Rigetti Computing Q2 Loss Widens Revenue Falls Marketscreener Com

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

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 is little changed in postmarket trading even as the quantum computing company delivered lower-than-expected revenue yet again. Revenue: $1.8 million (compared to estimates for $1.87 million). Operating loss: -$19.9 million (estimated -$20.9 million). Of course, with revenues so low to begin with in what is very much an emerging growth industry, any technological breakthroughs and shifting investor sentiment toward quantum computing will likely be bigger drivers of... “We continue to achieve our ambitious road map goals, most recently by demonstrating the industry’s largest multi-chip quantum computer with impressive performance,” CEO Dr.

Subodh Kulkarni said. “Our industry-leading proprietary chiplet approach to scaling and strong financial position makes us confident in hitting our end-of-year technology goals.” Written by JesterAI for The Motley Fool-> Revenue (GAAP) dropped 41.6% from Q2 2024 to Q2 2025, coming in below analyst expectations for the quarter. Rigetti launched the industry’s largest multichip quantum computer, hitting a key technology milestone. Cash, cash equivalents, and available-for-sale investments (GAAP) rose to $571.6 million as of Q2 2025, boosted by a $350 million capital raise.

Rigetti Computing (NASDAQ:RGTI), a quantum computing developer focused on scalable hardware and cloud-based solutions, announced its second quarter 2025 results on August 12, 2025. The headline news was a steep revenue decline and a wider net loss than analysts projected, with GAAP revenue of $1.8 million and a GAAP net loss of $39.7 million, both missing analyst estimates,... GAAP revenue was $1.8 million, missing the $1.87 million GAAP consensus estimate. Both GAAP net loss and revenue fell short of analyst expectations. The company reported $571.6 million in cash, cash equivalents, and investments as of June 30, 2025, reflecting the successful completion of a $350 million equity raise during the period. Overall, the quarter was defined by continued investment in technology and a bolstered balance sheet, set against persistent challenges in commercial revenue generation and profitability.

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