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Rigetti Shares Drop Following Mixed Q3 Results Eps Exceeds

Bonisiwe Shabane
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rigetti shares drop following mixed q3 results eps exceeds

Rigetti Computing Inc. (NASDAQ:RGTI) shares fell after the company released a mixed third-quarter earnings report after Monday's closing bell. Here's a look at the details in the report. The Details: Rigetti Computing reported quarterly losses of three cents per share, which beat the analyst estimate for losses of four cents. Quarterly revenue came in at $1.94 million, which missed the Street estimate of $2.17 million and was down from revenue of $2.37 million the same period last year. Read Next: Top Stocks With Earnings This Week: Plug, Oklo, Circle And More

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. Electro Optic Systems Holdings is entering 2026 with significant momentum, following a remarkable share price surge of... 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. 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. Rigetti Q3 results show revenue below estimates and a narrow non-GAAP EPS beat; cash from warrant exercises and new orders shape near-term liquidity. Add your email to receive our free daily newsletter. No spam, unsubscribe anytime. Rigetti Computing reported mixed third-quarter 2025 results on Nov. 10, 2025, with revenue falling short of estimates while non-GAAP earnings narrowly beat forecasts.

The company also disclosed new commercial orders, a government contract, and an updated quantum technology roadmap. Rigetti posted third-quarter revenue of $1.9 million, below the consensus estimate of $2.17 million. The quarter reflected ongoing investment in product development and research and development, with an operating loss of $20.5 million. GAAP net loss reached $201.0 million, while the non-GAAP net loss was $10.7 million. Per-share figures included a GAAP loss of $0.62 and a non-GAAP loss of $0.03, slightly better than the forecast range of $0.04 to $0.05. At September 30, 2025, the company held $558.9 million in cash, cash equivalents, and available-for-sale investments.

This amount rose to roughly $600 million by November 6 after $46.5 million in warrant exercises. The company did not provide explicit full-year financial guidance in the quarter’s release. Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement

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That report, however, was quickly contradicted by separate reports. Rigetti Q3 results show revenue below estimates and a narrow non-GAAP EPS beat; cash from warrant exercises and new orders shape near-term liquidity. Add your email to receive our free daily newsletter. No spam, unsubscribe anytime. Rigetti Computing reported mixed third-quarter 2025 results on Nov. 10, 2025, with revenue falling ...