Rigetti Computing Reports Second Quarter 2026 Financial Results Growing demand for Rigetti’s quantum systems, progress on the technology roadmap, and strategic U.S. government support BERKELEY, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced financial results for the second quarter ended June 30, 2026 and provided an update on recent business and technology milestones. Second Quarter 2026 Financial Highlights - Total revenues for the three months ended June 30, 2026 were $5.1 million - Operating loss for the three months ended June 30, 2026 was $28.1 million - For the three months ended June 30, 2026: GAAP net loss $52.6 million; non-GAAP net loss $16.0 million - For the three months ended June 30, 2026: GAAP diluted net loss per share $0.16; non-GAAP diluted net loss per share $0.05 - As of June 30, 2026, cash, cash equivalents and available-for-sale investments totaled $541.3 million “In the second quarter, we continued to execute on our strategy by focusing on our system performance, progressing our core technology roadmap, and broadening on-premises system deployments,” said Dr. Subodh Kulkarni, Rigetti CEO. “Our recently announced expanded collaboration with Hewlett Packard Enterprise Company (HPE) and the Pittsburgh Supercomputing Center to develop a hybrid quantum-classical supercomputer reflects growing demand for our approach and positions Rigetti to deliver differentiated quantum-enhanced high-performance computing (HPC) solutions.” “We are seeing broadening engagement across government, academic, and commercial customers, and we believe our open modular approach, superconducting gate-based architecture, and chiplet-based scaling strategy continue to differentiate Rigetti in the market. End users who leverage our systems over the cloud benefit from ease of use and consistent uptime, which we will continue to prioritize as quantum computing R&D progresses,” Dr. Kulkarni continued. “In addition, our recently announced letter
Rigetti <b>Computing</b> Reports Second Quarter 2026 Financial Results
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