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Rigetti Computing, Inc. RGTI Q1 2026 earnings

Reported May 11, 2026 · After market close

Revenue$4.4MBeat by $313.4K
EPS-$0.04Beat by $0.01
Revenue estimate$4.1M
EPS estimate-$0.05

Next report

Nov 9, 2026 (in 2 months)
Revenue estimate$3.7M
EPS estimate-$0.05

Financials

Q1 2026

Income statement

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Revenue$4.4M+199%
Gross profit$1.4M+212%
Operating income-$26.0M-20.0%
Net income$33.1M-22.3%
EPS (diluted)-$0.06-146%

Balance sheet

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Cash & equivalents$48.1M+29.6%
Total debt$6.8M-19.3%
Total equity$583.6M+182%
Total assets$650.7M+142%

Cash flow

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Operating cash flow-$16.2M-18.8%
CapEx$4.4M+73.2%
Free cash flow-$20.6M-27.3%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$4.66B+106%
Enterprise value$4.62B+107%
P/S465.6×+220×

Profitability

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Gross margin30%-20.4pp
Operating margin-888.4%+112pp
Net margin-2,253.6%+2,331pp
FCF margin-815.2%+296pp

Returns & leverage

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Return on equity-57.1%-14.2pp
Debt / equity0×0.0×
Current ratio7×-11.8×

Segments

By product

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Sales Of Quantum Computers And Quantum Components$3.0M—
Collaborative Research And Other Professional Services$1.3M-2.5%
Access To Quantum Computing Systems$55.0K-60.7%

By geography

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Asia$3.0M+3,995%
Europe$592.0K-41.6%

By segment

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Single Reportable$4.4M+199%

FAQ

When did Rigetti Computing, Inc. report Q1 2026 earnings?
Rigetti Computing, Inc. (RGTI) reported Q1 2026 earnings on May 11, 2026 after market close.
What were Rigetti Computing, Inc.'s Q1 2026 revenue and EPS?
Rigetti Computing, Inc. reported revenue of $4.4M and eps of $-0.04 for Q1 2026.
Did Rigetti Computing, Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $4.1M by $313.4K. EPS beat the consensus estimate of $-0.05 by $0.01.
How did Rigetti Computing, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 198.9% from $1.5M a year earlier and eps grew 50.0% from $-0.08.
Where can I find Rigetti Computing, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-058635) and the 10-Q periodic report (0001104659-26-058641) directly on SEC EDGAR. The filing index links above go to sec.gov.