University of Kwazulu-Natal

Rigetti Computing Inc Rgti Q3 2025 Earnings Summary

Bonisiwe Shabane
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rigetti computing inc rgti q3 2025 earnings summary

Rigetti Computing (RGTI) reported Q3 2025 results marked by large non‑cash warrant revaluation losses and a completed $350 million at‑the‑market equity raise. Revenue was $1.947 million versus $2.378 million a year ago, with gross profit of $0.404 million and an operating loss of $20.549 million. Net loss was $200.968 million, driven primarily by a $181.955 million loss from the change in fair value of derivative warrant liabilities and a $4.062 million loss from earn‑out liabilities, partly offset by $5.598... Liquidity expanded through financing: during the nine months, Rigetti raised $350 million via an ATM program (30,309,780 shares at a $11.55 weighted average price), $35 million from a Quanta private placement, and $3.0 million... Subsequent to September 30, the company received $46.5 million from 4,042,099 additional public warrant exercises. As of September 30, cash and cash equivalents were $26.133 million, short‑term U.S.

Treasury investments were $420.850 million, and long‑term U.S. Treasury investments were $111.955 million. Operating cash used was $43.642 million for the nine months. Shares outstanding were 325,307,895 at September 30 and 330,026,078 as of November 6. Derivative warrant liabilities totaled $240.737 million at quarter‑end. Big equity raise bolsters liquidity; net loss driven by non-cash warrant marks.

Rigetti completed a full $350 million ATM program (30.31 million shares at $11.55). Combined with a $35 million private placement, financing activities provided $391.9 million year‑to‑date, materially increasing investment balances in short‑ and long‑term U.S. Treasuries disclosed on the balance sheet. Rigetti Computing Inc (RGTI) reported a loss of $0.03 per share for the third quarter of fiscal 2025, exceeding Wall Street's consensus estimate of $-0.04. Revenue remained at $0.0 billion, aligning with analyst expectations. The company’s performance reflects its ongoing efforts in the semiconductor industry, where it provides full-stack quantum computing services.

Headquartered in Berkeley, California, Rigetti operates quantum computers over the cloud and serves a diverse range of clients through its Rigetti Quantum Cloud Services platform. The firm has developed a multi-chip quantum processor designed for scalable systems and offers Quantum Computing as a Service (QCaaS). Rigetti also sells quantum processing units (QPUs) and custom computing components. The company will host an earnings conference call to discuss these results and provide further insights into its business performance. Investors should review the full earnings release and management commentary for a complete understanding of the quarter's outcomes and future expectations. Looking ahead, Rigetti's upcoming earnings on August 9, 2026, are projected to show an EPS of $-0.04 and revenue of $4.6 million.

This brief was generated from structured financial data and reviewed by the Investing Point editorial team. It is for informational purposes only and does not constitute investment advice. Market data provided by Finnhub. Explore more earnings information and financial data for RGTI Rigetti Computing reported sales a bit shy of estimates along with a modestly smaller-than-expected loss. For Q3, the quantum computing firm posted:

Revenue: $1.9 million (compared to an analyst consensus estimate of $2.17 million) Adjusted earnings per share: -$0.03 (estimate: -$0.05) The prospect of government support has been a major catalyst for the quantum space in recent months, including the US government deeming the technology an R&D priority, which was followed by a report that... That report, however, was quickly contradicted by separate reports.

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Rigetti Computing (RGTI) reported Q3 2025 results marked by large non‑cash warrant revaluation losses and a completed $350 million at‑the‑market equity raise. Revenue was $1.947 million versus $2.378 million a year ago, with gross profit of $0.404 million and an operating loss of $20.549 million. Net loss was $200.968 million, driven primarily by a $181.955 million loss from the change in fair val...

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Treasury investments were $420.850 million, and long‑term U.S. Treasury investments were $111.955 million. Operating cash used was $43.642 million for the nine months. Shares outstanding were 325,307,895 at September 30 and 330,026,078 as of November 6. Derivative warrant liabilities totaled $240.737 million at quarter‑end. Big equity raise bolsters liquidity; net loss driven by non-cash warrant m...

Rigetti Completed A Full $350 Million ATM Program (30.31 Million

Rigetti completed a full $350 million ATM program (30.31 million shares at $11.55). Combined with a $35 million private placement, financing activities provided $391.9 million year‑to‑date, materially increasing investment balances in short‑ and long‑term U.S. Treasuries disclosed on the balance sheet. Rigetti Computing Inc (RGTI) reported a loss of $0.03 per share for the third quarter of fiscal ...

Headquartered In Berkeley, California, Rigetti Operates Quantum Computers Over The

Headquartered in Berkeley, California, Rigetti operates quantum computers over the cloud and serves a diverse range of clients through its Rigetti Quantum Cloud Services platform. The firm has developed a multi-chip quantum processor designed for scalable systems and offers Quantum Computing as a Service (QCaaS). Rigetti also sells quantum processing units (QPUs) and custom computing components. T...

This Brief Was Generated From Structured Financial Data And Reviewed

This brief was generated from structured financial data and reviewed by the Investing Point editorial team. It is for informational purposes only and does not constitute investment advice. Market data provided by Finnhub. Explore more earnings information and financial data for RGTI Rigetti Computing reported sales a bit shy of estimates along with a modestly smaller-than-expected loss. For Q3, th...