongside its technological advancements. Rigetti announced the general availability of its 36-qubit multi-chip quantum computer, Cepheus-1-36Q, which the company claims achieves a medi...

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Nasdaq provides visual representation of analyst expected earnings growth. Read our earnings report guide before you consider the forecast information when making investment decisions. Visit the Earnings Calendar to see dates for upcoming earnings announcements. The following is a summary of the Rigetti Computing, Inc. (RGTI) Q2 2025 Earnings Call Transcript: Rigetti reported Q2 2025 revenue of $1...