Zacks Investment Research·18h ago
Rigetti Builds Commercial Momentum With Hybrid Quantum-HPC StrategyRGTI is advancing its hybrid quantum-HPC strategy with HPE and PSC while expanding commercial interest and scaling its superconducting roadmap.
Rigetti Computing is demonstrating early commercial traction with revenue surging 185.3% year-over-year to $5.1M in 2026Q2, yet the company remains deeply unprofitable, posting a net loss of $52.6M in the same quarter. The path to profitability hinges on scali...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue accelerated 185.3% year-over-year to $5.1M in 2026Q2, but gross margin swung to 42.6% from -92.1% in 2025Q4, while operating losses widened to -$28.1M as R&D spending of $20.7M outpaced gross profit.
Rigetti Computing secured up to $100 million over three years under the CHIPS Act, accelerating its superconducting quantum technology development.
Multiple bullish theses highlight Rigetti's potential, with Topstocktrader's Substack emphasizing positive sentiment around the stock.
Despite risks, Rigetti is positioned similarly to peers like IonQ in the quantum computing space, with ongoing innovation driving investor interest.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 6, 2026 | -$0.05-8.6% vs -$0.05 | $5M+1.0% vs $5M |
Q2 2026 May 11, 2026 | -$0.04+2.0% vs -$0.04 | $4M+7.7% vs $4M |
Q2 2026 Mar 4, 2026 | -$0.03+40.0% vs -$0.05 | $2M-19.8% vs $2M |
Q4 2025 Nov 10, 2025 | -$0.03+28.0% vs -$0.04 | $2M-10.2% vs $2M |
RGTI is advancing its hybrid quantum-HPC strategy with HPE and PSC while expanding commercial interest and scaling its superconducting roadmap.
IonQ (NYSE:IONQ | IONQ Price Prediction) stock jumped 4% to $45.60 on Wednesday after Bank of America initiated coverage with a Buy rating and a $60 price target. Rigetti Computing (NASDAQ:RGTI) shares advanced 2% to $16.
We rated three quantum computing stocks a year ago, and the market handed back a brutal verdict on nearly all of them. Now the landscape has shifted enough that at least one of those calls gets reversed entirely.
Rigetti Computing (NASDAQ: RGTI - Get Free Report) and PDF Solutions (NASDAQ: PDFS - Get Free Report) are both technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, dividends, earnings, institutional ownership, risk and profitability. Volatility and Risk Rigetti Computing has a beta
Benchmark RGTI against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Rigetti Computing, Inc. (RGTI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $15.25 | $5.07B | -21.79 | -34.31% | -3050.37% | -64.27% | — | |
| $43.77 | $16.34B | -24.05 | 201.85% | -573.62% | -39.19% | — | |
| $15.77 | $5.79B | -14.21 | 178.54% | -2001.59% | -26.67% | — | |
| $8.18 | $1.84B | -74.36 | 82.84% | -152.45% | -1.06% | — | |
| $24.62 | $385.35M | -9.62 | 80.89% | -5271.99% | -360.48% | — | |
| $222.64 | $209.76B | 19.93 | 7.62% | 15.52% | 33.43% | — |
Rigetti Computing, Inc. (RGTI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Rigetti Computing, Inc. (RGTI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Jun 11, 2026·SEC
May 21, 2026·SEC
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Rigetti Computing, Inc. (RGTI) stock FAQ — growth, dividends, profitability & financials explained
Rigetti Computing, Inc. (RGTI) reported $13.4M in revenue for fiscal year 2025. This represents a 1716% increase from $0.7M in 2019.
Rigetti Computing, Inc. (RGTI) saw revenue decline by 34.3% over the past year.
Rigetti Computing, Inc. (RGTI) reported a net loss of $238.7M for fiscal year 2025.
Rigetti Computing, Inc. (RGTI) has a return on equity (ROE) of -64.3%. Negative ROE indicates the company is unprofitable.
Rigetti Computing, Inc. (RGTI) had negative free cash flow of $108.2M in fiscal year 2025, likely due to heavy capital investments.
