For Q1 FY2026 ended March 31, 2026, Rigetti reported revenue of $4.4 million, up 198.9% year-over-year. Net income was $33.1 million, down 22.3% from the prior year. Operating loss widened to $25.95 million, and diluted EPS was -$0.06. Cash stood at $48.1 million, with equity of $583.6 million.
•Revenue surged 198.9% YoY to $4.4 million.
•Net income decreased 22.3% to $33.1 million.
•Operating loss expanded to $25.95 million.
•Cash and equity were $48.1 million and $583.6 million, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally.
The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS).
It also sells access to its quantum computers through QCaaS, as well as Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity
Quantum operating system software that supports public and private cloud architectures. It also offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system.
Its portfolio also includes Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology R&D, and professional services, such as algorithm development, benchmarking, quantum application programming, and software development.
The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations.
Its portfolio also includes Novera QPU that is based in fourth generation Ankaa-class architecture, 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer, and 84-qubit Ankaa-3 quantum computer. Founded in 2013, Rigetti Computing is headquartered in Berkeley, California.
Rigetti Computing, Inc. builds and operates quantum computers and superconducting quantum processors. The company offers quantum processing units (QPUs) and quantum computing systems, providing access to quantum computing through the cloud as quantum computing as a service (QCaaS). It also sells access to its quantum computers via QCaaS and offers the Rigetti quantum cloud services platform, which supports various programming capabilities, public or private cloud integration, and connectivity. Additionally, Rigetti provides quantum operating system software for public and private cloud architectures, and QCS Outpost, a distributed software environment for system operation and monitoring. Its portfolio includes Rigetti Foundry Services, which delivers superconducting quantum chips to advance quantum information science R&D, and professional services like algorithm development, benchmarking, and quantum application programming.
Where is Rigetti Computing (RGTI) listed and in which currency?
Rigetti Computing, Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol RGTI. The company's stock trades in US dollars (USD), as it is headquartered in the United States and its primary listing is on a US exchange.
What sector and industry does Rigetti Computing (RGTI) belong to?
Rigetti Computing, Inc. operates in the Technology sector and is classified under the Computer Hardware industry. This reflects its focus on developing and manufacturing quantum computing hardware, including superconducting quantum processors and quantum processing units (QPUs), as well as providing related cloud services and software.
Which markets and geographies does Rigetti Computing (RGTI) serve?
Rigetti Computing serves customers in the United States, the United Kingdom, rest of Europe, Asia, and internationally. Its client base includes commercial enterprises, government organizations, international government entities, academia, defense laboratories, and national laboratories. The company provides quantum computing solutions globally through its cloud-based QCaaS offerings and direct sales of quantum systems.
What are some notable products in Rigetti Computing's (RGTI) portfolio?
Rigetti Computing's portfolio includes the Novera QPU, a 9-qubit chip quantum processing unit featuring tunable couplers for fast two-qubit operations, and a 5-qubit chip for testing single-qubit operations. The Novera QPU is based on the fourth-generation Ankaa architecture. Additionally, the company offers Rigetti Foundry Services for delivering superconducting quantum chips to support R&D, and professional services such as algorithm development, benchmarking, quantum application programming, and software development.