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Rigetti Computing Inc Rgti Reports Q2 Loss Misses Revenue Msn

Bonisiwe Shabane
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rigetti computing inc rgti reports q2 loss misses revenue msn

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. Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement

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 (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.

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