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Rigetti Computing Reports Mixed Q3 Results Shares Fall

Bonisiwe Shabane
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rigetti computing reports mixed q3 results shares fall

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.

Shares of Rigetti Computing Inc. (NASDAQ:RGTI) fell on Thursday — extending their recent slide — after the quantum computing company reported third-quarter results that paired narrower losses with a decline in revenue. The company also reiterated its long-term plan to scale its hardware, maintaining a focus on performance milestones rather than immediate revenue growth. Market Reaction And Revenue TrendsRigetti reported a quarterly loss of three cents per share, topping expectations for a deeper loss. Revenue reached $1.94 million, down from last year and short of forecasts, prompting a negative market reaction. Analyst OutlookAnalysts remained divided as the company progressed deeper into its multi-year development cycle.

Craig-Hallum's Richard Shannon reaffirmed a Buy rating, stressing that progress toward next-generation systems remains central to the bullish thesis. B. Riley Securities' Craig Ellis stayed Neutral and cut his price target from $42 to $35. Benchmark analyst David Williams maintained a Buy rating but reduced his target from $50 to $40, reflecting tempered expectations after the quarter. Also Read: Quantum Stock Tracker: IonQ, Rigetti, D-Wave Report Q3 Earnings 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) reported its financial results for the third quarter of 2025, delivering a mixed performance that has resulted in a muted market response. The company, a developer of full-stack quantum computing systems, beat analyst expectations on its bottom-line loss but fell short on revenue, creating a complex picture for investors. The company's performance against Wall Street estimates presents a tale of two metrics. While the loss was not as deep as feared, the top-line revenue failed to meet projections. The market's reaction has been negative in the immediate aftermath, with the stock trading lower.

This suggests that investors are placing greater emphasis on the revenue miss than the narrower-than-expected loss, a common dynamic for growth-stage companies where sales growth is a primary valuation driver. Beyond the headline earnings figures, the company's press release detailed several key financial and operational developments. The quarter was characterized by significant fundraising activity and continued investment in its core technology. A central focus of the earnings report was the reaffirmation and extension of Rigetti's technology roadmap, outlining ambitious targets for the coming years. The company also highlighted several strategic partnerships aimed at advancing the broader quantum ecosystem. Electro Optic Systems Holdings is entering 2026 with significant momentum, following a remarkable share price surge of...

Rigetti Computing reported its third quarter 2025 financial results, showing mixed performance. While the company posted an adjusted loss that was smaller than expected, its revenue did not meet analyst estimates.Following the release, Rigetti's stock price dropped, with shares down 4.6% in after-hours trading. The company is a well-known player in the quantum computing sector.Rigetti also provided updates on its technology roadmap, outlining plans for new advancements in 2026 and 2027. The stock price declined because the company's revenue for the third quarter was lower than what analysts expected, even though its adjusted loss was better than anticipated. It means the company performed better than expected in some areas, like reporting a smaller loss, but worse in others, such as missing revenue forecasts. Rigetti Computing focuses on developing quantum-classical computing technology.

Yes, the company shared updates on its technology roadmap, with new advancements planned for 2026 and 2027. Earnings Report: Rigetti Computing reported a quarterly loss of three cents per share, which was better than the expected loss of four cents, but its revenue of $1.94 million fell short of the $2.17... Stock Performance: Following the earnings report, Rigetti's stock (RGTI) dropped 2.57% to $32.23 in extended trading. Technology Roadmap: The company outlined its technology roadmap, expecting to deploy a 150+ qubit system by the end of 2026 and a 1,000+ qubit system by the end of 2027, with high anticipated gate... CEO's Statement: Dr. Subodh Kulkarni, CEO of Rigetti, highlighted strong demand for their quantum computers and ongoing collaborations to enhance R&D and the broader quantum ecosystem.

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By Continuing, I Agree To The Market Data Terms Of

By continuing, I agree to the Market Data Terms of Service and Privacy Statement Rigetti Computing Inc (NASDAQ:RGTI) reported its financial results for the third quarter of 2025, delivering a mixed performance that has resulted in a muted market response. The company, a developer of full-stack quantum computing systems, beat analyst expectations on its bottom-line loss but fell short on revenue, c...

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This suggests that investors are placing greater emphasis on the revenue miss than the narrower-than-expected loss, a common dynamic for growth-stage companies where sales growth is a primary valuation driver. Beyond the headline earnings figures, the company's press release detailed several key financial and operational developments. The quarter was characterized by significant fundraising activi...